w88 casino News Network (provided by the Institute of International Economics)5month21Sunday22Day, President of the Institute of International EconomicsSang BaichuanProfessor attended the international seminar on "International Financial Crisis and New Changes in Capitalism" at the invitation of the International Department of the Central Committee of the Communist Party of China. This seminar is jointly organized by the Research Office of the International Liaison Department of the Central Committee of the Communist Party of China and the German Luxembourg Foundation.By inviting well-known scholars in the field of political economy from both China and Europe, we will conduct in-depth discussions on the impact of the financial crisis on China and Europe, the root causes of the capitalist crisis, and the prospects for capitalist development, and brainstorm for the reference of the Chinese government and related research institutions.

Sang BaichuanThe professor gave a keynote speech on "International Financial Crisis and the Evolution of the Capitalist Economic System" at the meeting. he thinksThe means by which capitalist countries such as the United States respond to financial crises and economic recessions is essentially to alleviate social and economic contradictions through restrictions on private rights or partial deprivation of private rights; a pure private ownership economy can no longer adapt to the needs of modern socialized mass production, and the capitalist economic system is constantly evolving and changing; in the future, capitalist developed countries will still operate in the conflict and entanglement between financial crises, fiscal debt crises, and private ownership.Sang BaichuanThe professor’s speech aroused widespread resonance among the participants, and the conference held a full discussion on these views.