The Business School Hosts 37th Session of "Let's Brainstorm" Series

On November 24th,2020, the 37th “let’s Brainstorm”, a series of brainstorming sessions, was successfully held in the second conference room of the Business School with the theme “working together, Embracing Openness and Cooperation”. The event was attended by more than 50 graduate students from the major of the discipline of Marxist theories of the school of Marxism, National Economics, Finance, Labor Economics, statistics, business management, accounting, technical economics and management, Public Management and systems science of Business School

From November 5 to 10, the Third China International Import Expo was successfully held in Shanghai. This expo was held as scheduled under the circumstances of the spread of the COVID-19 and the increase of unstable factors in the world economy. Hundreds of new products, new technologies, and new kinds of services will be “launched globally and first in China. ” It has added strong positive energy into the recovery and development of the world economy. In this brainstorming session, the students mainly discussed China’s contribution to the world in terms of their understanding of the expo and the significance of its successful holding, analyzing the opportunities our country is facing in the new era of sharing economy as well as how to grasp them.

Jiang Yue, a class of 2019 student who majors in statistics, believes that ICCE is a great innovation for China to expand imports and provides an inexhaustible driving force for the expansion of China’s total trade volume. China has played a major role in world trade, opening up export markets not only for high-end manufactured products from many developed countries but also for many developing countries. China is facing the new opportunity of sharing a huge market with the world in the sharing economy. We should deepen the cooperation in international economics to realize reciprocal prosperity and progress. Xu Nan, a class of 2019 student who majors in technical economy and management, believes that the ICCE will broaden the way on China’s reform and opening-up, and contribute to the well-being of all peoples in various countries and the high-quality development of China. China is facing new opportunities in technological innovation and the transition to a digital economy. This epidemic is also an opportunity in a  crisis. The sharing economy will unleash its potential in key areas of people’s livelihood, such as education and medical care, and further, improve the well-being of the people. As a volunteer of the ICCE, Wei Yuting, who majored in Marxist theory in Class 2019, realized the great promotion of China’s international image after seeing many exhibitors and negotiation exhibits. She said that in the first 10 months of this year, China’s total value of goods imports and exports increased by 1.1 percent year-on-year, which is commendable in the context of the global economic downturn; among them, the export of medical supplies accounts for a large proportion, which is a symbol of China’s growing power in the growth of international trade. She also believes that China should be against Trade unilateralism and trade protectionism under the sharing economy to promote the One Belt and One Road and high-quality development and share the outcome of the technology innovation of every country as well as strength both region and global cooperation in the economy.

Gu Jiayu, class of 2019 in public administration, talked about the significance of CIIE from both domestic and international perspectives, she puts forward CIIE’s importance in promoting China’s opening up to the outside world, the domestic big circle, the domestic and international double circle, and the revival of the global supply chain and the industrial chain, it is also a new opportunity for the further development of the new form of sharing economy. We should further improve the innovation system and the system of economic globalization, and handle the contradiction between the sharing economy and traditional economy. Sun Guoqiang, a class of 2020 who majors in statistics, said that China faces new opportunities to expand domestic demand and supply-side structural reform. The import of new products and technologies provides an important breakthrough for the transformation and upgrading of traditional energy-consuming industries. During the whole discussion, the atmosphere at the event was very lively and the whole event lasted nearly one and a half hours.

“Let’s Brainstorm” is one of the features of the Business School and has successfully held 37 events so far. Through this activity, students have a deeper understanding of the significance, role, and impact of the CIIE, and a clearer understanding of China’s policy of expanding the opening-up.