At this year’s Boao Forum for Asia, President Xi Jinping articulated China’s One Belt One Road (OROB) initiative. It is followed by a detailed vision and action plan on OROB by China’s NDRC, Ministry of Foreign Affairs, and Ministry of Commerce and a series of concrete actions by the Chinese government in creating Asia Infrastructure Development Bank, Silk Road Fund, and other mobilizations at local, national and international levels for implementing the OROB initiative.
These dramatic policy shifts happened when the China’s growth has slowed down significantly, its domestic reforms has entered the deep-water territories, and its efforts in playing a larger role at the international stage have intensified. China and the Chinese economy seems at a cross road with ever increasing volatility and uncertainty.
In this talk, Professor XIAO Geng will help us to put these complex economic and policy dynamics in the context of China’s evolving growth strategy and explain and debate on the prospects of China’s sustainable growth and its implications for regional and global peace and prosperity.
