UM holds China Economic and Business Forum

The Faculty of Business Administration (FBA) of the University of Macau (UM) held the China Economic and Business Forum 2024, which brought together more than 200 esteemed scholars, business elites and UM students to engage in insightful discussions on the future development of China’s economy and business.

At the opening ceremony, Yonghua Song, rector of UM, said that UM is committed to nurturing high-calibre talent who love the country and Macao and contributing to the building of a strong educational system. He said that the forum not only aimed to promote the prosperous development of China’s business and economy, but also to develop outstanding talent with innovation and international outlook.

The forum featured several keynote speeches by esteemed scholars. Lin Yifu, dean of the Institute of New Structural Economics at Peking University, highlighted the uniqueness of China’s economic development and discussed the innovation and application of the theories of new structural economics in the process of modernisation. Other speakers addressed the complexity and multidimensionality of the Chinese economy, the impact of the changes in the China-US relations on the Chinese economy, and China’s financial policy in the context of global industrial transformation. In addition, Yu Jun, dean of FBA and Fu Xiaoqing, programme director of the Doctor of Business Administration (DBA) programme, each moderated a round-table discussion. Business elites shared their insights into the challenges and opportunities facing China’s economy and their experiences in entrepreneurship. The forum not only provided participants with the latest news on China’s economy and business, but also offered in-depth insights into China’s economic development.