After ten years of hard work, it is just the time to set sail on the Huangpu River. On November 26, the 2022 annual meeting and the 10th anniversary of the China Chief Economist Forum was held in the World Reception Hall at the North Bund of Hongkou. Attending the meeting were Wu Qing, Standing Member of the CPC Shanghai Municipal Committee and Executive Vice Mayor, Tu Guangshao, Member of the CPPCC National Committee and Chair of Shanghai New Financial Research Institute, Xia Bin, Chair of the China Chief Economist Forum and former Counselor of the State Council, Hua Yuan, Deputy Secretary-general of the Shanghai Municipal Government, Lu Ming, Deputy Chief of the CPC Hongkou District Committee and Acting District Governor, Ge Ping, Deputy Director of Shanghai Local Financial Supervision and Administration Bureau, and Chen Shuai, Deputy Governor of Hongkou District.
The annual meeting lasts for two days, with a gathering of celebrities. Also participating in were Xia Bin, Chair of the China Chief Economist Forum and former Counselor of the State Council, Lian Ping, Chair of the China Chief Economist Forum, Chief Economist and President of the Research Institute of Zhixin Investment, Sheng Songcheng, President of the Research Institute of China Chief Economist Forum and former Director of the Central Bank's Department of Statistics, as well as many chief economists of leading financial institutions at home and abroad, experts and scholars in the industry, and representatives of financial institutions and entrepreneurs.
The report made on the 20th CPC National Congress mapped out a grand blueprint for the development of the cause of the Party and the country by the middle of this century, that is, to comprehensively build a strong socialist modernization country, achieve the second century goal, and comprehensively promote the great rejuvenation of the Chinese nation with the Chinese path to modernization. Against this background, the theme of the annual meeting is "Chinese-styled Modernization - Future Economic Trends". Focusing on such keywords as the 20th CPC National Congress, new globalization, economic transformation, Chinese-styled modernization, asset allocation, etc., the chief economist and experts from all sides were invited to discuss exchanges and share wisdom, and on the basis of interpreting the global political and economic situation, they discussed the high-quality development strategy of China's economy, provided investors with a unique insight into global asset allocation strategies and capital market opportunities and pointed out the direction for investors.
At the meeting, the Shanghai Chief Economist Financial Development Center was officially inaugurated. Based on the strong foundation of a large number of chief economists on the forum, the Shanghai Chief Economist Financial Development Center will further gather experts in the financial field to complement each other's advantages. In the future, it will use a more solid research force to open up the information barrier between policy, market and academia, carry out research activities, to better serve the formulation and implementation of economic and financial strategies in Hongkou District, Shanghai City and even the country.
The annual meeting also released the new books "Economic Decade" and "Logic of Chief Economists", as well as the China Chief Economist Forum Commodity Index.
It is worth mentioning that this annual meeting coincides with the tenth anniversary of the establishment of the China Chief Economist Forum. Since its establishment in Lujiazui in November 2012 and its settlement in Hongkou at the end of 2016, with the strong support of the Shanghai Municipal Party Committee, the Shanghai Municipal Government and the Hongkou District Government, the Forum has always kept pace with the times, developed with the real economy, fulfilled its original mission of delivering the most authentic voice of the market, based on its own resource advantages, exported valuable financial content, and grown into a high-end consulting think tank for China's economic and financial policy research.
Over the past decade, the forum has not only tracked the trends that affect the global and domestic economy all year round, but also explored the development trend of the macro-economy and the regional economy by holding annual meetings, seminars, online forums, releasing videos, research papers and other forms, and identified and warned of market risks that may affect the development of the economy, finance and trade. It also serves the highest decision-making consultation of the country, interprets policies, studies and judges the situation from the market perspective, and provides opinions and judgments to the decision-making layer, More importantly, we put forward solutions to practical problems in economic growth and financial market development. We not only shoulder the role of high-end think tanks for economic and financial policy research, but also use proverbs to tell the world a good story about China's economy, which has contributed to China's image of overcoming difficulties and achieving stability on the world stage.
Xia Bin, Chairman of the China Chief Economist Forum, said at the meeting that the achievements of the forum in the previous decade had been turned over. In the future, the forum would think more forward-looking about some major and fundamental issues in the process of China's sustainable economic development, especially the specific steps and approaches of long-term strategies, think about losses and gains of short-term issues and carry out the high-quality research on the transition of short-term policies and long-term policies, and put forward more practical and operational policy recommendations, which enables the forum to play a greater role in the historical period when China becomes a modern power.