From Financial Times:
The speech by Wen Jiabao, China’s premier, and the documents released to coincide with Monday’s opening of the annual National People’s Congress were packed with old-style communist rhetoric and the sorts of facts and figures beloved by leaders schooled in central planning.
Pore over the policy papers and you find that the “butchery tax” has been abolished (to relieve the burden on farmers) and that most “wet-processing kilns” for cement have been closed (to cut pollution).
But a close reading of the congress documents and Mr Wen’s speech also reveals the immensity of China’s industrial ambitions and the huge challenges it faces in attaining them.[Full Text]
