Former minister Lim Hwee Hua launches Chinese version of book

November 25, 2013 11:48 AM

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Former minister Lim Hwee Hua launches Chinese version of book

Former Singapore Second Minister for Finance and Transport Lim Hwee Hua has launched the Chinese version of her book in Beijing on Monday.

SINGAPORE: Former Singapore Second Minister for Finance and Transport Lim Hwee Hua has launched the Chinese version of her book in Beijing on Monday.

Titled "Transformation - Role of Government in Business", the Chinese edition is published by Peking University Press.

It discusses the role of government in business using 39 case studies across different sectors.

The launch comes at a time when China is delving into economic reforms, with its recent third plenum deciding that market forces would play a "decisive" role in allocating resources.

In Beijing for the book launch, Mrs Lim said the third plenum sent significant signals from the top for more private sector participation, but also pointed out that the exit of state-owned enterprises is challenging to execute and could lead to disparity in expectations.

Source: channelnewsasia.com

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