The following is a summary of Liu Peilin’s comments made during a panel discussion at the Sixth Annual Conference of Government and Economics held at Tsinghua University, Beijing, on April 27, 2024. Dr. Liu is a Research Fellow at Tsinghua University’s Academic Center for Chinese Economic Practice and Thinking and Chief Economist at Zhejiang University’s Research Center for Regional Coordinated Development.

Currently, there are two main categories of concerns regarding the Chinese economy overseas. The first is whether the Chinese economy has peaked. The second is how China is handling various pressures and challenges. First and foremost, it is crucial to understand that China's economy has by no means reached its peak, as the per capita income in China is only about 25 percent of that in the US, whereas in the 1990s, Japan's per capita income had already reached around 80 percent of the US level.

On March 21, 2024, the Society for the Analysis of Government and Economics (SAGE) hosted an online lecture entitled "Bounded Rationality and the Research Paradigm for Chinese Economics." This lecture was presented by Zonglai Kou, Professor and Deputy Dean of Fudan University's School of Economics and Executive Dean of the Fudan-Toulouse Institute of Innovation and Digital Economy. The webinar represented the eleventh installment in SAGE's Lectures in Government and Economics Series.

David Daokui Li, a former adviser of the People's Bank of China and now director of the Academic Center for Chinese Economic Practice and Thinking at Tsinghua University, discusses the prospects for the world's second-largest economy and the government's policies. China set its annual growth target at around 5%, raising expectations for the nation's top leaders to unleash more stimulus. Li, who was also a member of the Chinese People's Political Consultative Conference, which advises the governm

As China has stepped up monetary and fiscal support for its economic recovery, both global and domestic expectations for China's growth prospect in 2024 are rising. In its latest report, the IMF has further raised its forecast for China's growth in 2024 to 4.6 percent, up 0.4 percentage point from its previous projection. Economists said that as China's top policymakers have prioritized stabilizing economic growth this year, more policy measures will likely be implemented throughout the year t

China's economic growth rate is expected to reach around 5 percent in 2024, reversing a continuous trend of decline in GDP growth seen since 2009, Li Daokui, director of Tsinghua University's Academic Center for Chinese Economic Practice and Thinking, told the Global Times on Saturday. "Two highlights for the economy in 2024 are whether the consumption sector could reach a new peak during the May Day holidays and whether the property sector will stabilize by the end of 2024," Li said.

CGTN host Guan Xin talks to Li Daokui, dean of the Academic Center for Chinese Economic Practice and Thinking from Tsinghua University, and Thomas Sargent, winner of the 2011 Nobel Prize in economics, to get their insights over the growth potential of 2024 and how the economy will play out in the new year.