International Finance

Tag : Third Plenum

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Market reforms enter new era

By Nakao, Takehiko 7th April 2014 With the introduction of reform and opening-up in 1978 and its deepening since 1993, the People’s Republic of China has been successfully accelerating its economic development. Over the past 35 years, China has imported know-how and reaped productivity gains by shifting underemployed workers in agriculture to export-oriented manufacturing, to...