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Release time:2025-07-07
On the morning of July 1st 2025, the economic situation analysis seminar was held in Beijing by Democratic Construction Central Committee. Its Chairman Mingjin Hao attended the seminar and gave a speech, Executive Vice Chairman Boyong Qin hosted the seminar and Vice Chairman Dongsheng Sun was in attendance. Professor Jun Qian, Standing Committee Member of Democratic Construction Shanghai Committee and Executive Dean of Fudan International School of Finance, was invited to attend the seminar and give a speech.

Professor Jun Qian made an in-depth analysis and provided opinions and advice on the economic situation in the first half of this year and solutions to the problems, as well as the development planning of the Chinese financial system in the “15th Five-year Plan” period. He stated that in the first half of 2025, the national economy had withstood pressure and maintained steady growth, continuing the development trend toward a new and positive direction. Meanwhile, it needed to be done to further boost domestic demand growth, stop the falling off and stabilizing the real estate industry, and constantly control financial risks in key areas. Moreover, the “involution-style” competition needed to be solved with relatively higher uncertainties in overseas markets. He advised to vigorously push forward the sustained recovery of financial asset prices such as real estate and stock markets; introduce a more aggressive combination of fiscal and monetary policies to boost the domestic demand market; focus on and do a good job in the governance and supervision of “involution-style” competition; continuously deepen economic and trade exchanges and strategic cooperation with non-US regions. In terms of the financial system, he proposed to expand and strengthen the capital market, cultivate a group of high-quality listed companies; strive to develop sci-tech finance which leads the comprehensive development of the Five Priorities in Finance; and significantly promote the internationalization of the RMB.
At the seminar, Chairman Mingjin Hao held that Xi Jinping’s economic thoughts needed to be thoroughly studied and implemented to constantly improve the political stance of serving the central work of the Party and the country. We should correctly analyze and understand the current economic situation, and effectively align our thinking with the accurate assessment and scientific judgment of the economic situation by the Central Committee of the Communist Party of China. In addition, it was necessary to organize internal and external forces to conduct in-depth research on the domestic and international environment surrounding China’s development during the “15th Five-year Plan” period, major strategic issues to be grasped, the main goals and key tasks of economic and social development, providing reference for formulating the “15th Five-year Plan”. Also, taking the theme education of “learning regulations, enhancing conducts and upholding images” as an opportunity, we needed to hone our basic skills of investigation and research with a more rigorous work style and demonstrate our responsibilities with more fruitful results, striving to create a new prospect in conducting research and offering policy advice.