Brief Agenda to Emerging Economies Forum 2016 (International Academic Conference)
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Brief Agenda to Emerging Economies Forum 2016
(International Academic Conference)
ⅠBrief Introduction
1. Forum Name
Emerging Economies Forum and China Society of Emerging Economies Annual Conference 2016
2. Time and Venue
Date:Nov. 4 to 6, 2016
Duration: 3 days
Venue:Guangzhou Baiyun International Convention Center, Guangzhou, China
3. Organizing Institutions
Sponsors
China Society of Emerging Economies
China International Culture Exchange Center
Guangdong University of Technology (GDUT)
Strategic Partner
Research & Training Institute, Boao Forum for Asia
Guangdong Maritime Silk Road Chamber of Commerce
Co-organizers
Guangdong Zhongxing Holdings Group Co., LTD
Chengdu Guangzhou Chamber of Commerce
Guangdong Economic Committee of China Zhi Gong Party
UIBE Alumni (Guangdong) Association
Organizers
Guangdong Emerging Economies Society
School of Economics and Commerce, Guangdong University of Technology
Institute of Advanced International Studies, Sun Yat-sen University
School of International Relations, Jinan University
Collaborative Innovation Center for 21st_Century Maritime Silk Road Studies
National Economics Research Center, Guangdong University of Finance and
Economics
Emerging Economy Research Center, Zhejiang Gongshang University
4. Participants
Academic representatives from China and abroad, representatives from BRICS and the other emerging economies, diplomats and consulates, and representatives from industries.
The forum is expecting a total of 180 participants, among whom, 150 are from mainland China, and 30 are international participants.
5. Forms of the Forum
(1) Roundtable Meeting:
2017 BRICS Summit Think Tank (Guangzhou) Roundtable
Time: 14:00-17:00,Nov.4,2016.
Venue: Rm.3307,3rd Floor, Block 3.
(2) Annual Meeting:
China Society of Emerging Economies2016 Annual Meeting & Guangdong Emerging Economies Society 2016 Annual Meeting
Time: 19:00 p.m-21:00p.m,Nov.4,2016
Venue: Zhanjiang Ball,3rd Floor, Block 2.
(3) Opening Ceremony, Keynote Speech:
Opening Ceremony of 2016 Emerging Economies Forum, Keynote Speech
Time: 08:30-08:50, Nov.5,2016.(Group Photo)
09:00-09:50, Nov.5,2016.(Opening Ceremony)
09:45-12:00, Nov.5,2016.(Keynote Speech)
Venue: Qinghe Hall, 1st Floor ,Block 1.
(4) Sub-forums (five topics )
Time:13:00-17:30,Nov.5,2016.
Venue:3rd Floor, Block 3.
Rm.3301(Theme of Sub-forum 1:Emerging Economies: To Enhance Growing Potential via Innovation)
Rm.3302(Theme of Sub-forum2: Emerging Economies: Construction of Open Economy through Invigoration)
Rm.3307(Theme of Sub-forum 3: Emerging Economies: To Promote Economic and Trade Cooperation via Interconnection)
Rm.3308(Theme of Sub-forum 4: Emerging Economies: To Achieve Joint Development via Inclusion)
Rm.3309(Theme of Sub-forum 5 (English Session): Emerging Economies and Global Economic Governance)
(5)Theme Dinner and Entrepreneur Dialogue
Time: 18:00-20:00,Nov.5th
Venue:The State Banquet Hall,2nd Floor, Block5
(6)Special Report and Closing Ceremony
Time:09:00-11:00,Nov.6th
Venue:Zhanjiang Hall,3rd Floor, Block2
(Buffet Venue: All-Day Dining Hall,2nd Floor, Block1 and Ling Guan Hall, 2nd Floor, Block5)
Ⅱ Theme and Main Topics
1.Theme
Development of Emerging Economies: Innovative, Invigorated, Interconnected and Inclusive
2.Main Topics
This is an international academic conference on World Economy and Emerging Economies with the following focused topics:
Theme of Sub-forum 1: Emerging Economies: To Enhance Growing Potential via Innovation
1.Estimation and calculation of potential economic growth rate
2.The development and practical change of economic growth theories in new situations
3.Global economic growth potential and dynamic
4.The role and mechanism of innovation in economic growth
5.The innovative strategies and specific measures of major economies
6.Major technological innovation and industrial development trend of emerging economies
7.Emerging economies’ development ceiling and prospect
Theme of Sub-forum 2: Emerging Economies: Construction of Open Economy through Invigoration
8.Basic theories and advanced practice of open economy
9.Orientation of and approach to constructing open economy through invigoration
10.Emerging economies’ development issues in open economic situation and countermeasures
11.Effectiveness analysis for macro-economic policies of emerging economies in the open economic situation
12.Assessment for spillover effect of macro-economic policies in the open economic situation and the international coordination
13.Development difficulties and the trend of open economy in emerging economies
14.Strategic planning and specific measures to enhance developing dynamics of emerging economies
Theme of Sub-forum 3: Emerging Economies: To Promote Economic and Trade Cooperation via Interconnection
15.Economic and trade cooperation theories and practice of emerging economies
16.Cooperative mechanism of emerging economies
17.Interconnection among emerging economies
18.Priority and methods for emerging economies to participate in the “One Belt and One Road” project
19.Infrastructure cooperation of emerging economies
20.Cultural and educational exchange and cooperation of emerging economies
Theme of Sub-forum 4: Emerging Economies: To Achieve Joint Development via Inclusion
21.Inclusive development theories and practice
22.Inclusive development of emerging economies
23.Win-win cooperation and development of emerging economies
24.Complementation and competition among emerging economies
25.Mutual assistance mechanism against risks among emerging economies
26.Financial assistance and development capacity enhancement of emerging economies
Theme of Sub-forum 5 (English Session): Emerging Economies and Global Economic Governance
27.Advanced theories and development orientation for Global economic governance
28.Basic framework and internal logics of global economic governance
29.Development of global economic pattern and economic power comparison
30.Approaches for emerging economies to participating in global economic governance
31.BRICS (Brazil, Russia, India, China, South Africa) and global economic governance
32.Impact on and responses of global economic governance in the face of major areas’ free trade agreement
33.Multi-trade system and global economic governance
34.International finance, investment, trade, production and governance
III Holding Forum's Necessity, Intended Purpose and Significance
1. The Necessity and Significance of Holding the Forum
The core content of the meeting's activities all aims to build "Innovative, invigorated, interconnected, inclusive" emerging economies, to activate emerging economies’ potential output, to implement structural reforms, and to examines how to build emerging economies new development system from the institutional point of view. The meeting will seek to emerging economies' development patterns which adapt to the new normal global economic development, including the basic development system and strategic framework, property rights system, market system, fiscal and taxation and financial system, macroeconomic regulation and control mechanism, etc…
(1)The uncertainty of the global economic recovery is increasing, there is an urgent need to judge the development situation and direction of development emerging economies are facing. At present, the deep impact of the international financial crisis still exists, the world economy recovery zigzags in the depth adjustment, the emerging economies differentiates in their economic increase rate, their economic growth is facing greater pressure. At the same time, a new round of technological revolution and industrial revolution is gaining momentum and a new growth engine is building and new economic growth point and new ways of consumption and production mode forming. In this context, emerging economies need to seize the opportunity for innovative development, strengthen policy coordination and economic cooperation, to boost growth through cooperation, to accelerate the growth power shifting, to face more effectively to a variety of risks and challenges, to achieve sustainable development, to open up new horizons of cooperation and development of emerging economies.
(2)In the key period of structural adjustment in the emerging economies, it needs global experts’ communications and coordination to provide professional ideas to guide the direction. In the next period, the emerging economies are still in a difficult stage of structural adjustment, which will be very difficult to come through. It needs policy coordination, industrial cooperation, technological upgrading and collaborative propulsion to prompt the economy to take off again. At the same time, spillover effects from developed economies policy adjustments should be avoided. . The global economy is experiencing the later period of the medium-term adjustment, the new mode of production is going to be formed, and as a consequence, the emerging economies ought to seize the opportunity to make preparations for the talent, the technology, and the policy to welcome the sustained rise. Changing the population policy, encouraging fertility and vocational training programs, enhancing the comprehensive quality of workers, will lay the foundation to promote the total factor productivity .China should play an important role in this process, become the leader in the development of emerging economies, the builder of cooperation mechanism and the pioneer of the sustained rise.
(3)Using "Innovative, Invigorated, Interconnected and Inclusive" as the theme of the discussion is an important strategic choice to activate the development potential of emerging economies and build the new development system. In the "13th Five-Year Plan" plans Chinese government put forward "construction and development of the new system" as the breakthrough point. By means of the institutional economics, development economics, political economics and international relations theories, starting from the angle of system development, giving a panoramic research and presenting the development of emerging economies, seeking the experience for developing new economic development system in China from various lessons of emerging economies, we want to give basic support to relative strategic implementation and specific policy designing. New economic development system is a very complicated and diversified target system, it needs in-depth and meticulous research, needs to use the economic system reform as traction, needs to correctly handle the relationship between government and market, needs to make breakthrough progress in reforms in key areas and key links, and forms the system and mechanism of the economic development in the new normal. The theme of this meeting will have deep and far-reaching strategic significance to emerging economies, especially to the strong, balanced, sustainable development of China's economy,
(4)For creating a good environment for the development of emerging economies, it urgently needs to deliver true, comprehensive and positive information to the world. At present, the global economic and financial situation is grim; the exception of emerging economies has a very important impact on the development of the real economy. Capital flows to and exchange rate fluctuations in emerging economies are often subject to the influence of international public opinion, under the background of the collective’s negative standpoint even questioned and dampen down emerging market; so there is an urgent need for the real and comprehensive information from emerging economies, which will send a positive signal to the world market. And the thought stimulated by the meeting will condense the efforts and wisdom of scholars at home and abroad, reflects the new thought and viewpoint to practical problems of the experts, scholars and entrepreneurs; comprehensive interpretation and analysis of emerging economy’s Innovative, Invigorated, Interconnected and Inclusive driven growth potential and the prospects for development, which can roundly transmit academic thinking and cognitive consensus from emerging economies to the world, and provides new ideas for the development to promote theoretical innovation and solve practical problems.
2. The Aim of the Forum
The forum aims to strengthen academic exchanges with experts and scholars in emerging economies, explore how to improve the macroeconomic regulation and control system and innovate macroeconomic regulation and control, enhance macroeconomic policy coordination. It will pay more attention to expand employment, promote price stability, adjust structure, improve business efficiency, control risk, protect the environment, and pay more attention to guide the behavior of market and the social expectations, to create a stable macroeconomic environment for structural reforms. Strengthening planning and strategic guiding role, improve the methods of regulation and policy tools, perfecting the policy and decision making mechanism, deepening the reform of investment and financing system.
(1)By academic exchanges and research issues discussing between officials, experts, scholars, entrepreneurs, to accurately predict the global economic situation and the development of emerging economies.
Currently, emerging economies differentiates in economic growth and facing greater difficulties. Expected growth in emerging economies still shows a differentiated status. Over the past four years, emerging economies’ growth performance was weaker than expected, which leads to a weakened expectations in medium-term growth. 2015 developed economies show an acceleration while emerging markets slow down. However, the proportion of emerging markets and developing economies in 2015 global growth still exceed 70%. IMF in April 2016 releases "World Economic Outlook" and expecting the global economy will grow 3.2% in 2016, 3.5% in 2017, emerging economies are expected to grow in 2016 increased to 4.1%, 4.6% in 2017. This is mainly due to downward pressure releasing in emerging economies (such as Russia, Brazil and other Latin American countries).According to the monthly leading economic indicators May 11, 2016 issued by OECD, the economic slowdown in emerging economies show signs of easing: Brazil and Russia in improving economic outlook, the prospects for China to stabilize, the euro zone economic momentum remained stable, while the US outlook continues to deteriorate. India's economic growth due to reforms and investments continues to maintain a relatively high-speed growth.
(2)Through the conference quiz interaction, we cracked some major and bothering problems of the development of emerging economies. At present, the main problem is how to effectively promote the structural reforms of the emerging economies to achieve sustainable development.
There are great individual differences in the structural reforms of the emerging economies, and the emerging economies need to innovate in the aspect of cooperation mechanisms. The importance of emerging economies in the global economic landscape and political activities is rising. Regional cooperation mechanisms in emerging economies is diversifying and developing in depth. Among them, the BRICS cooperation has become a complementary, mutually beneficial and interactive international development partnership from a simple forum into a practical action. In the face of financial shocks, emerging economies should strengthen macroeconomic fundamentals and reduce economic vulnerability. Financial cooperation is beneficial to promote the common development of emerging economies and the international financial governance rights. These problems can be well explained and get better ideas of the solution in the meeting held at the various topics.
(3)To reach a consensus, to promote the emerging economies to strengthen policy coordination and economic cooperation, and to restart the long-term economic growth momentum to achieve sustainable development through the meetings.
Now, Emerging economies indeed need to achieve growth momentum shift and achieve economic growth through economic cooperation. At the same time, it is necessary to strengthen economic and trade cooperation in the "One Belt One Road” framework in order to realize mutual benefit and win-win situation, boost the coordinated development of economic and trade investment, promote technological upgrading, pull up long term total factor productivity and solve the problem of long-term economic growth prospects with the help of financial strength. Firstly, we should strengthen liquidity management, response to the risk of price fluctuations flexibly and guard against systemic financial risks through cooperation. And doing this, we can ease the risk of fluctuations in exchange rates and commodity prices. We should encourage high security credit creations, maintain a moderate liquidity in the bond market and therefore ensure financial stability. Secondly,we should improve labor productive and sustainable growth potential through cooperation. Indonesia should relax the restriction of investment to improve the operators’ environment. Brazil, China, India and South Africa ought to implement reform in education, labor, financial market and product market to improve competitiveness and production efficiency. Thirdly, we should jointly push forward trade revolution, in order to provide the important supplement and the driven force to the structural reform. Accelerating trade integration can promote labor productive, push economic growth in middle and long term. Many of emerging economies can benefit from liberalization of trade and further consolidate their status in global value chain.
(4)Through interacting in each feature points and in each sub-forums, combing and analyzing on decisive factors of development system and the building path in detail, we hope to seek to the logical evolution and the development direction behind the new development system. We aim to discuss the basic connotation of economic system and the external manifestation in each feature sub-forum systems, the choice of major emerging economies development system basis and detailed exploration, including the success or failure, enlightenment and reference for China. The outcome will provide ideas, concrete strategic plan, basis theory support to the building new development system in the next 5 to 10 years, provide basic ideas and concrete plans for new sustainable development system.
(5)The forum can further strengthen the Guangdong Province’s global well-known status and substantive influence in the field of Emerging Economic cooperation and development. As the platform for academic exchanges, ideological collisions and cultural communication in Emerging Economies, the Emerging Economies Forum has been held in Guangzhou City, Guangdong Province for three years. And this year is the fourth time. As an international academic conference, the forum closely links to emerging economies development reality, reflect the latest changes in the global economic and financial situation. In the same time, the Agenda is setting rich and heated discussion, and the experts and scholars, and officials from the world's major economies, research institution,think tank and universities have participated in actively, which increased influence of the Forum year by year. Now its brand value and social influence has obviously emerged. And Guangdong as the open and economically strong province of China, we should continue to hold the forum in Guangzhou and build it into an important and strategic platform, helping to promote opening furtherly to outside world, which can be further strengthened the Guangdong Province’s leading position in the new round of reform and opening up in China.
IV Media Supporters
China Central Television(2)
Xinhua News Agency
People's Daily News Agency
PhoenixTV
Guangdong TV Station
Nanfang Daily
Guangzhou TV Station
Yangcheng Evening News
Sina.com
NetEase, Inc.
Tencent
V Journal Supporters
The Journal of World Economy
World Economics and Politics
International Economic Review
International Trade Journal
Intertrade
International Economics and Trade Research
Asia-pacific Economic Review
Emerging Economics Studies