Following the success of the IFF China Report 2015, we are pleased to introduce the IFF China Report 2016 to our readers.
Since 2015, economic and financial reforms in China and the rest of the world have entered a critical period of transformation. China's presidency of G20 in 2016, the Belt and Road Initiative, the launch of the Asian Infrastructure Investment Bank and other initiatives have brought new opportunities and changes in world economic growth and financial reform.
In the first year of the Thirteenth Five-Year Plan, how can the Chinese economy achieve its goals in the midst of an ever-changing international landscape and domestic reform? What are the uncertainties and obstacles? Given the continuous adjustment and impact of international politics, economics, and science and technology, the journey towards strengthening multilateral cooperation, reforming the financial framework and enhancing economic development has become the major focus for China and for global growth.
This report, drafted by the International Finance Forum and published in collaboration with Incisive Media's Central Banking Publications, collates views and perspectives on China's development from top Chinese leaders, policy-makers and financial experts during the past year. It provides readers with a unique insight into the inner workings of China's economic development and financial reform.
The IFF China Report 2016 comprises four sections: the transformation of China's growth model; financial deepening and market reform; international trade, investment and co-operation development; and the internationalisation of the renminbi and its impact on the monetary system. Each section contains a series of analytical articles (see below) reviewing the scope of the relevant topics, as well as interviews and contributions by leading decision-makers and experts on more specific aspects.
We are, once again, privileged and grateful for the support of global leaders, policy-makers, finance experts, business leaders, politicians and scholars who supported the publication of this report. We would like to give special thanks to HRH Prince Turki bin Abdullah bin Abdulaziz Al-Saud for his patronage of this report and its related events.
The aim is to offer readers a thorough understanding of the situation and challenges China faces as it embarks on the next phase of its economic transformation during the Thirteenth Five-Year Plan. We are thankful for your interest in the report and hope it provides you with important insights and a fresh outlook.
Transforming China’s growth model
Financial deepening and market reform
International trade, investment and development co-operation
Internationalisation of the renminbi
Zhang Jizhong is
executive director and
secretary-general of the IFF.
Christopher Jeffery is
Central Banking Publications.