2024 "Staying in Dialogue with China" webinar series by CMG
Economic Transition and Industrial Upgrading
Online (Zoom)
5 April 2024; 9:00 - 9:45 CEST / 3:00 -3:45  CST

Subject: To kick this 3rd series off, CMG will talk to Prof. Yong Wang (Academic Deputy Dean, Institute of New Structural Economics at Peking University) about the first of the six transitions - economic transition and industrial upgrading, or the transition from a largely agrarian to an industrialized and then post-industrial society, increasingly driven by innovation.

What are the key success factors for China's transition to successfully overcome the so-called "middle-income trap"? Why is the focus for Chinese policymakers so much on manufacturing today? How to ensure industrial upgrading in times of geopolitics and geoeconomic factors? How does China's industrial policymaking differentiate by sectors, mature and emerging technologies and differing strategic goals? Is overcapacity unavoidable? And: what role does the new concept of "new-quality productive forces" (新质生产力) add to policymaking?

This webinar will be moderated by Markus Herrmann, Co-Founder and Managing Director of CMG (CNBW member). Take the opportunity to listen and ask your questions to Prof. Wang.

Ahead of the session, Alicia Garcia Herrero, a leading expert on China’s political economy, also provides her thoughts and a second perspective for the discussion on this first transition. Read her written piece ... here