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The report "Reforms to Boost Long-Term Growth in the People's Republic of China" by the Asian Development Bank suggests that reforms are necessary to drive long-term growth in China. The report identifies several areas for reform, including improving the business environment, increasing competition, and promoting innovation. The report also highlights the importance of addressing environmental and social challenges, such as air pollution and income inequality. The report concludes that these reforms will be crucial for China to achieve sustainable and inclusive growth in the long term.
