“ China: To Comprehensively Deepen Reform ”

China Beijing March 22-24, 2014        Organizer : DRC       Sponsor : CDRF

Plenary Session of the 18th CPC Central Committee, as well as the outset of comprehensively deepening reform. As important and arduous as the reform is, the Chinese government will launch a series of major reform measures in 2014. The international community is keen to know how China becomes more open-minded to promote reforms in a more systematic, integrated and concerted way based on its national conditions, and to lay a solid foundation for its construction of socialist modernization.

As the first large-scale and high-profile international conference right after the National People's Congress (NPC) and the the Chinese People's Political Consultative Conference (CPPCC) in each year...

March 22-24, 2014 Diaoyutai State Guesthouse, Beijing

March 22 (Saturday)08:30-09:40Global Economic Outlook in 2014

Ushered into the new year, many agencies have expressed cautious optimism for the world economy in 2014. Do the signs of recovery in the US and EU imply that earlier intervention measures finally worked? Is the recovery sustainable? What are the major factors besetting the emerging economies? Will emerging economies as a whole sink into depression?

March 22 (Saturday)09:50-11:00China as the World Manufacturing Center: From Big to Strong

As a world manufacturing center, China is facing increasingly fierce competition abroad, as well as domestic challenges such as rising labor cost and excess capacity. Under the new circumstances, how does China improve its competitiveness? How would ‘Made in China’ loose the moniker of ‘cheap and cheerful’, and move towards high value-added products? In a global perspective, how should governments and corporations react to the changes in comparative advantages to realize their industrial transformation?

March 22 (Saturday)09:50-11:00Building the New Silk Road

China has proposed an ambitious plan to build a new silk road on the land and sea. How could a two-pronged approach as such help China to build up new relations with neighboring countries? What challenges will this grand strategy face? How might it affect the development of China and its surrounding region?

March 22 (Saturday)09:50-11:00Priorities of Chinese Reform and Risks of China’s Short-Term Growth

The current reform features a rosy outlook in the long run, but is faced with a strong downward pressure in a short term. How to rationally prioritize this reform to secure long-term growth and minimize short-term risks? Many economies underwent extensive structural reform after this round of crisis broke out. How are their effects? What lessons can be learned from their efforts?

March 22 (Saturday)11:20-12:20Investment Liberalization and Going Abroad

In the era of globalization, developing countries, including China, have increased investment in developed countries or other developing countries. Many corporations from developing countries have met significant difficulties when expanding abroad. What are the reasons for their setbacks? How can corporations improve their chances of successful overseas investment?

March 22 (Saturday)11:20-12:20Investment Climate and Transformation of Government Functions

As the market takes on a dominant role for resource allocation, what economic functions should the government possess? What are the characteristics of a healthy investment climate? How might the reform of administrative approval system optimize the investment climate?

March 22 (Saturday)11:20-12:20Real Estate Market and Macro-economic Stability

Slumps of housing price in some regions have stirred worries of possible collapse of Chinese real estate market, which might affect the macro-economic stability. How to evaluate the status quo of Chinese real estate market? Will the macro economy be dragged into widespread crisis by the real estate market? What can China learn from the history of US, Japan and Europe in terms of real estate market development and risk intervention?

March 22 (Saturday)11:20-12:20Education Reform, Labor Supply and Inclusive Growth

Currently several western developed countries are struggling with the pressure of high unemployment, particularly the problem of youth unemployment. At the same time, Chinese labor market is troubled by declining demographic dividend, rising labor cost and shortage of skilled worker. How to create jobs in an imbalanced labor market? What reform measures must be taken in the education system to encourage the disadvantaged to join the labor market and realize inclusive growth?

March 22 (Saturday)11:20-12:20Chinese Economy: 2014 and Future Prospect

March 22 (Saturday)14:30-15:30Is the Age of RMB Coming?

RMB is playing an increasing role in international trade and investment with the fast expansion of offshore RMB market. What does the accelerated internationalization of RMB entail for the political and economic systems in China and the rest of world? Is the age of RMB coming? What opportunities and challenges might be brought about by the RMB convertibility under capital account?

March 22 (Saturday)14:30-15:30Dissecting the Risks of Public Debt

China and many developed countries are struggling with the problem of high public debt. How and to what extent does the accumulation of public debt lead to economic crisis? How to prevent social-economic crisis triggered by public debt? What can China learn from the world on curbing local government debt?

March 22 (Saturday)14:30-15:30Inclusive and Sustainable Urbanization

China is experiencing urbanization at an unprecedented pace. Inclusiveness, sustainability and human-orientated awareness are important benchmarks for the success of urbanization. How to forge ahead urbanization in line with the laws of economic and social development? What can be done to narrow down regional and rural-urban inequality to guarantee inclusive growth? What kind of urbanization promotes sustainable growth rather than inhibit it?

March 22 (Saturday)14:30-15:30Disruptive Technology: Reshaping the Business Model

New technologies are profoundly influencing our way of life and working. Mobile networking, cloud computing, big data, Internet of Things, autonomous car, advanced robotics, 3D printing and alternative energy are among the disruptive technologies featuring the greatest economic impact. How will these technologies fundamentally change related industries and business models? What risks might be incurred by their application? What rules need to be introduced to regulate the development and expansion of new technologies?

March 22 (Saturday)15:50-16:50Pricing Reform of Resource Products: A Lever for Green Growth

The pricing reform of resource commodity is entering a substantive stage in China. To what extent does the pricing reform promote green growth? In the context of economic structural adjustment, what problems must the pricing reform address as the high priority? How to balance various interests during the reform? What is the appropriate timing for the reform?

March 22 (Saturday)15:50-16:50From an Investment-Driven Growth to an Innovation-Driven Growth

In spite of large increases in R&D investment and output in recent years, the quality and return on investment of independent innovation is far from satisfactory, and their contribution to innovation-driven growth remains limited. What is restricting China’s transition from investment-driven growth to innovation-driven growth? What actions can government and corporations take to encourage independent innovation? How to improve innovation through international cooperation?

March 22 (Saturday)15:50-16:50Mixed Ownership and SOE Reform

The Third Plenary Session announces to promote mixed-ownership economy as the key of new round of SOE reform. What problems must be tackled to develop mixed-ownership economy? How to perfect the governance of corporations with mixed ownership? How to get private sector and international companies involved in the reform of large SOEs?

March 22 (Saturday)15:50-16:50Agricultural Modernization and Food Security

Food security is the top priority for both individuals and the nation. In a globalized economy, what can be done to increase agricultural productivity and guarantee food security? How to make better use of domestic and foreign markets? How to ensure the quantity of food supply and at the same time safeguard its quality?

March 22 (Saturday)15:50-16:50Accelerating the Financial Reform

The global financial crisis inspires the world to rethink the financial system, and gives rise to a host of financial system reforms. How to understand their focus and effect? Against the global financial reform, how can China balance the relationship among the marketization, the development and the stability of the financial market? How to improve a multi-layer capital market system?

March 22 (Saturday)14:30-16:30Investing in Women: New Prospects and Approaches

Woman is vital to sustainable and inclusive economic growth. However, there are many barriers and obstacles for social investment in women. What should be the focus of this investment? What policies and measures can encourage the positive involvement of women in economic development? How to fully unleash their potential to deal with future challenges?

March 23 (Sunday) 09:40-10:50New Urbanization and Integrated Urban-Rural Development

Urbanization is the only way leading to China’s modernization. What new thinking does Chinese new urbanization bring to the table? In what ways will the new urbanization reshape rural-urban relationship in China for the sake of integrated urban-rural development? What are the prerequisite for the realization of new urbanization?

March 23 (Sunday) 11:20-12:30Reform of Financial and Taxation System and Transformation of Growth Model

Financial and taxation system reform is considered as the driving force for China’s new round of reform. What are the basic orientation of the financial and taxation system reform? Which areas of reform will fundamentally change China’s growth model? What problems might hinder the reform, and how to tackle them?

March 23 (Sunday) 14:40-15:50Promoting a Fair and Sustainable Social Security System

An equitable social security system is the basis for inclusive development. How to make sure the social security system fair and equitable in essence? How to keep its development sustainable in the long run and in line with economic growth? How to stimulate the vigor of economic development by improving social security, and encourage social and economic development to mutually promote each other?

March 23 (Sunday) 16:10-17:20Building a New System of Open Economy

To promote reform by opening up is China’s tried and true experience. As China’s opening-up enters a new age, new strategies are needed to promote an open economy. How can China better the foreign capital system and reform its outward investment system? Which areas of reform will be facilitated by the free trade zone experiment? What influences might China’s further opening up exert on the world trade landscape?

March 24 (Monday)09:00-09:50Addressing the Problem of Excess Capacity

Excess capacity endangers the stability of Chinese economy. How to effectively combine market-based means with government policies to deal with excess capacity? How to balance the efforts of eliminating excess capacity and stabilizing growth and employment? How to incorporate the measures of reducing excess capacity into innovation-driven growth model, so as to advance China’s economic structural adjustment?

March 24 (Monday)09:50-10:40Exploring a Way for Low Carbon Development

Confronted with worsening environment, the world has reached a consensus to develop low carbon economy. In the future, how to take advantage of low carbon economy to reshape economic sustainability? What policies are conducive to green growth? What domestic and international examples are there to follow? How to strengthen international cooperation?

March 24 (Monday)11:00-11:50New Approaches for Comprehensively Deepened Reform

China’s reform requires a combination of top-down design and trial-and-error experimentation. Local reform exploration helps to find new approaches for China’s endeavor of comprehensive deepening reform. What new reforms are underway at local levels? How to make sure successful local reforms replicable at the national level?