The First Global Economic Forum held in Guangzhou to discuss Global Economic Trends and the Globalization of Chinese Enterprises

The First Global Economic Forum, hosted by the International Cooperation Center of the National Development and Reform Commission (NDRC), celebrated its grand opening at the Imperial Springs International Convention Center, Guangzhou on May 18, 2013. 


Mr. Chen Changzhi, Vice-Chairperson of the Standing Committee of National People’s Congress (NPC); Mr. Li Tieying, Former Member of the Political Bureau of the CPC Central Committee; and Mr. Cheng Siwei, Former Vice-Chairperson of the NPC Standing Committee wrote congratulatory messages for the forum: 


Mr. Cheng Changzhi wrote: Promote development through competition. 


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


Mr. Cheng Siwei wrote: Be original to generate brilliant ideas; be inquisitive to find out truth. 


Mr. Cheng Siwei, Vice-chairperson of the 10th and the 11th NPC Standing Committee and a renowned economist, and Professor Robert A. Mundell, a Nobel Laureate in economics known as the “Father of the Euro,” delivered two keynote speeches, titled “International Economic Situation and China’s Economic Challenges” and “Developing Trends in the International Monetary System and the Implications on China,” repectively. 


Mr. Song Hai, Deputy Secretary General and Member of the Standing Committee of the 12th CPPCC National Committee and former Vice Governor of Guangdong Province, moderated the morning session, and Mr. Xu Shaohua, Executive Vice Governor of Guangdong Province, delivered the opening remarks. 


Mr. Zhang Xiaoqiang, Vice Chairman of the National Development and Reform Commission, made a feature speech titled “China’s Overseas Investment Situation and Policies.” Mr. Yu Jianhua, Assistant Minister of the Ministry of Commerce, and Mr. Le Yucheng, Assistant Minister of the Ministry of Foreign Affairs, addressed the audience with keynote speeches titled “Global Foreign Trade Situation and Future Prospects” and “China's Role in International Affairs,” respectively. 


Mr. Sui Guangjun, Executive Vice President of Guangdong Research Institute for International Strategies, moderated the morning panel discussion. He was joined by Mr. Shi Jun, Deputy Director of the Committee for Economic Affairs under the CPPCC National Committee; 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 discussed the theme expounded by Mr. Cheng Siwei in his keynote speech. 


Mr. Cao Wenlian, Director of the International Cooperation Center of the 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 and the panel discussion that followed. Panelists, including Mr. Luo Han, Chairman of the Supervisors Board of State Assets Supervision and Administration Commission (SASAC); Mr. Qiao Shibo, General Manager of China Resource Group; Mr. Li Jianhong, President of China Merchants Group Limited; and Mr. Fu Jijun, Chairman & CEO of China Consultants of Advisory and Finance Management Co., Ltd., exchanged their 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 of Australia; Mr. Luo Han, Chairman of Supervisors Board of SASAC; Mr. Shi Jun, Deputy Director of the Economic Committee of the 12th CPPCC National Committee; Ms. Jill Collins, Consul-General of the Australian Consulate General in Guangzhou; and Mr. Wang Dong, Vice Mayor of Guangzhou, among others. Scholars and experts from the Research Center on Fictitious Economy & Data Science (FEDS), Guangdong Research Institute for International Strategies, Sun Yat-sen University, and Guangdong University of Foreign Studies, and business leaders from renowned companies, including the KINGOLD Group, also attended the forum. Over 100 guests from more than 20 countries and regions, including China, America, Britain, Japan, Singapore, Canada, Finland, Taiwan and Hong Kong, shared their views on global economic trends and the globalization of Chinese enterprises. 


The Global Economic Forum is organized by the International Cooperation Center of the National Development and Reform Commission, 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. It is aimed at contributing to the decision-making of governments and enterprises, facilitating the communication and cooperation between the companies from home and abroad, and advancing China’s cause of opening up.