On March 24th, the China Global Economic Governance 50 Forum (CGEG50) held its first closed-door seminar in 2023 in the Information and Communication Center at Financial Street. Stephen Roach, a Senior Fellow of Yale University delivered a keynote speech entitled Seminar on Sino-US Relations under Accidental Conflict. Mr. Roach is now the Chief Economist of Morgan Stanley and the former Chairman of Morgan Stanley Asia. The seminar was chaired by Zhu Min, former Deputy Managing Director of IMF, and attended by over 20 guests, including Hu Hao, Head Member of Beijing Financial Street Academic Committee and the Former Supervisor of China Investment Corporation, Jia Qingguo, Professor and Former Dean of School of International Studies at Peking University, and Ju Jiandong, Chair Professor of Tsinghua PBCSF.
Stephen Roach elaborated his views on the current Sino-US relations in conjunction with his new book "Accidental Conflict: America, China, and the Clash of False Narratives.", and proposed three steps to promote the development of Sino-US relations.
Ju Jiandong, Hu Hao, and Jia Qingguo respectively elaborated their views on the competition between China and the United States in the Asia Pacific region, trade protection and globalization, and the establishment of a dialogue and exchange mechanism. They also interacted with Roach over the theme.
In conclusion, Zhu Min summarized that China and the US need to build corresponding structures and mechanisms to address imminent economic and financial challenges and avoid the occurrence of systematic risks.
This meeting was hosted by the China Global Economic Governance 50 Forum, organized by Tsinghua PBCSF, and co-organized by Beijing Financial Street Research Institute.
Supported by Tsinghua PBCSF, CGEG50 was established and is committed to conducting independent and forward-looking policy research with academic support, and providing solutions for China to better participate in global economic governance. CGEG50 will provide in-depth academic and policy research on but not limited to the global economy and finance, international politics, digital technology and digital economy, climate and environmental change, and public health. By holding meetings and releasing reports, it aims to strengthen international exchanges and enhance mutual understanding and support. The forum will also provide policy advice and solutions for major international organizations, large economies, multinational enterprises and financial institutions. It will foster a more justified, fair, efficient and ordered global economic governance system, promoting globalization and the sustainable and high-quality development of the global economy.