Leading Chinese Economists Forecast China's Economy in 2014

The National Committee on U.S-China Relations presents its fifth annual forum predicting the state of China's economy in 2014.

China unveiled its official reform blueprint for the coming years at the end of the Third Plenum of the 18th Party Congress that took place from November 9 to 12 in Beijing. The blueprint promises sweeping structural changes over the next decade with a much stronger role for market forces to allocate capital and resources in the economy. The plan includes, among other proposals, reform of fiscal policy, deregulation of interest rates, the further internationalization of the currency and further development of capital markets. With the unveiling of this plan, economists and observers all over the world are contemplating important questions: Does this mean vital structural changes are imminent in the Chinese economy? Chinese leaders have called for wide-ranging economic reforms, but do they have the capacity to implement the reforms urgently needed to tackle the challenges afflicting virtually every realm of the Chinese economy? These challenges and the policies implemented will have not only domestic effects but profound international effects as well.

China’s economic policy and development exert a profound influence on global financial markets and the U.S. economy. To better understand the future trajectory of China’s economy, each year since 2010 the National Committee on U.S.-China Relations and the China Center for Economic Research (CCER) have jointly organized an annual half-day forum at the New York Stock Exchange. The forum brings together leading authorities on China’s economy to present their forecasts of China’s economy in the coming year and their latest research on pressing economic issues.

The fifth annual forum will be held on January 6, 2014 and again feature Justin Lin Yifu, one of China’s most influential economists and former chief economist and senior vice president of the World Bank. He will speak on China's economic structure and trends after the Third Plenum with particular emphasis on long-term growth prospects. Qin Xiao, chairman of the Board, Boyuan Foundation, will give the keynote speech on the new reform agenda and its wide-ranging impacts on China. CCER economists Huang Yiping, Lu Feng and Yao Yang will share their interpretations of the reform agenda laid out by the Third Plenum and their forecasts and analyses of China’s economy in 2014. In addition, several of China’s most influential economists Huang Haizhou, Sun Mingchun and Zhao Haiying will share their views on specific aspects of key reforms including the real estate market, shadow banking and internet financing and their potential impact on the market.

An agenda is forthcoming.

The event is free-of-charge, but pre-registration is required. To register, click here.

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