March 6th: Day 4

Watch Full Video

Anchor: Yang Rui

Guests:
Founder of HAO Capital Charles Liu
Director William Hess from PRC Macro Advisers

Topic 1: Finance Minister Press Conference

Finance Minister: Reforms underway, more to come

China will continue to push forward with fiscal and tax policy reforms in 2014. Finance Minister, Lou Jiwei told reporters the ministry will deepen reforms of its fiscal budget mechanism. The Finance Minister also said China will strengthen the supervision of preferential tax policies.

Topic 2: Economic Reforms

Economic reforms to pay the biggest dividends

The Chinese government has left its economic growth target almost unchanged for 2014. But the Finance Ministry is definitely trying to change the perception of its main focus - a rebalancing of the economy with an emphasis on growth quality, as opposed to pure numbers.

Topic 3: Internet Finance

Experts: Internet finance to boost domestic economy in 2014

A popular saying within the financial industry is that 2013 was the year of Internet finance. The innovative power of internet technology has brought a series of changes to the industry.

Topic 4: Trade Power

China surpasses US as biggest goods trading nation

China’s total goods trade volume in 2013 stood at a record 4.16 trillion dollars. The World Trade Organization confirmed that China’s goods trade in 2013 was 250 billion dollars more than the US. Exports reached 2.21 trillion dollars, and imports 1.95 trillion.