Shanghai University of Finance and Economics Hosts 2025 China Macroeconomic Forum

On November 29th, the 2025 China Macroeconomic Forum was held at Shanghai University of Finance and Economics. The event was organized by the Institute of Chinese-Style Modernization and the China Macroeconomic Research Center of Shanghai University of Finance and Economics. The "2025 China Macroeconomic Situation Analysis and Forecast Annual Report" was unveiled during the forum.

The report posits that China’s macroeconomic fundamentals still exhibit considerable resilience, underpinned by a recovery foundation characterized by households “having demand,” enterprises “having motivation,” and the government “having policy space.” As the “15th Five-Year” plan ushers in a new phase, the Chinese economy has the potential to reshape its growth drivers through institutional and systemic innovation as well as structural optimization, thereby achieving a fundamental shift from debt-driven to innovation-driven growth.

In his keynote speech, Yao Yang, Dean of the Dishui Lake Advanced Finance Institute at Shanghai University of Finance and Economics, noted that the Chinese economy is entering a new stage of development centered on manufacturing and independent innovation, with national strategic security as the cornerstone. It is imperative to construct an independent, controllable, and comprehensive industrial system befitting a major country and to secure breakthroughs in key technological areas.

Published on Page 4 of Issue 1980