The Atlantic Council’s Brent Scowcroft Center on International Security hosts the People’s Republic of China’s Vice Minister of Finance, Zhu Guangyao, for an address on “China’s Vision for a More Prosperous Asia-Pacific Region.”
Vice Minister Zhu Guangyao visits the United States in connection with the spring meeting of the IMF and World Bank. His visit comes at a time when new regional initiatives supported by China, such as the Asian Infrastructure Investment Bank (AIIB), the New Development Bank (“BRICS Bank”) and the Silk Road initiative are showing strong momentum. The RMB’s internationalization continues to expand and the outflow of Chinese capital into foreign markets is rising. More generally, China is playing a larger role in shaping the global economic order and is calling for adjustments in the existing economic and financial architecture. At the same time, many economic forecasts point to the prospect of economic slowdown in the region, including in China where efforts to transition to a “new normal” face challenges. The Vice Minister will provide his perspective on these developments and China’s long-term vision for economic growth in Asia.
Vice Minister Zhu Guangyao was appointed to his current position in May 2010. He has served in the Ministry of Finance since 1988, including as China’s Executive Director at the World Bank, Director General of the International Department, and Assistant Minister. The Vice Minister serves as China’s G20 Finance Deputy and also plays a key role in the US-China Strategic and Economic Dialogue. In 2016 China will host the G20 Heads of State Summit.
Vice Minister of Finance
The People’s Republic of China
Jon M. Huntsman, Jr.
Nonresident Senior Fellow
Brent Scowcroft Center on International Security