China’s cabinet announced detailed plans on Monday to deepen economic reform, cutting government interventions that hinder robust growth.
It will cancel or delegate power to lower levels for 62 items previously subject to central government administrative approval, after similar approaches removed 71 items last month, according to a statement released after an executive meeting of the State Council chaired by Premier Li Keqiang.
China must launch more concrete reforms to “maintain steady economic growth, control inflation and dissolve risks,” according to the communique from the meeting.
Read Full Article HERE
Zheng Yangpeng via CHINA US Focus http://feedproxy.google.com/~r/ChinaUsFocus/~3/_PHXrN5f6Ns/
No comments:
Post a Comment