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Wednesday, May 24, 2017
Considering the central government's intention to create reform pilots throughout the country
ANBOUND

Recently, President Xi Jinping delivered an important speech that had a significant impact on the market. He emphasized the need to seriously plan to get a firm grasp on all reform pilots and to increase practices that can be replicated and popularised in order to bring about a change on the surface. Regarding this, we at Anbound Think Tank are of the opinion that all the past dividends from institutional reforms have almost been completely exhausted, and China now needs to implement new reforms urgently in order to create new dividends that can cope with the problems that come with increasing wealth and interest groups, as well as rapid urbanisation and industrialisation. For one, we need to Pay attention to reform in the foreign investment industry. Secondly, we need to establish monitoring and early warning mechanisms of resources and the environment. Thirdly, we need to increase personal income as well as set up property assessment information systems. Lastly, we need to officially set up a public interest litigation system as soon as possible.

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