Tourists take a ferry across the Huangpu River in front of the Lujiazui Financial District in Shanghai. Finance is one sector of the Chinese economy that experts say needs to be opened up. Photo: Bloomberg Tourists take a ferry across the Huangpu River in front of the Lujiazui Financial District in Shanghai. Finance is one sector of the Chinese economy that experts say needs to be opened up. Photo: Bloomberg
Tourists take a ferry across the Huangpu River in front of the Lujiazui Financial District in Shanghai. Finance is one sector of the Chinese economy that experts say needs to be opened up. Photo: Bloomberg
Prof Zhang Jun
Opinion

Opinion

The View by Prof Zhang Jun

China should save less, stop protecting industries and liberalise instead, to unleash domestic consumption

  • Zhang Jun says opening up markets – from telecoms to education and insurance – would be a massive boost to an economy struggling with declining productivity and a trade war

Tourists take a ferry across the Huangpu River in front of the Lujiazui Financial District in Shanghai. Finance is one sector of the Chinese economy that experts say needs to be opened up. Photo: Bloomberg Tourists take a ferry across the Huangpu River in front of the Lujiazui Financial District in Shanghai. Finance is one sector of the Chinese economy that experts say needs to be opened up. Photo: Bloomberg
Tourists take a ferry across the Huangpu River in front of the Lujiazui Financial District in Shanghai. Finance is one sector of the Chinese economy that experts say needs to be opened up. Photo: Bloomberg
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Prof Zhang Jun

Prof Zhang Jun

Zhang Jun is dean of the School of Economics at Fudan University and director of the China Centre for Economic Studies, a Shanghai-based think tank.