The UCD Confucius Institute for Ireland and the Irish Institute for Chinese Studies at UCD organised and hosted a major 2-day international conference on the theme of ‘China’s Economic Dynamics and Its Impacts on the World Economy: A Beijing Consensus in the Making’ held at O’Reilly Hall on July 14th and Quinn School of Business on July 15th, 2011.
A host of dignitaries attended the event, including An Taoiseach Enda Kenny, Lord Mayor of Dublin Councilor Andrew Montague, the Chinese Ambassador His Excellency Mr. Liu Biwei, and renowned keynote speakers including Professor Wing Thye Woo (University of California), Professor Martin King Whyte (Harvard University), and Professor Wen Tiejun (Renmin University of China).
“China is now our largest trading partner in Asia, and our 8th largest partner overall. A simple illustration of this is the fact that at the turn of the century, bilateral trade with China was worth €715 million annually. Last year, it was €4.2 billion. Ireland is still a small, open economy with a vibrant export sector. Our recovery will be export-led and our strong trading relationship with China is an essential part of ensuring further growth.” said An Taoiseach Enda Kenny, Ireland’s Prime Minister, during his speech at the conference.
The two days attracted over 150 acclaimed academics from over 70 universities and research institutes and 18 different countries. The presentations included such diverse topics as ‘Sub-Optimal institutions but superior growth: The puzzle of China’s economic boom’; ‘The “China effect” on EU exports’; ‘The national and international expansion of SMEs from China’; ‘China’s entrepreneurial revolution’; ‘Do China’s OFDI substitute or compliment trade: Case studies of OFDI in Africa and Europe’.
“China and its economy is of huge interest globally, and this is a great opportunity to get an inside view on what the world’s top minds have to say on China’s economic miracle, how it happened, what it means for Ireland and Europe now and what will happen in the future,” said Dr. Liming Wang, director of the Confucius Institute for Ireland (UCD) and Secretary General of the Chinese Economic Association in Europe.
The UCD Confucius Institute for Ireland and the Irish Institute for Chinese Studies hosted the conference and it was co-organised by the Chinese Economic Association (Europe/UK) as the 3rd CEA (Europe) and 22nd CEA (UK) Annual Conference.