Topic:
Structural Adjustments in the Chinese Economy
Speaker:
Professor Bai Chong-En
Dean, School of Economics and Management, Tsinghua University
Date & Time:
Tuesday, 24 September 2024
10:30 am – 12 noon (Singapore Time)
Venue:
Seminar Room 3-1, Manasseh Meyer Building
Lee Kuan Yew School of Public Policy, NUS Bukit Timah Campus
469C Bukit Timah Road, Singapore 259772
Video recording:
Please click on https://youtu.be/uctz6ZDgEnQ?si=eLHrrXU4w4zVGbtY or visit https://www.youtube.com/EastAsianInstituteNUS.
Abstract:
In 2013, it was for the first time emphasized that the Chinese economy faced the challenge to “simultaneously deal with the slowdown in economic growth, make difficult structural adjustments, and absorb the effects of previous economic stimulus policies.” Eleven years later, structural adjustments are still the sources of many challenges that the economy faces, although the scope and depth of the adjustments have changed. In addition to the adjustments in the economic sphere, the demand for modernization of national governance system and governance capacity is strong. This lecture attempts to shed light on the opportunities and challenges faced by the Chinese economy through the lens of these structural adjustments.
About the Speaker:
Professor Chong-En Bai is Dean of the School of Economics and Management and Distinguished Professor of Arts, Humanities and Social Sciences of Tsinghua University. He earned his PhD degree in Economics from Harvard University. His research focuses on the relationship between economic institutions, policy and development, particularly within the Chinese economy. Professor Bai is Vice-Chairman of the 13th All-China Federation of Industry and Commerce. He is a member of the National Committee of the Chinese People’s Political Consultative Conference, the “14th Five-Year Plan” National Development Planning Expert Committee, the Chinese Economists 50 Forum, the China Finance 40 Forum and Chinainfo 100. He is also Chairman of Academic Committee of China Wealth Management 50 Forum. He was a member of the monetary policy committee of the People’s Bank of China and the executive council of International Economic Association, a non-resident Senior Fellow of the Brookings Institution and Adjunct Vice-President of Beijing State-Owned Assets Management Co. Ltd.
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