Despite continuous double-digit growth in 2010, the booming Chinese economy faces increasing structural and institutional challenges due to the export and FDI-led growth model as well as global financial instability. In light of the 12th Five-Year Plan, China is determined to implement second-generation economic reform strategies to address rising inequality and focus on sustainable development.

The Global Agenda Council on China will discuss the country's strategy to tackle multifaceted yet interconnected challenges, including boosting domestic consumption, curbing an overheated real estate market, prioritizing more balanced wealth distribution, adjusting industry structures to high value-added sectors, managing international pressure to appreciate its currency and improving social security.