On July 27, 2021, the Hongqiao International Economic Forum Secretariat and the Hongqiao International Economic Forum Research Center will hold the 4th Hongqiao International Economic Forum Interpretation Meeting at the National Convention and Exhibition Center (Shanghai). 
Sun Chenghai, deputy director of the China International Import Expo Bureau, introduced to reporters on the spot that the theme of the 4th Hongqiao International Economic Forum is “The World Economy under a Hundred Years of Changes: Global Economic Cooperation in the Post-epidemic Era”, and the topics of the forum cover global governance Comprehensive and cross-disciplinary topics such as sustainable development, China’s practical experience, and professional technical topics such as consumption upgrading, industrial revolution, agricultural product trade, intellectual property rights, financial opening, etc., will build a new high-end dialogue platform for the global political, business and academic circles.
Deputy Director Sun Chenghai further announced that the 4th Hongqiao Forum will further promote the functions, topics, mechanisms and results of the forum on the basis of the successful experience of the previous three sessions. The promotion of the forum will enhance the professionalization and internationalization of the forum.
For promoting the improvement of the results of the Hongqiao Forum, specifically, the Chinese Academy of Social Sciences plans to release the World Openness Report and “Openness Index” during the forum. In addition, important research reports, cooperation documents and other results will be released during the current Hongqiao Forum, and will be released in a timely manner through various channels such as books, magazines, media, etc., to pass the “Hongqiao Wisdom” to the world and make the Hongqiao Forum an international public product To be known to more people, and to share the benefits of open development with the world.
The Hongqiao International Economic Forum is an important part of the CIIE. It is co-sponsored by the Ministry of Commerce of the People’s Republic of China and the Shanghai Municipal People’s Government. The World Trade Organization, the United Nations Development Program, International organizations such as the United Nations Conference on Trade and Development, the Food and Agriculture Organization of the United Nations, the United Nations Industrial Development Organization and the International Trade Center act as cooperating units, and are hosted by the China International Import Expo Bureau and the National Convention and Exhibition Center (Shanghai). President Xi Jinping has attended the opening ceremony of the CIIE and the main forum of the Hongqiao Forum for three consecutive years, and delivered a keynote speech, announcing a series of major opening-up measures in China to the world, and calling on all countries to join hands to face challenges and build an open world. Economy, building a community with a shared future for mankind.
In the official-industry-academic interpretation discussion session of the interpretation meeting, Wang Jincheng, member of the Party Group and Secretary of the Secretariat of the China Association for Science and Technology, Wang Huiyao, Chairman of the Globalization Think Tank and Counselor of the State Council, China Jin Xu, President of the International Trade Association, National Development Research Institute, Peking UniversitySecretary of the Party Committee and Changjiang Scholar Yu Miaojie, L’Oréal North Asia President and China Chief Executive Fei Borui, and Senior Researcher Zhang Xingrong of the Bank of China Research Institute, talked about “the path and trend of global economic recovery after the epidemic” and “how the WTO should play a better role. Serving the development of the global economy”, “how to build an open world economic system and system” and other topics were discussed.
In view of the huge impact of the epidemic on the global economy, Jin Xu, president of the China Institute of International Trade, believes that in the short term, the epidemic will bring some twists and turns to globalization. The control measures include some restrictive measures, which have a certain negative impact on current international trade, international investment and other cross-border activities, resulting in the hindrance of the international industrial chain, and so on.
Wang Jincheng, a member of the China Association for Science and Technology Party Group, pointed out that in the short term, the new crown pneumonia epidemic should be said to be repetitive, and the epidemic prevention and control situation is still severe, which has aggravated the global economy. Uncertainty and instability have highlighted the importance of the global economic governance system.
Wang Huiyao, chairman of the globalization think tank, said that first, the problem of the epidemic has reduced the credibility of the global institutional system. The second is that the digital economy brings a new growth point to the overall global economy. The third is that the wide-ranging, in-depth and long-term economic impact exceeds expectations.
Regarding the path and trend of global economic recovery after the epidemic, Yu Miaojie believes that the once-in-a-century epidemic has reconstructed the global industrial chain, supply chain, and trade chain. If it is said that before the epidemic, the prerequisite or goal of economic and trade cooperation among countries around the world is to pursue an efficiency, and efficiency has priority. However, due to the impact of the new crown epidemic, it is possible that the priority of efficiency and benefits will give priority to safety.
Regarding the path and trend of global economic recovery from the epidemic, Zhang Xingrong puts forward his own observations. Although the economy is partially recovering, the path is tortuous and may be inadequate, unbalanced, and uncertain. Features. The insufficiency is because some long-term structural problems that existed before the epidemic have not been resolved, and some of them are still getting worse to a certain extent, such as the problem of the gap between the rich and the poor, the problem of debt, and so on. The imbalance is due to the different overall strengths of countries, and the different sizes of fiscal and monetary policies, leading to different degrees and speeds of recovery. Uncertain, mainly because the balance sheets of central banks of various countries have gradually contracted after the epidemic, and global liquidity may face an inflection point. Those economies with weaker internal finances and high external dependence may face more shocks and difficulty in recovery. If it increases, there may be a local crisis, which is worthy of attention.
“In such a recovery, IThe connection between people and people is inseparable. We cannot stand still or separate. The connection between people and people is more important than ever, because we live on the same earth together. To fight the same virus and the same disease, we also need to work together. The CIIE is a good example of cooperation. It requires all parties to gather their strengths to build a better future.” L’Oréal North Asia President and China Chief Executive Officer Fei Bori said on global economic cooperation in the post-epidemic era. Such an understanding.