World Bank, Beijing February 27, 2012 – China should complete its transition to a market economy — through enterprise, land, labor, and financial sector reforms — strengthen its private sector, open its markets to greater competition and innovation, and ensure equality of opportunity to help achieve its goal of a new structure for economic growth.
These are some of the key findings of a joint research report by a team from the World Bank and the Development Research Center of China’s State Council, which lays out the case for a new development strategy for China to rebalance the role of government and market, private sector and society, to reach the goal of a high income country by 2030.
SINGAPORE: Authorities are planning for more car-free weekends around Singapore and this will involve pilot projects to close off roads on a more regular basis in areas like Haji Lane in Kampong Glam and at Club Street / Ann Siang Road in Chinatown. National Development Minister Khaw Boon Wan revealed this in his latest blogpost on Saturday. He said one indicator of liveability in a city is the extent in which its dwellers embrace car-free zones.