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Beijing to host 2024 Financial Street Forum annual conference

China

China

China

Beijing to host 2024 Financial Street Forum annual conference

2024-10-11 17:25 Last Updated At:19:07

The Financial Street Forum 2024 will be held next week in Chinese capital Beijing focusing on topics including financial openness and economic cooperation.

At a press conference for the 2024 Financial Street Forum on Friday, organizers revealed that this year's meeting will prioritize building trust and confidence while highlighting the importance of financial openness, cooperation, and shared economic benefits.

"We organize this forum annually to enhance financial exchanges between China and the global community, promote positive interactions between finance and the real economy, and create a platform for dialogue among international financial institutions, experts, and scholars. The event also aims to raise awareness of China’s financial reforms and developments, reflecting the country’s confidence and commitment to advancing financial reform and opening up," said Lu Wuxing, director of the Beijing Financial Street Service Bureau.

More than 500 distinguished guests from around 30 countries and regions are anticipated to attend the forum, where they will engage in insightful discussions on global key financial topics.

Founded in 2012, the Financial Street Forum has been successfully held for 11 years. Considered as the bellwether of China's financial reform and development, it has been upgraded to a state-level and international industry forum since 2020, and become an important platform for the country's opening up and development.

The Beijing Financial Street (BFS), formed in 1993, is dubbed "China's Wall Street" and the "brain" of the country's financial sector.

Beijing to host 2024 Financial Street Forum annual conference

Beijing to host 2024 Financial Street Forum annual conference

The leader of the Taiwan region Lai Ching-te has been deliberately trumpeting his secessionist rhetoric in order to push forward his sinister intentions of increasing hostility and confrontation across the Taiwan Strait and advancing his own political interests, according to scholars in Taiwan.

Lai continued to peddle his so-called "two-state" rhetoric by claiming the two sides of the Taiwan Strait are "not subordinate" to each other in a provocative "Double Ten" (October 10) speech on Thursday, where he again put forth his "Taiwan independence" fallacies.

Lai's remarks demonstrated his unwavering "Taiwan independence" stance, along with his confrontational mindset and were another example of his continuous provocations, according to Cheng You-ping, a professor from Taipei University.

"He uses such arguments to, firstly, stealthily shift the responsibility for peace onto the mainland. Secondly, he seeks to deliberately create the impression of an 'equal' status between the mainland and Taiwan region, as part of his new 'two states' theory discourse. This is his rhetoric style, which may seem unproblematic when people listen to them at the first time. Especially if the general public in Taiwan region do not realize the sinister intentions of Lai Ching-te, they may easily fall into his trap. We can say that his true intention of his conspiracy is to create a nation-to-nation relationship," said Cheng in an interview with China Central Television (CCTV).

Kao Yuang-kuang, a part-time professor at Chengchi University in Taipei added that Lai's remarks are designed to shore up support ahead of local leadership and legislature elections, rather than to safeguard stability on the Taiwan Strait and ensure people's welfare.

"He makes selective statements to strengthen his power. It is clear that Lai's focus is on solidifying his support base, planning for the regional elections in 2026, and secure his re-election in 2028," said Kao.

Lai Ching-te's confrontational cross-Strait remarks made to boost own political interests: scholars

Lai Ching-te's confrontational cross-Strait remarks made to boost own political interests: scholars

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