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Events
USJI Seminar

Recent Structural Change of the Chinese Economy and the Japan-China Relation: Foreseeing the Recovery of the Japanese Economy after 3.11

[Summary]

Date: Tuesday, September 20th, 2011 10:00am-12:00pm

Venue: Conference Room, JSPS/JST Washington, D.C. Office
              2001 L Street, N.W. Suite 1050 Washington, D.C. 20036 U.S.A.

Admission Fee: Free of charge

Moderator & Speaker: Mr. Kiyoyuki Seguchi, Research Director, The Canon Institute for Global Studies [Presentation file]

Title: Recent Structural Change of the Chinese Economy and the Japan-China Relation: Foreseeing the Recovery of the Japanese Economy after 3.11 Abstract: The Structure of the Chinese economy is changing very rapidly. Before 2005 it aimed at export-and-investment-leading economy. After 2005, however, it started to aim at more stable, domestic-demand-leading economy. Such a structural change was accelerated by the global financial crisis because the Chinese government stimulated the domestic demand expansion in order to compensate the sharp drop of the external demand after the financial crisis. Since the Chinese economy recovered from the depression after the Lehman shock, it changed from “factory” to “market” for Japanese enterprises. When we think about the recovery of the Japanese economy after 3.11, the role of the Chinese domestic market is so important.

Speaker: Dr. Junhua Wu, Public Policy Scholar, Woodrow Wilson International Center for Scholars/Chairwoman & Chief Economist, The Japan Research Institute (Shanghai)/Council Member & Chief Sr. Economist, The Japan Research Institute Ltd. [Presentation file]

Title: China at the Crossroads: Structural Changes and the Current political and Economic Conditions Abstract: Having surged to the center of the world’s political and economic stage, the political and economic structural of China have changed and China is plagued by contradictions. On the one hand, Maoism is enjoying a comeback: the CCP ax-sickle flag is flying everywhere, “red songs” are back in fashion, loud calls for another “Cultural Revolution” are heard, and jobs in the government and at the state enterprises are once again favored by the young generation. On the other hand, however, the movement to defend people’s legal rights and interests is stronger than ever, calls for political reform proliferate. The challenge is to penetrate this confusion and try to divine where China will go in the future. Through an in-depth analysis of China’s structural changes and actual conditions–the “crossroads” it faces–this presentation will seek to suggest ways to make sense of China’s uncertain future.

Overall Host: Dr. Yoshiaki Abe, USJI Operating Adviser/University Professor, Waseda University

This event is free and open to the public.

Organized by: U.S.-Japan Research Institute (USJI)

Supported by: Keio University, Kyoto University, Ritsumeikan University, The University of Tokyo, Waseda University

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