Rebalancing the Chinese Economy: What Will the 15th 5-Year Plan do for China (and the world)?
ABOUT THE SESSION
As China prepares for its 15th Five-Year Plan, policymakers face the challenge of rebalancing an economy that has long relied on investment, exports, and property-led growth. This lecture examines the structural reforms likely to shape China’s next phase of development, including efforts to boost domestic consumption, enhance productivity through technological innovation, address demographic headwinds, reorient urbanization strategy, reform the household registration system, and strengthen economic resilience amid rising geopolitical tensions. It will also explore the implications of these policy choices for global trade, capital flows, supply chains, inflation and economic growth, offering insights into how China’s evolving domestic development strategy may influence both the regional and international economic landscape in the years ahead. This session is hosted and moderated by Professor Joseph Cherian, CEO and Distinguished Professor at the Asia School of Business.
Event Details:
Date: 23 June 2026 (Tuesday)
Light refreshments & registration: 8:30 AM
Lecture: 9:00 AM – 10:30 AM
Venue: CR-E2-02, Level 2, Asia School of Business
BIOGRAPHY
Professor Lu Ming
Lu Ming is a Distinguished Professor of Economics and Director of the Shanghai Institute for National Economy (SHINE) at Shanghai Jiao Tong University. He also serves on China’s 15th Five-Year Plan Expert Committee and the Shanghai Decision Making Advisory Committee. He previously taught at Fudan University and was a Fulbright Scholar at Harvard University and the National Bureau of Economic Research (NBER).
He has consulted for the World Bank and Asian Development Bank. His research focuses on regional and urban-rural development, labor economics, and the Chinese economy, with recent work examining how urban and regional policies affect resource allocation and economic sustainability.
Organized by Asia School of Business
In collaboration with Malaysia - China Business Council
Featured speaker from Shanghai Jiao Tong University
Sponsored by Bank of China