Is it time for China to move away from quantitative targets? Which moves would give China a greater chance of moving closer to the goal of moving closer to a more price-based allocation of resources set by President Xi Jinping at the Third Plenum in 2013.
As China moves towards a more market-oriented allocation of resources, strengthening monetary policies and financial sector regulations and upgrading statistical frameworks will play a crucial role in channeling resources to productive sectors and minimizing the risks of stress in the financial sector.
According to IMF, China could destabilise the global economy. Just with a one percentage point decline in China’s GDP growth could lead to a global growth reduction by 0.2 percent and near to double that rate in various Asian Economies.
The European Chamber is delighted to welcome Alfred Schipke, IMF Senior Resident Representative in China as he reviews policies and institutions in China today and the road ahead.
Agenda
8.30 to 9.00 Registration
9.00 to 9.10 Opening remarks
9.10 to 9.40 Findings from the book - Modernizing China: Investing in Soft Infrastructure by Alfred
Schipke , IMF (International Monetary Fund) Senior Resident Representative for China
9.40 to 10.00 Q&A Session
10.10 to 10.20 Closing remarks
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