The classically perfect action of QCD requires no tuning to get the pi
on massless in the broken phase: the critical bare mass m(q)(c) is zer
o. Neither the vector nor the flavour non-singlet axial vector current
s need renormalization. Further, there is no mixing between 4-fermion
operators in different chiral representations. The order parameter of
chiral symmetry requires, however, a subtraction which is given here e
xplicitly. These results are based on the fact that the fixed point ac
tion satisfies the Ginsparg-Wilson remnant chiral symmetry condition.
On chiral symmetry related questions any other local solution of this
condition will produce similar results. (C) 1998 Elsevier Science B.V.