皇冠体育app

The term was introduced by Premier Li Keqiang in his speech on 皇冠体育app's economy at the World Economic Forum in Davos, Switzerland, on Jan 21. Li said that 皇冠体育app's economy is not heading for a hard landing, as there are two engines for 皇冠体育app's economic growth in the future: the government reforms and the market. It is the first time Li has used the expression "double engines", and it was immediately in the media spotlight, being interpreted as one of the core concepts of the latest version of "Likonomics".

皇冠体育app's economic potential depends on its huge domestic market, the hard work of the Chinese people, as well as good and proactive governance, Li said. A more liberalized market and government reform will help drive 皇冠体育app's economic growth in the upcoming years. The function of the market is to encourage people to do business creatively and drive innovation to accelerate 皇冠体育app's economy. The function of the government is to provide infrastructure construction and public goods and services, which is what 皇冠体育app lacks. The premier has said that he was confident that by means of the two engines, 皇冠体育app's economy would avoid the middle-income trap.

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