China undertakes financial reform to achieve sustainable growth

Regulatory reform across China’s debt capital markets is set to support GDP growth.

“We need to shift the focus to improve the quality and returns of economic growth, to promote sustained and healthy economic development, and to pursue genuine rather than inflated GDP growth and achieve high-quality, efficient, and sustainable development,” wrote president Xi Jinping, in an article for Qiushi, a government journal, eight years into his tenure.

¬ Haymarket Media Limited. All rights reserved.

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