China has vigorously pushed reform and economic restructuring despite pressures on its economy, Premier Li Keqiang said at a forum in Tianjin on Wednesday, pledging continued efforts to remake the economy.
Mixed-ownership reform is not a panacea to the problems of State-owned enterprises (SOE) and the key to SOE reform is to allow SOEs to operate as market entities with minimum interference from the government, two SOE executives said at the Summer Davos Forum in Tianjin on Wednesday.
The recovery of the world economy remains fragile at large, economists said on Wednesday at the eighth Annual Meeting of the New Champions in Tianjin, cautioning against potential risks arising from a retreat from the unconventional monetary policies that helped put the global economic recovery back on track.
The recent antitrust investigations in China do not target any specific company but aim to provide a fair business environment, Premier Li Keqiang said Tuesday in a gesture to appease concerns over the fairness of recent probes in China.
The World Economic Forum’s eighth Annual Meeting of the New Champions, or the 2014 Tianjin Summer Davos Forum, will be held Wednesday through Friday, with the focus on the Chinese economy. This year’s forum is expected to draw a record number of attendees who will share valuable comments and insights on the country’s reform-bound economy.