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Economic Reform
  • Qin Xiaoying Research Scholar, China Foundation For Int'l and Strategic Studies

    Aug 04 , 2017

    As Chinese State-owned enterprises experience a new phase of change due to an increased number of mergers. Experts and economists throughout the world are attempting to explain the significance of this new phase. However, to place these mergers in the proper context, it is prudent to first examine history and understand the past stages of this country’s SOE reforms.

  • Zhang Monan Senior Fellow, China International Economic Exchanges Center

    May 12 , 2017

    Despite proposals to issue super-long government bonds and other ideas for controlling debt and the federal deficit, Congress and the president must bridge a lot of uncertainties to change the system dramatically.

  • Niu Li Director of Macro-economy Studies, State Information Center

    Jan 06 , 2017

    Deeper supply-side structural reform will be pursued as China enjoys early benefits of steps taken in 2016 despite downward pressure on the nation’s economy.

  • John Ross Senior Research Fellow, Chongyang Institute for Financial Studies, Renmin University

    Jan 03 , 2017

    CHINA has followed an economic development strategy radically different from the neo-liberal “Washington Consensus” advocated by the IMF. The author compares the results of what will be termed China’s “socialist development strategy” versus the Washington Consensus.

  • Xu Hongcai Deputy Director, Economic Policy Commission

    Dec 29 , 2016

    This is the first time that “seeking progress while maintaining stability” was upgraded to an unprecedentedly high status, that is, from a methodology for economic work to an important principle for governance.

  • Xu Hongcai Deputy Director, Economic Policy Commission

    Nov 07 , 2016

    China’s economy was stable as reported by the NBS, shaking off the negative growth of 54 months and showing that China’s industrial output has escaped from the difficulty of deflation. If the short-term steady growth policy and the long-term structural reform policy can be carried out, economic growth is expected to be over 6.5% next year — despite any potential actions by the US Federal Reserve and domestic pressures.

  • Zhang Monan Senior Fellow, China International Economic Exchanges Center

    Oct 26 , 2016

    China needs to continue improving the RMB’s attraction as a financial transaction currency by marketizing the exchange rate and opening up the capital market. In the long-term, it means that the RMB internationalization will be more driven by being used in pricing and as reserve currency rather than by cross-border trade settlement.

  • Tom Watkins Advisor, Michigan-China Innovation Center

    Oct 05 , 2016

    While Chinese challenges abound, no one should denigrate the remarkable progress the country has made in recent history. Failure will not be an option for China. The world needs China’s leaders to work at rebalancing their own economy. This will require building better social safety nets and managing the Chinese people’s expectations, hopes and “Chinese Dreams.”

  • Matthew Hartzell Geographer and Urbanist

    Sep 07 , 2016

    Addressing the systemic imbalances in China's urban system will be a difficult and long-term endeavor. However, as service industries and technology expand their role within the Chinese economy, there's no reason why firms and jobs can't be more evenly spread out across the national network of cities, as they are in the U.S.

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