Caixin OnlineOpinionEditorial A New Economic Ground Plan
12.26.2012 17:28

A New Economic Ground Plan

Policymakers must move beyond schematic sketches and conceptual models to actually building institutions that will bolster China's economic power

Policymakers wrapped up the Central Economic Work Conference on December 16, pledging to take both short- and long-term measures to ensure stable growth in the future. They also reiterated a pledge to continue socialist market reforms with an approach that will demand even greater political courage and wisdom. Importantly, the leadership promised – for the first time – clearly-stated plans and a road map for each area of reform.

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