China has enjoyed almost four decades of high economic growth. This growth has slowed in recent years due to rising domestic wages, a rapidly ageing population and falling demand for exports.
Further growth will rely on economic restructuring and deepening reforms. This China in Conversation brought together two prominent economists to discuss China’s economic growth from an Australian and Chinese perspective.
On 12 July 2017, this China in Conversation event examined how China could overcome obstacles and sustain economic growth, while considering the implications for the Australia-China economic relationship.
Professor Yang Yao
Professor Yang Yao is Dean at the National School of Development and the Director of the China Center for Economic Research at Peking University.
Professor Yao’s research interests include economic transition and development in China. He has published more than a hundred research papers in international and domestic journals as well as several books on institutional economics and economic development in China. He is a prolific writer for magazines and newspapers, including the Financial Times and the Project Syndicate. He is a member of the China Finance 40 Forum.
Professor Yao was awarded the 2008 and 2014 Sun Yefang Prize in Economics Science, the 2008 and 2010 Pu Shan Award in International Economics and the 2008 Zhang Peigang Award in Development Economics. He was named the Best Teacher by the Peking University Student Union in 2006. Professor Yao has a BS in geography and MS in economics both from Peking University. He received his PhD in development economics from the University of Wisconsin–Madison.
Professor James Laurenceson
Professor James Laurenceson is Deputy Director of the Australia-China Relations Institute at the University of Technology Sydney. Professor Laurenceson has previously held appointments at the University of Queensland (Australia), Shandong University (China) and Shimonoseki City University (Japan). He was President of the Chinese Economics Society of Australia from 2012 to 2014.
His academic research has been published in leading scholarly journals including the China Economic Review and the China Economic Journal. Professor Laurenceson provides regular commentary on contemporary developments in China’s economy and the Australia-China economic relationship. His opinion pieces have appeared in The Australian Financial Review, The Australian, The Sydney Morning Herald, and the South China Morning Post among many others.