IMF Chief Urges China to Pursue Reforms for Faster, More Sustainable Growth

China could grow much faster with pro-market reforms, adding $3.5 trillion to the economy over 15 years per IMF Managing Director
Recommends steps to improve sustainability of property sector, reduce debt risks, focus more on domestic consumption
China should rely more on domestic consumption by raising incomes, boosting family spending power, expanding social security
China should establish a robust AI regulatory framework, as it leads emerging economies in AI preparedness
China has enormous potential in advancing green economy but needs to sell more electricity at market prices, expand emissions trading system