Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
China has been emphasizing scientific and technological innovation recently. This is of vital importance to both of China's military and civil field and also the only path to truly upgrade China’s economy. ANBOUND’s chief researcher Chen Gong insists that scientific and technological development needs to have sound reserve. Though copinism could relieve China from emergency, it helps little with our scientific and technological reserve. In terms of development, if only importing technologies from Russia, we would be bound up with Russia’s technological route and could only follow su
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
RMB internationalization is an important strategic opportunity for global market. However, it hasn't been given a corresponding position in terms of specific promotion and execution. ANBOUND’s chief researcher Chen Gong suggests that RMB internationalization is a highly systematic work which is beyond the supervision of central bank. Therefore, China’s decision makers should put the RMB internationalization process at a higher place than central ban
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
A policy of "microstimulation" has quietly emerged to support China's economy in recent weeks. Regarding the hotter and hotter “microstimulation”, ANBOUND’s chief researcher Chen Gong believes it signals that China’s economy is not at ease. “Microstimulation” is also a kind of plan of economic stimulation, which once accumulated, can be transformed into “strong stimulation”. The current problem is since the economy at fundamental level is not yet turning well, to what extent should the “microstimulation” be ca
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
China's State Council released "new national nine measures" on May 9 to address investors’ concerns on various hot topics and set clear direction for the next phase of capital market reform. Hence, ANBOUND’s chief researcher Chen Gong highlighted that regulator needs to aware of their own historical tasks and promote capital market reform as the weak capital market has become a burden to China’s economic growth. In addition, the regulators should change the current situation whereby resource allocation is artificially distorted at a higher level and lead the market back to the positive cycle of “development-reform-further developme
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
ANBOUND is currently working on the solution for the development issue of the western region. Our chief researcher Chen Gong believes that China's economic development strategy requires the combination of both short and long term policies. The short-term policy should have clear direction align with the development plan that released after the 18th People’s Congress. Meanwhile the long-term policy refers to further reform and development at the western region
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Will China's anti-corruption campaign undermine the economic growth? ANBOUND’s chief researcher Chen Gong stated that the direct influence would be small and mainly reflected through the consumption. The consumption data has been consistently stable for years and the key for China’s economic growth is investment. Therefore, although the anti-corruption campaign will affect China’s economic but the magnitude is much smaller than expectation. Outsiders’ perception on this issue is rather deviated from the real
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
The decision makers at the department of the State Council are facing pressure of economic growth. ANBOUND's chief research Chen Gong highlighted that it is because the policy makers have not clearly identify the policy intentions. For instance, the regulators are indecisive on the property issues and keep postponing the core strategies, thus both of the policy and action have lost its direction. As a result, the economic issues have eventually become political problems.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Real estate is the current biggest factor that affects China's economic growth thus clear strategy is required to address the issue. ANBOUND’s Chief Researcher Chen Gong stated that China should include the stability of real estate prices in its future strategy. In fact, most countries consider the stability of real estate market as a national policy. At the same time, the central government should give the local government more space for regulation and control
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Many people concern whether China's economy is suffering from a crisis and majority of them believe that the answer is "yes". However, ANBOUND’s chief researcher Chen Gong highlighted that such understanding is not comprehensive. Although China’s economic growth had decline to 7.4% but the growth rate is reliable as it has eliminated SOEs and their blinded investments. It also reflects the real economic growth after the local governments losing their control over the economic growt
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Recently, Malaysian Minister of Defense and Acting Transport Minister Hishammuddin Tun Hussein invited Japanese experts to join the search of the missing flight MH370 and maintain regional stability during his meeting with the Japanese Minister of Defense Itsunori Onodera. ANBOUND's chief researcher Chen Gong suggests that this action is likely to intensify the strained relations between China and Malaysia due to the MH370 incident and China might further react accordingly.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
In-line with the release of National New Urbanization Plan, local governments begin to brainstorm how to seize the development opportunity brought by the new plan. ANBOUND's chief researcher Chen Gong warns that city development is meant to be diversified therefore if the city is developed based on a single model then its formation and pattern will be pretty similar. It is worth serious consideration whether this kind of metropolitan is valuable.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Rural development should be one of the focuses of new urbanization and the development of rural economy has to be done according to local conditions with the injection of innovation. ANBOUND's chief researcher Chen Gong believes that development of rural industry is based on local resource, unique culture, arts and skills. China has exceptional advantages in rural resources, in-line with the national concept of constructing, environment-friendly society and new urbanization.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Many people believe that urbanization speed should slow down once China's urbanization level is above 50%. ANBOUND’s chief researcher Chen Gong also agrees and even advocated it two years ago whereby 50% urbanization rate is a warning of social unrest and consists of two risk factors namely urbanization speed and urbanization rate. The government should pay more attention on how to solve the problems of urban system rather than the speed in order to raise the urbanization rate above 50%
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
It is reported that Japan has the most serious aging problem whereby uninhabited area will expanded from the current 20% to 62% by year 2050. ANBOUND's chief researcher Chen Gong warned about the issue of aging population 7 years ago; he stated that besides adjust social security system, the country also have to respond and focus on the issue of aging society. For instance, EU created "new Europe" though the expansion of European territory and brought in large number of young population to solve social security issue.
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
Looking back at the Ukraine and Kosovo issues, reality has made us seriously think whether the world is far from sovereignty conscious and returning to multilateralism. ANBOUND's chief researcher Chen Gong believes that multilateralism is required in dealing with many issues and more cooperation is needed rather than conflicts. China’s outstanding economic growth is attributed to peace, cooperation and multilateralism which bring legendary wealth and economic growth
Chen Gong
Chief Researcher, Anbound Think Tank
ANBOUND
The future society must be a knowledge-oriented society. Knowledge and information will be spread throughout every corner and sector as well as across all industries to support economic development. From ANBOUND's chief researcher Chen Gong point of view, China has lost its dominant position in education, culture and industry knowledge. To maintain its status as the world class manufacturing country, China has to enhance and update its knowledge besides emphasizing on the originality of academic achievement.
