De-emphasizing costly issues of supply, the program is focusing on three logistical bottlenecks: huge gaps in land law that make it impossible to guarantee investments, lack of information technology in the rural areas that make coordination and transport impossible, and the energy poverty of these same areas.

FORBES: Summit Postmortem

The RRR cut was also a part of a global central bank coordination to make sure there was enough liquidity in the system, says John.

FORBES: Stars Align For Year-End Rally In Stocks

China and the United States should step up communication and coordination in international affairs, work together to counter the global challenges, and make a greater contribution to world peace and development.

WHITEHOUSE: China State Visit Arrival Ceremony