Former World Bank SVP and chief economist Justin Yifu Lin discusses China’s mid- and long-term growth prospects at “China’s Economy 2015,” a program of the National Committee on U.S.-China relations in cooperation with Peking University’s China Center for Economic Research, held at the New York Stock Exchange, January 7, 2015. 

Professor Lin argued optimistically that China’s current decelerating GDP growth rate has been a symptom of external and cyclical factors and compared its growth rate to the sharper drop he observed in other high performing economies, both developing and developed. His analysis, calibrated by an assessment of China’s challenges, showed how the export, investment, and consumption environment had changed, but remained comparatively positive. This he followed with an assessment of where China should focus its growth strategy.

Dr. Lin is professor and honorary dean at the National School of Development, Peking University; his remarks are moderated by Yao Yang, Dean, National School of Development, Peking University.