Trade conflict won't 'disturb' reform pace

Nation to focus on upgrading high-tech, manufacturing sectors, economist says

Trade pressure will not disturb China's pace in deepening market-oriented reforms, upgrading manufacturing or improving technology-intensive production, according to a Chinese senior economist.

"No matter what happens, we will improve our market institutions, complete the transition to a well-functioning market economy and further open up," said Justin Yifu Lin, dean of the Institute of New Structural Economics and honorary dean of the National School of Development at Peking University. Lin spoke in a recent exclusive interview with China Daily. "It is good for China, and it is good for the rest of the world."