On the afternoon of October 11, the 25th Academic Salon for Ph.D. Students in Theoretical Economics in 2016 was jointly held by China Center for Special Economic Zone Research (CCSEZR) and Qianhai Institute for Innovation Research in Maoshuli Café located at the west gate of Shenzhen University.
The keynote speaker Dr. Andrew Elek, a senior consultant at “The Belt and Road” Initiative Research Center of Qianhai Institute for Innovation Research (QIIR), made a wonderful report themed “The Future of the Belt and Road: Long-term Strategic Issues”. The academic salon was presided over by Prof. Yuan Yiming, vice director of CCSEZR and attracted some researchers from QIIR, Associate Prof. Zhang Ping, and Ph.D. and graduate students of CCSEZR to the discussions. Prior to the salon, Prof. Tao Yitao, vice secretary of CPC Committee of Shenzhen University, secretary of the Discipline Inspection Commission of Shenzhen University and director of the CCSEZR, met with Dr. Andrew Elek and his party from QIIR in the office building and extended a warm welcome and sincere appreciation for their coming.
Dr. Andrew Elek began by introducing the vision and onset of the “The Belt and Road” Initiative and the opportunities and challenges for it. He believed that the goal of the Initiative would not be only connecting the countries in Asia and Europe, but also extending its benefits to other economies in the world. It would play an inestimable role in the integration of the global economy with its wide coverage. However, implementing the initiative requires investing more than one trillion of funds in the upcoming decades. China, as the initiator, would invest up to one trillion US dollars through development banks and Silk Road Fund and make investments in traffic and communications infrastructure in the countries and regions along “The Belt and Road” route. China would play a core role in providing funds support and policy guidance. He believed that in order to facilitate multilateral participation, project sustainability and investment efficacy during the implementation of “The Belt and Road” Initiative, important economies along the Belt and Road route should consider the following five aspects to set multilateral cooperation mechanism under the guidance of China: adhering to the principle of opening-up and cooperation, specifying cooperative goals for each stage and priority projects, sharing financing and responsibilities, addressing the risks and uncertainties and improving the investment and financing efficiency.
Dr. Andrew Elek’s report sparked a wide discussion among professors and students attending the salon for its novel topics, broad perspective and clarity of thoughts. Some professors and students raised questions on the issues such as Sino-US relations, financing mechanism and cultural fusion arising during the implementation of "The Belt and the Road” Initiative. Dr. Andrew Elek answered all the questions one by one. Prof. Yuan Yiming made comments and a conclusion for this academic event, speaking highly of the theoretical value and practical significance of the report theme. All the students said they benefited a lot from this academic salon and got inspired on the researches of future topics.
Dr. Andrew Elek, senior consultant at “The Belt and Road” Initiative Research Center of QIIR, makes a wonderful report themed “The Future of the Belt and Road: Long-term Strategic Issues”
Prof. Yuan Yiming, vice director of CCSEZR, presides over the academic salon
The scene of 25th Academic Salon for Ph.D. Students in Theoretical Economics
Prof. Yuan Yiming, vice director of CCSEZR, and Dr. Andrew Elek and his party from QIIR
Prof. Tao Yitao, vice secretary of CPC Committee of Shenzhen University, secretary of the Discipline Inspection Commission of Shenzhen University and director of the CCSEZR, Prof. Yuan Yiming, vice director of CCSEZR, and Dr. Andrew Elek and his party from QIIR