Nov 23, 2015
With its economy slowing down, China is re-inventing itself as the next Startup Nation. A new report by UHY International, an accounting and consultancy firm based in London, unveiled data showing China is in pole position when it comes to entrepreneurship, spawning 4,000 new businesses a day.
Qin Xiaoying, Research Scholar, China Foundation For Int'l and Strategic Studies
Nov 20, 2015
Except for the disruptive years of the “cultural revolution”, the five-year planning system has given the country a unified strategic outlook, especially in the recent years of opening up and development. The current CPC Central Committee is steering the Chinese government, in the coming five years, to emphasize people’s livelihood and well-being, and to effectively promote economic transformation and consolidation.
Ding Yifan, China Forum Expert and Deputy Director of China Development Research Center
Nov 19, 2015
In the past, people measured China’s contribution to global economic growth through China’s GDP growth. But many factors in the GDP are the profits created by the foreign companies’ investments in China, so new ways of looking at the impact of China’s economy are in order.
Keyu Jin, Professor, London School of Economics
Nov 12, 2015
When it comes to economic rebalancing, China will need to be patient, recognizing that the current generation is simply too fixated on saving to provide the kind of surge in consumption that is needed. There are steps policymakers can take to accelerate progress, but, until the next generation grows up, real progress will have to wait.
He Yafei, Former Vice Minister of Foreign Affairs
Nov 11, 2015
Fluctuations in China’s currency and economy don’t have the wild effect on the global markets that many critics allege, and such accusations distract from a needed collective focus on maintaining stability.
Minxin Pei, Tom and Margot Pritzker ’72 Professor of Government , Claremont McKenna College
Nov 11, 2015
Minxin Pei recognizes some brutal consequences of the one-child policy, and implores for outsiders and Chinese alike to emphasize the senseless cruelty that such measures imply and work to ensure that they are never seen again.
Fernando Menéndez, Analyst
Nov 10, 2015
Corruption, however, while a persistent illness with a debilitating and self-generating momentum, is not exclusive to China. If truth be told, China’s largesse abroad is also a major source of corruption and fraud, especially when it involves government-to-government transactions where transparency and accountability are absent.
Jonathan Woetzel, McKinsey Senior Partner
Oct 27, 2015
A recent McKinsey Global Institute report titled "The China Effect on Global Innovation" finds that China has the potential to evolve from an innovation sponge - absorbing and adapting global technologies and knowledge - to an innovation leader. As a matter of fact, China is far better at innovation than is generally known and, in some kinds of innovation, is already emerging as a global leader.
Andrew Sheng, Distinguished Fellow at the Asia Global Institute at the University of Hong Kong
Xiao Geng, President of the Hong Kong Institution for International Finance
Oct 26, 2015
Beginning this week, the Party must agree on the direction of China’s 13th Five-Year Plan, which is to be launched in 2016 and is supposed to enable the country to graduate from middle-income status by 2020 by reforming the quality of market competition, government accountability, and the provision of public goods and services
Oct 19, 2015
China's economic growth eased to 6.9 percent in the third quarter from a year earlier, beating expectations but still the slowest since the global financial crisis, putting pressure on policymakers to roll out more support measures as fears of a sharper slowdown spook investors.