“Beijing’s plan calls for opening its financial markets and promoting greater foreign investment. The document also hints at changes in how companies file for stock market listings, the introduction of a bank deposit insurance scheme and an acceleration of interest rate liberalization. The roadmap seeks to roll back government control of state-owned enterprises and allow for greater competition with private firms and reform the country’s hukou system, which affects everything from employment to social benefits. Other initiatives tackle China’s pollution problem, promote social security programs, and call for a relaxation of the one-child policy. The plan also seeks to abolish labor camps.”
http://money.cnn.com/2013/11/18/news/economy/china-reform/
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