China is moving toward 'positive transformation'

Brookings Institution's David Dollar says country in good position for future growth

For David Dollar, a senior fellow at the John L. Thornton China Center of the Brookings Institution, the NPC/CPPCC session is a good opportunity for China to fine-tune its policies.

Dollar said he believes China has the fiscal space to maneuver. It could spend more money and cut some taxes, both targeting consumption, to help bolster the country's transition from an export-driven economy to a consumption-driven economy.