At the 2023 Bund Summit, held against the backdrop of significant global shifts, leading economists convened to discuss the future of global financial integration. On the final day of the summit, CGTN hosted a dialogue featuring Yao Yang, dean of the National School of Development at Peking University, and Mari Pangestu, professor of International Economics at the University of Indonesia and former managing director at the World Bank.
Yao Yang emphasized the necessity for nations to seek consensus and embrace cooperation amid profound global changes. “In these uncertain times, collaboration is not just beneficial—it’s essential,” he remarked. Highlighting China’s robust market potential, Yao expressed confidence in its capacity to drive future growth and contribute to global economic stability.
Mari Pangestu echoed these sentiments, underscoring the importance of open dialogue and partnership. “Global challenges require global solutions,” she stated. “China’s role in the global economy is pivotal, and its commitment to integration can set the tone for worldwide cooperation.”
Both experts agreed that fostering mutual understanding and removing barriers to cooperation are key to navigating current challenges. The discussions at the Bund Summit signal a collective willingness to embark on a new era of global financial integration, with China poised to play a central role.
Reference(s):
cgtn.com
