“China late on Friday unveiled details of the long-term economic reforms agreed to at this month’s Third Plenum, a key meeting of the country’s top leaders. The 60-point reform plan is seen paving the way for sweeping changes in the world’s second-biggest economy as it tries to steer away from investment-led growth to a consumption-driven economy. Here’s what you need to know about the main reforms. 1) One-child policy relaxed; 2) Welfare-system reformed; 3) Greater rights for farmers; 4) Stepping up financial reforms; 5) State-Owned Enterprises (SOEs).”
http://www.cnbc.com/id/101205322
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