Gary Locke, the U.S. Ambassador to the People's Republic of China, speaks about why China must enact financial reforms and hopes that changes will be announced by China's new leadership during the Third Plenary Session of the 18th Communist Party Central Committee in November 2013.

Locke was a keynote speaker at the fourth annual China 2.0 conference hosted by Stanford Graduate School of Business on October 3, 2013. 

Watch Ambassador Locke's full video here.