China's Holistic Reform Creating New Synergy for High-quality Growth

China's Holistic Reform Creating New Synergy for High-quality Growth


China has adopted a package of new reform measures for high-quality development as policy-makers set the tone for greater synergy of reform in different areas.
The 10th meeting of the central committee for deepening overall reform decided to enhance synergy, coordination and efficiency in advancing reform and to make institutions in all areas more mature and in better shape.
The meeting demanded efforts to promote the integration and co-existence of advanced manufacturing and modern service industries, two sectors seen as increasingly interwoven in recent years.
Official data showed companies providing services for manufacturers, in particular, engineering design, quality inspection and intellectual property rights maintained robust revenue growth between 2016 and 2018.
The meeting underscored more initiatives to promote high-quality development of trade, with a focus on jointly building the Belt and Road and vigorously optimizing the trade structure.
Source: China Daily

People watch

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