Liu Shijin is the deputy head of the China Development Research Foundation and a member of the People’s Bank of China’s monetary policy advisory committee. Photo: Reuters

China needs deeper reform rather than more economic stimulus, central bank adviser says

  • Deputy head of Development Research Foundation Liu Shijin says changes are needed to ensure China can avoid the middle-income trap
  • China’s gross domestic product grew 6.4 per cent in the first quarter of 2019, beating expectations as hopes of a trade deal with the United States increase
Topic |   China economy

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Liu Shijin is the deputy head of the China Development Research Foundation and a member of the People’s Bank of China’s monetary policy advisory committee. Photo: Reuters
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