CCUS Technology and Business Practice Trends

Atsumasa Sakai, Senior Energy Specialist, ADB and Neeraj Gupta, Technical Director for Carbon Management, Battelle Memorial Institute (BMI) will share insights on the growing carbon capture technology trends, such as, direct-air capture, and the frontline business practice to deploy carbon dioxide transmission/storage grid infrastructure in the US. ADB’s East Asia Department has supported the PRC’s carbon capture, utilization, and storage (CCUS) development since the past decade, and BMI is engaged in the ongoing CCUS plant feasibility study.

Building with Nature in the PRC: Integrated Fushougou Drainage System

Fushougou Drainage System

Xiaoyan Yang,  Senior Project Officer (Natural Resources and Environment), ADB, will share the ancient Chinese wisdom behind the Fushougou drainage system built over 900 years ago and is still in use today. The system adopts nature-based solutions and the sponge city concept in managing sewage, stormwater, and floods. Its indigenous and innovative design integrates grey and green infrastructures, fosters urban ecosystem, and improves micro-climate and people’s wellbeing.  

ADB-PRC Seminar Series, From the City to the Mountains: Sustainable Development Goal (SDG) Elements in Beijing 2022 Master Plan and Venue Techs

Zhang Li, Dean and Professor of Architecture, School of Architecture, Tsinghua University, will share how 2022 Beijing Winter Olympics have become a catalyst for long-term sustainable development in the greater Beijing area. SDG driven strategies in regional planning and venue design will be discussed. 

Mongolia’s and the PRC’s Economic Outlook

While the PRC saw a recovery in household consumption and solid export performance in the first half of 2021, uncertainties remain. Driven by increased commodity demand, the export-driven recovery in Mongolia continues despite ongoing COVID-19 related challenges. 

Dominik PeschelDeclan Magee and Bold Sandagdorj will discuss the countries’ latest economic trends and outlook. Participants will have the opportunity to ask questions following the presentations.   

How to Join

Register via Zoom

Decentralization, Local Governance and Local Economic Development in Mongolia

The webinar will feature an overview of Mongolia’s system of decentralized governance, followed by an empirical assessment of how these features translate into the actual and practical working environment for subnational governments. The session will provide opportunities to interact with practitioners and academic experts in the fields of public administration, public finance and economics.

How to Join

Register via Zoom

Agenda
3:00–3:10 pmOpening
 Chair: Emma Fan, Director, Public Management, Financial Sector, and Regional Cooperation Division (EAPF), East Asia Department (EARD), Asian Development Bank (ADB)
 Welcome Remarks
 Bruno Carrasco, Director General concurrently Chief Compliance Officer, Sustainable Development and Climate Change Department (SDCC), ADB
3:10–3:50 pmPresentation
 Hans van Rijn, Principal Public Management Specialist, EAPF, EARD, ADB
 Roger Shotton, Managing Director, Local Development Associates
3:50–4:05 pmDiscussants
4:05–4:25 pmSummary / Discussions
4:25–4:30 pmClosing Remarks
 Pavit Ramachandran, Country Director, Mongolia Resident Mission, EARD, ADB
8:45 – 9:00Opening
Yolanda Fernandez Lommen, Country Director, ADB PRC Resident Mission
9:00 – 9:10Welcome Remarks
M. Teresa Kho, Director General, East Asia Department (EARD), ADB
9:10 – 9:50Presentations
Hans van Rijn, Principal Public Management Specialist, Public Management, Financial Sector, and Regional Cooperation Division (EAPF), EARD, ADB
Ehtisham Ahmad, Professor, Grantham Research Institute, London School of Economics
9: 50 – 10:05Discussants
Emma Fan, Director, Public Management, Financial Sector, and Regional Cooperation Division, EARD, ADB
10:05 – 10:25Summary / Discussions
10: 25 – 10:30Closing

The PRC’s 14th Five-Year Plan (2021-2025) and the Long-Run Objectives to 2035

Yuchen Gu, Director, Department of Development Planning, National Development and Reform Commission (NDRC) of the PRC, will share key messages from the recently released 14th Five-Year Plan (FYP 2021-2025) for national economic and social development and the long-run objectives to 2035. Developed every five-year since 1953, the FYP is a major feature of the PRC’s governance system. It is a grand blueprint for economic and social development, a program of common action for all ethnic groups in the PRC, and an important basis for the government to perform its functions in economic regulation, market supervision, social governance, public services, and ecological and environmental protection.

How to Join

Register via Zoom

The Role of Local Governments in Promoting High Quality Growth

Under the High-Quality Growth agenda, the PRC seeks to rebalance its economy by addressing the negative side effects of a long period of unprecedented economic growth, and local governments will have a key role to play in the implementation of that agenda. At this webinar, Hans van Rijn, Principal Public Management Specialist, ADB, and Ehtisham Ahmad, Professor, London School of Economics will analyze some critical aspects of the fiscal and institutional environment in which local governments operate, and propose areas for strengthening local government finances. Special attention will be given to the policy implications of the 14th FYP and the post-COVID-19 recovery efforts.

How to Join

Register via Zoom

8:45 – 9:00Opening
Yolanda Fernandez Lommen, Country Director, ADB PRC Resident Mission
9:00 – 9:10Welcome Remarks
M. Teresa Kho, Director General, East Asia Department (EARD), ADB
9:10 – 9:50Presentations
Hans van Rijn, Principal Public Management Specialist, Public Management, Financial Sector, and Regional Cooperation Division (EAPF), EARD, ADB
Ehtisham Ahmad, Professor, Grantham Research Institute, London School of Economics
9: 50 – 10:05Discussants
Emma Fan, Director, Public Management, Financial Sector, and Regional Cooperation Division, EARD, ADB
10:05 – 10:25Summary / Discussions
10: 25 – 10:30Closing

Financial Sector Progress, Challenges, and Future Directions in the PRC

Professor Yiping Huang, a renowned economist from Peking University, will present the results of a recent study on the PRC’s financial sector development. The study endeavored to address the role of the PRC’s financial market in supporting the “China Miracle” over the past few decades but also the challenges it developed. Professor Huang will discuss the need to (i) continue the financial sector reform to free up the market development potentials from decades of financial repression and improve the financial market conditions and overall economic development, (ii) improve supervisory and regulatory regimes to ensure financial stabilities, (iii) promote financial innovations and development such as in digital finance and green finance, and (iv) achieve a balance among market innovation, regulation, and market stability.

How to Join

Online via Zoom. Meeting ID: 998 2787 4860; Password: g9U80wSb

Features and Recent Evolution of Corporate Debt in the PRC

Ninghua Zhong, Professor and Head, Department of Economics and Finance, School of Economics and Management, Tongji University, discussed factors contributing to the high corporate debt level in the PRC, reforms taken, and COVID impact, using various datasets including 4 million firm observations.

Speaker
Ninghua Zhong

Ninghua Zhong

Professor and Head of the Department of Economics and Finance at the School of Economics and Management, Tongji University

Building with Nature in the PRC: Dujiangyan Water Resource Management System

East Asia Department (EARD)’s Xiaoyan Yang on 5 August introduced the oldest functioning dam-free water diversion project in the PRC that finely balances structural measures, natural environment and human wellbeing. EARD Qingfeng Zhang provided the opening remarks, while the PRC’s Ministry of Water Resources Wenjun Hu joined other panelists in the seminar attended by over 80 participants.

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