Staying in Dialogue with China Domestic Demand System

In our sixth and last webinar of the 2024 edition of the “Staying in Dialogue with China” webinar series, we will talk with Prof. XU about China’s “Domestic Demand System” as the fourth structural transition as per CMG’s conceptual framework of China’s political economy.

The topic of “domestic demand system” 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.

Register HERE and take the opportunity to listen in and ask your questions to Prof. Xu Qiyuan.