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Exploring global economic trend and the globalization of Chinese companies

2013-05-19
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The first Global Economic Forum, hosted by the International Cooperation Center of National Reform and Development Commission (NDRC), was held on May 18th at the China Imperial Springs International Summit Convention Center in Guangzhou.

Chen Changzhi, Vice Chairman of the Standing Committee of the National People's Congress; Li Tieying, former member of the Political Bureau of the CPC Central Committee; and Cheng Siwei, Vice Chairman of the Ninth and Tenth NPC Standing Committees wrote congratulatory messages for the Forum:

Mr. Cheng Changzhi wrote: Seek development through competition.

Mr. Li Tieying wrote: Contribute to the welfare of society and people through win-win cooperation.

Mr. Cheng Siwei wrote: Send a resounding message to the world: Seek truth through pragmatism.

Mr. Cheng Siwei, Vice Chairman of the Ninth and Tenth NPC Standing Committees and a renowned economist, and Professor Robert A. Mundell, a Nobel Laureate for Economics and "Father of the Euro," delivered two keynote speeches titled, respectively, International Economic Situation and China Economic Challenges, and Developing Trends in the International Monetary System and the Implications on China.

Mr. Song Hai, Deputy Secretary-General and Member of the 12th Session of Standing Committee of the C.P.P.C.C. National Committee and former vice governor of Guangdong Province, moderated the morning's session and Mr. Xu Shaohua, Executive Vice Governor of Guangdong Province, delivered the opening speech. Mr. Zhang Xiaoqiang, Vice Minister of the National Development and Reform Commission made a keynote speech on China's Overseas Investment Situation and Policies. Mr. Yu Jianhua, Assistant Minister of Commerce and Mr. Le Yucheng, Assistant Minister of Foreign Affairs, gave speeches on the "Global Foreign Trade Situation and Future Prospects" and "China's Role in International Affairs," respectively.

Mr. Sui Guangjun, Executive Vice President of the Guangdong Research Institute for International Strategies, hosted the morning’s panel discussion. He was joined by Mr. Shi Jun, Deputy Director of the Economic Committee of the 12th C.P.P.C.C.; Mr. Tomson Dongsheng Li, Chairman, CEO and founder of TCL Corporation; Mr. Li Cheng, Chairman and Party Secretary of Guangdong Guangxin Holdings Group Ltd.; and Mr. Liu Wei, Chairman of PCI Group. The panelists conducted extensive discussions on the theme of Mr. Cheng Siwei's keynote speech.

Mr. Cao Wenlian, Director of the International Cooperation Center of the National Development and Reform Commission (NDRC) and Vice Secretary-General of the China International Center for Economic Exchanges, moderated the afternoon session of the Forum, including a dialogue with Mr. Mundell following the panel discussion. During the panel discussion, panelists including Mr. Luo Han, Chairman of the Supervisors Board under SASAC; Mr. Qiao Shibo, General Manager of the China Resource Group; Mr. Li Jianhong, President of the China Merchants Group Limited; and Mr. Fu Jijun, Chairman and CEO of China Consultants of Advisory and Finance Management Co., Ltd., carried out an in-depth exchange of views on the theme of “Internationalization and Risk Management of China Enterprises.”

Other major guests at the Forum included Mr. Tony Burke, Minister of the Environment and Sustainable Development Ministry, Government of Australia; Mr. Luo Han, Chairman of the Supervisors Board under SASAC; Mr. Shi Jun, Deputy Director of the Economic Committee of the 12th Session of C.P.P.C.C.; Ms. Jill Collins, Consul-General of the Australian Consulate General in Guangzhou; and Mr. Wang Dong, Vice Mayor of Guangzhou City, among others. Also attending the forum were scholars and experts from the Research Center on Fictitious Economy & Data Science (FEDS), the Guangdong Research Institute for International Strategies, the Sun Yat-sen University, the Guangdong University of Foreign Studies, and business leaders from renowned companies, including the Qiaoxin Group. Over 100 guests from more than 20 countries and regions, including China, America, Britain, Japan, Singapore, Canada, Finland, Taiwan and Hong Kong, exchanged views on global economic trends and the globalization of Chinese enterprises.

The Global Economic Forum was organized by the International Cooperation Center of the National Development and Reform Commission (NDRC) with academic support from the Research Center on Fictitious Economy & Data Science. Held on a non-regular basis, the Forum is designed to serve as a premium platform for the exchange of views and practical dialogues and to provide support for the decision-making of government and enterprises, in order to facilitate communication and cooperation between companies from home and abroad and advance China's cause of opening-up.


 This article is translated from "探讨全球经济走势与中国企业的国际化路径" news-rounduped by ISIF.


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