Prominent Chinese economist Bai Chongen shares insights on how China can prevent an economic stagnation similar to Japan's 'lost decades.' Bai, dean of Tsinghua University's School of Economics and Management, offers advice based on his expertise.

Bai Chongen is a prominent Chinese economist and government adviser. He is the dean of Tsinghua University’s School of Economics and Management and serves concurrently as vice-chairman of the All-China Federation of Industry and Commerce. From 2015 to 2018, he was a member of the Chinese central bank’s monetary policy committee. This interview took place during the “two sessions” – the annual meetings of China’s top legislature and advisory body – which Bai was attending as a member of the...