Further reforms to tap potential

The Chinese economy will develop in its new normal in 2015. The market and enterprises will have more opportunities in the coming year. China should ease its control over its financial sector. A healthy capital market can support the Chinese economy's sustainable development in the long run. In 2015, we will lose the demographic dividend. But there will be four sources of new dividends: innovation, overseas investment, the market-based allocation of resources and institutional reform.

Sun Lijian, professor of economics at Shanghai-based Fudan University, Dec 29

In 2015, we will establish a national basic pension system, guarantee social security for farmers who lose their land, and improve the insurance system for critical illness. The national basic pension will rise according to real needs and the social security net will cover more of the population. By the end of 2015, the number of Chinese citizens holding the national social security card will exceed 800 million. Migrant workers doing high-risk jobs, such as construction workers, will also have easier access to work-related injury insurance.