China, now amid a new, deeper round of reform, is mulling over effective ways to create a favorable environment for businesses and secure a rosy future for its inclusive economic development. Wang Dan, an analyst at The Economist Intelligence Unit, spoke to CGTN about how to push the country's reform forward.

Wang noted that many foreign companies would agree that government intervention in the private sector is their biggest problem. This is currently necessary as plenty of industries are in their infancy, but prolonged interference should be avoided. To push the reform forward, there must be some short-term pain because it means we will see more unemployment and probably more bankruptcies. Therefore, the government is expected to play a bigger role in providing training and some alternative jobs for those who may be unemployed in the future.