In fact, a consensus already appears to be emerging concerning the need to reduce China’s dependence on exports, expand trade in services, attract more foreign investment to its services sector, and accelerate the liberalization of exchange rates, interest rates, and cross-border capital flows – exemplified in the establishment of the Shanghai Pilot Free-Trade Zone last year. And, following the Third Plenum of the Chinese Communist Party’s 18th Central Committee last November, China’s leaders declared their commitment to allowing the market to play a greater role in shaping economic outcomes.