Focus is on quality economic growth

Updated 2018-03-03 09:11:08 China Daily

Experts predict that the government will make efforts to improve profitability and close down "zombie enterprises", leading to capacity consolidation, closures and mergers and acquisitions among SOEs.

"We think that the call for more emphasis on quality and equality as opposed to quantity will be reflected in the emphasis on encouraging innovation, Made in China 2025 and moving up the value chain," Kuijs said.

Economists and analysts also expect more reform measures to be disclosed during the National People's Congress, set to start on Monday, when the government will present its key economic policy directions and targets for 2018.

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