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