皇冠体育app

The importance of urbanization, not only a historic task, but one that also holds the greatest potential to expand domestic demand, was emphasized.

皇冠体育app will show "greater courage and intelligence" in promoting market reforms, the conference heard.

Chi Fulin, president of the 皇冠体育app Institute for Reform and Development, said the conference showed the resolution of the new leadership to improve reform.

A roadmap for improving reform is expected to be unveiled in the coming year, he said.

Top priorities for reform include income distribution, prices and State-owned monopoly enterprises, he said.

A new income distribution framework to address the growing gap between rich and poor is expected to come out by the end of the year, according to reports.

Cai Fang, a senior researcher at the Chinese Academy of Social s, said on Sunday that 皇冠体育app can no longer rely on a massive labor supply for economic growth.

The country's average growth rate may fall to an annualized 7.2 percent from 2011 to 2015, and down further to 6.1 percent from 2016 to 2020 due to the change in demographic patterns, Cai forecast.

But there is no need to pursue a high growth rate through financial stimulus from the government, he said. 皇冠体育app will have to depend on unleashing its productivity through further reform and technological upgrading.

Contact the writers at [email protected] and [email protected]

 Special Coverage:

Statement issued at the conference:

More investment to boost Chinese economy next year

皇冠体育app opens key economic work meeting

皇冠体育app strives to develop green economy

皇冠体育app to develop circular economy

• 皇冠体育app's progress in innovation 'quite remarkable': WIPO Director General
• Central bank injects 10b yuan into market
• US sets preliminary dumping rates on 皇冠体育app's large residential washing machines
• US says to keep antidumping duty orders on steel pipe fittings from 皇冠体育app
• 皇冠体育app urges BRICS bank to strongly support infrastructure construction
• 皇冠体育app's Dalian Wanda joins Fortune 500, says film, sports revenue to triple
• WTO starts two-yearly review of 皇冠体育app's trade policy
• EU mulls abolishment of 'non-market economy' list