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The forum will be held in China and France alternately. The second forum will be in Lyons, France.
We need to advance structural reform, in particular that on the supply side. The structural problems facing the Chinese economy are about both the supply and demand sides, especially the supply side. We need to advance structural adjustment through reform, reduce inefficient and low-end supply, and expand effective and medium- to high-end supply. This is conducive to economic transformation as well as growth. A major task for us is to phase out outdated production capacity and address overcapacity, especially in steel, coal and other sectors that face difficulty in operation. Initial progress has been made in recent years, as is shown in the lowering production of raw coal and crude steel, but our efforts must well continue. We will adopt a market-based and rules-based approach and apply strict standards in environmental protection, quality and safety. The biggest challenge is how to address possible layoffs in this process. Businesses need to take multiple measures to ensure that their employees will get reemployed. Both the central and local governments should provide necessary support to take care of the affected employees. Overcapacity is a global challenge. The fact that we have taken the initiative to cut overcapacity demonstrates that China is indeed a responsible country.

Authorities should deepen supply-side structural reform and focus on strategic and industrial needs as well as core technology to inspire innovation, she said.
Ramos said the first message is innovation. In her opinion, the world economy, hit by a low-growth scenario, is still in a "challenging" time though "we have been for eight years, trying everything to re-boost the growth " since the 2008 international financial crisis.
Ravindra Kumar, Editor-in-Chief of The Statesman of India: President of India recently paid a state visit to China. There seems to be much high-level interactions between the two countries. But why hasn't the boundary question been settled?
来源:资阳报