Structural reform on the supply side and the macro adjustment to the demand-side can be done at the same time.
While we must push forward with reforms continuously, whenever there are econom
That’s what developed countries and market-economy countries have done to stabilize their economies over the years.
We can’t hold back some necessary adjustment me
When we discuss reforms, don’t forget that if the reform isn’t rolled out amid a stable develop
Huang Yiping, deputy dean of the National School of Development of Peking University
Small- and medium-sized enterprises have been squeezed out of the formal financing market, pushing up interest rates on informal financing.
Interest rate liberalization is crucial for the financial system to support the private eco
It is necessary to regulate the informal financial sector, but not eliminate it. Shadow b
Wang Yiming, deputy director of the Development Research Center of the State Council
We are still a developing country, with capital stock and per capita stock much lower than