Other panelists today focused exclusively on Japan's economy. They discussed what's behind its stagnation - saying the country was too rigid in implementing structural reforms. They agreed it's something China could learn from.

PROFESSOR JUSTIN LIN YIFU NATIONAL SCHOOL OF DEVELOPMENT, PEKING UNIVERSITY "Any country with a financial crisis definitely has some structural problems. The internal structural reform within Japan included, as a Chinese saying goes, too much talk and too little action, including three measures of Abeconomics after Abe took office. As we know, the first two -- monetary easing and fiscal stimulus -- have been implemented, but the third, the structural reform, has not yet been implemented."

JIA KANG CHIEF ECONOMIST, CHINA ACADEMY OF NEW SUPPLY-SIDE ECONOMICS "Japan's insufficient use of fiscal policy came with insufficient supply-side management, which could not ease the stagnation. Actually, Japan gained a lot of experience in supply-side management during its post-war recovery, something China could learn from, including their experiences in operating a fiscal investment and loan program. But after the 1970s and 1980s, Japan believed its economy was developed, and gradually moved away from its structural reforms."