国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Opinion / Op-Ed Contributors

Impressive statement of intent

By Wang Qinwei (China Daily) Updated: 2013-11-20 06:42

The underwhelming communique released soon after the Third Plenum raised big questions about whether China's leadership had been able to get backing for a meaningful package of reforms. On the basis of the more detailed blueprint published several days later, the answer seems a clear yes. Questions will remain over implementation, but this is probably the most impressive statement of reform intentions seen this century.

Unlike the Plenum communique, the Decisions of the Central Committee on Major Issues Concerning Comprehensively Deepening Reforms released three days later, is clear, wide-ranging, and does not shy away from areas of contention.

Impressive statement of intent 

Yu Zhengsheng (3rd L, front), member of the Standing Committee of the Political Bureau of the Communist Party of China (CPC) Central Committee and chairman of the National Committee of Chinese People's Political Consultative Conference (CPPCC), and Liu Yunshan (3rd R, front), also member of the Standing Committee of the Political Bureau of the CPC Central Committee and secretary of the Secretariat of the CPC Central Committee, attend the third session of the Standing Committee of the 12th National Committee of CPPCC, in Beijing, capital of China, Nov. 18, 2013. [Photo/Xinhua] 

The main document is over 21,000 characters long, ranging across the whole spectrum of economic issues. The central emphasis in the Plenum communique was on granting markets a "decisive" role in the allocation of resources, which could in principle mean a great deal, or very little. The full Decisions document suggests that this could shape up to be a significant shift.

To create a more competitive environment, prices will be more market-determined. A "negative list" approach will be adopted to open up more of the economy to private and foreign firms. There is also a pledge that policymakers will step back from micro-level intervention. Within the financial sector, interest rate and capital account liberalization will continue, while private banks will be allowed for the first time. These steps should significantly improve the ability of private firms to compete with State-owned enterprises.

Fiscal reform is another key area. There is talk of increasing the transparency of the budget, shifting some responsibility for spending from local to central government; monitoring central and local government debt situations more closely, and tax reform. These moves should help rein in risks that have certainly been growing.

Previous Page 1 2 Next Page

New type of urbanization is in the details
...
扶风县| 西安市| 肇州县| 枣强县| 浪卡子县| 普兰县| 广昌县| 手机| 淅川县| 南投市| 铜鼓县| 汉阴县| 望奎县| 大方县| 左权县| 巩义市| 万山特区| 阿城市| 禹州市| 洛川县| 镇江市| 永城市| 金阳县| 博乐市| 化德县| 江山市| 衡山县| 中江县| 白银市| 女性| 锦州市| 浦城县| 荥阳市| 德阳市| 芦山县| 大关县| 高台县| 花莲县| 娱乐| 张家川| 天祝|