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In a new Paulson Policy Memorandum, Bloomberg economists Tom Orlik and Fielding Chen argue that fiscal stimulus targeted at China's low-income households and public services such as education, combined with more financial information disclosures, could boost growth and employment without exacerbating bad debt.

Presented

In a recent speech to the Chicago Council on Global Affairs, Institute Vice Chairman Evan Feigenbaum argued that Asia is changing dramatically, noting the reconnection of sub-regions of Asia into a more integrated strategic and economic space. Unless Washington adjusts to this more connected Asia, Feigenbaum reasoned, the United States could find itself less relevant in the region.

PUBLISHED

China's economic slowdown and the stagnation of its industrial sector are the natural consequence of China’s new status as a middle-income country, argues Chinese Academy of Social Sciences economist Zhang Bin in a new Paulson Policy Memorandum. With the rise of the services economy, China's economic growth will inevitably slow down, despite Beijing's attempts to fight the trend.

Joined

Strict air pollution measures implemented by China in 2013 are taking effect, according to a Bookworm Literary Festival panel in Beijing featuring Associate Director of Research Anders Hove and The New York Times' Ed Wong. Despite the challenge posed by distorted economic incentives, the panelists stressed that Beijing is committed to finding innovative solutions to tackle air pollution.

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Climate and Sustainable Urbanization

The Institute's research continues on the Jing-Jin-Ji region's transition to a more sustainable economic model, with particular focus on integrating renewables onto the grid, heating reform, and challenges for industry. Heavy industry will continue to be an important part of China's greener economy, though the transition to cleaner manufacturing won’t be easy. In a recent blog, Institute Vice Chair Kate Gordon writes that as industries shift, Beijing will need to help workers develop skills needed for a low-carbon economy.


Conservation

Key Chinese and Brazilian soy industry players, green trade experts, and government officials gathered to discuss opportunities and challenges in promoting more sustainable soy trade between China and Brazil, which is China's largest supplier of soy. At the meeting, the heads of the China Soybean Trade Association, Aprosoja (the soy producers association of Mato Grosso) and ABIOVE (the Brazilian association of vegetable oil industries) signed a memorandum of understanding committing to work together to promote sustainable soy production and trade between China and Brazil.


From the Blog

In the face of an economic slowdown, China's commitment to a sustainable future will be tested in its latest five-year plan, writes Institute Managing Director Kevin Mo. "What China does in the next 3 to 5 years may determine which direction China goes in the long term," writes Mo. "This is no moment to delay reforms. This is a pivotal moment for China to take advantage of the economic slowdown to accelerate its sustainable economic transition by restructuring its heavy industry sector and expanding less carbon-intensive parts of the economy as new drivers of growth."


Contemporary China Speakers Series

The new generation of young Chinese are developing new desires and demands, said Asia Society writer Eric Fish at a Paulson Institute talk. Unlike their parents and grandparents, many Chinese millennials have not experienced extreme poverty and now desire a better quality of life. “Young people grow up more free and less fearful of authority,” Fish said. As a result, the young Chinese dream is deviating from the government-approved “Chinese Dream,” with China's millennials becoming much bolder and more willing to speak out.

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  专题更新

头条新闻 

在保尔森基金会最新发表的《政策备忘录》中,彭博经济学家欧乐鹰与陈世渊提出:采取旨在提高中国低收入家庭收入和扩大如教育等公共服务的财政刺激,并加强金融信息披露,可以在提振增长与就业的同时,避免加剧坏账。

会议

保尔森基金会副主席方艾文最近对芝加哥全球事务委员会发表演讲,认为亚洲正经历巨变,将亚洲次区域重新连接成一个更加一体化的战略和经济空间。除非华盛顿方面进行调整以适应更加一体化的亚洲,否则美国在亚洲各地区的影响可能会大大减弱。

发表

中国社科院世界经济与政治研究所全球宏观经济研究室主任张斌在保尔森基金会最新发布的《政策备忘录》中提到,中国的经济增速放缓和工业部门停滞是中国成为中等收入国家的必然后果。尽管中国政府已经采取措施,但随着服务业经济增长,中国的经济增长将不可避免地放缓。

活动

在北京举办的“老书虫文学节”上,保尔森基金会研究部副主任侯安德参加了专题讨论会。与会者认为,中国政府在2013年实施的严格空气污染治理措施已经初见成效。他们还强调,尽管困难重重,中央政府仍致力于采取创新解决方案,治理空气污染.

  项目最新情况


气候与可持续城镇化

保尔森基金会继续开展针对京津冀地区可持续经济转型的研究,重点关注可再生能源并网消纳、供暖系统改革以及行业面临的挑战。重工业仍将是绿色经济的重要组成部分,但转型并不容易。在最近的一篇博客文章中,保尔森基金会气候变化和可持续城镇化项目副主席成可黛称,在工业转型的过程中,政府要为工人培训提供帮助,让他们掌握从事低碳行业工作所需的技能。


生态保护

中巴两国主要大豆企业代表、绿色贸易专家和政府代表出席了会议,并探讨了促进中巴可持续大豆贸易的机遇与挑战。巴西是中国最大的大豆供应国。会上,中国大豆产业协会与巴西马托格罗索州大豆生产者协会(Aprosoja Mato Grosso)、巴西油脂产业协会(ABIOVE)正式签署谅解备忘录,承诺将致力于推动中巴两国可持续大豆生产和贸易。


近期博客

保尔森基金会北京代表处执行主任莫争春在最新的博客文章中表示,中国经济前景充满了诸多不确定性,中国向可持续经济转型的承诺将在十三五规划中得到检验。莫争春写道,“中国今后三到五年的经济发展模式选择可能将决定中国的长期走向。对中国来说,这是一个非常重要的阶段,一方面不能推迟改革,一方面要充分利用经济增速放缓的机会,加快经济转型,促进重工业部门重组,加大清洁行业占整体经济构成的比例,并成为新的经济增长点。”


当代中国演讲人系列活动

美国亚洲协会作家埃里克·菲什在保尔森基金会当代中国演讲人系列活动中提到,中国新一代年轻人正在萌发新的愿望和要求。与父辈和祖父辈不一样,很多年轻人没有经历过极端贫困的生活,他们渴望比现在更好的生活。菲什说,“年轻人的成长环境更加自由,不太敬畏权威”。因此,年轻人的“中国梦”与政府倡导的“中国梦”存在偏差。年轻人变得更大胆,更愿意直言不讳。

"只有美中两国以互补的方式携手合作才能解决当前最紧迫的全球性挑战”
- 亨利∙保尔森
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