The 2021 China Chief Economist Forum & 1st Greater Bay Area (Huangpu) Economic Summit was held in Guangzhou's Huangpu district on Oct 21.

Nearly 500 chief economists, experts, scholars, entrepreneurs and financial institution representatives including Xia Bin, chairman of the China Chief Economist Forum, and Lian Ping, former chief economist of the Bank of Communications attended the event.

The 2021 China Chief Economist Forum & 1st Greater Bay Area (Huangpu) Economic Summit is held in Huangpu on Oct 21.

They shared their insights on hot topics such as changing global political and economic situations, China's macro economy and capital market development path, prospects for the Guangdong-Hong Kong-Macao Greater Bay Area under the Dual Circulation development pattern.

The14th Five-Year Plan of Guangzhou's Huangpu District for Financial Development (2021-25)was released at the forum. The added value of the local financial sector is expected to reach 26.9 billion yuan ($4.2 billion) by 2025, accounting for 5 percent of its GDP.

In addition, an agreement was signed between the China Chief Economist Forum and GDD Holding Group to conduct in-depth cooperation in heavyweight activities, think tank research, investment and financing, platform resources and industrial development which puts a major focus on biomedicine, new energy, and new-generation information technology.