The “Chinese dream” of China’s renaissance can’t be realised without far-reaching changes to the economic model. The 60-point programme approved at the Third Plenum of the 18th Congress of the Chinese People’s Communist Party (CPCP) in November 2013 was intended to lay the groundwork for more innovation-driven and ecologically sustainable growth and for fairer economic distribution. This shift in direction has been more difficult than expected. Against this backdrop, the Party’s decision at the Third Plenum of the 19th Congress in March 2018 can be understood as the installation of the “overall management of the party as an overarching principle.” It is in this way that the mid- and long-term goals of China’s continued rise as a global power are to be achieved. Can this reorientation be interpreted as the recentralisation of the central government’s decision-making power and the cementing of the CPCP as the “institution of last resort” for all economic decisions? What changes to the incentive system for the actors (e.g. party officials, managers in state-run companies, private businesspeople, academics, tax payers, local governments) are connected with this reorientation? Through which organisations is the implementation of the goals to be achieved?
The focus of the workshop is on analysing the institutional framework conditions resulting from the reorientation of the economic model and the strengthening of the CPCP as the comprehensive decision-making and monitoring entity. The discussion should serve the goal of identifying the institutional differences between China and Germany/“the West” and assessing their impact on bilateral and international cooperation. In doing so, we assume that an understanding of institutions, their path dependence, and change is suitable for assessing and predicting the long-term performance of the Chinese economy.
Dr. Shiwei Shi (FU Berlin) and Dr. Margot Schüller (GIGA)
Participation is free of charge. Registration is not required.