Thursday, February 25, 2016
Take New Approach to Develop Local Economy
ANBOUND
ANBOUND's research team points out that the "new normal" in economy and the reform of the supply front are the big things that Chinese market should understand and take them seriously as this portends the future trend.
Not only that the Chinese economy is entering into new normal, the approach to the development of economy too should enter into new normal.
In order to boost the local economy, the local government who are used to the old mode should change their approach and tackle the balance sheet issue carefully to reduce both the risk and problems.