China can help set dynamic global agenda

Although opening-up is an essential part of China's reforms, it also needs to take on a more global sheen and focus on "shaping the global agenda". While this calls for an increased role for China in global affairs, it also involves establishing strategic targets globally and getting support from all stakeholders.

There are three major areas where global collaboration is needed and in which China can help set the agenda.

The first involves smart and sustainable urban development or production and consumption patterns. The rapid urbanization now underway in China is an important activity that can provide answers to this problem.