Editorial: Boosting China’s Growth Requires Addressing Fundamental Problems
China plans to boost economic growth this year are moving ahead at full force. Several provinces organized economic mobilization meetings and many local authorities have issued policy packages concerning projects, consumption, foreign capital and the business environment. The situation is pressing. In a downward stage of cyclical development, China’s economy is facing its worst period of growth of the past three decades, partially due to the severe impact of Covid on market entities. While Covid policies are optimized, it is essential to boost economic growth.
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