Short-term changes pave way for long-term reform

With statisticians reporting good news about many aspects of the Chinese economy, one can be almost certain it will encounter fewer storms than last year.

Industry, as a whole, saw total profit increase in January and February: The first time since June.

Also in January and February, investment in fixed assets, that in new factories and new houses, saw the first increase in 12 months, up 10.2 percent from the same period last year.