综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

中文USEUROPEAFRICAASIA
China / Opinion

Remaking economy tops new leadership's agenda

(Xinhua) Updated: 2013-03-15 19:44

CHANGES NEEDED

Chinese leaders seem aware of the risks.

The government has for years called for a transformation of the country's development pattern to make its economy more efficient, innovation-driven and reliant on consumption.

While the sheer size of China's economy makes it difficult for any changes to take hold quickly, more concrete moves should be made to facilitate that shift, economists have urged.

A major priority of the new government should be improving the country's scientific and technological prowess to increase productivity and offset rising labor costs, said Wang Tongsan.

Authorities have been stressing the role of innovation to boost efficiency. But the drive faces significant obstacles: an education system that values conformity more than individual innovation, a business environment that lacks protection of intellectual property rights, and a financial system that often fails to support the funding needs of private firms.

Authorities should create a level playing field for businesses, better protect intellectual property rights and reform the education system to cultivate innovation, in the view of Peter Fung, global chair of KPMG's Global China Practice.

The government must further increase spending on education and training so that China's manufacturing sector can move up the value chain, added the NDRC's Zhang.

Since China's rural labor surplus has not been exhausted, reforming the "hukou," or household registration system, should also be a priority to boost China's ongoing urbanization campaign and drive consumption-led growth, according to economists.

The hukou system splits China's 1.3 billion people into rural and non-rural residents, preventing rural migrants to cities from enjoying the same social welfare to which urbanites have access.

To fund public services for migrant workers, the government needs to overhaul its taxation system and social security network, said Ha Jiming, managing director of Goldman Sachs (Asia) investment management division.

State firms should be obligated to pay more dividends into government coffers to address the fiscal demand, he added.

To let the financial system play a better role in tapping the growth potential, the government should improve the efficiency of capital through better credit allocation, according to Kroeber.

All these issues have been acknowledged in a recently released government report that outlines this year's work. But whether and how they will be resolved will rely on the resolution of the leaders.

"The reforms means that the government needs to curtail its own powers. Difficulties will be greater than we can imagine," Zhang said.

Previous Page 1 2 Next Page

Highlights
Hot Topics
...
准格尔旗| 泗洪县| 临武县| 河北区| 寿阳县| 福清市| 浙江省| 高州市| 紫云| 陇南市| 永康市| 康定县| 社会| 衡水市| 寿宁县| 长垣县| 肇州县| 紫阳县| 廉江市| 泸水县| 启东市| 西林县| 朔州市| 遂川县| 吉首市| 美姑县| 娱乐| 湘乡市| 施甸县| 昌平区| 舟山市| 鄂托克前旗| 锦州市| 新疆| 永丰县| 响水县| 永春县| 罗江县| 凌云县| 庆云县| 河间市|