China’s economy has finally turned the corner，say Guo Kai and Zhu He

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China’s economy may be entering a mild but durable recovery, according to two economists at the China Finance 40 Forum (CF40), who argue that the long property-led downturn and industrial overcapacity are beginning to clear, allowing growth to stabilise even without a large-scale stimulus push.The two economists are:GUO Kai, Executive President and Senior Fellow of the CF40. Before joining the CF40, he was an economist at the International Monetary Fund in Washington DC and then worked at the People’s Bank of China in various capacities, including in the Monetary Policy Department and the International Department. His main research areas include the Chinese economy and its macroeconomic policies as well as international finance. He is the author of three popular Chinese economics books and multiple academic papers in various English and Chinese journals. He holds a PhD degree in economics from Harvard University.ZHU He, Research Fellow at the CF40. With over ten years of experience in macroeconomic research, Zhu He specializes in tracking domestic and international macroeconomic trends and capital market dynamics. He provides unique insights into economic policy and asset allocation strategies and is a key contributor to CF40’s Macroeconomic Policy Quarterly Report, which has gained significant attention from the market and policymakers. He holds a PhD in Economics from the Chinese Academy of Social Sciences and a postdoctoral degree from Peking University.Founded in 2008, China Finance 40 Forum (CF40) is a leading independent think tank focused on policy research in macroe…