Staying in Dialogue webinar
Domestic Demand System
10 December 2024; 9:00 - 09:45 CET 
Online
Organizer: China Macro Group (CMG)

Subject: Talk with Prof. Qiyuan Xu (Deputy Director, Institute of World Economics and Politics/IWEP, Chinese Academy of Social Sciences) about China's "Domestic Demand System" as the fourth structural transition as per CMG’s conceptual framework of China’s political economy. The topic refers to China’s attempt to pivot to more consumption-oriented economic growth, while reducing its reliance on fixed asset investments and the trade surplus - a legacy from Beijing's export-oriented growth model. China should rely more on domestic demand to drive economic growth, thus, in a state of an overall elevated level of marketization, household consumption should shape supply of services and production more strongly.

Moderated by Markus Herrmann Chen, Founder & Managing Director China Macro Group