CCG Holds 8th China and Globalization Forum
The world is confronted with unprecedented changes unseen in a century, while the COVID-19 pandemic and the Russia-Ukraine crisis have accelerated the evolution of the international landscape. The international system is facing a reset where a new "Bretton Woods moment" is in front of us and globalization is about to be reimagined.
8th
China and Globalization Forum
2022
On June 19-21, 2022 , the Center for China and Globalization (CCG) and the Chinese International Economic Cooperation Association (CIECA) jointly held the 8th China and Globalization Forum in Beijing, China.
Focusing on the theme of ‘Grasping the World Transition and Coping with Global Crisis: Strategies for China and Globalization in an Era of Uncertainty’, nearly one hundred guests attended this forum and discussed major issues on China and globalization in both online and offline activities. Participants included representatives from all sectors of government, industry, academia and research, including former politicians and dignitaries, diplomatic envoys to China, representatives of international organizations, renowned scholars, and entrepreneurs.
The forum consisted of eight special sessions, including a Fireside Chat, a Summit Dialogue, an Ambassadors Roundtable, China-Europe Roundtable, and China-US Think Tank Dialogue, as well as the private CCG Council Chairs Virtual Roundtable and CCG Council Members Luncheon Roundtable. Key topics included Global Recovery, China-US, and China-Europe relations. The forum held a special China-Globalization 30 Experts Roundtable as the closing ceremony. CCG’s latest publication "China and Globalization in the 21st Century”, released by CITIC Press, was also introduced to the public for the first time. At the conference, 30 well-known scholars from various disciplines expressed their views on the transition, dilemmas, and breakthroughs of seen in China and in the process of globalization throughout the 21st century thus far.
On June 19, the forum opened with speeches by CCG President Wang Huiyao and Cui Mingmo, the President of the CIECA, followed by the 2022 CCG Council Chairs Roundtable and the annual Chairman’s Enlarged Meeting on China and the Globalisation Landscape.
The webinar provided an in-depth analysis of the macro-trends and strategies in these uncertain times. The panelists discussed the impact of the Russia-Ukraine conflict on the global economy and how China should respond as well as how China should lead global economic recovery confronted with the dilemmas such as the US Indo-Pacific economic framework and regular COVID prevention and control measures. It also examined what opportunities and challenges multinational enterprises will encounter in the context of multiple regional economic cooperation spheres as well as new directions and strategies for international talent flows and competition influenced by unconventional security factors, such as COVID-19 and political entanglements.
On June 20, five sessions were held.
Special Online Program I was themed Advancing the 2030 Agenda in Uncertain Times: Sustainability and the Quest for China-US Cooperation. This fireside chat was moderated by CCG President and CAFIEC Vice Chairman Wang Huiyao. Henry M. Paulson, Jr., former US Treasury Secretary and the Founder and Chairman of Paulson Institute, along with Wang Shi, CCG Senior Vice President and Founder and Honorary Chairman of China Vanke Co., Ltd., discussed the important question of how China and the US should cooperate to ensure sustainable development amidst major transformations.
They analyzed the prospects and challenges of achieving the Sustainable Development Goals (SDGs), the future of China-US business cooperation in clean energy and green technologies, the role of multilateral partnerships in advancing sustainable development practices, and a vision of what the world landscape will look like in a decade under the UN 2030 Agenda for SDGs.
The Ambassadors Roundtable concentrated on the Global Recovery in Post-pandemic Times: Trends, Challenges, and Responses, with speeches by H. E. Lin Songtian, the President of the Chinese People's Association for Friendship with Foreign Countries and former Chinese Ambassador to South Africa. Twenty ambassadors to China attended the seminar, chaired by CCG President and CAFIEC Vice Chairman Wang Huiyao.
The panelists discussed long-run governance tools and mechanisms used in the response to COVID-19, their impact on global trade and economic dynamism, the influence of international travel restrictions on cross-border business, and what concrete actions can be taken by international organizations such as APEC, BRICS, and G20 to promote the global development agenda in the post-epidemic era.
The China-Europe Roundtable was titled China-Europe Economic Cooperation: Moving Forward with the Global Quest for Sustainability and hosted by Andy Mok, a CCG Senior Fellow.
The guests engaged in a useful exchange of views on how China and Europe can promote and safeguard their common interests through a multilateral system, how they can coordinate actions on climate change, what business strategies they should adopt to deal with regular epidemic prevention and control measures as well as changes in the supply chain in the course of trying to achieve "carbon neutrality" objectives. They also touched on how the EU should position China as a ‘negotiating partner’, ‘economic competitor’ and ‘systemic counterpart’.
The Special Online Program II, themed History at a Turning Point: Pandemic, Ukraine, and the Changing Relations between China, Europe, and the United States, featured CCG President and former Senior Fellow of Harvard Kennedy School Wang Huiyao, Niall Ferguson, former Professor at Harvard University and the Milbank Family Senior Fellow at the Hoover Institution, Stanford University.
They discussed current global instability, the prospects of China-US-Europe relations, and other important international issues. They also examined the impact of the Ukraine crisis on the existing international order, the creation, and breakdown of ‘Chimerica’ the possibility of a "second Cold War", and the political legacy of Nixon's visit to China.
The Special Online Program III of the China-US Think Tank Dialogue was themed Realigning the US-China Trade and Economic Relationship: Inflation, Tariffs, and the Way Forward. CCG President and the CAFIEC Vice President Wang Huiyao moderated the session on the outlook of US-China economic and trade relations
The panelists reassessed the costs and benefits of tariffs and analyzed the lessons of stimulus and inflation. At the same time, they shared their opinions on China’s understanding of the Indo-Pacific economic framework and how China and the US could break the diplomatic stalemate.
On June 21, the China Globalization 30 Experts Roundtable was held on a theme titled China and Globalization in the 21st Century.
The Roundtable began with Chen Wei, General Manager of CITIC Press, introducing the conference’s namesake new book - China and Globalization in the 21st Century. A total of 30 senior and leading experts and scholars participated in the seminar, hosted by Miao Lu, CCG Co-Founder and Secretary-General. This panel of experts are deeply engaged in policymaking, think tanks, and academic communities with a diverse background covering global governance, international relations, politics, economics, cultural research, historiography, and communication.
The speakers shared insights and provided suggestions on how China should deeply integrate and promote transformation and development based in globalization. Focusing on the post-epidemic era, the main topics included how China should respond to changes in globalization, how China can provide Chinese solutions and ideas to promote globalization, how China can innovatively enhance its core competitiveness in global governance, and the future development trend of globalization.
This event was followed by the closed-door CCG Council Members Luncheon Roundtable, moderated by Zhang Wei, CCG Deputy Secretary-General and former Chief Correspondent of United Nations Bureau, Economic Daily.
Globalization has always been a continuous process of ups and downs. There is no smooth path, and there is no blind alley. At present, the lack of credibility among countries and the emergence of a tide of anti-globalization pose a huge challenge. It is particularly valuable and necessary to strengthen consensus through increased communication and to foster mutual trust and cooperation and economic and trade exchanges between states. After crossing into the 21st century, the world began to usher in an ‘Asian Century’. China will play an important role in leading this new round of globalization. In the new era, China will be faced with the challenging task of setting the course of the world transformation, leveraging China's role, and ensuring that globalization becomes more inclusive and sustainable, aking it better able to respond to global crises.
CCG is China’s leading global non-governmental think tank, the only think tank that has been granted Special Consultative Status by the United Nations, the first Chinese non-governmental think tank to achieve the feat as one of the world’s top 100 think tanks, and the top Chinese non-governmental think tank in authoritative think tank evaluations at home and abroad.
The annual China and Globalization Forum is CCG’s first flagship conference with a focus on promoting ‘community with a shared future for mankind’ and ‘China-Globalization Development’. Since 2015, CCG has hosted this forum successfully for seven consecutive years, using its professional advantage and high-quality global resources to focus on major global issues, identifying development trends in economic globalization, examining globalization issues in a forward-looking manner, and providing advice and suggestions for China to promote globalization and participate in global governance.
Participants List
CCG Council Chairs Virtual Roundtable:
CCG Honorary Chairman:
HE Yafei, CCG Co-Chair, Former Vice Minister of Foreign Affairs
Ronnie C. Chan, CCG Co-Chair, Chairman of Hang Lung Properties Limited
Forum Special Online Program I: Advancing the 2030 Agenda in Uncertain Times: Sustainability and the Quest for China-US Cooperation
Ambassadors Roundtable:
Forum Special Online Program II: History at a Turning Point: Pandemic, Ukraine, and the Changing Relations between China, Europe, and the United States
Forum Special Online Program III: Realigning the US-China Trade and Economic Relationship: Inflation, Tariffs, and the Way Forward - China-US Think Tank Dialogue
China Globalization 30 Experts Roundtable: China and Globalization in the 21st Century:
Chair:
Mabel Miao, CCG Co-Founder and Secretary-General
CHEN Wei, CITIC Press GM introduce new book <China and Globalization in the 21st Century>
Discussants (in alphabetic order):
CCG Books
● Published by Springer
● Edited by Wang Huiyao and Lu Miao
More Information
China and the World in a Changing Context-Perspectives from Ambassadors to China is the latest volume in CCG’s “China and Globalization” series, which seeks to create a balanced global perspective by gathering the views of highly influential scholars, practitioners, and opinion leaders from around the world on issues of policy and governance.
Ambassadors are a kind of vehicle and bellwether for globalization. These diplomatic envoys serve as pivotal contact points between nations across a wide range of fields, from economics and culture, to health and the environment. The special group of ambassadors in this book – all based in Beijing – are at the forefront of what, for many countries, is one of their most important bilateral relationships and the platform for one of the most striking and consequential developments in global affairs in the 21st century: the rise of China on the world stage.
● Links:
https://link.springer.com/book/10.1007/978-981-16-8086-1
● Published by Springer
● Edited by Wang Huiyao and Lu Miao
More Information
Released nearly two years after the outbreak of COVID-19, Transition and Opportunity brings together an array of CEOs and senior executives from leading multinationals, leaders of foreign trade associations and representatives of advocacy groups on the ground in China to share their views on the potential and risks China holds for business as the world economy recovers.
The 22 entries in this book include contributions from the heads of Beijing-based chambers of commerce representing the EU, the US, France, Switzerland and Brazil and others, CEOs and senior executives of MNCs like Airbus, Royal DSM, Michelin, LinkedIn and Herbalife as well as representatives of global consulting firms like KPMG, PwC, Accenture and Roland Berger.
Divided into three parts - ‘The Big Picture,’ ‘Analysis and Advice,’ and ‘On the Ground’ - content progresses from looking at how countries balance their own interests with China’s for that elusive ‘win-win’ formula, to the role consultancies and advisors play in helping companies succeed, then looking at the experiences of individual companies to see how they have adapted and thrived in China.
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● Links:
https://link.springer.com/book/10.1007/978-981-16-8603-0
● Published by Springer
● Edited by Wang Huiyao and Alistair Michie
More Information
This book brings together leading international scholars and policy-makers to explore the challenges and dilemmas of globalization and governance in an era increasingly defined by economic crises, widespread populism, retreating internationalism, and a looming cold war between the United States and China. It provides the diversity of views on those widely concerned topics such as global governance, climate change, global health, migration, S&T revolution, financial market, and sustainable development.
● Links:
https://link.springer.com/book/10.1007/978-981-16-5391-9
● Published by Springer
● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China
More Information
The internationalization of Chinese enterprises is one of the most notable aspects of economic globalization in the 21st century. Despite the 2008 financial crisis and weak global outbound investment, under the “go global“ initiative, Chinese outbound investment has gone from strength to strength, while also diversifying in terms of investment modalities, destinations, and industries. However, growing anti-globalization sentiment in some countries has also created new challenges for Chinese firms expanding internationally.
Drawing on nearly 3000 data samples, using both quantitative and qualitative research methods, this book presents unique insights into the features and patterns of Chinese enterprises’ globalization. The analysis provides a useful reference for enterprises that have already gone global and those that plan to. In particular, this book investigates challenges confronted by Chinese companies when doing business in foreign countries. It summarizes research covering three angles, namely: the current situation, causation analysis and corresponding solutions, and recommendations for firms, government agencies and other institutions.
This book provides a comprehensive overview to help readers to grasp the broad picture of the international expansion of Chinese enterprises. It has important reference value for enterprises to help devise foreign investment strategy, seize opportunities, and navigate challenges in the course of globalization.
● Links:
https://www.springer.com/cn/book/9789811546457
● Published by Edward Elgar
● Edited by Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China
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An excellent guide for understanding the trends, challenges and opportunities facing China through globalization, this Handbook answers the pertinent questions regarding the globalization process and China’s influence on the world.
With contributions from leading experts and international researchers, each chapter covers key topics regarding China’s participation in globalization, including: China’s new role in global economic governance; outward direct investment; China’s soft power and the implications for foreign relations; global migration, diaspora and talent. An enriching range of case studies and extensive empirical research are used to explore the successes and failures of globalization in China, and to discuss the dilemmas facing decision makers in today’s globalized world. A major contribution to the field, this Handbook offers valuable insights to China’s often misunderstood globalization process.
An essential reference for academics and researchers looking for a go-to empirical resource, this Handbook provides scholars of economics, politics and East Asian studies with an exemplary selection of contemporary research on China and globalization.
● Links:
https://www.e-elgar.com/shop/handbook-on-china-and-globalization
● Published by Springer
● Authors: Wang Huiyao, President and Miao Lu, Vice President, Center for China and Globalization(CCG), Beijing, China
The first effort to address the gap regarding higher-end talent within the scholarly work on internal labor migration in China
Provides an essential overview of the major milestones in China’s talents attraction policies, as well as several recommendations to help further improve those policies
Investigates corresponding policies in Germany, Japan, and Singapore to serve as a basis for comparison
Provides a snapshot of first-hand reference material for relevant stakeholders involved in cooperation with China
More Information
This book offers the most comprehensive, up-to-date assessment of China’s domestic and international migration. Restructuring economic development requires large numbers of educated and skilled talents, but this effort comes at a time when the size of China’s domestic workforce is shrinking. In response, both national and regional governments in China have been keen to encourage overseas Chinese talents and professionals to return to the country. Meanwhile, the Chinese government has initiated a number of policies to attract international highly-skilled talents and enhance the country’s competitiveness, and some Chinese policies have started attracting foreign talents, who are coming to the country to work, and even to stay. Since Chinese policies, mechanisms, and administration efforts to attract and retain skilled domestic or overseas talents are helping to reshape China’s economy and are significantly affecting the cooperation on migration and talent mobility, these aspects, in addition to being of scholarly and research interest, hold considerable commercial potential.
● Links:
https://www.springer.com/gp/book/9789811362552#aboutBook
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