A World Bank report released this week said China must implement broad economic and political reforms if it hopes to maintain growth levels of the past 30 years, the Financial Times reported. “China has now reached a turning point in its development path,” said Robert Zoellick, World Bank president. “As China’s leaders know, the country’s current growth model is unsustainable.” The report warned of a “middle-income trap” if critical issues are not addressed, such as government interference in the economy, social inequality, weak rule of law and environmental pollution. The report projects the growth rate will decline to 5.9% by 2021 and 5% by 2026, even if Beijing implements steady reforms. However, postponing necessary changes “risks the possibility of an economic crisis in the future.” Recommendations included strengthening the fiscal system, promoting green growth, expanding social security and fostering innovation. The report was prepared in partnership with China’s State Council Development Research Center.