On eve of U.S. visit, Hu pushes reformist image – Willy Lam

From the Jamestown Foundation’s China Brief, via Asia Media (link):

Liberal academics and intellectuals have at least indirectly faulted the Hu administration for hesitancy in pushing for reforms, particularly those related to the political system. Senior economist Wu Jinglian, a one-time adviser to former premier Zhu Rongji, has since late last year cited several shortcomings in the reform process. He noted that most shortfalls had to do with “systems and institutions,” especially the fact that “the legal environment that is a prerequisite for a modern market economy has yet to be established.” Professor Wu deplored the fact that efforts to rationalize the ownership structure of many large state-owned enterprises (SOEs) and monopolies through means such as converting them to shareholding companies have not materialized (China Youth Daily, February 13). At the same time, the masses’ dissatisfaction has increased because public services such as education and health care have deteriorated or become terribly costly.

April 1, 2006 1:25 PM
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Categories: Economy, Politics