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Comments on China's central economic work conference

(chinadaily.com.cn)
Updated: 2008-12-08 20:45

 

Zhang Xiaojing, economist, Chinese Academy of Social Sciences

To address the current downturn, the government should lower the entry barriers for private businesses in the financial and telecom sectors. Such a step would unleash pent-up investment enthusiasm and also increase economic efficiency. Besides, if the government continues to dominate the projects in the $586 billion stimulus package, the financial risk could be very high.

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