China Economic Reform and Development Annual Forum (2022) Gained Complete Success

To promote China’s economic operation, the Institute of China’s Economic Reform & Development and the School of Economics of Renmin University of China (RUC) held the “Restarting China’s Economy – Annual Forum on China’s Economic Reform and Development (2022)” online on December 24,2022.

The first unit of the forum was presided over by Liu Shouying, Dean of the School of Economics, RUC, and Dean of the China Economic Reform and Development Research Institute, who also shared his opinion on “China’s Macroeconomic Situation in 2023”.

Liu Shijin, Deputy Director of the Economic Affairs Committee of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC), predicted that next year’s GDP growth will be about 5.5%, demonstrating a N-shaped trend throughout the year. He believed that future economic development and policy formulation will revolve around the changes in the demand structure. The key to the expansion of domestic demand might lie in an investment shift to promote industrial transformation and upgrading and the improvement of human capital. It is necessary to speed up the construction of a unified national market, and improve the basic systems of the market economy such as property rights protection, market access, fair competition, and social credit.

Liu Yuanchun, President of Shanghai University of Finance and Economics, believed that in the short term, China should aim to improve the overall economic operation and consolidate the foundation of economic recovery. While facing a series of risks, there are still a number of strategic opportunities, and we can be cautiously optimistic about the Chinese economy.

The second unit of the forum was on “Hot Issues in China’s Macroeconomics”, presided over by Yu Ze, Executive Vice President of the Institute of China’s Economic Reform & Development. Wang Tao, Chief China Economist, UBS shared his opinion on China’s economic rebound next year. He suggested that it would be hard for the real estate industry to return to the previous level soon. The actual consumption growth rate is expected to exceed 6.5% next year, but the service industry, flexible employment, and direct income will take time to recover.

The third unit of the forum was on “adhering to the ‘two unwavering’ and boosting market confidence”, presided over by Yu Ze, Executive Vice President of the Institute of China’s Economic Reform & Development. Bi Jiyao, Vice President of the Academy of Macroeconomic Research, emphasized the importance of implementation-based enterprise policies, and the promotion of fair competition and intellectual property rights increase protection.

Finally, Professor Liu Wei, former president of Renmin University of China, delivered a closing speech for the forum.








简介:开云手机官网入口(Renmin University of China)是第一所综合性研究型全国重点大学,直属于教育部,由教育部与北京市共建。

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