ECNU and Valdai Club hold online conference on economic implications of COVID-19


On May 7, the Center for Russian Studies of ECNU held a video conference with the Valdai Club, a unique association of leading Russian and foreign experts in the fields of history, political sciences, economics, and international relations. At the conference experts from both sides discussed the problems associated with the ongoing pandemic.

Experts from ECNU, Russia and other countries attend the video conference.

The conference, which was themed “Economic implications of COVID-19: Belt and Road Initiative in the new global circumstances”, focused on how to mitigate the potential threats of the pandemic and the adverse impacts it is producing on the global economy. The online meeting is a new trial by the two parties to expand cooperation as part of the “Global Democracy and International Governance” program, a flagship project of the Valdai Club this year.

The Russian attendees included Alexander Lomanov, vice director of the Primakov Institute of World Economy and International Relations under the Russian Academy of Sciences;Fyodor Lukyanov, editor-in-chief of Russia in Global Affairs; former Kyrgyzstan Prime Minister Djoomart Otorbaev; and Adil Kaukenov, director of the Kazakhstan Center for China Research.

Among the Chinese attendants were Wang Gangyi, a senior researcher with the Academy of Contemporary China and World Studies; Zhang Yansheng, a leading researcher with the China Center for International Economic Exchanges; Feng Shaolei, director of the Center for Russian Studies of ECNU; and Qu Wenyi, also with the Center for Russian Studies. The conference was chaired by Timofei Bordachev, director of the Valdai Club .

Feng Shaolei, director of the Center for Russian Studies of ECNU attends the conference.

Qu Wenyi with the Center for Russian Studies attends the conference.

The experts assessed the pandemic’s harmful effects to globalization and how it would directly impact economic cooperation throughout the Eurasian region.

The foreign experts highly affirmed China’s efforts and sacrifices in the fight against the outbreak of COVID-19, and expressed hope that China would continue to share its experience with the international community about combating COVID-19.

Experts noted that the Shanghai Cooperation Organization (SCO) and other multilateral organizations in Eurasia should exert a more active role in collaborative anti-epidemic efforts and post-pandemic economic reconstruction.

They also agreed that the pandemic has brought about some positive developments in the context of globalization, such as more in-depth Eurasian regional collaboration and China’s Belt and Road Initiative (BRI).

The Chinese experts put forward suggestions on ensuring stability for global industrial supply chains in order to mitigate the major risks to economic recovery.

Feng Shaolei and Qu Wenyi delivered keynote speeches at the conference. Other ECNU teachers, including Bei Wenli, Zhang Xin and Zheng Runyu, also attended the conference.

The conference concluded with promises for more cooperation and exchanges in the future.

Source: the Center for Russian Studies of ECNU

Copy writer: Joshua Mayfield

Editor: Zhang Linlan


East China Normal University