The fourth session of the 12th National Committee of the Chinese People's Political Consultative Conference (CPPCC), the country's top political advisory body, is scheduled to open at 3 p.m. today on March 3.
Beijing Review interviewed some CPPCC members on supply-side structural reform prior to the session. Excerpts follow:
Zhou Hanmin, member of the 12th National Committee of the Chinese People's Political Consultative Conference (CPPCC), vice chairman of Shanghai Municipal Committee of the CPPCC
"We must improve productivity, innovation capabilities and labor productivity to address the supply-side structural reform. We can't deny that China is a developing country with an economy characterized by high input, low output, and high consumption and emission. We have been vigilant against this economic mode and realized it can't be sustained for a long time. Such vigilance is invaluable."
Li Wei, member of the 12th National Committee of the CPPCC
"Sharing economy is based on two preconditions: the economic situation featuring over capacity and the technology of mobile Internet. That's why sharing economy stands out from the traditional economic mode in China today. The sharing economy itself is a kind of innovation. The innovation here refers not only to the sci-tech one, but also the mechanism and legal system, which make it possible to improve people's enthusiasm to the reform."
Copyedited by Sudeshna
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