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Economic Reform
  • 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 Center for International Economic Exchanges

    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.

  • Yu Yongding Former President, China Society of World Economics

    Jun 06 , 2016

    China’s economic growth has been slowing for six years – far longer than expected. Eager to stem the slide, Chinese government officials and economists have desperately sought a clear explanation pointing toward an effective policy response.

  • Nick Marro Business advisory services manager with the US-China Business Council

    Chenjun Ye Business advisory services research assistant with US-China Business Council

    Jun 06 , 2016

    In 2015, China’s growth was again at the center of international headlines, but the focus was instead on the slowdown of the world’s second-largest economy. Much has been made of China’s adjustment to the “new normal,” even as US-China Business Council (USCBC) companies reported that China remains a priority market that delivers more growth than most other markets around the globe. But China is not a monolith, and local-level growth patterns suggest the emergence of the new model.

  • He Weiwen Senior Fellow, Chongyang Institute for Financial Studies

    Mar 16 , 2016

    The years ahead offer parallel tracks for growth for both countries, and an “early harvest” for US enterprises, if opportunities are seized in areas such as innovation, Internet plus, reducing capacity, expanding the service sector – especially in healthcare -- and developing emerging industries.

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