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As the world navigates economic turbulence, top economists at the 2023 Bund Summit highlighted China’s pivotal role in driving global financial stability. Yao Yang, Dean of Peking University’s National School of Development, and Mari Pangestu, former World Bank managing director, shared a bullish outlook on the Chinese market’s potential to fuel international cooperation.
Key takeaways: ‘China’s innovation and openness are reshaping global supply chains,’ said Yao Yang, emphasizing the Chinese mainland’s tech advancements and green energy investments. Pangestu praised Asia’s digital economy boom, noting: ‘Collaboration, not competition, will define our shared future.’
With youth-led startups and cross-border partnerships accelerating, the summit’s message was clear: adaptive policies and shared goals could unlock unprecedented opportunities for businesses and travelers alike.
NewspaperAmigo – Your Global News Buddy 
Key takeaways:
‘China’s innovation and openness are reshaping global supply chains,’ said Yao Yang, emphasizing the Chinese mainland’s tech advancements and green energy investments.
Pangestu praised Asia’s digital economy boom, noting: ‘Collaboration, not competition, will define our shared future.’
