Fidelity's Nicholls: Reforms will boost Chinese growth in 2014

As the third plenary highlighted, reform is top of the agenda for both the government and investors. A key overriding message to come through is that the new leadership wants more emphasis on using market forces to determine pricing of goods and services and allocation of resources. While private enterprise is already the key driver of the economy, this will only support further opportunity for such companies to grow. There was also a clear indication we will start to see reform programmes over the coming years for state-owned enterprises, the financial system, land rights and the fis...