Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
During the course of studying the industrial samples from Germany, ANBOUND has adopted the "Fine Chemistry" concept which is subsequently developed into “Precision Manufacturing” with the view to highlight and reveal the future development path of China's manufacturing industry.
The prominent think-tank scholar, Chen Gong is of the view that precision manufacturing entails seven qualities, i.e. culture, art, branding, quality, circles, skills and educatio
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Russian Su-24 fighter jet was shot down by Turkey military, adding yet another varaible to the already chaotic situation in Middle East.
ANBOUND'S chief researcher is of the view that there are multiple powers including Turkey, Syrian army, Syrian armed rebels, ISIS and Kurdish militants are clashing with one another in this shatter belt
How to resolve the conflicts in the coming future may ultimately depend on the negotiations between Russia and United States.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Anbound's chief researcher, Chen Gong, is of the view that the sudden slowdown in China’s economy has caused serious imbalance and it has to be restored within short period of time or else China’s economy will enter into a recession.
The following measures should be taken to buy more time in exchange for the implementation of reform measures and improvement on the structure and productivity: -
(i)Continue to vigorously promote the reform measures and give a greater vitality and space to the market by allowing the market to be the dominant force;
(ii)Adjust the policies on the Belt and Road by focussing on the Central Eastern and the Central Asian countries and enlarge the market space which not only has to be realistic but also controllable by China; and
(iii)Implement the two-years, short term capital easing polic
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
The third quarter financial statement reveals that Russia's Russneft have received 996.5 billion rubles (approximately 97.26 billion yuan) of advance payment for future fuel supplies.
The market analysts say this is the advance payment made by China to purchase Russia’s petroleum.
Anbound’s chief researcher, Chen Gong, is of the view that, judging from this deal, in the future, the price of the refined oil in China will drift further apart from the international marke
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
"The future world will be completely different. People will continue to attack one another based on religious disagreements, wants and cultural differences. What Samuel P. Huntington did not predict is that in the next stage, conflict will not remain a matter of debate. Conflict will not be restricted to the church, mosque or the words of a preacher. People will continuously gather into different religious groups. They will take to the streets, take up arms and fight with each other, because of competing space, religious commitments, poverty and inequality.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
The latest economic data shows that China's economy is deflating.
Anbound’s chief researcher, Chen Gong, is of the view that as China’s economy is undergoing transformation, the massive stimulus might not only be ineffective but also enlarge the structural problem.
As China is facing deflation, the correct way to move forward still lies with promoting the real market-oriented reform while opening new market space in a large scale, for example, the western and the Central Asian market
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
The panorama of the local governments' financial development shows that the savings, the agricultural prices and the enhanced environment are the basic conditions for development.
The combinations of these factors show that the future of local finance should be "economic consortium", as proposed by Anbound’s research team.
Economic consortium is the key aspect of both local finance and market construction, it is the key to link not only real economy and financial environment but also to link secondary industry and tertiary industry, which is precisely why economic consortium is also the key in ensuring the economic development policy plays its role in the market
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Anbound's chief researcher, Chen Gong points out that one should not underestimate the economic contributions that could be made by Taiwan’s Democratic Progressive Party in the future, even Tsai Ing-wen, has the cards to play with.
If Tsai Ing-wen is able to put the "Made in Taiwan" concept into good use and globalize the “Made in Taiwan” concept with the aid of supportive financial policy, then Taiwan will be able to regain its market share in manufacturing and servicing sectors, bringing the Taiwanese economy to another lev
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
China is one of the few rare countries in the world which is dominant by middle way policy, a country where its main focus is on middle way policy.
Anbound's chief researcher, Chen Gong, is of the view that as the society makes progress, the leadership model, too, should change and be innovative.
The changes of strategic thinking during development should shift from "middle way" towards “holistic”, from “middle way” towards “overall”.
The difference being the efficiency, which is also the key to maximize the efficacy of the p
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
The internationalization of RMB is a crucial supporting point for a big country, which is also a complex process.
This is not merely about monetary or financial issue but rather, this is about "globalization of China".
Anbound's chief researcher, Chen Gong, is of the view that there are still different opinions on how to globalize such as its direction and extent.
It is inevitable that during the development process, there will be competitions, ups and downs and setbacks.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Anbound's chief researcher, Chen Gong, points out that we should realize that while financial innovation provides convenience, it also creates risk.
Financial system has a systemic feature; an incident in a place will have impact over a very large sector.
Therefore, financial innovation has always been related to risk, we must pursue prudent and sound policies and follow the principle that a prudent policy must be devised before a desired outcome can be achieved.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
A key phase of the China's anti-corruption campaign has just begun as China’s anti-corruption watchdog unequivocally said that it will now expand its inspections to the People's Bank of China, the China Banking Regulatory Commission, the China Insurance Regulatory Commission and the China Securities Regulatory Commission (collectively known as "One Bank, Three Commissions) The key words to the new round of inspection is undoubtedly “improper transfer of benefits
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Over the past weekend, Beijing city has been hit by smog.
Anbound's chief researcher, Chen Gong, points out that, the smog in Beijing can be used as an indicator to judge the economic growth in China. If there is many smoggy days on a particular year, then the economic growth for that year will be over 7%, or else it will be less than 7%
Chen Gong suggests that the China’s economic policy should be divided into two parts, the policy for the western region and the policy for the eastern region
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Judging from the contents of the Trans-Pacific-Partnership (TPP) agreement revealed thus far, China still has a long way to go to fulfil the requirements laid down by TPP.
Anbound's chief researcher, Chen Gong says it is highly unlikely that China will join TPP in the short term and this might last for 10 years.
The imminent task for China is to accelerate and deepen its market-oriented reform and lift its own market of 1.4 billion populations.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
As the currency for the world's second largest economy, Euro tumbled in recent years.
Anbound’s chief researcher, Chen Gong is of the view that any study on the Euro must first have understanding on the following strategic problems faced by the Europe: -
(i)the refugee crisis;
(ii)the Ukraine crisis;
(iii)the unrest in Syria;
(iv)the impacts from the Euro debt crisis;
(v)the possibility that the United Kingdom might leave European Union;
(vi)the rise of populism among the European member states, raising the world’s concern that it might further divide the Europe; and
(vii)the negative impacts on the European development resulting from the clash between the Christianity and Isla
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
China's securities watchdog is drafting a plan to implement the circuit-breaker mechanism in the country's stock market.
Anbound's chief researcher, Chen Gong, points out that the circuit-breaker mechanism has a larger impact on the trading.
In relation to the government, this could help to ease the pressure on the bailout funds, or even exit from the stock market.
The U.S’s circuit-breaking mechanism has only been activated once in several decades, China, however, as its stock market happens to be very volatile at the moment, Chen Gong is of the view that the circuit-breaking system might be activated frequently during its initial period before moving towards stabilization
