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Expert: China’s economic reform a key for future growth

China is just in the process of transformation.

The world’s second largest economy is determined to change its economic growth model by pursuing innovative, coordinated, green, open and shared development.

Fredrik Erixon, Director of the European Centre for International Political Economy (ECIPE), believed that speeding up the economic reform is the key for future growth.

SOUNDBITE (ENGLISH): FREDRIK ERIXON, Director of ECIPE
“So, speed up that process and things are most certainly, this will be most certainly going to generate far more employment, far more innovation, far more resources that are going to go into the new type of economy which can sort out to lead China’s economic growth for the future.”

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