The 62nd Duosheng Lecture Hall & the 40th Alumni Forum of BNUBS| Guan Tao: Great - Power Rivalry and China's Economic Breakthrough

On the evening of April 25, 2025, the 62nd session of the Duosheng Lecture Hall of the Alumni Association of Beijing Normal University and the 40th Alumni Forum of BNUBS were successfully held in Classroom 108 of Teaching Building 2. This event specially invited Guan Tao, a 2001 - level Ph.D. alumnus majoring in World Economics from BNUBS, the Global Chief Economist and Managing Director of BOC Securities, as the keynote speaker. With the theme of "Great - Power Rivalry and China's Economic Breakthrough", he analyzed the challenges and opportunities in the economic transformation with vivid data and a global perspective for the teachers and students present.

Qi Yudong, the dean of BNUBS; Hu Zhifeng, the associate secretary of the Party Committee of the University's Administrative Organs; Fan Zhe, the associate secretary - general of the Alumni Association of Beijing Normal University; and Han Lili, the associate secretary of the Party Committee of BNUBS, attended this event. The event was hosted by Professor Wei Hao from BNUBS.

Senior Guan Tao first introduced the current economic situation in China. In the face of the "extreme pressure" of the United States' three - round tariffs stacked up to 145%, he frankly stated that "there is nothing new under the sun": the script of the trade war between the United States and Japan in the last century is being replayed, but China is no longer the Japan of that time. Then, Senior Guan Tao revealed China's confidence with data and cases. For example, China leads the world in 57 key technologies, and BYD has surpassed Tesla. He pointed out that with the weakening of the US dollar hegemony, many countries have initiated a global currency transformation of "de - dollarization". Subsequently, Senior Guan Tao analyzed China's wisdom through the Government Work Report, pointing out that a 4% fiscal deficit ratio has provided a safety net for people's livelihood and infrastructure, and a 300 - billion - yuan financial stability fund has safeguarded people's "pocketbooks". When talking about the relief of the real - estate industry, he especially praised the precise implementation of the special funds for "guaranteeing the delivery of buildings".

Finally, regarding the issue of RMB exchange rate fluctuations, Senior Guan Tao proposed that instead of focusing on short - term fluctuations, it is better to seize long - term opportunities such as RCEP regional cooperation and the pilot of digital currencies. He suggested that teachers and students make good use of local currency settlement and diversify their market layouts to stay stable amidst the turmoil.

During the Q&A session, the audience consulted Senior Guan Tao on issues such as how the practical sector deals with institutional opening - up and the fundamental considerations of whether the central bank will cut interest rates. Senior Guan Tao patiently answered everyone's questions, and the participants benefited a lot.

At the end of the event, the members of the "WE for BNU" Future Alumni Communication Association presented Senior Guan Tao with an exquisite photo - frame souvenir, which contained the deep affection between the alma mater and its alumni. Thus, this lecture came to a successful conclusion.

Contributed by Alumni Work Office

Edited by Li Ani

Reviewed by Sun Zhijun