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The government has been introducing a string of policies to stabilize the economy and cushion the impact of the global eco-nomic slowdown since October.These policies are generally deemed“timely”and“necessary,”but not a long-term cure for problems in China’s economy.Renowned economist Wu Jinglian says the country must address its“double imbalance”and further reform its economic growth mode.He made his comments at the First Annual Global Management Forum on December 6 in Shanghai.Excerptsf ollow:
The government has been introducing a string of policies to stabilize the economy and cushion the impact of the global eco-nomic slowdown since October. These policies are generally deemed “timely ” and “necessary, ” but not a long-term cure for problems in China’s economy. Renowned economist Wu Jinglian says the country must address its “double imbalance ” and further reform its economic growth mode. He made his comments at the First Annual Global Management Forum on December 6 in Shanghai.Excerptsf ollow :