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Contributing "Chinese Wisdom" to Global Economic Governance The Baichuan Forum Seminar was held in Shenzhen

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Shenzhen Business Daily Reading Client Reporter Wu Suhong Correspondent Feng Xiaoning

Contributing "Chinese Wisdom" to Global Economic Governance The Baichuan Forum Seminar was held in Shenzhen

- "Although capital is the main driver of globalization, the core of global economic governance is the economic relationship between countries. ”

- "The current great power game is characterized by a negative-sum game"

-- "The development of new quality productive forces requires institutional openness to face geopolitical challenges. ”

On April 27, the Baichuan Forum - "Global Economic Governance: China and the World 2024 Seminar", hosted by the Qianhai Institute of International Affairs of the University of Hong Kong Chinese (Shenzhen), opened in Shenzhen. At the forum, experts and scholars from domestic and foreign research institutions shared their insights on global governance and regional economic policies under the new situation, and jointly entered the "China moment" of global governance.

There are seven major topics

A comprehensive discussion on the new scheme of global economic governance

At present, the global economic governance system established after World War II is facing unprecedented severe challenges and tests. Affected by the interweaving of geopolitics, economic nationalism, emerging technologies and climate change, the fruits of globalization are being eroded to human society, and the concepts, values and consensus of global economic governance are also undermined. In the face of the major shift in the global value chain and the huge challenges in the governance of the global digital economy and science and technology, the world needs to jointly build a more just, strong and sustainable economic governance system, which is an urgent need for both the world and China.

The two-day forum brought together experts and scholars from the National University of Singapore, California State University, the University of Dar es Salaam in Tanzania, Tsinghua University, Peking University, Fudan University and other domestic universities, the Chinese Academy of Social Sciences, the Chinese Academy of Sciences, the Academy of International Trade and Economic Cooperation of the Ministry of Commerce, the China Center for International Economic Exchanges and the National Institute of the Belt and Road Initiative of Serbia.

There are seven major topics in this Baichuan Forum. Topics 1 to 3 discuss the regionalization of the economy and global economic governance, macroeconomic policy and global sustainable development, the logic of global value chain restructuring and the challenges to China, respectively, and discuss in depth the regional cooperation crisis, macroeconomic policy problems and the evolution of global value chains, and look forward to the solutions. Topics 4 to 7 analyze the current situation of global economic governance and the possibility of optimizing governance from four aspects: science and technology, development, digital and the Global South. The seven major topics are all based on economic governance, observing the changes in economic governance in various regions in an all-round way, and giving a sober assessment. Due to the current competition and cooperation between China and the United States in the field of artificial intelligence, the forum has set up a separate topic 4 to discuss global science and technology governance in the era of artificial intelligence.

Contributing "Chinese Wisdom" to Global Economic Governance The Baichuan Forum Seminar was held in Shenzhen

△Group photo of on-site guests (source: organizer)

Top celebrities gathered

Contributing "Chinese Wisdom" to Global Economic Governance

"No one can doubt that the domestic and international economic situation is intertwined. The question is how to solve this problem when there is an imbalance between the domestic and international economy. Professor Zheng Yongnian, Professor of Chinese University of Hong Kong, Shenzhen and Dean of Qianhai Institute of International Affairs, pointed out in his opening speech that China has a different understanding of this issue from the West - China believes that the world economy is the sum of the economies of various countries, and the imbalance of the world economy is also the result of the internal economic imbalance of each country. Therefore, in order to solve the problem of imbalances in the world economy, it is first necessary to solve the problems of imbalances within various international countries, while the West believes that a series of internal problems in countries can only be solved after the problems of the world economy are straightened out. If external problems are not solved, internal problems cannot be solved.

Professor Zheng Yongnian pointed out that the theory of hegemonic stability tells us that whether we want to explain the current state of the global economy or predict its future, we must return to the starting point of what is commonly referred to as the "global economy". Although capital is the main driver of globalization, the core of global economic governance is the economic relations between countries.

Contributing "Chinese Wisdom" to Global Economic Governance The Baichuan Forum Seminar was held in Shenzhen

△Professor Zheng Yongnian delivered an opening speech (Source: Organizer)

Professor Zhang Yuyan, member of the Faculty of the Chinese Academy of Social Sciences and director of the Institute of World Economics and Politics, Professor Zhang Yansheng, chief researcher of the China Center for International Economic Exchanges, and Xue Lan, senior professor of liberal arts at Tsinghua University, current dean of Schwarzman College of Tsinghua University and director of the Academic Committee of the School of Public Policy and Management, delivered keynote speeches.

According to the organizers, the "Global Economic Governance" is a new important theme of the "Baichuan Forum", which aims to build a platform to unite the ideological forces at home and abroad, bring together more people with lofty ideals, make a practical assessment of the future global economic governance, and contribute feasible suggestions for the sustainable development of countries and regions.

Editor: Huang Xiaomin

Review: Qiao Huiqing

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