BANGKOK — The CICC Global Institute (CGI) convened its 2026 Q4 Macro Forum in Bangkok, Thailand, on October 13, under the theme “China’s Economy amid Global Rebalancing: New Paradigms and New Industries.” The event, announced via Media OutReach Newswire, marked the first time CGI’s quarterly macro forum was held in Southeast Asia, a significant expansion of the institute’s international engagement.
The forum featured welcome remarks, keynote speeches, two thematic dialogues and an evening discussion session. Yanliang Miao, Chief Economist and Senior Managing Director of CICC, delivered opening remarks and a keynote speech, emphasizing that understanding China requires a global rebalancing perspective. He highlighted the dynamism of emerging industries alongside the implications of transitioning from old to new growth engines for jobs, incomes and demand. Miao noted that China is pursuing green and digital transitions while also working toward a growth model supported by higher household incomes and services-led consumption.
Turning to the international monetary order, Miao observed that shifts in the global economy, trade networks and financial technology are driving evolution toward a more diversified international monetary system. He stressed that economic and trade strength do not automatically translate into international currency status, pointing to institutional credibility and the depth and breadth of financial markets as central to understanding this evolution and the internationalization of the renminbi.
Huimin Wu, Executive Dean of CICC Global Institute and Deputy Head of Research Department at CICC, noted that China’s economy is entering a new stage of development, as discussed in “The New Pattern of Dual Circulation,” a book jointly published this year by CGI and CICC’s Research Department. Wu said China’s trade and outward investment are undergoing a paradigm shift, while emerging industries are becoming increasingly important drivers of growth in the global economy. These changes are both part of and deeply shaped by broader global economic rebalancing, giving rise to a new pattern of interaction between China and the global economy.
The forum brought together experts and industry representatives from institutions including the International Monetary Fund (IMF), the ASEAN+3 Macroeconomic Research Office (AMRO), the Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University, the National University of Singapore, ICBC Standard Bank, Wood Mackenzie, and NSQ Capital. Discussions focused on transformations in China’s trade and outward investment and their global implications, as well as prospects for emerging industries such as innovative pharmaceuticals, green energy, and artificial intelligence.
Held during the week of the IMF and World Bank Annual Meetings, amid international discussions on global economic opportunities and challenges, the event brought Chinese perspectives to the global conversation and offered Chinese insights into key issues concerning China’s economy that are of broad international interest. The timing underscores CGI’s intent to influence global economic discourse at a moment when policymakers and investors are reassessing growth models and monetary frameworks.
As an important part of CGI’s ongoing efforts to strengthen international exchanges, present China’s perspective, and foster a deeper understanding of China’s economic transformation process, the Bangkok forum was an innovative exploration. Looking ahead, CGI will continue to deepen its international engagement and work toward building an international dialogue platform focused on China’s economy, contributing to greater mutual trust and consensus, and playing a positive role in this cause. The move signals China’s ambition to shape global economic narratives and build bridges with Southeast Asian and international stakeholders as rebalancing accelerates.
