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Chen Gong: Boosting Economy by the Means of Legal Body of Consortium

Viewing from the macro environment, China faces a major challenge on how to pull China out from the "boom of universal financial investment", and then energize rational industrial investment. ANBOUND chief researcher Chen Gong proposes the concept of consortium institution. Comparing to other forms of legal body, the form of consortium with tradition of family and locality is more powerful and controllable. It would be a better choice to encourage the development of a group of consortiums, provide them preferential policies and credits, and specifically back their investments in industries.

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