What is The New Engine for China's Economy?

            The Second Sub-forum of The Third Global Think Tank Summit

 

Sponsor: China Centre for International Economic Exchanges

Undertaker: China Economic Weekly

Time: June 29, 2013 14:30-17:30

Venue: China World Hotel Beijing

1. Summary of China Economic Weekly

China Economic Weekly, sponsored by Peoples Daily, is Chinas only weekly magazine of comprehensive coverage on political and economic issues. Designated as a state-level press (key journal by Publicity Department of CPC Central Committee, one of 63 state-level presses by Information Office, State Council, the only economic publication provided to deputies of the 18th CPC National Congress and the only economic journal provided to deputies of the annual NPC and CPPCC sessions) , it is the official financial and economic publication of Chinese government and ranks among Top Five in China.

With core readers including both government and industrial decision-makers, China Economic Weekly values itself as decision makers reference on economy and offers authoritative and visionary information, news and comments. Since its onset in 2004, its reports and comments has drawn attention from the central leadership, with comments and citations made by seniors leaders including Hu Jintao, Xi Jinping and Wen Jiabao.

China Economic Weekly is published on every Monday and altogether 50 issues per year. It is accessible in Chinese Periodicals Database and China National Knowledge Internet. Its subscribers are from all Chinese provinces and municipalities, as well as 37 countries and regions. With 800,000 elite weekly readers, its volume of subscription is in clear lead among its peers and online reproduction rate ranks in top three of Chinese financial and economic publications.

2. The Topics

Main Forum: What is The New Engine for China's Economy?

Sub-Session I:The way to Transform China's Economy

Background:

Since 2012, the global economic turmoil intensified, facing the financial crisis of global economic recession, whether developed or developing countries, have started a review of the existing economic model and reflection. As a global manufacturing power, China went to the crossroads of economic development and transformation. If the first step of China's reform is the introduction of market mechanisms, to participate in global competition, to achieve optimal allocation of resources, wealth accumulation, labor force, so that China completed the goal that is a transformation from a weak country in economy to a large economic nation, and then, China's economic transformation is needed to know how to transform China from large economic nation into a real economic power. Chinese economy needs transformation, from power of production to power of consumption. There is no doubt that China is on the key road of Critical period of development and reform, the transformation is an important strategic opportunities, and also a breakthrough point to gain the initiative, gain the advantages and win in the future.

Sub-Session II: The way out for urbanization in China

Background:

The party's 18 report states: "Chinese characteristics, adhere to the new industrialization, information technology, urbanization, agricultural modernization, and promote the depth of integration of information technology and industrialization, industrialization and urbanization interaction, urbanization and agricultural modernization, coordination, and promote industrialization, information technology, urbanization, agricultural modernization simultaneous development. "China's urbanization promotion cannot be made enclosure housing, but with the industrialization promoted simultaneously.Industrial development and capital investment from power and to promote industrial transfer and upgrading. Industrial transfer and upgrade not only between countries, inter-regional transfers, but also in eastern China to the Midwest, or from the big cities to medium-sized cities, small cities, small cities and towns, which bring global industry and capital re-adjustment and then select. So, faced with China's urbanization, the global industry and capital will be what kind of opportunities? How will the global business and political leaders choose?

The next decade, China's urbanization rate will continue to maintain rapid growth, there will be 250 million of rural-urban migration, which is equivalent to the entire population of the United States Great Migration. Eventually there will be 500 million Chinese farmers into the city, which is China's urbanization, the scale of the vast, far-reaching. China's urbanization become a major concern worldwide, becoming the new driving force for China's economic growth has become the new engine of the world economy. The process of urbanization in China, how to promote world economic recovery become a global business and political leaders to think about.

3. Schedules

13:30-14:30 Registration

14:30 Opening ceremony

HostJi Xiaolei, President & General Editor Of China Economic Weekly

14:30-14:40 Opening speech

Keynote Speakers: Wei Jianguo, Vice Chairman and Secretary General ,China Centre for International Economic Exchanges

14:40-17:30 Roundtable discussion

HostJi Xiaolei, President & General Editor of China Economic Weekly

14:40-16:00 Sub-Session I: The way to Transform China's Economy

Speakers:

Pascal Lamy,Director General,WTO(Confirmed)

Grzegorz Witold Ko?Pdko,Former Prime Minister, Poland(Confirmed)

Jerrold D. Green, President, Pacific Council on International Policy, the      U.S (Confirmed)

Mohammed Saqib, Secretary General, India China Economic and Cultural Council (Confirmed)

Francoise Nicolas, Director, Institute Fran?ois des relations internationals (Confirmed)

Wook Chae KoreaPresident, Korea Institute for International Economic Policy(Confirmed)

Helmut Hauschild, Director, Germany and Asia Program, Bertelsmann(Confirmed)

Shubhashis Gangopadhyay, Director, India Development Foundation(Confirmed)

 

John Thornton,Chairman, Brookings Institution

Peter Launsky-Tieffenthal, Under Secretary General, United Nations

Daniel Gros, Director, Center for European Policy Studies

Steve Orlins, President, National Committee on United States-China

           Relations

Alberto Forchielli, President, Osservatorio Asia

16:00-16:10 Coffee break

16:10-17:30 Sub-Session II: The way out for urbanization in China

Speakers:

Cheng Yung-nien, Head, Institute of East Asian Studies, National University of Singapore (Confirmed)

Kevin Ludd, Former Prime Minister, Australia

Yuan Chunqing,Provincial Party Secretary,Shanxi Province

Zhang Xiaoqiang,Deputy Director,National Development and Reform Commission

Wang Yiming,Vice-President,National Development and Reform Commission of Macroeconomic Research

Zhang Yansheng, Secretary General, Academic Committee, NDRC

Li Tie, Director, NDRC cities and small towns of reform and development center

Wei Houkai, Deputy Director,Chinese Academy of Social Sciences Urban Development and Environment Research Institute

Zhou Qiren,Head,National Development Research Institute of Peking University

Lu Jiajin,Head,Postal Savings Bank of China

17:30 The end

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