开幕式致辞-田轩2024首席论坛

Key Points Industry/Company Involved - Industry: Global economy, China's economy, financial markets, real estate market - Company: Not specified Core Views and Arguments - [1]: The global economy is in a recovery phase, with China being a significant force in the Asia-Pacific region. - [2]: China's production and demand are recovering, new kinetic energy is being cultivated, and high-quality development is advancing, reflecting the resilience of the economy and the effectiveness of policies. - [2]: The People's Bank of China announced the addition of 800 billion yuan in funds to the stock market through securities fund insurance companies' swap facilities and stock repurchase and appreciation re-lending operations, marking the first time the central bank has directly provided liquidity support to the stock market. - [3]: The unusual timing and background of the Central Committee of the Communist Party of China Political Bureau meeting on September 26th indicate the central government's urgent judgment and high attention to the current economic situation. - [3]: The meeting's news release was unusually concise, reflecting the urgency of the meeting. The tone was also more decisive and forceful, with many expressions reversing to become more positive. - [3]: The strong and intensive policy package of降准降息 (decreasing reserve requirement ratio and interest rate cuts) on September 27th had a significant impact on the market, with the stock market experiencing a strong rally. - [4]: The recent policy direction has been proven to be correct, but the key question is how to maintain the effectiveness of macro policies, not only to help the economy safely exit the short-term困境 but also to promote the rapid development of the real economy and successfully complete the transformation of high-quality economic growth. Other Important Content - [1]: The Tsinghua PBC School of Finance Chief Economist Forum has been highly regarded by global professional institutions and industry professionals, focusing on the development trends and policy directions of China and the world economy. - [2]: The forum has been successfully held for four sessions and is currently a highly influential and highly concerned chief economist forum, as well as a research and exchange center for China and the world's macroeconomic policies. - [4]: The forum is timely in this special year and is expected to provide forward-looking analysis and insights on the theme of global industrial structure transformation and economic outlook, discussing topics such as industrial transformation, monetary policy, fiscal policy, artificial intelligence, climate change, and new energy industries.