China’s reform will undergo profound and complex changes in the next few years within the context created by both the internal and external environment. irstly, reform will be conducted in parallel with economic and social transformation and transformation of government functions. Whether the latter could be successful depends upon the former. Secondly, greater conflicts will emerge in the tribution of benefits and the efforts to solve this problem are crucial to ensuring overall national stability. Thirdly, given the risks that will inevitably exist during the reform, it is vital to work out the reform plan, road map and timetable as soon as possible in order to obtain substantial breakthroughs.
Preface
Introduction: Transformation and Reform after the CPC 18TH
National Congress
Chapter Ⅰ: Transformation and Reform to
Become a Consumption-Led Country
Section Ⅰ Expanding Domestic Demand and Driving Consumption
Will Provide the Largest Opportunity for China
Ⅰ. The world economy has entered a period of profound adjustment and transformation
Ⅱ. Imbalance between investment and consumption has emerged as a significant conflict
Ⅲ. China's social consumption structure is now experiencing a historic change from life necessities to durable consumer goods
Section II Support Medium-Paced Growth in the Following Decade Through Consumption
Ⅰ. Consumption supports economic growth
Ⅱ. How big will the consumption potential be in the following ten years?
Ⅲ. Release of the consumption demand will determine fair and sustainable development to a large extent
Section III Establish the Strategic Objectives of Consumption Domination
Section IV Realize a Dynamic Balance Between Investment and Consumption
Ⅰ. Consumption demand can create a huge investment
Ⅱ. Change the investment structure
III.Optimize investment sources
Section V Strategic Adjustment of State-Owned Capital Focusing on Public Welfare
Ⅰ. Requirement for allocation of State-owned capital to public welfare sectors created by changes in public demand in the entire society
II.Set the objective to lift the general welfare level for State-owned capital
Ⅲ. Gradually shift the center of gravity of State-owned capital to public goods sectors
Ⅳ. Decree laws and regulations concerning State-owned enterprises' payment of resource rents and profit distribution as soon as possible
Chapter Ⅱ: Transition and Reform of Population Urbanization
Section I Urbanization Is a Major Strategy
Ⅰ. The Historic Role of Urbanization
Ⅱ. China's urbanization is still on the road of rapid development
III.Urbanization has the greatest potential for stimulating domestic demand
Section II Transition of Scale Urbanization to Population Urbanization
Ⅰ. The nature of new urbanization is population urbanization
……
Chapter Ⅲ: Transition and Reform Creating Middle Income Group of 600 Million People
Chapter Ⅳ: Market-oriented Transformation and Reform
Chapter Ⅴ: Government Transition and Reform with a Focus on Optimizing Power Structures
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