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YES IT IS SO

Popularity 1Viewed 1759 times 2014-8-19 12:48 |System category:News| experience, government, investment, anything, economic

Nation faces task of reviving growth

Editor's Note: If anything, the experience of 2013 shows more clearly than ever the limits of China's old economic model.

The nation's leaders openly acknowledged as much in the resolutions adopted by the recent Third Plenum. The one-sided pursuit of GDP growth is unsustainable, the excessive dependence on growth driven by exports and government investment is unsustainable and the current system of urbanization is also unsustainable.

So 2014 should be a year of action to implement the reform plans laid out by the Third Plenum, economists agree. Although it will take time for all of the desired changes to occur within all industries, the real key is the reform of the government's financial leadership and financial services industry. Financial reform is the priority - that's the message China Daily received when it interviewed economists this week.


YES IT HAS COME TO ITS END

AND THE ECONOMISTS THAT WERE PICTURED AND NAMED IN THE REPORT I WOULD SUPPOSE THAT THEY ARE JUST BEGINNING TO GRASP THE REALITY OF THIS AND SUN LIJIAN AT FUDAN UNIVERSITY I ALSO WOULD SUPPOSE HE IS RECKONING THE MAGNITUDE

AND THIS IS NOT AN OPINION.....

....KOFO THE NINJAOA YOUR KING AND RULER



(Opinions of the writer in this blog don't represent those of China Daily.)


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