Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
China's State Council has introduced The Notice about Adjusting the Standard of Urban Size. Regarding the influence produced by the Notice, ANBOUND’s chief researcher Chen Gong believes that the city planning will be shocked first; then is the "Third Five-year Plan". It’s the current priority, and the local governments now are striving to design and implement it. Third is the real estate industry. Furthermore, the population policy strongly linked to local tax and economic growth, which means that the local finance will face great adjustment in the near futur
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
The performance of "Hu-Gang Tong" on its first day of trading didn't meet market expectation. The market generally regards it as “slow to warm up”. However, ANBOUND chief researcher Chen Gong believes such a performance is mainly caused by the integration issue of mainland and Hong Kong markets. “Hu-Gang Tong” provides a bridge for gradual synchronization of these two markets. The question is whether Hong Kong welcomes the gradual integration of capital markets of Hong Kong and the mainl
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
China Central Television (CCTV) requires urgent reform. Chen Gong, ANBOUND chief researcher, states that the reform of this SOE will inevitably face various challenges. Maybe it can be considered as becoming a state-owned fund-management organization. If separated into 4 TV stations and through the unified management from the national fund, the current CCTV can carry out a more comprehensive employment of funds and make a proper balance between its social and economic responsibilitie
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Financial geography can be regarded as an emerging discipline that analyzes financial issues from the geographical perspective. Chen Gong, ANBOUND chief researcher, states that based on the theory of financial geography, both necessity and chance can contribute to America's status as the global financial centre, which is a further understanding and study towards the objective conditions and mechanism of the financial industry. The world is changing, so do the financial centers.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
In the context of complicated world geopolitics, and an alternate new-to-old situation in western political circles, China is exposed to large challenges in the future with lots of uncertainties ahead. ANBOUND chief researcher Chen Gong believes, to properly deal with internal and external challenges, China must reorganize its interest structure internally and rebuild its international image externally, so that Chinese economy and society are able to advance steadily on a healthy and sustainable way.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Although it is identified that America has stopped adopting quantitative easing policy, there remains different views on its economic growth. ANBOUND chief researcher Chen Gong states, with the exception of financial innovation, the key node, American economy has been in stable recovery, and interest change has been the main factor for market change. One thing needs to be noted, if Fed remains its prudence, raising rates in the future could bring about large market change which may be beyond original expectation.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
MH17 catastrophe caused the death of nearly 300 people. Its influence on the world is still growing. ANBOUND chief researcher Chen Gong states that MH17 was probably shot down by Ukrainian anti-government forces that controlled by Russia. Chen Gong states that the meaning of this conclusion is that it will help China's activities to be more targeted, which is quite important for getting strategic initiative. What actions will Russia take depends mainly on Putin.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Recently, the construction of nuclear power projects is booming in the wake of increasing support from central government. Meanwhile, the largest inland nuclear power project seems to be launched later, though with full controversies. ANBOUND chief researcher Chen Gong states that the biggest problem brought about by nuclear power project is that it provides both opportunities and risks. Besides, inland nuclear power project is even more risky. Once there is an accident, its disastrous effect is beyond estimation.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Based on multi-information, Chen Gong, ANBOUND Chief Researcher, states that the recent consecutive routs in Dubai's stock market have actually indicated the outbreak of the Middle East financial crisis. To deal with this issue, China should first actively participate in the multilateral cooperative network and contribute to the economic and political stability and cooperation with the Middle East countries and regions, in order to prevent the crisis from further spreading; second, actively promote the application of the current international financial mechanism and platform and mitigate its impact on the global capital market; third, vigorously enhance the regional cooperation to gain further momentum for the global financial and economic stability by making use of the bilateral and multilateral mechanism; fourthly, promptly enlarge the enforcement of the domestic fiscal and monetary policies and fulfill the idea of Inclusive Financial system by relaxing financial market control, so as to guarantee the stability of the domestic economic and financial system.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Recently, China's "high-speed rail diplomacy" has gradually become a standing policy in international contact. Despite the fact that China’s high-speed rail has undergone an increasing expansion of “Going-out”, passenger transport still dominates the market. In this regard, ANBOUND chief researcher Chen Gong states being one of the world trade powers, China should pay great attention to cargo transport to make some research progress in this fie
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Although in recent years, the market has witnessed an increase in the amount of Hybrid Electric Vehicles, the growing speed and market share has been far below the expectation. Chen Gong, ANBOUND Chief Researcher, states that the market dilemma of the hybrid vehicle may partly due to the gradual shaping of the American pure electromobile system and the transitional value losses of the HEV, but under the stimulus of both the public opinions and the policies, the still falling market share, rather than an increase one, has reflected that the investment in enterprise should attach more importance to the basic cost and technical issues, instead of the trend of the public opinions.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
It is easy to raise policies but it is hard to implement them in China. It is even harder to manage the operation after implementation. ANBOUND chief researcher Chen Gong thinks that Chinese policies have been focusing on construction for a long time. Management and operation are hard than implementation. Good policies need top level design whose core is being systematic. A good policy should consider not only construction but also management. Only a systematic design of the whole system will be popular with people.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Chinese automobile industry has speed up its pace of going global. ANBOUND chief researcher Chen Gong believes that Chinese automobile industry will face two major challenges. First, it has no advantages in brand and technology. Therefore, providing better services should be the advantage of Chinese enterprises. Second, its relevant polices are not in place. The automobile industry's promotion of national economy is far more practical than that of photovoltaic industry.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
A domestic debatable argument these years is the establishment of various new districts, mainly including national district and national synthetically reform testing district. ANBOUND chief researcher Chen Gong holds that there is of little significance to promote the reform of new districts nationally and it has gradually evolved into a local preferential policy. Besides, China now has stepped into a new development stage. With the shrink of development space, strategic design for reform becomes increasingly important.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
RMB internationalization is an unavoidable big trend. ANBOUND chief researcher Chen Gong suggests that internationalized currency can be simply explained as "legitimate" and “convenient”. While the “legitimate” can be achieved through a country's central bank, the “convenient” will also have to be involved with the design of industrial development and debt assets in addition to the efforts of central bank. Therefore, in order to comprehensively realize the goal of RMB internationalization, the supporting reforms and systematic designs in other fields must be fol
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Debt Crisis in China originates from the root of its traditional self-sufficiency economic pattern and savings culture. ANBOUND chief researcher Chen Gong points out that China's current attitude towards debt and bonds is completely mistaken, its fear for debt could hinder the improvement of macro-economic regulation. The underdeveloped bond market has become a bottleneck which impedes China’s economic development. After all, highly developed bond market serves as the key to attract capital both at home and abroad which would like to share China’s economic development result, to reduce institutional financial cost and to disperse institutional debt crisi