The IFF China Report 2015: The Chinese economy at a crossroads

New report aims to lift the veil on Chinese policy-making


The IFF China Report 2015 (a full list of articles is below) was conceived at a crucial turning point for China's society and economy, which started in November 2013, when the Chinese leadership under president Xi Jinping and premier Li Keqiang unveiled a bold market-orientated reform blueprint.

During the period from 2013 to 2015, China's economy and its evolving growth model experienced a profound transformation, creating mixed results, greater uncertainties and diverging predictions by China watchers.

Outside observers are divided on the condition of the country's economy and its reform process. Views range from the very pessimistic "The coming Chinese crackup", as published in The Wall Street Journal, to the reasonably positive "Made in China: New, improved and stronger than ever" by The Economist.

This report - the first by the International Finance Forum (IFF), and published in collaboration with Central Banking - provides readers with the IFF's unique access to many insiders in China, as well as to its network of experts with long and rich experiences studying China on the ground.

The IFF China Report 2015 is divided into four sections. They comprise: the transformation of China's growth model; financial deepening and capital markets development; international trade, investment and development co-operation; and the internationalisation of the renminbi and its impact on the international monetary system.

Each section contains a series of analytical articles reviewing the scope of the relevant topic, as well as interviews and contributions by leading thinkers and decision-makers on more specific aspects.

We are delighted that so many senior policy-makers and industry officials have agreed to support the publication of this report, offering readers a genuine understanding of the real challenges China faces as it embarks on the next phase of its economic transformation.

We hope that the report gives you some interesting insights and thank you for reading!

Transforming China's growth model through structural reform

Financial deepening and market reform

International trade, development and co-operation

The renminbi and the international monetary system


Jin Liqun is executive vice-president of International Finance Forum and secretary-general of the Multilateral Interim Secretariat for establishing the Asian Infrastructure Investment Bank; and Christopher Jeffery is editor-in-chief of Central Banking Publications

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