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Thursday, March 17, 2016
ANBOUND: China Still Concentrating Its Economic Resources On SOEs
ANBOUND

Credit Suisse research report shows that China's economic resources are concentrated at the state-owned economy represented by the state-owned enterprises.

ANBOUND's research team points out that considering the reform trend in China, it is not a good thing that the economic resources are concentrated at the state-owned economy.

China should focus on market-oriented reform and place great emphasis on steady economic growth, China should not give up the direction of market-oriented reform.

If there is no reform to this fundamental, structural problem, then the reform of streamlining administration and delegating government powers will not solve the fundamental problems of the country’s economy and China’s economy will lose its long-term prospect of healthy growth.

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