COVER STORY THE NPC'S ECONOMIC AGENDA
In the central government's latest report to the National People's Congress, policymak- ers say the road to more riches will be paved with tax cuts and tighter monetary policy. Contrary to analyst expectations, government investment in infrastruc- ture will not see a huge boost. Economic policies presented at the meetings highlighted concerns with the continuation of local government debt risks, indicating a less lenient stance toward the swelling of local government financing platforms.