Home
News
In Focus
Business
Metro
Nation
World
Sports
Feature
Opinion
View more »Opinion Columns
Wan LixinOpinion deputy editor of Shanghai Daily
Restaurants get off to a quick start thanks to game-changing policies
High service charges on event ticket refunds call for further regulation
Sunday
- Subscribe
Rising quality amid easing growth
Print Edition
CHINA’S economic growth is set to ease to 6.5 percent this year and 6.3 percent in 2018 but there is likely to be an improvement in growth quality with the deepening of supply-side reform, said a report released by the Shanghai Academy of Social Sciences yesterday.
“China is balancing between a stable growth and uncertainties created by efforts on reducing asset bubbles,” said Quan Heng, an economist at the academy. “With the progress in supply-side reform, China will rely increasingly on technological advancement to drive the growth, realizing more efficient resource allocation and nurturing better growth quality.”
China pressed ahead with reforms on the supply side at the end of 2015 as the country hopes to resolve economic structural problems and foster new growth drivers. Last year, it focused on curtailing excess production capacity and restructuring industries to make them more profitable.
According to the Central Economic Work Conference held last month, China will deepen supply-side reform this year, expanding reform measures to more areas, including overhauling the supply-side of agriculture, reviving the real economy and stabilizing the property sector.
The report saw a modest recovery in the world economy this year, while emerging markets may be more stable.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 沪ICP证：沪ICP备05050403号-1
- |
- 互联网新闻信息服务许可证：31120180004
- |
- 网络视听许可证：0909346
- |
- 广播电视节目制作许可证：沪字第354号
- |
- 增值电信业务经营许可证：沪B2-20120012
Copyright © 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
