On 25th February,
ANBOUND Urban Renewal Seminar was held at Bund No. 22 in Shanghai, supported by Shanghai Lingang Economic Development Co., Ltd. (Lingang Group) and Shanghai SMI Holding Co., Ltd. (Shanghai Chengtou), along with Shanghai Foreign Investment Development Board affiliated to Shanghai Municipal Commission of Commerce. this Seminar was co-chaired by
Yi Wang, ANBOUND's Head of Global Development Program, and Takahiro Sekido, Japan Practice Advisor for ANBOUND and a former Bank of Japan (BoJ) official. Senior executives from main companies under Mitsubishi brand and trademark, officials from Shanghai's municipal and district governments, and leaders from state-owned enterprises headquartered in Shanghai, who were invited to participate in the discussions. Their topics focused on challenges of urban development and public policy issues, covering business environments, consumption drivers, green market, aging society as well as real estate development.
ANBOUND's founder Kung Chan delivered his welcome speech that highlighted the structural reshaping of global markets and the strategic adjustments required for China and Japan to adapt to the retreat of globalization. The discussions emphasized high-level openness and quality urban development related to Chinese-style modernization that urban renewal will be playing a critical role in the economic growth, employment, livelihood and social stability. This event also aimed to strengthen Sino-Japan economic and investment cooperation, contributing to Shanghai's future development.
>>Through the combination of policy and social movements, Trumpism has altered the American political landscape and may impact global politics. As global ideologies become more diverse, Trumpism's influence may shape new political, cultural, and economic structures in the coming decades. Trumpism is not only a rebellion against progressivism but also a symbol of the rise of neoconservatism, potentially driving similar political changes worldwide. Ultimately, Trumpism may integrate into the establishment and continue to shape the global political environment, in the opinion of
ANBOUND’s founder Kung Chan.
>>Since the launch of the Trump 2.0 era, actions such as demanding Canada join the U.S. and Denmark in ceding Greenland, and forcing Panama to quit the Belt and Road Initiative, have all indicated that the U.S. will gradually shift its focus and investments toward the entire American continent. Fully integrating the Americas, including Latin America, will become a key component of the U.S.'s future global strategy. While this strategic plan will face numerous challenges, it is not without possibility. If successful, both the U.S. and the major countries in the Americas will be able to further enhance their global standing, creating a "Century of the Americas". Throughout this process, China's existing interests in Latin America may face continuous and significant disruptions, writes
Zhou Chao, Research Fellow for Geopolitical Strategy programme at ANBOUND.
>>Why has the classical model, based on the input of production factors, become increasingly difficult to use to explain the growth dynamics of the real world? ANBOUND's researchers proposed Economic Growth Model builds upon the traditional "three pillars" framework and constructs an analytical framework of "three bases and three multipliers", deconstructing economic growth into three fundamental indicators: investment, consumption, and net exports, as well as three multiplier coefficients: technology, reform, and culture. The first three indicators serve as direct statistical measures of economic output, reflecting the data relationships and manifesting as explicit economic momentum. The latter three represent multiplier effects, showing coefficient relationships that amplify or diminish the impact of the first three, together forming the dynamic system of economic growth. This reveals the complexity of economic growth, especially in the current context of China's economic transformation. Ignoring the regulation of coefficient relationships could lead to policy design falling into the problem of treating symptoms but not the root causes, according to
Yang Xite, Research Fellow at ANBOUND.
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