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“2019 China Economic Forum” and “2019 China–US Economic Track II Dialogue” held successfully in New York

2019-01-18

The “2019 China Economic Forum” was held in Citigroup Center in New York on the morning of January 10th, local time in New York. This is the 10th consecutive forum held by the National School of Development (China Center for Economic Research) in New York.

Representatives from China attending the forum included Dr. Qin Xiao, former chairman of China Merchants Group and China Merchants Bank; Professor Lin Yifu, honorary dean of the National School of Development, Peking University; Professor Yao Yang, dean of the National School of Development, Peking University, and vice deans Professors Huang Yiping and Lu Feng; Professor Cha Daojiong of Peking University School of International Relations; Dr. Huang Haizhou, equities department head and management committee member of China International Capital Corporation (CICC); Dr. Liang Hong, research department head and management committee member of CICC; and Dr. Xu Gao, Chief Economist of Everbright Securities Asset Management.

Representatives from the United States (US) attending the forum included Steve Orlins, President of the National Committee on US–China Relations; Dr. Nicholas Lardy, Senior Research Fellow of the Peterson Institute for International Economics; Ms. Catherine Mann, Global Chief Economist of Citigroup; and Mr. Daniel Rosen, co-founder of Rhodium Group. More than 300 local participants from the fields of economics, business and journalism attended the forum to interact with invited guests.

Dr. Qin Xiao first gave a keynote speech on the trade dispute between China and the US. Professor Lin Yifu then conducted an analysis and proposed projections for world economic trends as well as economic trends for China and the US in 2019. In addition, Dr. Nicholas Lardy, Ms. Catherine Mann, Dean Yao Yang and Professor Lu Feng engaged in discussions surrounding the China–US trade dispute and possible solutions; Mr. Daniel Rosen, Dr. Huang Haizhou, Vice Dean Huang Yiping, Dr. Liang Hong and Dr. Xu Gao talked about the  hotspot issues such as future economic and financial reforms for China and the US.

The 2019 “China–US Economic Track II Dialogue” was held in New York on January 8th and 9th. The dialogue adopted a closed-door approach, during which representatives from both China and the US engaged in heated and in-depth discussions on key issues, including the present economic situation of the two countries, prospects and trends of China–US trade, the impact on related fields as well as the policy of “competitive neutrality”. Apart from the Chinese representatives named above, the dialogue was also attended by more than a dozen representatives from the US, including Ms. Carla A. Hills, former US Trade Representative; Mr. Maurice Greenberg, chairman of C.V. Starr & Co.; Mr. Robert E. Rubin, former US Secretary of the Treasury; Professor Martin Feldstein of Harvard University; Mr. Steve Orlins, President of the National Committee on US–China Relations; Ms. Constance L. Hunter, KPMG Chief Economist; Professor Stephen Roach of Yale University and Dr. Nicholas Lardy, Senior Research Fellow of the Peterson Institute for International Economics.

The “China–US Economic Track II Dialogue” sessions began in January 2010 and are held twice annually, alternately in the cities of New York and Beijing. It aims to help academic and business communities from both countries digest the positive results from dialogue sessions between both governments, as well as increase mutual understanding and trust among the public of both countries. Written records and observation reports are made after each dialogue session and submitted to relevant department heads for reference.