1st LD: China to further supply-side structural reform

BEIJING, Dec. 20 (Xinhua) -- China will further its supply-side structural reform in the coming year with more efforts to improve economic quality, according to a tone-setting economic meeting.

There will be a shift from "Made in China" to "Created in China," said a statement released Wednesday after the annual Central Economic Work Conference. China will put emphasis on quality rather than speed, with a goal of developing from a manufacturer of quantity to one of quality.

Reforms on resource allocation will be pushed forward, with measures to eliminate ineffective supply, support innovative businesses and reduce costs in the real economy. Enditem