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Financial and Economic Situation and Policies of China

Source:   Updated :2015/09/20    Hits:

      On September 20, the 8th “Jinjialing Wealth Management Salon” activity sponsored by Qingdao Wealth Management Institute, Shanghai University of Finance and Economics, was held in the Party School of Qingdao Laoshan District Committee. Xu Hongcai, Director of Economic Research Department of China Center for International Economic Exchanges, was invited to the salon themed “China’s Financial and Economic Situation and Policies”, and more than 70 heads of financial institutions and enterprises in Qingdao City were invited to the activity.

        Xu Hongcai analyzed the current macro economic situation in China from multiple aspects such as economic growth, price level, employment situation and general state of international balance of payments. He believed that the macro economic growth in China manifests the following characteristics: First, a slowdown in investment growth; second, a slight fall in consumption growth, emergence of new consumption hotspots, and changes in the consumption structure; third, a weak foreign trade situation with a steady growth in foreign investment attraction and abroad investment, and a possible new normal of large inflows and outflows of funds; fourth, positive changes in the economic structure optimization. 

          Jinjialing Wealth Management Salon is sponsored by Qingdao Wealth Management Institute, Shanghai University of Finance and Economics, and the Administrative Committee of Qingdao Jinjialing Financial Cluster under the guidance of Qingdao City Wealth Management Comprehensive Financial Reform Pilot Zone Development Committee. Domestic and foreign well-known experts, industry leaders, financiers and entrepreneurs from Qingdao City as well as leaders of relevant government departments are invited on a regular basis for face-to-face exchanges, providing a high-end dialogue platform for communication of the latest financial information, frontier financial problems and exchanges of the current industry information. The salon will promote interaction of thoughts of people from financial circles, and the construction and development of Qingdao Wealth Management Center and Jinjialing Financial Cluster.