As it enters into 2016, China has entered into a critical and complex year.

ANBOUND's scholars are of the view that it usually takes a long time to enjoy the reform bonus and it might not necessarily resolve the short-term problems immediately.

However, if we are serious about resolving problems, we should not be caught by the various short-term problems but rather we should focus on the reform problems.

What China’s market really need is to completely straighten the relationship between the government and the market and to propel the real market-oriented reform.