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Thursday, December 11, 2014
ANBOUND: Central-Local Relation is Hardening Under the "New Normal"
ANBOUND

The "New Normal" of China's economy proposed by President Xi Jinping actually is not a static description to the current development phase, but also a dynamic strategic concept to guide China’s future. In terms of its influence, ANBOUND research team focuses on the dynamics of central-local relationship. The “New Normal” means that China’s development environment will be substantially different. Due to the great inertia of economic tendency, the central-local contradiction is deepening nevertheless the central government has set up an unprecedented authority relies on anti-corruption. The central-local relationship now is hit by an embarrassing “hardening”.

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