Li Daokui, professor at Tsinghua University’s School of Economics and Management and a former adviser to the People’s Bank of China, said he believes growth in China’s economy is now nearing its low point, adding that he expects growth rates to pick up within a year or two.
“I believe we’re now at the bottom of a u-shape,” Mr. Li said at a Ministry of Foreign Affairs briefing for journalists. He said his forecast was for 7.2% year-over-year annual growth in 2015, rising to 7.5% by 2017 or 2018.
Most economists expect Beijing to set an annual-growth target for 2015 of 7.0% during its annual legislative session in March, when the government lays out policies for the year.
SOURCE – Wall Street Journal
Wang is a prolific business-oriented writer of emerging and disruptive technologies. He is known for insightful articles that combine business and technical analysis that catches the attention of the general public and is also useful for those in the industries. He is the sole author and writer of nextbigfuture.com
, the top online science blog. He is also involved in angel investing and raising funds for breakthrough technology startup companies.
He gave the recent keynote presentation at Monte Jade event with a talk entitled the Future for You. He gave an annual update on molecular nanotechnology at Singularity University on nanotechnology, gave a TEDX talk on energy, and advises USC ASTE 527 (advanced space projects program). He has been interviewed for radio, professional organizations. podcasts and corporate events. He was recently interviewed by the radio program Steel on Steel on satellites and high altitude balloons that will track all movement in many parts of the USA.
He fundraises for various high impact technology companies and has worked in computer technology, insurance, healthcare and with corporate finance.
He has substantial familiarity with a broad range of breakthrough technologies like age reversal and antiaging, quantum computers, artificial intelligence, ocean tech, agtech, nuclear fission, advanced nuclear fission, space propulsion, satellites, imaging, molecular nanotechnology, biotechnology, medicine, blockchain, crypto and many other areas.