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Beijing to host 2024 Financial Street Forum annual conference

China

China

China

Beijing to host 2024 Financial Street Forum annual conference

2024-10-11 17:25 Last Updated At:19:07

The Financial Street Forum 2024 will be held next week in Chinese capital Beijing focusing on topics including financial openness and economic cooperation.

At a press conference for the 2024 Financial Street Forum on Friday, organizers revealed that this year's meeting will prioritize building trust and confidence while highlighting the importance of financial openness, cooperation, and shared economic benefits.

"We organize this forum annually to enhance financial exchanges between China and the global community, promote positive interactions between finance and the real economy, and create a platform for dialogue among international financial institutions, experts, and scholars. The event also aims to raise awareness of China’s financial reforms and developments, reflecting the country’s confidence and commitment to advancing financial reform and opening up," said Lu Wuxing, director of the Beijing Financial Street Service Bureau.

More than 500 distinguished guests from around 30 countries and regions are anticipated to attend the forum, where they will engage in insightful discussions on global key financial topics.

Founded in 2012, the Financial Street Forum has been successfully held for 11 years. Considered as the bellwether of China's financial reform and development, it has been upgraded to a state-level and international industry forum since 2020, and become an important platform for the country's opening up and development.

The Beijing Financial Street (BFS), formed in 1993, is dubbed "China's Wall Street" and the "brain" of the country's financial sector.

Beijing to host 2024 Financial Street Forum annual conference

Beijing to host 2024 Financial Street Forum annual conference

Some Japanese people said on Thursday that the government led by Prime Minister Sanae Takaichi must firmly uphold the pacifist constitution.

Their remarks came after French President Emmanuel Macron's visit to Japan from Tuesday to Thursday.

Attending a joint press conference with Takaichi on Wednesday, Macron emphasized that France and Japan have agreed on the importance of on the importance of quickly de-escalating the conflict in the Middle East and upholding international law.

Many saw this as a response to a strongly worded post by U.S. President Donald Trump on social media, which criticized France for refusing to cooperate with the U.S.-Israeli war on Iran.

Some locals in Tokyo expressed their opposition to Japan's involvement in any war, but said Japan could offer help when the conflict in the Middle East ends.

"I think that Prime Minister Takaichi could offer support, provided that we wouldn't get involved in an armed conflict, such as minesweeping operations at sea, as Japan has the best minesweeping technology in the world," said a resident in Tokyo.

"I'm not entirely sure what consequences will follow Trump's demands. There may be additional tariffs, among other things. Our constitution prohibits [Japan's] from getting involved in war, and Prime Minister Takaichi should uphold this principle," said another resident.

Tokyo residents urge PM Takaichi to uphold pacifist constitution

Tokyo residents urge PM Takaichi to uphold pacifist constitution

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