Event Details

When China started its opening and reform in 1979, its GDP was merely 1.5% of the world's total. In 2021, China's nominal GDP rose to about 20 trillion USD, which, by EIU's estimation, equals about 19% of the world GDP. According to forecasts from various international research institutions, China will become the world's largest economy by the end of this decade. At the sector level, the China market is already the world's largest one for certain sectors such as automotive. For other sectors such as consumer goods, China will become the world's largest market as early as 2025.


Looking ahead, the Chinese economy is facing both new opportunities and new challenges. China's development strategy has also been adjusted, paying more attention to social development instead of focusing exclusively on GDP growth. Since China's economic size and growth are important to MNCs for properly positioning China in their global strategies, it is critical to reflect on the driving forces behind China's economic rise in the last four decades and, more importantly, examine its future growth prospects.


In this lunch event, Professor Tian Zhu from CEIBS will present his views on the primary factors that contributed to China's economic rise, drawing insights from his new book "Catching Up to America: Culture, Institutions, and the Rise of China". Professor Jun Zhang (Dean of the School of Economics at Fudan University) and Dr Martin Raiser (the World Bank's Country Director for China and Mongolia and Director for Korea) will join the roundtable discussion to share their understandings about China's economic growth history and future outlooks.

Please note that this event is limited to senior-level executives and per invitation only. If you are not an existing member of The Economist Intelligence Corporate Network, but would like to learn how you can attend our events, please contact us.

Agenda

11:45 AM - 12:15 PM
Doors open for registration
12:15 PM - 12:45 PM
Lunch served
12:45 PM - 2:00 PM
Presentation, panel discussion, Q&A

Speakers

  • Professor Zhu Tian (Professor of Economics, Santander Chair in Economics, Associate Dean and Director of EMBA Program at CEIBS)

    Professor Zhu Tian

    Professor of Economics, Santander Chair in Economics, Associate Dean and Director of EMBA Program at CEIBS

    Zhu Tian is Professor of Economics, Santander Chair in Economics, Associate Dean and Director of EMBA Program at China Europe International Business School (CEIBS). Before joining CEIBS in 2005, Professor Zhu taught at the Hong Kong University of Science and Technology (HKUST) for ten years.

    From 1994 to 1995, prior to his academic career, Professor Zhu worked as an Industry Analyst for the First Chicago Bank in the United States. Educated in China and the US, he received his BSc, MA, and PhD degrees from Tsinghua University, Peking University, and Northwestern University, respectively.

    Professor Zhu is an expert on the Chinese economy and the author of Catching Up to America: Culture, Institutions, and the Rise of China (Cambridge University Press, 2021). His research articles in recent years have appeared in China Economic Review, Comparative Economic Studies, Economics of Transition, Journal of Chinese Economic and Business Studies, Journal of Corporate Finance, and Journal of Financial Intermediation. In 2017, together with Jun Zhang, he received a best article award, the Bergson Prize from the Association for Comparative Economic Studies in the United States. In addition to his academic research, Professor Zhu has written many op-ed articles for the Chinese and international press and online media including China Daily, Financial Times, Forbes, Guancha, The Economic Observer, and The Wall Street Journal.

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  • Professor Zhang Jun (Dean of School of Economics at Fudan University)

    Professor Zhang Jun

    Dean of School of Economics at Fudan University

    Professor Zhang, born in January 1963, is a Chinese well-known economist, and currently serves as Dean of School of Economics at Fudan University, one of most prestigious universities in China.

    Over the past 20 years he has authored or edited numerous books including Economic Transition with Chinese Characteristics: Thirty Years of Reform and Opening Up (McGill-Queen University Press, 2008), Transformation of the Chinese Enterprises (Cengage Learning, 2009), Unfinished Reforms of the Chinese Economy (World Scientific Publishing Ltd., 2013), and End of Hyper Growth In China(Palgrave Macmillan, 2016).

    He has been on the editorial board of about 40 academic journals both in Chinese and English including The World Economy, Economic Systems, Journal of the Asia Pacific Economy, East Asia Policy, Journal of Pro-Poor Economics, China Social Sciences Review, China Economic Quarterly, China Economic Journal, China: An International Journal, and editor-in-chief of Fudan Economic Papers.

    Professor Zhang publishes widely. Recent contributions have been to Structural Change and Economic Dynamics, The World Economy, China Economic Review, Economic Modelling, Economic Systems, Comparative Economic Studies, Journal of Asian Economics, Journal of the Asia Pacific Economy, the Journal of Chinese Economic and Business Studies, etc. In January 2018, he was rewarded the Bergson Prize by the American Association for Comparative Economic Studies(ACES) for his co-authored paper published in Comparative Economic Studies in 2015. Also in 2015, he was awarded the Prize of China Economics Innovation.

    He is a seasoned speaker who shares with his audience in-depth analysis on the Chinese economy. He has been a guest speaker to Wilton Park Conference, St. Gallen Symposium, Mizuhu Forum, Asia Casa, Forbes Forum, Global Financial Forum, J-China Forum, The Danish Top Executive Business Summit, Global Marine Forum, Shanghai Forum, The Asian Leadership Conference, etc. He has also been invited to deliver speeches to Memorial Lectures or Special Lectures hosted by prestigious academic institutions.

    Professor Zhang is the founding Director of the China Center for Economic Studies, a Shanghai-based Think-Tank for the Chinese economy. With his efforts and leadership, the Center has built up global connections across the world and became one of most important platforms in China for visits and lectures by world leading economists.

    He frequently writes op-ed pieces at Project Syndicate.

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  • Dr. Martin Raiser (Country Director for China and Mongolia, and Director for Korea of World Bank)

    Dr. Martin Raiser

    Country Director for China and Mongolia, and Director for Korea of World Bank

    Martin Raiser is the World Bank’s Country Director for China and Mongolia, and Director for Korea since March 1, 2019. Dr. Raiser is leading a team that is managing an evolving partnership with China, a growing program of support to Mongolia, and a deepening knowledge partnership with Korea focused on innovation and technology.

    Dr. Raiser holds a doctorate degree in Economics (summa cum laude) from the University of Kiel, Germany, and degrees in Economics and Economic History from the London School of Economics and Political Sciences. Dr. Raiser worked for the Kiel Institute of World Economics and the European Bank for Reconstruction and Development, where he was Director of Country Strategy and Editor of the Transition Report. Since joining the World Bank in 2003, Dr. Raiser held positions as the Country Manager in Uzbekistan, Country Director for Ukraine, Belarus and Moldova, Country Director for Turkey, and most recently Country Director for Brazil.

    Dr. Raiser, a German national, is married and has four children. He has published numerous articles in refereed economic journals and authored several books.

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  • Dr. Guoxiong Zhang (Shanghai Director, Economist  Intelligence Corporate Network)

    Dr. Guoxiong Zhang

    Shanghai Director, Economist Intelligence Corporate Network

    Dr. Zhang is the Network Director of the Economist Intelligence Corporate Network at Shanghai. He is also leading the Economist Intelligence Corporate Network's economic and business research in China.

    Before joining The Economist Group, Dr. Zhang was an Assistant Professor of Economics at Antai College of Economics and Management, Shanghai Jiao Tong University. He was also a Visiting Scholar at Kellogg School of Management, Northwestern University. Dr. Zhang has extensive research experience in the Chinese economy, particularly China's monetary and fiscal policies, from both academic and policy perspectives. His research journey on the Chinese economy started at the Asian Development Bank in 2011. As a faculty member at Shanghai Jiao Tong University, Dr. Zhang leads two state-funded research projects as the principal investigator. Dr. Zhang's research has been presented at numerous international academic conferences and published in several prominent academic journals. At Shanghai Jiao Tong University, he taught macroeconomics and finance.

    Dr. Guoxiong Zhang graduated from the University of California, Irvine, with a Ph.D. in Economics and an MS in Statistics. He also holds a BA in Economics from Zhejiang University.

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