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The interplay between finance and macroeconomics in China provides a fascinating opportunity for new research. While financial markets are still fast growing and expanding their territory in China, the Chinese economy has been very innovative in advancing financial technologies. The special role of the Chinese government at both the local and national levels in financial activities has broad-reaching implications for macroeconomic performance and growth prospects in the future. This conference brought together elite scholars to explore the extent of our current understanding and the challenges for future research related to Chinese financial markets and their applications more broadly.

Policy Panel: Challenges in Finance and the Macroeconomy in China

The dynamic growth of China’s economy in recent decades has raised many questions among economists about the nature of this progress, including the role of markets and the state, and the sometimes contentious but often symbiotic relationship between the two. The policy forum featuring Chinese private sector executives and government officials, along with Chinese and US economists, explored these and other topics, as part of a major conference The Macroeconomy and Finance in China Conference at Tsinghua University School of Economics and Management (Tsinghua SEM) in Beijing.

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