Backgrounder: history of China's State-owned enterprise
Another important issue expected to be addressed at the third plenum is China's wealth gap. So how urgent is the need for reforms in this area?
HSBC estimates total fiscal cost on 260 million migrant workers in cities (public housing and children's education) is 6.24 trillion yuan.
Rural land reform is crucial for China's future growth because it can unleash farmers' spending power.
At the upcoming plenary session, fiscal reforms can be expected. Professor Liu shares his views.
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