China needs supply-side reforms

Article Abstract:

China should refocus its economic policy on private enterprises because these businesses will serve as the engine of China's continued economic growth. Despite the significant growth of private business enterprises in China, little support has been given its way by the government. This can be attributed to the country's ideology and political will. Under the old command economy, the state economy and the government were the same entity. However, in a private economy, China should help the private sector through financing and upgrading of state banks in terms of credit analysis.

China, Administration of General Economic Programs, International economic relations, Intnl Economic Policy, Evaluation, Economic aspects, Economic policy, Supply-side economics

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Wealth gap has emerged

Article Abstract:

An increasing number of farmers in Chinas has started to move in key metropolitan areas in an effort to earn a decent source of living. The problem reflects the decade-old problem of income inequality, which has plagued the country since the communist era. The Chinese government has issued orders to city officials to refuse providing education, welfare and other social benefits to farmers to discourage them from coming to the city.

Social aspects, Income distribution, Farmers

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