Contrary to the stereotype that China is "playing a different game" in its bid to outcompete developed economies, it has achieved rapid growth by integrating with the global supply chain on the terms set by major powers — in particular the United States.

This has forced a dramatic transformation of Chinese society. Meanwhile, the Chinese political system, despite one-party rule, is also undergoing rapid changes, including greater competition within the Communist Party as it tries to reform itself in a bid to remain in power.

These were the assessments of MIT experts who discussed ongoing changes in China during the Jan. 23 symposium.