Reforms in factor markets – labor, land, and finance – are essential. China’s leaders must improve labor-market flexibility and labor mobility; make land use, acquisition, and compensation more efficient; and build a more market-based financial system.
要素市场——劳动力、土地和金融——改革十分关键。中国领导人必须改善劳动力市场灵活性和劳动力流动性；提高土地使用、兼并和补偿效率；并构建一个更加市场化的金融体系。