Market-driven economy targeted
Chinese leaders should rethink the country's reform package amid changing global and domestic situations and take "quicker and radical" steps to move toward a market-oriented economy by 2020, said a senior political advisor.
The reform measures should speed up urbanization, break down industry monopolies by the State, deregulate energy, offer equal social welfare for both rural residents and urbanities, and improve the government's efficiency.
"Our top leaders should take quicker and radical measures in these endeavors within the coming two or three years. By doing so, China can do a better job in post-crisis management as well," Chi Fulin, president of the China (Hainan) Reform and Development Research Institute told China Daily in an exclusive interview.