Domestic consumption is important for China's stable economic growth when the world economy shows no sign of recovery. However, consumers seem to lack the confidence to spend.
Recent trade figures show newly adopted policies to realize sustainable development of foreign trade are working.
State-owned companies are the major targets of criticism in the Chinese media, which often accuse them of being overly bureaucratic, enjoying the windfalls associated with monopoly, employing corrupt practices and extravagance.
The recently concluded G20 summit and the Greek election have done little to improve the sense of security of Chinese corporate leaders.
China sets to lead outbound direct investment, and this new model requires China's banking sector to accelerate its internationalization.
At a time when external demand shows no signs of improving and domestic consuming habits need time to adjust, well-planned infrastructure investment seems essential.
That the basic healthcare security net-work now covers all 1.3 billion residents shows what China's healthcare reform has achieved since further reform was initiated three years ago.
When world leaders gather in Rio de Janeiro, Brazil, on Wednesday for the United Nations Conference on Sustainable Development, they need to demonstrate a strong political will.
Political will to achieve sustainable development should be reflected in real and solid commitments at Rio+20.
As world waits anxiously for the true dawn of the global economic recovery, it is more imperative than any other time for fair trade to be maintained.
As the WTO framework failed to reach a compromise, bilateral and multilateral agreements began to replace it as the main platform for regional cooperation.
As fresh financial and trade challenges cut into people's confidence in economic recovery this year, many are hoping for significant breakthroughs among the G20 summit in Mexico.