China: An Economy in Transition

Published on14 SEP 2015

China has achieved extraordinary economic growth in the last several decades. Now, China’s long-term future requires an ambitious restructuring of its economy, emphasizing domestic consumption over government investment. In advance of President Xi Jinping’s September 23-26 US state visit, senior leaders from Goldman Sachs discuss why China’s economic transformation is necessary, the potential challenges to the transition, and the country’s evolving role as a global economic superpower.

The economic model that drove China’s growth… won’t necessarily support it in the next couple of decades.

- Lloyd Blankfein

Lloyd C. Blankfein
Chairman and Chief Executive Officer, Goldman Sachs

Lloyd Blankfein, chairman and CEO, Goldman Sachs
Mark Schwartz, chairman, Goldman Sachs Asia Pacific
Robert Zoellick, chairman, Goldman Sachs International Advisors
Jiming Ha, vice chairman and chief investment strategist, Private Wealth Management China