Source: RDCY Website Published:2020-10-19
“14th Five Year” Plan and Crossing Middle-Income Trap
When: Oct 19 20:00(Beijing time,UTC+8)
Wu Xiaoqiu, Former Vice President of Renmin University of China, Director of Sino-US people-to-people exchange Center, Director of the Institute of Finance and Securities, First Class Professor (Finance), Vice Chairman of Academic Committee of Renmin University of China, and Distinguished Professor of Chang Jiang Scholars, ministry of education (2007). Professor Wu Xiaoqiu is a scholar with great influence in the field of capital market research in China's economics field. He is an important pioneer in China's securities teaching, scientific research, personnel training and capital market theory research.
（1）The background and significance of“14th Five Year” Plan.
（2）The definition and phenomenon of “Middle-Income Trap”.
（3）Why the country cannot escape from the“Middle-Income Trap”.
（4）The new world map provides a brand-new world view for the whole society.
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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.