Wu Ge, from The People's Bank of China, delivers his report Internal and external macroeconomic balance .

 

Dr. Wu analyzes the current macroeconomic situation in details. The growth efficiency of China's economy is low according to the data of energy consumption ratio, external demand and investment, etc. Investment expansion in real estate, manufacturing sector and infrastructure is now limited. To break the dilemma and maintain sustainable development, Dr. Wu points out that breakthrough in aggregated supply and demand is needed. To maintain sustainable and healthy development, China should move with the times and from a "Made in China" towards a "created in China" country.