Caixin Summit 2012 held in Beijing today. Afternoon, scholars Ha Ming Yang Yao discussion on China's foreign trade and economic development. Currently facing China's economy need to instability, raising the cost of traditional export mode blocked difficulties, how to realize the basic balance of foreign trade, foreign trade and sustainable development has become a topic of common concern of scholars and entrepreneurs. 

In 2020, China may replace the U.S. as the largest importer of 

Troika of consumption, investment, exports, China's economy, but China's export growth rate is slowing down. Yao Yang, director of Peking University's China Center for Economic Research, expects China's exports will return to the 10% growth rate in the next decade. 

After joining the WTO, China's exports to maintain an annual growth of about 29%, seven or eight years on increased fourfold between, but Yao Yang believes this is unsustainable. Yang Yao is expected that the next decade, exports will return to the relatively slow growth, the growth rate of 10% is the new normal. The next decade, a number of factors at home and abroad will make export deceleration. China exports mainly for developed countries, they drop in demand after China's exports impossible rose. 

Yang Yao China over the past two years to restore growth has been a miracle, because other places are on the decline, we should not expect to go back to the 20% growth in exports, those days are past. 

As for the future of China's exports and economic Yao Yang: our country over the next decade will change greatly from what is called the world's factory, China will become the world consumer market ... to 2020, China's total foreign trade structure will react turn, will become a large importing countries in the world, or even replace the U.S. as the largest importer. " 

The scholars called on China to play a more active role in the WTO 

Afternoon, Professor of International Management School in Lausanne, Switzerland Rahman to encourage China to play a more active role in the WTO. He said, describing the global trading environment not only trade bottlenecks such as China, South Korea also experienced. In many European countries, the rise of China is nervous. And now Europe and the United States, Japan, was still being dominated trade negotiations; combined with trade protectionism, nationalism, will affect the overall trade situation. 

Rahman is therefore recommended that China can play a more active role in the work of the WTO. He said: "If China is not positive, is likely to make a more serious trade bottlenecks." 

Unlike some scholars, Opp Global Advisors chief economist Bennett economic judgment more optimistic, he believes that the global economic slowdown has ended, the euro will not disappear; Now Europe undergoing economic reorganization, but the economic and not completely collapse; situation in the United States may be slowly improved. "The biggest opportunity is actually when people fear most." Bennett said. 

Bennett therefore encourage all Chinese enterprises to "go out boldly, a significant expansion of the business. He said: "We all know how the Chinese economy is powerful, do not underestimate the other economies in Asia. 

He also suggested that China should develop a better brand to go onto the world stage. Bennett said: "A lot of European companies, they think defense should be conducted at this time; Asian countries more opportunities ... I strongly recommend that China should maintain the import and export balance, it brought you good trade in services and good service, then it will improve your competitiveness. "