ChinaUS EUROPEASIA 中文双语Français
Business\Biz Photos

Six key areas to watch on China's economy 2017

Xinhua | Updated: 2017-01-04 06:48

Supply-side structural reform

Six key areas to watch on China's economy 2017

A wind farm at Rudong in Jiangsu province. [Photo by Xu Congjun / for China Daily]

China's Central Economic Work Conference has made "seeking progress while maintaining stability" the main theme for economic work in 2017, pledging to push for substantial progress in supply-side structural reform.

Economists believe China will improve its basic economic system and expedite reforms to delegate power, improve regulation and optimize services.

Yu Yongding, economist and former central bank adviser, stressed the importance of both supply-side structural reform and macro-control policies, saying China's stable growth may not be sustained without reforms, while the reforms will not be successful if they run out of control.

"Looking from a global perspective, China's advantage lies in its ample room for reforms," said Xing. In 2017, China is expected to launch fundamental reforms involving state-owned enterprises, taxation, finance, land, urbanization, social insurance, ecological civilization and the opening up policy.

BACK TO THE TOP
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US