The European Chamber Shanghai Chapter is delighted to be welcoming Mr. Wu Chen, author of the Economist Intelligence Unit's six-month report card on China’s stimulus package.
It has just passed the one-year mark since Beijing launched their 4 trillion RMB stimulus package in response to the global economic crisis, cited at the time to have been one of the swiftest and most successful reactions to the financial crisis. Billions of RMB were targeted on China’s infrastructure and stimulating domestic consumption.
Today, as many countries continue to struggle with recovery, visible indicators such as the growth of nationwide construction sites and a healthier-than-planned GDP growth rate indicates spending may have been efficient and properly directed, but the benefit realized by private enterprises remains unclear.
The full picture will be explained to attendees by Mr. Wu Chen as he observes the real impact of China’s stimulus package across a broad spectrum of industries.
About the Speaker
Wu Chen is the Senior Editor of EuroFinance based in Shanghai. Prior to that, he was the editor of CFO China, also an Economist Group publication since 2005. In his journalism career, he has worked for BusinessWeek in Hong Kong, Bloomberg News in Singapore, and the international news department of Xinhua (New China) News Agency in Beijing. Mr. Wu’s story on the problems involved in the process of manufacturing sector transformation in July 2008 won the Society of Asia Publishers Excellence Awards for Business Reporting (2009).
A hard copy of the EIU’s stimulus package report card will be available free for all attendees of the event.
Agenda
08:00 Registration and Breakfast
08:30 Presentation from Mr. Wu Chen
09:30 Q+A
10:00 Event close