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2.4 China's Economy: Short- and Medium-term Outlook

November 23  14:00-15:15
Setting

As the world's second largest economy, China has contributed significantly to global growth in the recent decades. While confronting with new challenges, the Chinese economy has demonstrated strong resilience and potential for further advancement. In today's vastly more complex and challenging world than the one we faced before, where is China's economy heading to? How will it be able to weather both internal and external pressures? What policy measures are required to spur growth that is sustainable, green, and inclusive?

Focus

- In the next few years (2024 and several years into the future), what is the growth potential of China's economy, and what are the key factors for realizing this potential? - How can China spur domestic demand via policy adjustments regarding both investment and consumption, particularly the latter? - How can China leverage financial innovation and fintech to achieve high-quality growth?