By expanding the FTZs to inland and less-developed provinces, where the level of local governance has lagged behind the prosperous coastal region, it could propel the deepening of regulatory reform in these regions, thus providing new sources for growth.
To bring development of the real estate industry back on the right track, the government has to stop flip-flopping between restrictions and laxity, and move away from short-term goals
China is not fully utilizing its sports facilities, which are already fewer in number than those of other countries, relative to China’s huge population.
China is not trying to export its political system, but to offer alternative or complementary solutions to various problems the world is facing
The central government appears to be determined to reconfigure the economy by forcing businesses in industries with extreme overcapacity to shut down or merge.
Under the current legal framework, only the property rights of the State, not individual citizens, are seen as sacred.