Work Conferences: Work Conference and Chinese Companies

work conferences: The real economy is surely facing various problems as noted at the recent Central Economic Work Conference in addition to economic work conferences in some provinces and by some Chinese CEOs, said Feng Liguo, an expert at Beijing-based China Enterprise Confederation CEC . It's been an issue hovering around in recent years, according to Global Times China. The traditional advantages in industry, for example manufacturing, have been fading away but the new growth engines have not emerged, Feng said. Photo IC Profit for China's major companies in 2016 Chinese companies will face a challenging year in 2017, and the central and local governments will have to accelerate economic restructuring and political reforms to help the real economy grow, experts said on Tuesday. Government agendas At East China's Jiangsu Province's economic work conference it was agreed that the real economy has been fundamental for local economic growth, and that helping local enterprises will be a focus for the government in 2017, news site people.cn reported on Sunday. In South China's Guangdong Province - where secondary industry has contributed to nearly half of its GDP growth - revitalizing the real economy is one of its priorities for 2017, financial news site eastmoney reported on December 19. More work should be made to improve market confidence, particularly in private investment as well as in local manufacturing, Li Guoying, acting governor of East China's Anhui Province said at a meeting on Sunday, according to the central government's website. (news.financializer.com). As reported in the news.