“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
Related posts:
NY governor sends ICE cease-and-desist letter, calls arrests ‘illegal’
CBO: Health-Law Tax to Hit 50% More Than Estimated
U.S. lets South Korea expand missile range to cover North
Richmond County Sheriff's Investigators Raid Wrong House, Hold Family At Gunpoint
Feds searching passenger cell phones at San Francisco airport
Venezuelans blocked from taking flights out by capital controls
Glenn Greenwald Tears Into Toobin Over Manning, Snowden
As China Dumps Treasuries, World Sees No Better Place for Refuge
Trump signs order giving police greater authority, citing phantom "rising crime"
Officer named in lawsuit for knocking teen off mini-bike when off-duty
Hollywood filmmakers engage in ‘artistic surrender’ to keep markets in China open
Rome police bust massive marijuana plantation under Bank of Italy
CIA chiefs face arrest over horrific evidence of bloody 'video-game' sorties by drone pilots
Vodafone reveals existence of secret surveillance wires
Winklevoss twins: Bitcoins better than gold