2023-11-10 14:12:09
Peking (ots/PRNewswire) – The 2023 Financial Street Forum Annual Conference, held in Beijing from Wednesday to Friday, serves as a nationwide platform for authoritative financial policy release and benevolent interaction between finance and the real economy, and aims to set a benchmark for China’s financial reform and development and openness , promote collaboration and win-win outcomes on the global stage.
More than 400 high-profile guests from over 30 countries and regions around the world will exchange their views on current economic and financial issues and explore opportunities for international cooperation, ways to address global economic challenges and perspectives on how the financial sector can better contribute to economic development .
Under the theme “Better China, Better World – Strengthening Financial Openness and Cooperation for Shared Growth and Mutual Benefits”, the conference will consist of a main forum, three parallel forums and overall There will be 22 sessions co-hosted by the Beijing Municipal People’s Government, the People’s Bank of China, the National Financial Regulatory Administration, the China Securities Regulatory Commission, the Xinhua News Agency and the State Administration of Foreign Exchange.
The five main forums focus on issues such as strengthening international dialogue on macroeconomic policies to increase global economic and financial resilience. The heads of financial regulatory departments, members of political committees, stock exchange directors and CEOs of well-known multinational companies were invited to lead extensive discussions.
Beijing Party Secretary Yin Li said at the opening ceremony that China’s financial market is large, full of potential and developing rapidly; With a solid foundation in the real economy, it has become a crucial force in maintaining global financial stability.
As a national financial management center, Beijing has rich financial resources, a concentration of financial institutions, a wealth of financial talent, and is at the forefront of researching and implementing financial reforms, he said.
Pan Gongsheng, Director of the People’s Bank of China and Administrator of the State Administration of Foreign Exchange, noted that monetary policy will pay more attention to cyclical and countercyclical adjustment, maintain adequate and abundant liquidity, support stable economic growth and support key policies, Key areas and weak links will increase.
The market will play a crucial role in forming the exchange rate at an appropriate equilibrium level, he explained.
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