The Germany Model for The Chinese Economy

Project category: Tsinghua University’s International Science and Technology Cooperation Project

Start and end dates: January 1, 2014 to December 1, 2014

Members of the Project:

  David Daokui Li Director of the Academic Center for Chinese Economic Practice and Thinking

  Roland Berger      Founder and Honorary President of Roland Berger Strategy Consultants Ltd.

  (The list is in no particular order)

  杜源、吴若伊、程琳、李玉蓉、张静、尹星月、徐欣、程浩、伏霖、徐翔、吴舒钰、石锦建、金星晔、胡思佳等

 

Project Achievements:

  “Great manufacturing capacity, export orientation based on first-class products and services, company management focused on stakeholders, emphasis on the development of small and medium-sized enterprises, a well-educated labor force, developed infrastructure, and comprehensive structural reform.” These are the main characters of the “German model,” often credited for allowing Germany to enjoy strong economic growth even during the global financial crisis.

  David Daokui Li, a renowned economist, and Roland Berger, a global leader in consultation, find that China and Germany have similar values, basic mechanisms, and reform targets. The two experts exchanged insights and consolidated their findings into practical recommendations. They examined the business model of Germany's social market economy from the perspectives of the public financial system, real estate market regulation strategies, the financial regulatory system, strategies for internationalizing the German Mark, and sustaining companies’ business. Through this lens, the two experts put forth new suggestions for China’s reform.