China pledges stability, reform in 2017 as key economic meeting ends – People’s Daily Online

 

Dear Friends

 

“China pledges stability, reform in 2017 as key economic meeting ends” – People’s Daily Online

 

The article below is full of nuggets if you are interested in the Chinese economy.

 

It tells us what the leadership saw in 2016 and what they will focus on in 2017.

 

They are continuing to transform the economy into a modern Chinese socialist system. That process will take a hundred years and that is what makes this piece so extraordinary. It shows that since 1978 they have been reforming and changing in the immediate but to a long term vision and plan.

 

Wishing you all a good Xmas

 

Stephen

 

Ps mixed ownership probably means adding welfare funds and other major investors seeking long term returns, such as insurance companies.

 

http://en.people.cn/n3/2016/1217/c90000-9156182.html

 



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