China Hosts International Forum on Economic Transformations and Global Cooperation in Hong Kong

2025-11-18 18:17 Last Updated At：11-19 11:47

International Forum on China's Economy and Policy 2025 successfully held

The Chief Executive's Policy Unit (CEPU), the National Academy of Economic Strategy of the Chinese Academy of Social Sciences, and the Chinese Institute of Hong Kong today (November 18) held the Economic Transformations in a Multipolar World - International Forum on China's Economy and Policy 2025 at the Central Government Offices. The Forum marks a significant milestone, inviting three prominent local universities' think tanks as co-organisers: Lau Chor Tak Institute of Global Economics and Finance, the Chinese University of Hong Kong, HKUST Li & Fung Supply Chain Institute, and the Hong Kong Institute of Economics and Business Strategy, HKU Business School. The Forum brought together more than 20 experts, academics, business leaders and government officials from overseas, the Chinese Mainland and Hong Kong to deliver presentations, integrating the latest dynamics and trends of global transformations, examining the impacts and challenges faced by the global economy, and focusing on key topics such as the nation's economic development strategy during the 15th Five-Year Plan period, sustainable development models for regional economic co-operation in the world, and how Hong Kong can enhance its international competitiveness and contribute to future global economic development in the evolving landscape.

Click to Gallery

International Forum on China's Economy and Policy 2025 successfully held Source: HKSAR Government Press Releases

More Images

International Forum on China's Economy and Policy 2025 successfully held Source: HKSAR Government Press Releases

The Chief Executive, Mr John Lee, and member of the Leading Party Members' Group and Secretary-General, Chinese Academy of Social Science, Dr Zhao Zhimin, delivered welcoming remarks at the Forum. Columbia University Professor and Nobel Memorial Prize laureate in Economic Sciences Professor Joseph E Stiglitz and the Head of the CEPU, Dr Stephen Wong, took part in a fireside chat. Philip H Knight Professor Emeritus of Management, Graduate School of Business, Senior Fellow, Hoover Institution, Stanford University, and Nobel Memorial Prize laureate in Economic Sciences Professor Michael Spence also delivered a special address.

Mr Lee said, "Our country is solidly on a path of high-quality development, creating a stable platform for global growth. As part of this national endeavour, the Hong Kong Special Administrative Region is proud to contribute its unique advantages, which also enable us to play a critical role in global economic transformations. Under the 'one country, two systems' principle, Hong Kong enjoys the dual advantage of having both national and global opportunities. In these times of economic uncertainty, Hong Kong, as a 'super connector' and 'super value-adder', builds bridges for a world of mutual opportunity, offering a market-friendly business environment. We are working now, proactively, to align ourselves with the 15th Five-Year Plan, fulfil Hong Kong's responsibilities and seize the plentiful opportunities there for us."

In addition, the Forum included three panel discussion sessions, with the first session in the morning focusing on Global Significance of China’s New Development Plan. The remaining two sessions were held in the afternoon with focused discussions on The New Development Landscape of Hong Kong and The Integrated Symbiosis of Regional Economies in the World. Academician, Chinese Academy of Social Sciences, Dr Cai Fang; Vice Director, Economic Committee of the 13th National Committee of the Chinese People's Political Consultative Conference and former Vice Minister, Development Research Center of the State Council, Dr Liu Shijin; member of the Standing Committee, the National Committee of the Chinese People's Political Consultative Conference and the Chairman, the Chinese General Chamber of Commerce, Hong Kong, Dr Jonathan Choi; member, International Advisory Council, National Financial Regulatory Administration Mr Andrew Sheng; Academician of the Chinese Academy of Social Sciences Dr Zhang Yuyan; Council Chairman, the Hong Kong University of Science and Technology and Foreign Member, US National Academy of Engineering, Professor Harry Shum; the Chairman, Fosun International, Mr Guo Guangchang; the Chairman, Vital Technology Group, Mr Zhu Shihui; Dean and Professor, School of Business, University of Chinese Academy of Social Sciences, Professor He Dexu; the Managing Director and member of the Managing Board, World Economic Forum, Ms Neo Gim Huay; the Director, the Institute for European Policymaking, Bocconi University, Professor Daniel Gros; the Chairman and Chief Executive Officer, First Eastern Investment Group, Mr Victor Chu; and the Chairman, Europe-Asia Center, former Under-Secretary-General, United Nations, and former Executive Director, United Nations Environment Programme, Mr Erik Solheim, also spoke at the Forum. The Provost and Deputy Vice-Chancellor and Philip Wong Kennedy Wong Professor in Political Economy, the University of Hong Kong, Professor Richard Wong; the Executive Director, Lau Chor Tak Institute of Global Economics and Finance and Associate Professor of Economics, the Chinese University of Hong Kong, Professor Terence Chong; and the Chairman, Fung Investments, Dr Victor Fung, were the moderators for the three panel discussion sessions respectively.

Dr Wong said, "At this pivotal juncture following the victorious conclusion of the Fourth Plenary Session of the 20th Central Committee of the Communist Party of China and the formulation of the 15th Five-Year Plan, against the backdrop of accelerating global transformations unseen in a century, the CEPU has once again collaborated with two high-level think tanks affiliated with the Chinese Academy of Social Sciences. Together with three world-leading university think tanks in Hong Kong, we have jointly organised this International Forum. The Forum establishes a platform with international influence for high-level dialogue and exchange among the academic community, business leaders and think tanks. Renowned speakers from the United States, Europe, ASEAN (Association of Southeast Asian Nations), the Chinese Mainland, Hong Kong and across the globe have been invited. This initiative serves a dual purpose: to deepen international exchanges and co-operation for local think tanks, thereby enhancing their global influence; and to explore international and national economic development trends, uncovering Hong Kong's unique advantage as a bridge connecting the Chinese Mainland and the world. This will accelerate Hong Kong's integration into and contribution to the broader National Development landscape."

Around 600 participants attended the Forum including experts, academics and personnel from overseas institutions in Hong Kong as well as representatives from think tanks, the business sector, professional bodies and local and foreign chambers of commerce.

Delegation Explores Beijing and Xiong'an for Insights on Northern Metropolis University Town Development

CS leads delegation of Working Group on Planning and Construction of the University Town to visit Beijing Municipal Administrative Center and Xiong'an New Area in Hebei (with photos/video)

The delegation of the Working Group on Planning and Construction of the University Town under the Committee on Development of the Northern Metropolis, led by the Chief Secretary for Administration, Mr Chan Kwok-ki, today (April 1) continued its visit. Representatives from the eight University Grants Committee-funded universities also joined the delegation today. They visited the Beijing Municipal Administrative Center and Xiong'an New Area in Hebei, which are listed as part of the "one core and two wings" national development strategy, to learn about practical experience in large-scale new area planning and construction, with a view to providing solid reference for the planning and construction of the Northern Metropolis University Town (NMUT).

In the morning, the delegation visited the Beijing Municipal Administrative Center, touring the planning exhibition hall, the Yunhe Business District, the Beijing Library and the Grand Canal Museum of Beijing. They learned about the overall planning and development of the Center, its experience in attracting and concentrating higher education resources, as well as promoting the integration of the industry, academic and research sectors. They also observed the canal-side development and conservation and the construction of major public cultural facilities there.

Mr Chan said that the Beijing Municipal Administrative Center has been developed into a world-class harmonious and liveable demonstration area through high-standard planning, green and smart development, and a model of integration between campus and city. He said he hopes to draw on its valuable experience in relieving city functions, sharing resources, and innovation ecosystems, thereby providing practical inspiration for the top-level design, smart campus development and sustainable growth of the NMUT.

In the afternoon, the delegation visited Xiong'an New Area in Hebei, touring the comprehensive service centre of Xiong'an's start-up area. They learned about its planning and construction, as well as its "one-stop" integrated services for relieving Beijing of functions that are not essential to its role as the nation's capital. Subsequently, the delegation visited the University Town of Fifth Cluster North Collaborative Innovation Exhibition Hall and the Beijing Forestry University Xiong'an Campus Smart Exhibition Hall and project construction site.

Mr Chan said that the first batch of Beijing universities' campuses in Xiong'an has entered a large-scale construction stage, achieving campus-city integration, deep integration of industry and education, and smart and green development, injecting strong innovative vitality into the new area. He added that the delegation learned about Xiong'an New Area's experience in fields such as higher education institution and industry linkage, infrastructure-led development, and sustainable planning. It will provide valuable insights for the high-quality planning and construction of the NMUT, helping it develop into a hub for international education, innovation, and technology.

Mr Chan, the Secretary for Education, Dr Choi Yuk-lin, and other members of the delegation returned to Beijing tonight and will continue their visit tomorrow (April 2).

China Hosts International Forum on Economic Transformations and Global Cooperation in Hong Kong