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Wednesday, May 25, 2016
Frequent Inspections by High Level Personnel, China Is Eager to Prevent Further Economic Downturn
ANBOUND

In order to understand the actual situation and the issues of local economic development, the central leadership is carrying out local-level inspections at various places.

The research team at ANBOUND Consulting notes that the targets of the field visits cover the difficult hotspot issues such as agriculture and forestry, the slimmer, fitter, centrally administered State-Owned Enterprises (SOEs), the cutting of overcapacity and the allocation of personnel, the torpid growth in private investment and modernization of industries.

On the one hand, this shows the central government's resolve to promote the supply-side structural reform. On the other hand, this reflects the eagerness of the central government to prevent the economy from declining further.

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