China Releases Guidelines for Economic Reform Priorities in 2015

Chinese policymakers on Monday announced guidelines for reform priorities in 2015, ranging from streamlining administrative procedures to boosting the yuan's global role, as Beijing steps up efforts to open up the country's capital markets. The State Council, China's cabinet, approved the guidelines drafted by the National Development and Reform Commission for this year's action plan, calling 2015 "a crucial year for deepening reform.