INSUBCONTINENT EXCLUSIVE:
Chinese economists have called for more pro-market reforms to tackle economic imbalances and vicious intra-industry competition, as a new
report has revealed a decline in a major index tracking the country’s marketisation.
In a new assessment from the National Economic
Research Institute, a Beijing-based think tank, China’s overall level of marketisation – measured by five criteria, including
government-market relations – stood at 5.62 out of 10 in 2023, slipping by 0.1 from 2019 and by 0.4 from...
