The structures and policies needed to implement this vision are equally important. Financial market design, environmental innovation, social policies regarding migration from rural to urban areas, a social safety net, and quality education programs are the means to realize these goals.
Many dreams of development are confused by the promotion of policies that promise an illusory progress that may enrich a few but offer little contribution to the quality of life for society at large. In the West, the deification of wealth has created many problems along with any progress that has been achieved precisely because many of those nations have chosen to celebrate markets rather than measure them for their contribution to humanity’s needs.
China today, and in particular the Shenzhen/Qianhai region experimental zones, enjoys a great opportunity to enhance human development. The visions and policies created here can have great impact on the vitality of the region and the Chinese nation. Tsinghua University and the Institute for New Economic Thinking are inspired to team together to foster innovative ideas and humane policies that will lead to a dynamic, prosperous, and healthy future for China and the world.