HKIMR The Twelfth Annual International Conference on the Chinese Economy

23 November 2022


The Hong Kong Institute for Monetary and Financial Research (HKIMR) successfully hosted the Twelfth Annual International Conference on the Chinese Economy (the Conference) on 23 November 2022.

The theme of this year’s conference is “The Next Phase of China’s Economic Development”. In his opening remarks, Mr Eddie Yue, Chief Executive of Hong Kong Monetary Authority, said the Chinese economy faced many challenges in the short run, but he was confident that the economy was resilient and would successfully move to the next phase of high-quality growth. Hong Kong as a gateway to China, would continue to make significant contributions during the process.

During his keynote speech, Dr Wang Yiming, Vice Chairman and Chairman of the Academic Committee, China Center for International Economic Exchanges, said China needed to get its economy back on track as soon as possible through appropriate monetary and fiscal policies. In the medium to long run, China needed to deepen its reform and opening up, strengthen its capability for original innovation, restructure and upgrade its manufacturing industries, and increase domestic demand, to weather through the challenges and avoid a “middle-income trap”.

The conference had more than 1.18 million real time online views and 75 on-site participants.

To access the conference programme, please click here.

To watch the full version of video in floor language, please click here.

0:00 / 0:00

Time: 10:00 a.m. – 10:45 a.m.
Opening Remarks
Eddie YUE, Chief Executive, Hong Kong Monetary Authority
Keynote Speech
“The Chinese Economy in the New Development Phase: Short-term Outlook and Long-term Prospect”
WANG Yiming, Vice Chairman and Chairman of the Academic Committee, China Center for International Economic Exchanges

0:00 / 0:00

Time: 11:00 a.m. – 12:30 p.m.
Panel Discussion
The Recent Developments of the Chinese Economy, Prospects and Challenges

  • Zero COVID Policy
  • Property Market
  • Supply Chain Bottlenecks and FDI Prospects
  • Structural Transformation and New Growth Engine

SHAN Hui, Chief China Economist, Goldman Sachs
ZHU Haibin, Chief China Economist, J.P. Morgan
Alicia GARCÍA-HERRERO, Chief Economist for Asia Pacific, Natixis
LIU Jing, Chief Economist for Greater China, Global Research, HSBC

0:00 / 0:00

Time: 2:15– 3:45 p.m.
Digital Economy Development in China
“Remodelling Digital Platform Economy: Innovation, Regulation and Prosperity”
SHEN Yan, Deputy Director of the Institute for Digital Finance and Professor of Economics of National School of Development, Peking University

“Stabilizing Employment and Promoting Development: The Social Value of Digital Economy”
GAO Hongbing, Vice President of Alibaba Group and Director of AliResearch

“How to Release the Growth Power of Digital Economy?”
SHEN Jianguang, Chief Economist,

0:00 / 0:00

Time: 4:00– 4:50 p.m.
Tracking China’s Economic and Financial Vulnerability
“Measuring Financial Risk in China using Textual Analysis”
Martino RICCI, Senior Economist, European Central Bank

“Tracking China’s Economic and Financial Vulnerability in Real Time Using Big Data”
XIA Le, Chief Economist for Asia-Pacific, BBVA

0:00 / 0:00

Time: 5:00– 5:50 p.m.
China’s Global Financial Linkage and Capital Flow
“The Evolution of China’s Global Financial Linkages – Perspectives from a Multiplex Network”
Sally CHEN, Regional Adviser, Bank for International Settlements

“A Fintech-based Monitoring and Early Warning Framework of Cross-Border Capital Flows and Currency Crises”
SHANG Xinxin, Researcher, Foreign Exchange Research Center, State Administration of Foreign Exchange

Last revision date: 23 November 2022