
The 11th Forum on China’s Macroeconomic Performance and Policies
The Forum on China’s Macroeconomic Performance and Policies(the Forum)has been meeting annually since 2000.It is sponsored by Chinese Academy of Social Sciences,launched and organized by the Institute of Finance and Trade Economics(now National Academy of Economic Strategy)of CASS.The forum serves as a platform for public discussions on major macroeconomic trends each year,through which CASS can fully leverage its role as a think tank in macroeconomic research and policymaking.
In the past decade,the Forum covered public policies,housing policies,development of the service industry and the open economy,and the ninth,tenth and eleventh Five-year Plans,surrounding topics such as fiscal policies,monetary policies,trade and investment policies.During the Forum,participants have access to policy interpretations by authoritative decision makers and in-depth analyses by senior scholars.The Forum invites not only local scholars but also China experts from all over the world,including US,Canada,Australia,Italy,Japan,Hong Kong,Macao and Taiwan.The forum has produced positive results as it now provides important input to China’s macroeconomic policymaking in addition to academic exchanges.
The 11th Forum on China’s Macroeconomic Performance and Policies is scheduled for December 3,2010,and will be held in Beijing.Its theme will be “Macroeconomy and Price Reform”.
The 2010 Government Work Report clearly pointed out that new opportunities for great development may arise as the world economy experiences tremendous transformation and readjustments after the financial crisis.However,there might be greater fluctuations in international commodity prices and major currency exchange rates due to the fact that global economic recovery is not guaranteed and financial risks are not yet eliminated.With respect to China,there are increasing signs of economic recovery,while the situation is complicated by difficult issues such as significantly greater inflation expectation,climate change,problems with food security as well as those in energy and resource price reform.More uncertainties underlying economic growth home and abroad bring new issues and challenges as China tries to transform its growth patterns,improve fuel efficiency,reduce carbon emission,develope a low carbon economy,further price reform and achieve macroeconomic targets.Enhancing macroeconomic control is held to higher standard.
In order to ensure that economic growth targets are reached,economic structural readjustments are expedited and inflation expectations efficiently managed,this forum sets its theme as “Macroeconomy and Price Reform”.Major topics for discussions include analyzing China’s macro-economic performance after the financial crisis,managing inflation expectations and macro-economic policies,deepening price reform and regulations of energy and resource prices,price fluctuation and China’s pricing power on international bulk commodities.
The forum organizer plans to invite experts and leaders from macroeconomic management authorities such as National Development and Reform Commission,the People’s Bank of China and other renowned scholars representing think tanks all over the world.They will discuss topics in macroeconomic development,key issues of price reform and ways to improve macroeconomic control.This forum is going to be very important and practically relevant as it will try to provide an analysis of the external environment and internal conflicts facing China’s economic development and growth,push further price reforms,find ways for China to have a greater power and a bigger say in international energy and resource pricing,look at how to optimize macroeconomic control tools and also offer policy proposals to government decision makers.