Amidst declining net trade and foreign direct investment (FDI), a deceleration in infrastructure and capital investment, and persistently low consumer confidence levels, the question arises: What will fuel China’s future economic growth?
Notably, total factor productivity (TFP) growth in China has seen a significant slowdown in recent years. In this context, the dual influences of technology development and China’s aging population are pivotal factors shaping TFP growth and, consequently, GDP growth in China. All these factors have implications for China’s role in the global economy.
China Institute holds discussion with internationally-renowned economists Jeffrey Sachs, Yasheng Huang, Paul Sheard, and Tao Wang to draw analyses and insights following President Xi’s meeting with President Biden in San Francisco.
Click here to watch the Keynote speech by Professor Jeffrey Sachs.
Click here to watch the Panel discussion with Yasheng Huang, Paul Sheard, and Tao Wang.