May 1

Past Event

Structural Reforms and China’s Economy

Audio

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Summary

The rapid pace of economic development in China over the last 30 years has begun to expose a new set of economic and social challenges. To deal with these challenges, China’s leaders will need to employ a new set of policy tools that may be very different from what has been successful in the past. In addition, China’s leaders must adapt to the growing influence of a broad array of non-state actors. Making these adjustments in the midst of a major transition of China’s political leadership will be no small task.

On May 1, the John L. Thornton China Center at Brookings and Caixin Media hosted a conference examining China’s major economic policy challenges, the substance of economic reform measures and the issues concerning their implementation. The first panel examined the reforms China should adopt to avoid the middle-income trap and the growing role of civil society in encouraging economic reforms. The second panel focused on the priorities for significant structural adjustments to address key issues such rising labor costs, low household consumption, rapid urbanization, inefficient domestic investment, and international competition.

Event Agenda

  • 2:00 PM -- Panel 1: New Dynamics in China’s State-Society Relations

  • 3:30 PM -- Panel 2: A Turning Point in China's Development

    • Moderator: Hu Shuli

      Editor-in-Chief

      Caixin Media

    • Barry Naughton

      Professor of Chinese Economy and So Kwanlok Chair of Chinese International Affairs, University of California, San Diego

      Nonresident Senior Fellow, The Brookings Institution

    • Wang Tao

      Chief Economist

      UBS Securities

    • Zhang Lanlan

      Managing Director

      CICC US Securities, Inc.

Details

May 1, 2012

2:00 PM - 5:00 PM EDT

The Brookings Institution

Falk Auditorium

1775 Massachusetts Ave., NW

Map

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Brookings Office of Communications

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