On November 21st, Guangzhou Nansha held the 17th IFF (International Finance Forum) Global Annual Meeting. The conference was attended by nearly 200 domestic and foreign financial dignitaries, experts and scholars, as well as more than 400 guests.
He Houhua, vice-chairmen of the CPPCC National Committee, said that the world today is undergoing major changes unseen in a century. The pandemic has caused a great impact on the global economy and society. These challenges require global responses.
António Guterres, Secretary-General of the United Nations stated pointed out that global public finance must pay attention to two key issues. The first point is to focus on the countries and industries that need help most. In the short term, we must pay attention to health, education and social security. In the long run, we must pay attention to sustainable development. The second point is to use private and domestic financing.
Li Xiaohong, the Executive Vice Chairman of IFF, emphasized that finance has played an important role in the face of COVID19 and the global economic recession. He hopes that IFF will play its role as an international platform for global financial cooperation and communication. Countries around the world can discuss the international financial situation together and propose policies here.
Included in many other topics, the guests and experts discussed the current monetary and fiscal policies, WTO reforms, the Guangdong-Hong Kong-Macao Greater Bay Area, the global carbon pricing mechanism as well as the Nansha International Financial Island for two days.
Author | Alice
Editor | Jerry