Income may rise
By Feng Jianmin |
October 11, 2012, Thursday
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Print Edition
Print Edition
INDIVIDUALS in emerging economies, including China, India and Brazil, may enjoy as much as 40-50 percent increase in income by 2030 if economic reforms are properly implemented, the Standard Chartered Bank said in a report yesterday.
Economists recommended China to facilitate interest rate liberalization, boost liquidity of domestic bond market, and add dividend payments by state-owned enterprises into the budget to boost individual wealth.
Economists recommended China to facilitate interest rate liberalization, boost liquidity of domestic bond market, and add dividend payments by state-owned enterprises into the budget to boost individual wealth.
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