{"id":3726,"date":"2023-09-15T07:12:00","date_gmt":"2023-09-15T07:12:00","guid":{"rendered":"https:\/\/cdifi.org.cn\/uncategorized\/western-financial-center-asia-partnership-asia-middle-east-production-finance-and-investment-for-transformative-growth-in-the-region\/"},"modified":"2024-07-24T05:11:43","modified_gmt":"2024-07-24T05:11:43","slug":"western-financial-center-asia-partnership-asia-middle-east-production-finance-and-investment-for-transformative-growth-in-the-region","status":"publish","type":"post","link":"https:\/\/cdifi.org.cn\/en\/international-cooperation-en\/western-financial-center-asia-partnership-asia-middle-east-production-finance-and-investment-for-transformative-growth-in-the-region\/","title":{"rendered":"Asia Cooperation in the Western China Financial Centre | Asia-Middle East Industry and Finance Investment Supports Regional Transformation and Growth"},"content":{"rendered":"\t\t
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Recently, the Boao Forum for Asia Economist Roundtable 2023<\/b><\/strong>\u00a0was held in Beijing, with in-depth discussions on the current international and regional economic situation under\u00a0the theme of \u201cNew Drivers\u00a0for Global Development.\u201d Representatives from the China Innovation Finance Institute <\/b><\/strong>| <\/b><\/strong>Chengdu were invited to attend the event<\/b><\/strong>\u00a0and share their research findings on the construction of financial centres<\/b><\/strong>, as well as economic transformation and investment cooperation in emerging markets in Asia, the Middle East, and North Africa.<\/b><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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\n\t\t\t\t\tZHOU Xiaochuan<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tVice-Chairman of the 12th National Committee of the Chinese People's Political
Consultative Conference(CPPCC), Vice-Chairman of the BFA <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tGU Shengzu<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tVice-Chairman of the 13th National Committee of the Chinese People's Political
Consultative Conference(CPPCC)<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Participating economists and experts believe that the global economy today is still struggling with a low growth rate, facing multiple challenges such as climate change, global inflation, geopolitical fragmentation, and weakened international cooperation. Countries around the world should enhance cooperation, uphold multilateralism, promote sustainable recovery, boost trade and investment, rely on technological innovation to empower green development, and join hands to address global challenges.<\/p><\/section><\/section>

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\n\t\t\t\t\tSpeakers:<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tPresident, China International Economic Relations Association<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tZHANG Xiaohui<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tFormer Assistant Governor, People's Bank of China<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tSteven Barnett<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tChief Representative, International Monetary Fund (IMF) in China <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tCAO Li<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tVice President of the BFA Academy\u00a0<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tFabrizio Costa<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tEconomic and Financial Counsellor of the Embassy of Italy in China<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tTadaaki Kawamura<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tMinister Financial Attache\u2019-Japanese Embassy in Beijing<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tElitza Mileva<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tLead Economist, The World Bank<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tGlobal Chief Economist of BOC International <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tChief China Economist, BNP Paribas <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tLU Ting<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tChief Economist, China, Nomura International (Hong Kong) Ltd.<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tDING Shuang<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tChief Economist, Greater China and North Asia at Standard Chartered Bank<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tDING Ming<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tChief Operating Officer, Bank of America China and President, Beijing Branch<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tCalvin Chenggang FU<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tChairman, China Innovation Finance Institute | Chengdu<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tLIANG Xi<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tLead Professor of Infrastructure Sustainability Transformation, University College London(UCL)<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tHead of Macro Economics Unit of British Embassy in Beijing <\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n\t\t\t\t\tChina and Korea Economist, Bank of America Global Research Department<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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\n\t\t\t\t\tMr. Calvin Chenggang FU, Chairman of the China Innovation Finance Institute | Chengdu elaborated:<\/span>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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\u201cEmerging economies in Asia and the Middle East face many challenges in<\/b><\/strong>\u00a0growth and transformation, and opportunities lie in complementary cooperation in the future. The emerging and developed economies in Asia outperform in innovation, technology, talents, production capacity, and markets, while those in the Middle East are rich in energy, capital, and geo-economic influence.<\/b><\/strong>\u00a0Asian countries, especially China, export their production capacity to the Middle East and North Africa, offering high-quality products and services to the Arab world with its cost-effective solutions. And a more sophisticated industrial chain ecosystem is crucial to the digitalized economic transformation and inclusive growth of the Middle East and North Africa. If sovereign wealth funds in the Middle East invest more in high-quality financial assets and innovative enterprises in Asian countries at large, China especially, countries in the Middle East would enjoy a long-term and secure industrial base for sovereign wealth management and economic growth, thus sharing the long-term growth benefits in Asia and China\u00a0through investment. Despite challenges on the way forward, the great potential for cooperation between these two regions in cross-border trade, investment, and financing will be the key driver of their sustainable growth in the future.\u201d<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"

The Boao Forum for Asia Economist Roundtable 2023 was held in Beijing under the theme of \u201cNew Drivers for Global Development\u201d. China Innovation Finance Institute | Chengdu was invited to attend the event and share their research findings.<\/p>\n","protected":false},"author":2,"featured_media":3004,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[25],"tags":[],"class_list":["post-3726","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-cooperation-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/posts\/3726","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/comments?post=3726"}],"version-history":[{"count":0,"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/posts\/3726\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/media\/3004"}],"wp:attachment":[{"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/media?parent=3726"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/categories?post=3726"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cdifi.org.cn\/en\/wp-json\/wp\/v2\/tags?post=3726"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}