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China Daily / 2021-12 / 21 / Page006

'Traffic lights' for better use of capital

China Daily | Updated: 2021-12-21 00:00
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The Central Economic Work Conference that concluded earlier this month urged the authorities of various levels to correctly understand the characteristics and behavior rules of capital, giving full play to the positive role of capital as a factor of production while effectively controlling its negative role.

"Traffic lights" for capital should be set up to strengthen the effective supervision of capital according to the law.

Capital has played a big role in the rise of China's economy, and yet it is subject to relatively few constraints and supervision.

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