More and less at year-end

Other Views

Further reforms to tap potential

The Chinese economy will develop in its new normal in 2015. The market and enterprises will have more opportunities in the coming year. China should ease its control over its financial sector. A healthy capital market can support the Chinese economy's sustainable development in the long run. In 2015, we will lose the demographic dividend. But there will be four sources of new dividends: innovation, overseas investment, the market-based allocation of resources and institutional reform.

Sun Lijian, professor of economics at Shanghai-based Fudan University, Dec 29

In 2015, we will establish a national basic pension system, guarantee social security for farmers who lose their land, and improve the insurance system for critical illness. The national basic pension will rise according to real needs and the social security net will cover more of the population. By the end of 2015, the number of Chinese citizens holding the national social security card will exceed 800 million. Migrant workers doing high-risk jobs, such as construction workers, will also have easier access to work-related injury insurance.

Yin Weimin, minister of human resources and social security, Dec 25

Definitely the pressure on officials to behave themselves and remain clean will persist in 2015. It will be increasingly difficult for corrupt officials to hide and seek illegal profits from their power. After so many "tigers" have been hunted, China will continuously improve its anti-corruption institutions, making transparency and honesty the new normal for the exercise of power.

Go Bo, professor in anti-corruption studies at the Chinese Academy of Social Sciences, Dec 30

The Silk Road Economic Belt and 21st Century Maritime Silk Road initiatives, Beijing-Tianjin-Hebei regional integration development project, and the Yangtze River Economic Belt project will be priorities for our work in 2015.

Yang Chuantang, minister of transport, Dec 30

 

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