The new leadership should "consider" setting up an institution to oversee reform and redefine the function of government, a leading economist said.
Discussion of China's policy agenda under new leadership is heating up at the World Economic Forum that opened in Swizerland on Wednesday.
Leading government officials and economists say at the World Economic Forum that China should continue to push forward structural reforms.
The new leadership should "seriously consider" setting up an overarching institution to design China's reform agenda to redefine the boundaries of the government.
Climate change is back on the global agenda, with debate in the corridors at Davos given fresh impetus by US President Barack Obama and UN Secretary-General Ban Ki-moon both highlighting it as top priority this week.
Luis Alvarez, the chief executive officer of global services at BT, the UK-based global telecom provider, has been in Davos, Switzerland, for three days, and has had more than 50 one-to-one meetings.
The new leadership of China and Japan is likely to take steps to de-escalate tensions over the Diaoyu Islands.
Outgoing Italian Prime Minister Mario Monti shakes hands with International Monetary Fund (IMF) chief Christine Lagarde at the annual meeting of the World Economic Forum (WEF) in Davos January 23, 2013.
Obesity, a major factor in diabetes and heart disease, imposes costs on both public and private sectors and is a drag on economic growth, but business leaders meeting in Davos can't agree on what they can or should do to address it.
The International Monetary Fund (IMF) chief said on Wednesday that the economic recovery is still weak, and uncertainty is still high.
The global financial structure remains little changed five years on from the onset of the crisis, the deputy director general of the IMF said.
Davos forum
IMF chief: 2013 to be 'make or break' year
Russian prime minister Dmitry Medvedev on Wednesday dismissed challenging comments in saying its economy is in good shape and the country has already embarked on reforms.
Polar icebreaker Snow Dragon arrives in Antarctic
Xi's vision on shared future for humanity
UN's top environmental honors go to three in China
German trains collide near Duesseldorf, several people injured
China beats Germany 7-4 in men's curling Olympic qualification
Bayern beat Paris Saint-Germain 3-1 in UEFA Champions League
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