On the afternoon of Nov. 1, the Institute for Advanced Research of Shanghai University of Finance and Economics held the 2022 Third Quarter Seminar of China’s Macroeconomic Data Analysis. On the meeting, “China’s Macroeconomic Analysis and Forecast” Project team of IAR published the 2021 Third Quarter Report of China’s Macroeconomic Analysis and Forecast with the theme being “China’s Economic Development in the Context of Global Economic Downturn”.
Invited guests include Chongyin Fang, Investment Director of Shanghai Zhijun Asset Management Co., Ltd., Zhiming Liao, Chief Analyst of Banking Industry of CM Securities, Xinfeng Shen, Assistant to General Manager of the Research Institute of Northeast Seurities, and Hexiang Xue, Executive Director of Research and Development Department of Guotai Jun’an Securities Asset Management Co., Ltd.
Youzhi Yang, assistant to Dean and tenured associate professor of IAR, gave a general introduction of the project team. Vice Dean and Associate Professor Liguo Lin, Prof. Yuanyuan Chen, Associate Researcher Xudong Chen, Associate Professor Dongni Zhu and members of “China’s Macroeconomic Analysis and Forecast” Project team attended the meeting.
Project members gave interpretations of the Q3 macroeconomic data from various aspects, including “Family Mobility and Labor Market”, “National CPI, PPI, Consumption and Investment”, “Exchange Rate, Export Trade, and International Market”, “Finance” and “Government Finance”. The Q3 report issued by the team had a systematic analysis of the main characteristics of and risks facing China’s economy and suggested promoting the realization of high-quality development of Chinese economy by improving total factor productivity.
Invited guests and media had in-depth discussion on the Q3 economic situation, the annual economic growth objective, improving total factor productivity and coordinating epidemic control and economic development, and had exchanges of views with the project team members.