2. Deepening reform in major sectors and key links

According to the government work report, China will continue to transform government functions, reform fiscal and tax systems and advance reform in the financial sector. The government will speed up the reform of SOEs and state capital, do more to energize the non-public sector and improve the property rights protection system. Furthermore, the government will make a big push for progress in the social system reform and deepen institutional reform to build a sound ecological environment.

People walk past a construction site in Beijing on November 18, 2013. [Photo/VCG]