Five roadblocks on the way to a well-off society
What is the most important task for China to build a well-off society in an all around way in the next five years? The answer is overcoming the roadblocks. Agriculture, lack of innovation, low consumption rate, an immature service sector and unsatisfactory environmental protection are current weaknesses of the Chinese economy.
Since the shortcomings have accumulated over the years due to complicated reasons, they are not easy to overcome.
The key to building a well-off society is to increase farmers' income, and address the issues of agriculture, farmers and rural areas. Policies such as removal of agricultural taxes that had a history of more than 3,000 years, raising the purchase prices of grains, and increasing various subsidies have already been implemented.