USEUROPEAFRICAASIA 中文双语Français
Home / China

Institution building core task for economic health

By Zheng Yangpeng | China Daily | Updated: 2016-04-06 09:10

Capital market build-up requires myriad players

Editor's Note: China is pushing supply-side reform to boost growth to cope with the economic downturn and further release the country's growth potential. In this Policy Review page, Paul Sheard, chief global economist of rating agency Standard & Poor's, talked to China Daily about how China can build up its financial institutions to help revitalize the economy and handle the challenges facing the world's second-largest economy.

The argument that demand-side management, like monetary easing and fiscal stimulus, cannot pull economies out of their woes has been commonly heard in the United States and Europe, and also here in China, where it has given rise to the government's push for supply-side reform.

Institution building core task for economic health

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US