Economic System Reform and Restoration of Confidence in Economy

  •  Baodong Ren    


It is of particular significance to restore confidence during economic crisis. Government’s financial policies,
currency policies and other supporting policies will help to restore confidence to some degree. But, excessive
reliance on government policies may result in another wave of inflation and economic crisis. As a result, the
reform in economic system and the improvement of economic environment should be fundamentally relied on to
restore confidence, which will help to upgrade industries, innovate technologies, develop economy harmoniously
as well as to restore the confidence of investors and consumers, hence benefiting long-term and sound economic

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