On the evening of August 13, Professor Wang Wen, executive dean of Chongyang Institute for Financial Studies, Renmin University of China and researcher of Financial Research Center of the Counsellor's Office of the State Council, attended the Licheng Forum in Putian, Fujian Province, to give a special lecture on the topic of Analysis on the Macro Situation of Three Hot Issues: the Impact of COVID-19, Sino-US Game and Economic Internal Circulation. The lecture was host by Wu Jinpeng, member of the Standing Committee of the District Committee and Minister of publicity, and was attended by the members of the theoretical study center group of the District Committee and cadres at or above the deputy section level of the Licheng District, Putian, Fujian Province.
Focusing on the impact of the pandemic, the game between China and the United States and the economic internal cycle, Professor Wang Wen comprehensively and systematically analyzed the current macro situation, specifically explained his opinions from four prospects：the reasons why human beings did not expect the virus crisis, the further impact of the virus crisis, the effect of latest "double cycle" strategy as well as what we should do in the future. The lecture is highly targeted and instructive, and it illustrates complicated problems in a simple way by combining the current events and typical cases and giving prominence to the key points.
After the lecture, lots of audience remarked that it is essential to apply what they have learned to practical actions, comprehensively promote the normalization of epidemic prevention and control and economic and social development. The government should make a big push to ensure "six priorities" and stability in six areas for steady economic momentum with a key focus on opening up and investment promotion and strengthening driving power of the supporting projects. We should resolutely fight the three critical battles against poverty, pollution, and potential risk and promote the high-quality economic development, so as to make continuous contributions to the construction of Licheng in the new era.
On Aug. 19, Liu Zhiqin, said in an interview with Shenzhen TV that from the situation in Hong Kong, the United States may impose financial sanctions on some individuals and enterprises, etc., to restrict the receipt and payment of funds through SWIFT, but to kick the whole Hong Kong out of SWIFT completely is very complex and sensitive, almost impossible. Because Hong Kong belongs to the most important re-export trade and international financial center in Asia, the US has huge economic, trade and financial interests in Hong Kong, and excluding Hong Kong from SWIFT will not only affect Chinese institutions and Hong Kong, but also all international institutions in Hong Kong will be seriously affected.