The Global Institute for Tomorrow (GIFT) invites you to join a distinguished panel of experts for a discussion on China’s economic prospects and its global impact, going beyond ideological narratives and commonly cited statistics with a narrow focus on metrics such as consumption and investment performance. This event offers an opportunity for policymakers, academics, businesspeople, and the public, to gain a comprehensive understanding of China’s economic landscape, its planned reforms, and the outlook for the future.
Theme:China’s Economic Prospects and Global Impact
Date: Thursday, 11 July, 2024
Time: 14:00-18:00 (UTC+8)
Conference website: https://conference.global-inst.com/the-impact-of-china-next-stage-of-development-influence-programme
Zoom registration link: https://us02web.zoom.us/webinar/register/WN_fzjvmqXnQEKjILbX8yeuXg#/registration
Conference Programme
14:00 – 14:15 Welcome Remarks
Chandran Nair, Founder & CEO, Global Institute For Tomorrow (GIFT)
14:15 – 14:45 Opening Keynote
Dr. Keyu Jin, Tenured Professor of Economics at the London School of Economics and Political Science (LSE)
14:45 – 16:00 Panel 1: Understanding China’s Economic Transformation – Why, What, and How
Despite achieving enviable growth rates that exceed most major economies such as the U.S., China’s recent economic woes have become the subject of global headlines. There is much speculation on the nature of the transformations taking place in China and on the policy drivers for the structural reforms that it is undertaking. Much of this is driven by geo-politics, but also by domestic concerns on the sustainability of the established approaches to development and growth. As China embraces a philosophy of development that emphasises quality improvement, there is a need to transcend traditional metrics, and engage in deeper discussions about the country’s ongoing economic transformation that harbours both opportunities and challenges.
The panel of experts will provide insights into the internal and external driving factors behind China’s reforms and the direction it is taking, the challenges to be addressed, and the strategies it is employing to achieve its objectives.
Areas of discussion will include:
The rationale for China’s structural changes.
Key areas of China’s economic transformation.
How are growth and high-quality development being redefined.
Panellists:
Dr. Erik Berglöf, Chief Economist of Asian Infrastructure Investment Bank (AIIB)
Dr. Horst Löchel, Professor of Economics and Co-Chairman of the Sino-German Centre e.V.at Frankfurt School of Finance & Management
Professor Shenglin Ben, Professor & Dean of ZIBS (International Business School) and Dean of AIF (Academy of Internet Finance), Zhejiang University
Moderator:
Chandran Nair, Founder & CEO, Global Institute For Tomorrow (GIFT)
16:00 – 16:10 Intermission & Conference Setup
16:10 – 17:30 Panel 2: Global Impact of China’s Economic Transformation
Having achieved double-digit GDP growth rates averaging 9.5% from 1978 to 2018, China became the factory of the world. Its export of goods alone is in the magnitude of trillions of dollars. Thus, along with its complex interdependencies that span the globe, China had also cemented a central role in the globalised economy. Today, as a more mature economy, the country faces challenges such as rising labour and production costs, threats of protectionism by major economies like the U.S. and Europe, and increased competition from other developing countries.
In light of China’s ongoing economic transition, the panel will provide insights into global implications of this shift. The discussion will primarily focus on how China’s structural change will affect the Asian region and the wider world in both the short and long term. Additionally, this panel will explore how these changes will influence China’s relations with rising ASEAN and African countries, as well as Western nations.
Areas of discussion will include:
How Western governments will respond to the economic transformation in China and especially in relation to how it impacts them.
How is this transformation viewed from the perspectives of other nations, particularly in Asia and Africa.
How China’s economic transformation will shift the balance of power globally.
Panellists:
Professor Amal Nagah, Elbeshbishi Economist of UN Economic Commission for Africa
Christine Susanna Tjhin, Co-founder and Director of Strategic Communication &Research of Gentala Institute
Dr. Edward Tse, Founder and CEO of Gao Feng Advisory Company
Dr. Srikanth Kondapalli, Professor in Chinese Studies of Centre for East Asian Studies, Jawaharlal Nehru University (JNU)
Moderator:
Eric Olander, Editor-in-Chief of The China-Global South Project
17:30 – 18:00 Closing Remarks
Chandran Nair, Founder & CEO, Global Institute For Tomorrow (GIFT)
Original Chinese link:
https://mp.weixin.qq.com/s/siHJjIVMunFyVmQ4ZLw2gQ
Edited by: YJ
Checked By: LYJ
Contact: v10@cbcgdf.org; +8617319454776
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