国产av不卡一区二区_欧美xxxx做受欧美_成年人看的毛片_亚洲第一天堂在线观看_亚洲午夜精品久久久中文影院av_8x8ⅹ国产精品一区二区二区_久久精品国产sm调教网站演员_亚洲av综合色区无码一二三区_成人免费激情视频_国产九九九视频

Plenum: Not a paper tiger

Updated: 2013-11-18 06:35

By Richard Harris(HK Edition)

  Print Mail Large Medium  Small

Many observers have superficially dismissed the outcome of the Third Plenary Session as vague, dull, with no new bold statements or changes offered. I beg to differ. The session intends to reform the institutions of an entire country. It will take more than a four-day offsite to drive reform in China - the most populous country in the world. It was never the case that execution would be started on Nov 12; more likely December or January 2014 before flesh would be put on the bones.

The session's communique shows that the policy mix of Lionomics is still an unstoppable force. Premier Li Keqiang had already announced reform of government and State-owned institutions, relaxation of controls over the economy to allow the ingress of market forces and rebalancing of society to close the wealth gap and reduce opportunities for corruption. That the Third Plenary Session confirmed these objectives should be applauded as a mark of determination rather than a recital of high-sounding words.

It is true that analysts have been disappointed by the stalling of the Shanghai Free Trade Zone, where progress after initial announcements has been glacial. In a free trade zone (FTZ), petty local jealousies rise to the surface, of the kind often spoken about in Hong Kong - "Why does it receive a 'favored treatment'?" Strangely, it might be harder to develop a FTZ than to reform a country's institutions. This should not color our analysis of the session.

Two key elements of the plenary session were mold-breaking. The creation of two high-level, cross-department, coordinating committees - one on security and one on reform, was a major institutional change. It is not as if China needs more security agencies. This one increases the influence of the president, premier and the reformers, and is a vital element on the path to reform - which is the function of the second new major committee.

Plenum: Not a paper tiger

China is not a dictatorship and the power to influence change throughout the country is highly devolved. Consensus is the Chinese way. The country is too large and modern for old-fashioned dikat and local governments have to be persuaded, not directed. The top leadership is too far away to keep a constant eye on them. Central agencies, State-owned enterprises (SOEs) and local governments have to be motivated and incentivized to move in the same direction. Until now, many incentives have encouraged local government divergence, as localized interests have swung policies away from the feudal vision.

It is true that the devil is in the detail - or in this case, execution. But the very establishment of the two new committees makes it more likely that the leadership will be able to influence policy throughout government and start executing their vision.

The other element was in the role of market forces (which was mentioned 22 times in the communique) in playing a "decisive role in the allocation of resources". Wake up everybody, this is a major announcement by the Communist Party of China in the full glare of publicity. The plenary session has made the leadership highly accountable to the execution of what many observers had dismissed as "high-sounding words".

It is true that the leadership will have to concentrate on the "low-hanging fruit" and not on all 12 key topics mentioned in the communique: market forces, prospering firms, land reform, exchange and interest rates, competitive banking, taxation reform, local government financing, the environment, relaxation of approvals, universal social security, urbanization and hukou reform, and cultural development. Something will be left by the wayside. But this leadership seems determined to reform the basics.

Plenum: Not a paper tiger

Premier Li said at a meeting of the State Council that the government had to fulfill its reform promise, including relaxing pricing for resources, improving air quality and setting up more FTZs. This is a statement of intent, something that politicians usually seek to avoid for fear of becoming a hostage to fortune.

Many observers said that State-owned enterprises had scored a goal against reform; yet to be realistic, SOEs are not going to go away. They control the commanding heights of economy and are very powerful institutions. Those at higher levels of such organizations are currently having a good time and they will fight tooth and nail to preserve their status quo, and income levels. But it is clear that they are to have their wings clipped, which will increase economic supply side efficiency and reduce opportunities for corruption. Less government intrusion and more private enterprises are further defining the mantra "socialism with Chinese characteristics'.

We should think of the Third Plenary Session as an important stepping stone; quoting Deng Xiaoping when he talked about "crossing the river by feeling the stones". The communique fits nicely into Lionomics. It may sound similar to previously announced measures but the political instruments are now in place to start making Lionomics happen.

Almost all parties agreed that we can't stand still. This is perhaps the last chance for real reform before vested interests make it too difficult to do so. For China's sake, the reformers need to win this battle as economic growth slows and debt headwinds blow.

The author is chief executive of Port Shelter Investment Management.

(HK Edition 11/18/2013 page9)

国内成人免费视频| 亚洲电影欧美电影有声小说| 亚洲妇熟xxxx妇色黄| 99久久国产综合精品成人影院| 久久婷婷国产综合国色天香| 亚洲欧洲美洲在线综合| 91佛爷在线| 最新国产一区二区| 91片黄在线观看| 伊人久久久久久久久久久| 国产午夜电影| 先锋影音国产精品| 中文字幕一区二区三区乱码在线| 精品国产一区二区在线| 日韩成人黄色| 欧美久久成人| 色哟哟一区二区| 最新福利小视频在线播放| 岛国精品在线| 91丨porny丨国产| 欧美激情va永久在线播放| 一级毛片视频在线| 在线一区欧美| 日韩精品专区在线| 色视频在线播放| 一区二区影院| 欧美日韩国产另类一区| xxxxx国产| 日韩av免费大片| 色噜噜夜夜夜综合网| 成年人网站在线免费观看| 国产色噜噜噜91在线精品| 亚洲人妖av一区二区| 欧美乱大交xxxxx另类| 亚洲成人a级片| 亚洲欧美视频一区| 国产中文伊人| 日韩高清在线免费观看| 亚洲成人av电影在线| 美女网站免费看| 欧美日韩国产高清电影| 欧美色图免费看| 国产igao激情在线入口| 欧美日韩视频| 亚洲国产精品yw在线观看| 国产爆初菊在线观看免费视频网站 | 国产一区二区三区黄网站| 国产精品亲子伦对白| 欧美最猛黑人xxxxwww| 精品999日本久久久影院| 亚洲你懂的在线视频| 日本三级视频网站| 欧美精品乱码| 51午夜精品国产| 国产资源在线看| 久热成人在线视频| 久久久久久久一区二区三区| 91精品国产66| 一区二区三区四区蜜桃| 很黄很色网站| 中文字幕一区二区三区乱码图片 | 草草视频在线| 中文字幕一区视频| 美国av免费观看| 日韩一级在线| 久久精品视频亚洲| 3d性欧美动漫精品xxxx软件| 亚洲乱码国产乱码精品精可以看| 中文字幕高清20页| 巨乳诱惑日韩免费av| 欧美日本黄视频| 视频二区欧美| 欧美视频一区二区三区| 成人高清在线| av中文字幕不卡| 国产精品bbw一区二区三区| 999成人精品视频线3| 亚洲午夜小视频| 国产欧美自拍| 色哟哟国产精品免费观看| 国产区视频在线播放| 91色综合久久久久婷婷| 黄色网址网站| 日韩高清国产一区在线| 亚洲依依成人| sdde在线播放一区二区| 亚洲香蕉成人av网站在线观看| 懂色aⅴ精品一区二区三区| 色综合久久久网| 男人天堂手机在线| 国产精品福利一区| 午夜免费性福利| 成人激情小说网站| xvideos入口| 麻豆91在线观看| 国产一区亚洲二区| 一区二区国产精品| 影音先锋在线中文字幕| 欧美freesex交免费视频| 久久99热精品这里久久精品| 西瓜成人精品人成网站| 国产一区二区三区在线观看视频| 日本wwwwwwwzzzzz视频| 国产三区在线观看| 91麻豆精品| 5月丁香婷婷综合| 欧美人体视频xxxxx| 亚洲国产美国国产综合一区二区| 青草久久伊人| 自拍偷拍亚洲综合| 国产1区2区3区在线| 亚洲人成影院在线观看| 久草视频在线看| 亚洲理论在线观看| 国产激情在线| 一本色道**综合亚洲精品蜜桃冫| 在线观看的网站你懂的| 色婷婷狠狠综合| 自拍网站在线观看| 欧美一区二区三区思思人| 另类中文字幕国产精品| 亚洲第一在线视频| 国产伦乱精品| 欧美噜噜久久久xxx| 欧美激情国产在线| 欧美亚洲国产视频小说| 另类图片国产| 日本成片免费高清| 岛国av在线一区| 中文字幕网站视频在线| 一区二区日韩av| 大桥未久在线视频| 亚洲精品一区二区三区福利| 欧美一区 二区| 国语自产精品视频在线看抢先版图片| 欧美色123| 轻轻草在线视频| 91麻豆高清视频| 可以在线观看的av| 色综合久久精品| 精品国产一区二区三区性色av| 最近2019中文免费高清视频观看www99| 99re6这里只有精品| 国产成人福利短视频app| 不卡一区二区中文字幕| wwwww在线观看免费视频| 欧美性色aⅴ视频一区日韩精品| 国产一区一区| 久久久最新网址| 日韩黄色小视频| 免费看成人a| 欧美日韩精品在线| 亚洲精品一区av| 欧美激情伊人电影| 久久尤物电影视频在线观看| 色偷偷av男人的天堂| 亚洲精品韩国| 新版中文字幕在线资源| 欧美videos中文字幕| 亚洲国产1区| 国产九九在线| 日韩精品一区二区三区三区免费| 色播一区二区| 91精品国产高清久久久久久91| 久久精品导航| 性生大片免费观看性| 亚洲最新视频在线观看| 亚洲精品国产精品国产| 亚洲人av在线影院| 欧美性色综合| 色偷偷7777www人| 亚洲婷婷国产精品电影人久久| 免费不卡av| 亚洲日韩欧美视频| 一区久久精品| av免费高清观看| 午夜亚洲福利老司机| 日韩三级在线| 天天色天天射天天干| 日韩欧美在线中文字幕| 精品av一区二区| 男女午夜刺激视频| 7777女厕盗摄久久久| 91超碰成人| 日本福利视频| av网址在线| 日本一区二区三区在线不卡| 国产中文在线播放| 久久久久久成人| 2021久久国产精品不只是精品| 天堂中文在线播放| 97人人做人人爱| 国产亚洲一区二区三区在线观看 | 亚洲精品久久久久久下一站| 日韩精品午夜视频| 91小视频xxxx网站在线| 最新国产麻豆精品| 97久久精品人人做人人爽50路 | 欧美日韩精品| 好操啊在线观看免费视频| 78色国产精品| 色综合网站在线| 免费亚洲一区| 日韩中文影院| 成人www视频网站免费观看| 日韩精品免费在线视频| 韩国一区二区三区| 欧美色片在线观看| 在线播放黄网| 欧美一区二区在线看| 精品在线你懂的| 日韩在线你懂得| 成人女性文胸| 亚洲欧美国产日韩中文字幕| 91丝袜美腿高跟国产极品老师 | 亚洲午夜久久久久| 中文字幕免费一区二区| 免费a级毛片在线播放| 一区二区三区在线|网站| 欧美日韩在线免费| 老司机精品福利视频| 亚州一区二区三区| 成人18免费| 日韩中文字幕视频| 亚洲男人天堂av网| 最新日韩av| 四虎影视4hu4虎成人| 成人天堂入口网站| 久久精品国产免费观看| 亚洲人成7777| 中文国产一区| 日韩久久99| 日韩写真在线| 亚洲成年人电影在线观看| 欧洲视频一区二区| 成人综合激情网| 精品国产乱码| 日韩av激情| 猫咪av在线| 久久99视频免费| 色噜噜偷拍精品综合在线| 经典三级在线一区| 欧美激情在线精品一区二区三区| 日韩色av导航| 国产成人午夜高潮毛片| 国内自拍欧美| 毛片免费不卡| 凹凸日日摸日日碰夜夜| 日韩中文字幕在线视频播放| 婷婷成人激情在线网| 毛片av一区二区| 国产精品免费99久久久| a黄色片在线观看| 欧美狂欢多p性派对| 久久久久久国产精品美女| 91精品午夜视频| 日本一区二区视频在线观看| 久久精品官网| 日韩电影不卡一区| 美女网站在线看| 在线成人动漫| 免费黄网大全| 97精品一区二区三区| 精品久久久久久久久久久久久久久 | 久久久久久亚洲精品中文字幕| 3d成人h动漫网站入口| 国产精品乱子久久久久| 美洲天堂一区二卡三卡四卡视频| 日韩精品导航| 免费成人直播| 91吃瓜网在线观看| 天天色天天操天天做| 中文字幕乱在线伦视频中文字幕乱码在线| 精品国产一区二区在线观看| 五月婷婷久久丁香| 91麻豆123| 精品亚洲国产成人av制服丝袜| 91精品啪在线观看国产18| 欧美高清一级片| 免费男女羞羞的视频网站在线观看| 中文字幕一二三区在线观看| 外卖gayxxxxgay1| 久草在线免费资源| 久久这里只有精品99| 日韩欧美一区二区免费| 色婷婷激情综合| 中文字幕视频一区| 99久久免费视频.com| 日韩电影在线看| 亚洲午夜黄色| 成人a'v在线播放| 亚洲精品在线国产| 精品成人av| 午夜激情在线播放| 91高清在线观看视频| 国产精品免费观看| 国产一级黄色电影| 18毛片免费看| 外卖gayxxxxgay1| 精品国产福利一区二区在线| 91精品国产99| 久久免费视频网站| 草民午夜欧美限制a级福利片| 国产香蕉精品视频一区二区三区| 日韩一区二区三区在线视频| 欧美午夜精品免费| 在线影院国内精品| 色综合天天综合色综合av| 亚洲v精品v日韩v欧美v专区| 亚洲色图欧美偷拍| 国产精品欧美久久久久一区二区 | 国产成人免费在线视频| 精久久久久久久久久久| 国产一区二区三区久久悠悠色av| 蜜臀av性久久久久蜜臀aⅴ | 久久婷婷国产综合精品青草| 久久理论电影网| 久久久蜜臀国产一区二区| 久久久91精品国产一区二区精品| 91蜜桃免费观看视频| www国产成人| 国产女人水真多18毛片18精品视频| 99久免费精品视频在线观看| 久久精品夜色噜噜亚洲aⅴ| 欧美激情一区二区| 97se亚洲国产综合自在线不卡| 亚洲黄色一区| 欧美日韩久久精品| 久久影院100000精品| 亚洲专区一区| 久久99精品视频| 中文字幕高清不卡| 欧美午夜视频一区二区| 欧美成人午夜电影| 久久精品国产电影| 欧美乱大交xxxx| 狠狠擦狠狠操| 中文字幕福利片| 国产在线精品免费| 久久91精品国产91久久久| 欧美激情欧美狂野欧美精品| 91成人国产在线观看| 日韩亚洲天堂| 日本边添边摸边做边爱的第三级| av先锋影音少妇| 美国成人av| 国产网站在线免费观看| 在线天堂新版最新版在线8| 玖玖精品在线| 亚洲宅男网av| 欧美久久视频| 国产麻豆一精品一av一免费 | 欧美激情一区二区三区在线视频观看 | 日韩主播视频在线| 久久丝袜美腿综合| 亚洲一区二区三区国产| 91精品久久久久久久91蜜桃| 中文字幕视频一区二区在线有码| 亚洲成年人电影| 91free张津瑜movies| 亚州色图欧美色图| 中文不卡1区2区3区| 狠狠色丁香婷婷综合影院| 久久综合导航| 久久久99精品免费观看不卡| 91福利区一区二区三区| 伊人伊成久久人综合网站| 色妇色综合久久夜夜| 又黄又www| 欧美xxxxxx| 婷婷伊人综合| 99精品1区2区| 欧美日韩一区二区三区不卡| 久久久精品免费视频| 青丝免费观看高清影视| 日本在线天堂| 国产色噜噜噜91在线精品 | 欧美肥胖老妇做爰| 免费成人高清视频| 天干天干啦夜天天天视频| 快射视频在线观看| 波多野结衣欧美| 日本欧美在线看| 欧美日韩国产精品一区二区三区四区| 亚洲毛片在线观看.| 国产免费电影网站入口| 国产香蕉视频在线看| 一本色道69色精品综合久久| 翔田千里一区二区| 一区二区三区四区中文字幕| 亚洲免费视频在线观看| 天海翼视频在线观看| 一色桃子av在线| 精品一区av| 久久久另类综合| 日韩电影中文 亚洲精品乱码| 在线观看wwww| av最新在线| 怡红院精品视频在线观看极品| 综合久久久久综合|