International Media Focuses on China’s Reform

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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.

By Douglas H. Paal

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."

This interview originally aired on CCTV.

Economy East Asia China

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

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