Tsinghua University School of Economics and Management (Tsinghua SEM) hosted the 2023 Advisory Board Spring Event in Beijing on March 28, 2023, participated by the advisory board members who attended the 2023 China Development Forum. Chinese Vice President HAN Zheng held discussions with the members.

Chinese Vice President Han Zheng holds discussions with the advisory board of the Tsinghua University School of Economics and Management in Beijing, capital of China, March 28, 2023.

To understand today's China, one must have an in-depth understanding of the strategic plans for the coming period set by the 20th National Congress of the Communist Party of China (CPC), HAN said.

The goal of the CPC is to ensure a better life for the over 1.4 billion Chinese people, said HAN, adding that the central task of the CPC is to advance the rejuvenation of the Chinese nation on all fronts through a Chinese path to modernization.

HAN explained the historical logic and distinctive features of Chinese modernization and emphasized that no modernization model should be regarded as the only model. "It must be based on national conditions and in line with the realities of each country," he stressed.

HAN said China adheres to the path of prosperity for all, promotes harmony between humanity and nature, and commits to high-quality development, and all these are the essential requirements of Chinese modernization.

Chinese Vice President Han Zheng holds discussions with the advisory board of the Tsinghua University School of Economics and Management in Beijing, capital of China, March 28, 2023.

China will adhere to the national policy of opening up, constantly ease market access, improve the business environment, and make joint efforts with enterprises from all over the world to maintain the stability of the global industrial chain and supply chain, HAN added.

While commending the board members for their long-term concern and support for China's education cause, HAN expressed the hope that the board members will continue to deeply participate in China's development and actively commit themselves to educational, scientific, and technological exchanges and cooperation between China and other countries.

The Advisory Board meets to discuss China and the world economy.

Overseas board members - including Tim Cook, chairman of the board and CEO of Apple; Stephen A. Schwarzman, chairman, CEO and co-founder of Blackstone; David M. Solomon, chairman and CEO of The Goldman Sachs Group, Inc.; Ola Källenius, chairman of the board of management of Mercedes-Benz AG; Marjorie Yang, chairman and CEO of Esquel Group; Richard Li, CEO and chairman of Pacific Century Group; and Robin Li, co-founder, chairman and CEO of Baidu - and Chinese entrepreneur members introduced their educational exchanges and personnel training cooperation. The overseas members said they highly appreciated the Chinese government's commitment to opening the country for mutually beneficial development, saying they are look forward to new opportunities being brought by China's modernization. They pledged to continue expanding their investments in China and increasing their spending on the green economy, sustainable development and innovative research designed to assist with China's development.

LOU Jiwei, a specially invited expert of the Advisory Board, Standing Committee member and chairman of the Committee of Foreign Affairs of the 13th National Committee of the Chinese People's Political Consultative Conference (CPPCC), former chairman of the National Council for Social Security Fund, former Minister of Finance of the People's Republic of China, and president of the Society of Public Finance of China, attended a symposium along with XIE Feng, vice minister of Foreign Affairs; SUN Yao, vice minister of Education; WANG Xiqin, vice chairman of the Advisory Board and President of Tsinghua University; QIAN Yingyi, vice chairman of the Advisory Board, senior professor of arts at Tsinghua University and fourth dean of Tsinghua SEM; BAI Chong-En, dean of Tsinghua SEM; CHEN Yubo, party secretary of Tsinghua SEM's CPC Committee; CONG Zhentao, director of the Party Committee office and President's Office of Tsinghua University; as well as other relevant officials from the Ministry of Foreign Affairs and the Ministry of Education.

The Advisory Board meets in a roundtable session.

After the symposium, the Advisory Board met in a roundtable session. Tim Cook chaired the meeting, and attending board members and guests discussed the topic of "China and the World Economy: 2023 and Beyond".

Tsinghua SEM established its Advisory Board in October 2000, drawing on the knowledge of renowned entrepreneurs, business school deans and distinguished scholars and experts from China and abroad, including Nobel laureates in economics. ZHU Rongji, the first dean of Tsinghua SEM, served as the board's honorary chairman. The Advisory Board works to strengthen connections between the school and external communities, enhance the overall level of research and teaching at Tsinghua SEM and assist the school in becoming a world-class institution of economics and management.