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Economic reforms dot policy agenda of two sessions

Updated: Mar 3,2015 5:42 PM

On the economics front, there are several policy moves that we are eyeing. Investors are expecting administrative regulations to be further scaled down.

Reforming the country’s tax structure and powerful State Owned Enterprises are on the agenda as well. We also have pension reforms on the forefront, a move aimed at strengthening China’s social safety net and bringing that safety net more in balance between civil servants and private enterprises’ employees. There is also a strong focus on entrepreneurship and innovation. Small and medium-sized companies make up the bulk of all firms in this country ... and policymakers have set-up a dedicated state level venture capital platform to encourage the start-up culture.