The effect of the pay rise on the economy has sparked a lively debate among Chinese academics.

ECONOMIST: China's civil service: The strategy behind a pay rise | The

Japanese and Chinese academics should consider launching a joint initiative of their own, similar to the Japan-Korea project.

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Plus numerous articles, working papers from the World Bank, IMF, McKinsey, AT Kearney, Boston Consulting Group and Chinese academics.

ECONOMIST: Sources and acknowledgements

Many Chinese academics think it can be only a matter of a few years, but the government seems in no hurry.

ECONOMIST: Getting old before getting rich

Just two weeks ago, academics and economists in the Chinese capital were "whispering" that 2009 growth might end up at 5% to 7%, a range then considered exceedingly low.

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The Chinese Academy of Sciences, with a staff of 54, 600 academics, is the biggest science and technology research organization in the world.

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Dr Cheng is one of China's most entrepreneurial academics, having already spun out some of the centre's technology to Chinese and American start-ups.

ECONOMIST: Chinese biotechnology