Reforms still needed
Source: Xinhua |
November 13, 2010, Saturday
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Print Edition
Print Edition
CHINA will grow at an annual average rate of 8 percent for many years to come, but the country needs to carry out broad structural reforms to ensure that prosperity is shared by all, a leading Chinese investment official said yesterday.
"China's growth strategy will be important for both the country and the rest of the world," Jin Liqun, chairman of the Board of Supervisors of China Investment Corp, said at the Asian Development Bank's Eminent Speakers' Forum.
Jin said reforms which will help unlock the economy's full potential include greater focus on technology and quality in production, a higher skilled labor force, increased support for private sector development, and improved infrastructure.
"China's growth strategy will be important for both the country and the rest of the world," Jin Liqun, chairman of the Board of Supervisors of China Investment Corp, said at the Asian Development Bank's Eminent Speakers' Forum.
Jin said reforms which will help unlock the economy's full potential include greater focus on technology and quality in production, a higher skilled labor force, increased support for private sector development, and improved infrastructure.
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