Study Xi Jinping for Money

Get brownie points by studying Xi Jinping

The Little Red Book has gone digital.

The famous pocketbook of quotations supposedly spoken by Mao Zedong has been upgraded to studying "Xi Jinping Thought" through an app called Xuexi Qiangguo, or "Study Powerful Country".

Once people open the app, they are supposed to read the articles in it -- but they are also quizzed too.

Xuexi Guoqiang is an app for people to read more about Xi

It doesn't matter if you get the answers wrong -- you still get points for trying.

And of course the more time you spend on the app the better, because it's all about amassing lots and lots of points to show how dedicated you are in studying Xi Jinping thought.

It turns out this activity is not just for individuals to show how devoted they are to the Communist Party of China and Xi Dada or Grandpa Xi, but even companies can get in on this and reap some big benefits.


A company called Zhejiang Taida Miniature Electrical Machinery Co, that produces ventilating fans, received a so-called "red impetus loan" of 3 million yuan (US$447,000), said chairman Qiu Rongquan at the recent bi-annual Canton Fair.

The loans are given to companies that have solid businesses after promoting the Communist Party, Qiu explained.

Xi's app is the digital version of the Little Red Book

According to Huzhou city government, where the company is based, the loans are guarantee- and collateral-free, with reduced interest rates to help private companies develop. Qiu said his company received the loan at the benchmark interest rate, whereas it would usually pay 20 to 30 percent above the rate.

What a bonus! And just for promoting the CPC!

Previously the Chinese government would freely give loans to state-owned enterprises, but now it seems more interested in dangling carrots in front of private companies that badly need the capital injection.

Qiu encourages his employees to use the Xuexi Qiangguo app, and apparently it has paid off, receiving government support.

The "red impetus loan" may be used to be part of the 5 million yuan Qiu planned to invest in research in development, upgrade machinery and attract talent. In this way he hopes to more effectively compete with Germany and Taiwan and increase the company's market share from 10 percent to 30 percent.

Devotion to the app can lead to company loans

See it's so easy to study Xi Jinping thought. You could hit the jackpot!