Middle-Income Trap

Zhijie Zheng, PhD in Economics, is Vice Chairman and President of the China Development Bank (CDB). Previously, he served as Executive Vice President and Executive Director of CDB, President of China Jianyin Investment Co. Ltd. and Vice President of China Construction Bank. In 1999 he received the special government allowances issued by the State Council. His major works are: Legal Problems and Practices of ‘Going out' and A Closer Look at Global Quantitative Easing. Many of his academic papers and policy reviews have been published in major newspapers and highly ranked journals including Economic Research Journal，People’s Daily, Economic Daily, Study Times, and China Finance.

1. The Concept and Essence of A Middle-Income Trap.- 2. Types of Middle-income Countries and Lessons Learned From Their Experience.- 3. Problems and Challenges China Faces in the Middle-Income Stage.- 4. Overcoming the Middle-Income Trap Requires Improving the Economic Governance capability.- 5. Overcoming the Middle-income Trap Requires Improvement in Capacity for Social Governance.- 6. Participate in Globalization and Explore China's Development Path.