China’s Economic Work Conference on the wires from a state radio broadcast

  • economy faces downward pressure
  • global economy faces uncertainties in 2014
  • will deepen reforms on all fronts
  • keep reasonable GDP growth
  • keep prudent monetary policy and pro-active fiscal policy
  • reasonable growth in credit and social financing
  • persue interest rate liberalization
  • push forward yuan reform
  • continue to resolve over-capacity problems
  • control local govt debt
  • simplify procedures for outbound investment

A re-iteration of the Thid Plenum reforms with a dash of caution thrown in for good measure