ChinaUS EUROPEASIA 中文双语Français

Top 10 key economic words in 2016 | Updated: 2016-12-19 06:53
Supply-side reform
Top 10 key economic words in 2016

A worker at a steel plant in Tangshan, North China's Hebei provine. [Photo/VCG]

President Xi Jinping said China's emphasis in 2016 would be on supply-side reform, or a package of supply-side policies to release new demand and boost new productivity.

He was speaking at the conclusion of the Central Economic Work Conference, which was held along with the Central Urban Work Conference in December 2015.

The country has made great efforts to fulfill five major tasks: cutting excessive capacity, destocking, deleveraging, reducing corporate costs and shoring up the economy's weak links this year.

A list of key economic data released on Dec 13, including industrial output and fixed-asset investment, pointed to stabilization and restructuring progress in the economy.

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