By Zhang Liqun　

Date: 2005/03/03

Abstract:　

In 2004, the features of the new round of economic growth were fully brought out with the macro control policy basically shifted from a rapid expansion type to a neutral and steady growth model. In 2005, China’s economy growth is still in an upward trend, but the growth rate might be slightly lower than last year. The main problems are mainly rooted in the flaws in the institution and regulation system. The fundamental way to eradicate the flaws in the institution and regulation system is to push forward the relevant critical reform policies.