After more than three years of crown disease epidemic, the Chinese government sets the target of this year's economic growth at about 5 %, which is the low -end market expectation.What does conservative economic growth goal mean?After the new Chinese government leadership team takes office, how will China's economic environment and policies change?
Three experts and scholars and business people who have long observed China's political and economic trends will be analyzed for the audience at the "Interpretation of the two sessions" forum in the "Interpretation of the two sessions" in the end of this month.
This annual forum organized by the Singapore United Morning Post and the China Commercial China, in addition to inviting Chen Guangyan, a professor of economics at Nanyang University of Science and Technology, who "interpreted the two sessions" for the local audience for several years, and Xie Dongming, the research director of the Overseas Chinese Bank of ChinaGuests, this year, he also invited Wu Laishun, chief representative of Jibao Enterprise China and President of Jibao Capital (China).
Through the policy direction of the China Conference (National People's Congress and the annual meeting of the CPPCC), Chen Guangyan and Xie Dongming will analyze the economic trend of China after the epidemic; Wu Laishun, the representative of the industrial and commercial community, analyzes China's business prospects from the perspective of the business community.
Chen Guangyan: 5 % of the growth rate target shows that economic growth is no longer overwhelming
Chen Guangyan commented in the interview that the target of about 5 % of the economic growth rate set by China this year is "insufficient commitment and more than delivery", indicating that the new Chinese leadership team no longer regards economic growth as an overwhelming task.
He predicts that the Chinese government's subsequent policies will focus on re -balance, such as transferring infrastructure investment to the development of hard technology such as domestic consumption and more attention to the semiconductor industry.National security, self -reliance, digital economy, financial stability, and creation of employment will all be the keywords of future government work, and it will also be the main entry point of Chen Guangyan's analysis of China's economic trends on the "interpretation of the two sessions" forum.
Xie Dongming pointed out that the target of economic growth this year is conservative, which means that the Chinese government will pay more attention to the quality of economic growth. It is no longer just the amount of growth.Essence
He said that how the growth rate will affect currency, fiscal and industrial policies, and how to affect the market is worthy of attention.
Wu Laishun: Foreign company strategy and methods must be adjusted to cope with the new development stage
Wu Laishun said that China is an important economy and investment destination. While China continues to optimize the business environment, foreign -funded enterprises need to adjust their strategy, implementation capabilities and methods to cope with China's new stage of development.
TheThe "Interpretation of the Two Sessions" forum has been held for many years, and it has been well received. Last year, it was upgraded to the flagship activities of perennial China.This year's forum is subject to the "Outlook of China after the epidemic". Han Yonghong, deputy editor -in -chief of the United Zaobao and editor -in -chief of Lianhe Zaobao (China), will continue to be the host.
Chen Guangyan has deeply cultivated economics and observed the Chinese economy for many years.From 1985 to 1988, when Dr. Wu Qingrui, former Vice Premier of Singapore, was invited to provide consultation with China's economic development strategy, Chen Guangyan was Wu Qingrui's chief assistant.Chen Guangyan was also a senior economist at the representative office of the World Bank in China.
Xie Dongming has focused on the economic research of the Greater China region for nearly 20 years, and has widely paid a wide range of attention to local social pulse and China's diplomatic environment.
Wu Laishun has 35 years of experience in doing business in China, familiar with China's foreign policy, and the development and construction of the new China Suzhou Industrial Park and Tianjin Ecological City, which has participated in the cooperation between the two countries, and has rich experience and deep experience in investing in China.
Interpretation of the China Two Sessions Forum
China Economic Outlook after the epidemic
Date: March 23, 2023
Time: 7 pm to 9 pm
Location: Singapore Bay Bay Binle Yazhen Selection Hotel
Guest of the main lecturers: Chen Guangyan, a professor of economics at Nanyang University of Technology, Xie Dongming, director of the research head of the Greater China of Overseas Chinese Bank, Wu Laishun, chief representative and president of Jibao Capital of Jibao Enterprise
Host: Han Yonghong, deputy editor -in -chief of United Zaobao
Language: Motor in Chinese, providing English -speaking in English
Registration method: Scan the QR code to fill in the form to register, the charging is 10 S $ 10, provide refreshments on the spot