Reform to refresh miracle

THE CENTRAL GOVERNMENT IS USING ADDITIONAL money, in direct investment projects and in credit, to boost the economy's short-term growth, after some latest data showed weakening signs.

People are watching the world's second-largest economy closely as its leaders will soon convene for their annual economic work conference to chart its growth in 2015.

Analysts share a few basic observations: That China's economy can no longer grow as it did in the past three decades, that it will see a lower-than-average growth rate in 2014 and likely an even lower rate in 2015, and that many of the reform plans have yet to be fulfilled one year after they were made at the Third Plenum, a key meeting of the Party's Central Committee in 2013.