As China's economy influences virtually every aspect of the U.S. economy and financial markets, understanding its trajectory informs every decision that we make. The National Committee and the China Center for Economic Research (CCER are pleased to invite you to a forum on China's economy in the coming year. It will be held at the New York Stock Exchange from 8:30am to 12:15pm on January 7, 2010, and will feature some of China's leading economists. )

In addition to four economists from CCER, the program will feature Justin Lin Yifu and Qin Xiao. Dr. Lin is the chief economist and vice president of the World Bank and the founder of CCER. He will speak about the paradigm shift in the global growth economic model. Dr. Lin recently defended the Chinese government's currency exchange rate policy against calls for the yuan to appreciate against the dollar.

For more information on this program, contact Ting Wang at (212) 645-9677, ext. 42.

Dr. Qin, the chairman of the China Merchants Group (CMG), will give his perspective on the country's economy. CMG is one of China's largest and best-managed corporate conglomerates. The China Merchants Bank, a subsidiary, was rated No. 1 by the Wall Street Journal for leadership among all publicly-traded Chinese companies in 2009. Dr. Qin, who has a Ph.D. in economics from Cambridge University, recently warned in the Financial Times that the stimulative loose monetary policy, if unchecked, may create asset bubbles in China.

The four CCER economists will focus on China's economy in the New Year. CCER's quarterly forecast is widely read by Chinese policy makers. CCER economists Yao Yang, Wu Ho-Mou, Feng Lu and Huang Yiping will present their forecast and share their research and analysis of several pressing questions: the trajectory of the yuan-dollar exchange rate, the viability of China's export-led model, the prospects for and implications of liberalizing the country's land and energy markets, and the ongoing effects of the Chinese government's stimulus efforts.

Admission is free, but by invitation only. Seating will be limited, and priority will be given to National Committee corporate members. The National Committee is grateful to its corporate partner, the NYSE, for graciously providing the forum venue and to the Peking University Alumni Association of Greater New York for its logistical support.