2024
In recent years, China has increasingly confronted new challenges in economic policy, including rising labor costs, low household consumption, rapid urbanization and inefficient domestic investment. While it is now widely acknowledged in Beijing that major structural adjustments are needed to address these issues, implementing serious reforms pose major challenges for the newly installed leadership.
On April 16, the John L. Thornton China Center at Brookings and China’s Caixin Media Group hosted a conference to examine the daunting challenges confronting China’s new leaders. The morning panels featured a discussion of the financial sector as well as the relationship between the domestic agenda for financial reform and China’s evolving strategy for outbound investment. The afternoon panels took a close look at the political obstacles to implementing major economic reform in areas such as tax policy, the household registration system and land transfers, as well as explore the impact of environmental and natural resource constraints on China’s economic growth.
Agenda
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April 16
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China’s Outbound Investment
9:00 am
JFJohn Frisbie President - U.S.-China Business CouncilArthur R. Kroeber Founding Partner and Head of Research - Gavekal Dragonomics, Nonresident Senior FellowZLZhang Lanlan Managing Director and CEO - CICC U.S. Securities -
Reforming China’s Financial System
10:30 am
Arthur R. Kroeber Founding Partner and Head of Research - Gavekal Dragonomics, Nonresident Senior FellowYukon Huang Senior Associate, Asia Program - Carnegie Endowment for International Peace -
Lunch
12:00 pm
Arthur R. Kroeber Founding Partner and Head of Research - Gavekal Dragonomics, Nonresident Senior FellowYukon Huang Senior Associate, Asia Program - Carnegie Endowment for International Peace -
U.S.-China Relations and Shifting Global Energy Supply
1:00 pm
ZGZhang Guobao Vice Chairman, National Development and Reform Commission and Director, National Energy Administration, People's Republic of China -
Challenges to Implementing Reforms
2:30 pm
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Environmental and Resource Constraints on China’s Growth
HYHUANG Yanzhong Senior Fellow for Global Health - Council on Foreign RelationsJLTJennifer L. Turner Director, China Environment Forum - Woodrow Wilson Center
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