Paper
Douglas H. Paal
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Source: Getty
In The Media
International Media Focuses on China’s Reform
The Third Plenum offers an opportunity to articulate a vision for shifting China’s economy to a more consumption-led growth model and to lay out the first steps toward accomplishing that vision.
Published on Nov 10, 2013
Source: CCTV
Carnegie’s Douglas Paal appeared on CCTV to discuss the Third Plenum of the 18th Chinese Communist Party Congress. During the interview he explained the significance of the Third Plenum, saying, "A lot of us are hoping that China will be able to start the process of implementing reforms that will carry China from the rapid investment and export led growth to consumption led growth. You have to make a lot of changes in the system, not just parts of the system. This Third Plenum will be an opportunity to articulate a vision and the first steps toward accomplishing that vision."
About the Author
Douglas H. Paal
Distinguished Fellow, Asia Program
Paal previously served as vice chairman of JPMorgan Chase International and as unofficial U.S. representative to Taiwan as director of the American Institute in Taiwan.
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