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China aims to transform its economy

Tianjin, People’s Republic of China, Sept 12 (IBNS) With a leadership change playing out and in the midst of implementing its current Five-Year Plan for sustainable and balanced growth and creating an innovative knowledge economy, China may be poised for a fresh round of reforms that are necessary to achieve its long-term development goals.    …

The determination of China’s political leaders to get things done should not be underestimated, Sir Martin Sorrell, Chief Executive Officer of WPP, United Kingdom, advised. “I have great confidence in the political leadership here. State-directed capitalism works. My experience is that the leadership understands the need for change.”  Full article

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