Following the conclusion of the 10th National People's Congress & Chinese People's Political Consultative Conference held recently, the Honourable Jeffrey Lam, SBS, JP, Legislative Council Representative, Hong Kong General Chamber of Commerce Managing Director and Forward Winsome Industries Ltd, analyzed the recent Chinese initiatives on substantial economic development and, in the face of the sub-prime crisis in the US, how well China was able to withstand its impact and where China's economy was heading and by what means. Dr. Willy Lam, Adjunct Professor at the Chinese University of Hong Kong, the University of Hong Kong and Akita International University in Japan, assessed the prospects for economic and political reform, the political significance of the Olympics and the 30th anniversary of Deng Xiaoping's reform crusade.