Structural reform
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The transformation of China towards a modern economy
China has embarked on an unprecedented effort to stabilise growth while accelerating structural reforms towards an inclusive, sustainable, innovative and more open economy
China's dual-economy poses major challenge for future development
China's unique central-local governance system facilitated growth through a ‘trial-and-error' strategy. But 35 years of high growth have created a dual economy, with both successful and failing parts
'Learning by doing' has transformed Chinese growth
Learning through an experimental approach played an important role in the rapid productivity growth of China. But the country now faces rising income inequality
Maintaining China's growth in an environmentally friendly manner
Facing severe air, water and heavy metal pollution as well as acute water shortages, China needs to change its earlier mindset of ‘grow first and clean up later'
Innovation gauntlet laid down to facilitate economic transformation
The continuity of China's ‘trial-and-error' social-reform philosophy is key to enabling innovative growth as the country reforms its capital market and develops sound bankruptcy procedures
Commerce minister Gao Hucheng on China's 'One belt, one road' vision
Chinese minister of commerce Gao Hucheng speaks about international co-operation, trade agreements and China's 'One belt, one road' vision.
Chinese finance minister Lou Jiwei on local government debt and tax reform
Minister of finance Lou Jiwei talks about fiscal policy under China's 'new normal' and how the country plans to tackle spiraling local government debt
PBoC’s Zhou Xiaochuan on interest rate reform and renminbi internationalisation
People’s Bank of China governor Zhou Xiaochuan speaks about the pace and timing of interest rate reform and the internationalisation of the renminbi
Zhu Guangyao on China's 'new normal', investment and external pressures
Chinese vice-minister of finance, Zhu Guangyao, explains China's 'new normal', efforts to improve asset investments, fiscal policy challenges and the country's external operating environment
Driving the ‘new normal’: stability, urbanisation and innovation
Gu Shengzu, vice-chairman of the Financial and Economic Affairs Committee of the Twelfth National People’s Congress, writes about the major elements that will drive China's economy
Five foundations for the reform of China
Cheng Siwei, chairman of IFF and former vice-chairman of the Standing Committee of the Ninth and Tenth National People’s Congresses, presents five foundations for aiding the country’s overall reform