President Zhao Zhongxiu was invited to attend the 20th Anniversary Global Annual Meeting of the International Financial Forum
And employed asForumChairman of the Fifth Academic Committee
w88 casino News Network (Contributed by the Party w88 casino Office）On October 28, the 20th anniversary global annual meeting of the International Financial Forum (IFF) opened in Nansha, Guangzhou. Zhou Xiaochuan, Co-Chairman of the International Financial Forum (IFF) and Vice Chairman of the 12th Chinese People's Political Consultative Conference, Wang Weizhong, Governor of the People's Government of Guangdong Province, Li Jiachao, Chief Executive of the Hong Kong Special Administrative Region, Han Seung-soo, Co-Chairman of the International Financial Forum (IFF), former Prime Minister of South Korea and Chairman of the Presidential Council of the United Nations General Assembly attended the conference and delivered a speech. Sun Zhiyang, acting mayor of the Guangzhou People's Government, presided over the meeting. Principal Zhao Zhongxiu was invited to attend the opening ceremony and delivered a keynote speech at the event forum.
President Zhao Zhongxiu pointed out at the parallel forum "The Impact of Geopolitical Trends on w88, Supply Chains and Industrial Policies" that the world economy will show a new sign in 2023 - geopolitical tensions and global value chains are also fragmented. The fragmentation of the global semiconductor value chain and market may lead to problems such as harm to innovation, overcapacity, and even have a negative impact on the current very effective semiconductor industry model. He said that it is necessary to re-examine the economic rationality of industrial policy from three perspectives: theory, history and policy, explore and establish the necessary and sufficient conditions for industrial policy to achieve government goals, and when the policy is efficient and increases welfare, and can achieve Pareto improvement. He emphasized that competitive subsidies may create a lose-lose situation and it is necessary to re-examine the rationality of industrial subsidies. It is necessary to reach consensus on industrial subsidies within a multilateral framework and prevent destructive competitive subsidies.
On October 27, the International Financial Forum (IFF) Advisory Committee & Academic Committee meeting was held. President Zhao Zhongxiu and Anton Muscatelli, President of the University of Glasgow, UK, were appointed as co-chairmen of the fifth academic committee of the International Financial Forum (IFF). Regarding the future development vision, short- and medium-term research plans and directions of the International Financial Forum (IFF), President Zhao Zhongxiu proposed,One isIt is necessary to further strengthen the research on the industrial chain in the international financial field, with special emphasis on cooperation with education;Second isWe must focus on establishing an international financial research network, build a platform for publishing working papers in the field of international finance, lead the development of international financial research, and give full play to the important role of international financial forums in the field of global financial governance;Three isFurther improve the quality of the Global Finance and Development Report, expand the breadth of research, and enhance the theoretical depth.
During the annual meeting, President Zhao Zhongxiu had in-depth working communication with the Forum Council and the Forum Secretariat on strengthening the cooperation between the w88 casino and the Forum and jointly promoting the construction of the Forum Research Institute.
It is understood that the International Financial Forum (IFF) was jointly initiated and established in October 2003 by leaders of China, the United States, the European Union and other G20 countries and regions, emerging economies, as well as the United Nations, World Bank, International Monetary Fund and other relevant international organizations. It is a high-level standing dialogue mechanism and multilateral cooperation institution in the global financial field. It is known as the "F20 (Finance 20)" in the global financial field. This global annual meeting is hosted by the Guangdong Provincial People's Government, the Guangzhou Municipal People's Government and the International Financial Forum. It has more than 30 activities, including an opening conference, leadership dialogue, academic summit, special dialogue and parallel forum. Political dignitaries, heads of international financial institutions, experts and scholars, and business representatives from more than 50 countries around the world held discussions and dialogues on major economic, financial, w88 and other issues that have recently attracted widespread attention from the international community.
