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» Optimism was in the air for the Chinese economy at the IIF-G20 conference in Shanghai late last month. The annual forum set the stage for leaders in the financial community to share their economic perspectives and voice their concerns prior to the G20 meeting. This year, in particular, at the height of global fears of its crash landing, the crowd was listening closely for insights on how China's economic transition would unfold.
» In November, China’s new leaders spelled out the reform agenda, which is a key product of the so-called Third Plenum. The stated reforms are extensive, comprising some 21,500 words; the objective is to put China in the A-league. Specifically, China aims to double its GDP per capita by 2020 — securing its status as the world’s largest economy, just before the 100th anniversary of the Chinese Communist Party in 2021.
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