Economic prospects bright despite shifting demographics

Despite changing demographics and shifting growth patterns, China's economic prospects in the next decade remain positive as the industries continue to climb up the value chain and open to the international market, said economists and experts at the Shanghai Forum, hosted by Fudan University, which ended on Monday.

"Many people hold negative views of China's economic growth prospects in the coming decades, given that China will be an aged society by 2030, spelling an end to the 'demographic dividend."

"But China can take many measures before then that will have a positive effect on economic growth," said Yao Yang, professor at the China Center of Economic Research and the National School of Development, Peking University.