On the afternoon of December 9, Mr. Zhu Min, former vice president of the IMF, was invited to give a lecture entitled "Global Economic and Financial Trends" at the SAFE. The lecture was chaired by Pan Gongsheng, deputy governor of the People's Bank of China (PBC) and administrator of the State Administration of Foreign Exchange (SAFE), and attended by relevant officials from the PBC and the SAFE.

Mr. Zhu briefed the audience on the relationship between the world economy and finance, the spillovers of the world economy and finance, future trends of the global economy and the orientation of the US economic policies. He also interacted and exchanged ideas with the audience on the monetary and exchange rate policies, the future movements of the US exchange rate and the impact on China's economy, as well as China's balance of payments.