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March 16, 2021 40 min

China’s rulers have been setting out their goals for the country at their big annual political meetings in Beijing. This year’s event held special significance, with policy makers revealing their latest five-year plan for China’s economy, as well as their targets for the environment among a host of other issues.

We are first joined by two experts to discuss the near-term results from the meetings, and how they assess the current health of China’s economy: Tao Wang, the Hong Kong-based chief China economist and Head of Asia Economic Research at UBS; and Jinny Yan, a managing director and chief China economist at ICBC Standard Bank in London. 

Later we discuss one of China’s most difficult long-term problems — wealth inequality. We talk to Scott Rozelle, who is a senior fellow and co-director of the Rural Education Action Program in the Freeman Spogli Institute for International Studies at Stanford University. Scott’s recent book, ‘Invisible China’, is a must-read on this topic, and the growing divide between rural and urban China. 

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