Reforms will benefit the country: Nobelist

Economy | Lin Jing

Christopher A Pissarides, the 2010 Nobel Prize winner in economics, said that the reforms that China is committed to have sent "a positive signal" and will benefit the world's second-largest economy.

The reform program "is a positive signal. But perhaps China should take one step at a time, because of the large size of the country," Pissarides told a forum during the 15th China Hi-Tech Fair in Shenzhen over the weekend.