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Comments on China's central economic work conference
(chinadaily.com.cn)
Updated: 2008-12-08 20:45

 

Comments on China's central economic work conference

Zhang Xiaojing, economist, Chinese Academy of Social Sciences

To address the current downturn, the government should lower the entry barriers for private businesses in the financial and telecom sectors. Such a step would unleash pent-up investment enthusiasm and also increase economic efficiency. Besides, if the government continues to dominate the projects in the $586 billion stimulus package, the financial risk could be very high.


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