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Under the Patronage of H.E. the President of the Hellenic Republic Ms. Katerina Sakellaropoulou

Delphi Economic Forum IX

April 10-13, 2024

WATCH ON DEMAND

Yongding Yu

Yongding Yu

Yongding Yu

Academcian, Emeritus Director

Institute of World Economics and Politics, Chinese Academy of Social Sciences, China

Professor Yu Yongding is regarded by many as China’s pre-eminent monetary economist. He is currently a professor and academician at the Chinese Academy of Social Sciences, president of the China Society of World Economy, editor-in-chief of China and World Economy, a member of the Advisory Committee of National Planning for National Development and Reform at the National Development and Reform Commission (NDRC), and a member of the UN Committee of development policy.
 
Yu was formerly director-general of the Institute of World Economics and Politics, and a member of the Monetary Policy Committee of the People’s Bank of China. He graduated from the Beijing School of Science and Technology, Chinese Academy of Science in 1969 and received his MA in economics from the Chinese Academy of Social Sciences in 1986, and D.Phil. in economics from the University of Oxford in 1994.
 
Yu has authored, co-authored and edited more than 10 books, and has published numerous papers and articles on macroeconomics, international economics and other subjects in various journals and newspapers. He is the winner of Sun Yefang Prize in Economics (PRC).

Thursday 11

  • 17.45 - 18.30

    China’s Economy: The Slowdown and its Consequences

    • FINANCE & ECONOMY

    location_onLeto Hall | Amalia Hotel

    Programming Partner: Chatham House

    China’s economy is suffering from a slump in confidence, which is plainly evident among both households and firms. This slump is often explained as the consequence of the government’s determined effort to wean the economy off of its dependence on real estate investment, which has had negative consequences for local government finances, household balance sheets and the financial sector. Despite these hostile forces, the authorities have done little to loosen fiscal or monetary policy. This panel of renowned China experts will delve into the precise reasons for the economy's problems, and will discuss what should and what is likely to be done about it.