Friday, February 13, 2015
ANBOUND: Restriction-oriented Economy and Sophisticated Economy under New Normal
ANBOUND
Under the new normal of Chinese economy, ANBOUND think tank scholars agree that the direction of China's growth is likely to swift from expansion-oriented development to restriction-oriented and sophisticated model, which also reflects the change of concepts on development. China’s development is still in the hands of officials at various levels, so the change of their minds is decisive, and proper mechanism of checking carders is also required and helpful. Once the officials have changed their minds and take actions, they will find that the economic development is not heavy-burden as the past situation, there exists large new space.