The global economy is facing increasing uncertainties due to multiple challenges such as the resurgence of Covid-19 across the world, lack of access to vaccines in the developing world and high inflation in major economies.

Although China already has the pandemic under control and continues to lead the world’s economic recovery, it still needs to address the risk of fresh outbreaks of Covid-19, geopolitical tensions and rising trade protectionism.

Looking at the performance of countries across the world in 2021 we wonder if the global economy will rebound in 2022?

The three IFF Forums will explore new landscapes in the world economy and China’s economy. The IFF will release the IFF Global Finance and Development Report at the Three Forums.

Will elevated global inflation, monetary policy tightening by the US Federal Reserve, and interest rate hikes in advanced economies exacerbate the global debt problem, affect capital flows, and increase economic and financial risks in emerging markets? In July 2021 during a meeting in Italy, the G20 Finance Ministers and Central Bank Governors (FMCBGs) reached a historic agreement to establish a more stable and equitable international taxation framework. More countries are promoting the energy transition process, which includes the decarbonization of major industries such as steel and power. Meanwhile, at the three Policy Dialogues, enterprises and policymakers discussed inflation, debt, taxation, and decarbonization.

What are the prospects for China-US economic, financial, and trading policies? What should be done to make communication more effective and reduce misunderstandings or uncertainties?
China is transforming the underlying logic of its economic development from prioritizing growth to a greater emphasis on fairness. How can China achieve its "third distribution" and "common prosperity" goals?
The two dialogues will discuss these important issues as they relate to China-US economic relations and common prosperity.

These six summits covered peak carbon emissions and carbon neutrality, global climate investment and financing, sustainable development of the Belt and Road Initiative (BRI) and China's poverty reduction experience, as well as digital finance, wealth management, and technological innovation. Policymakers, experts, scholars, and business leaders across the world gathered at these IFF summits to share insights and exchange ideas.

Four roundtables took place at this annual meeting.
The entrepreneur roundtable gathered business leaders and scholars to discuss approaches to peak carbon emissions and carbon neutrality as well as the formulation, rating, and disclosure of ESG standards for listed companies in China.
At the financial risk management roundtable, the IFF launched a book titled “The Risk Management of China's Financial Sector” and organized a discussion about the book with experts.
Meanwhile, the Greater Bay Area roundtable examined the new global landscape's impact on the Guangdong-Hong Kong-Macao Greater Bay Area, related challenges and opportunities, as well as efforts to jointly build the Greater Bay Area into an international financial hub.
Finally, at the green finance roundtable, participants engaged in discussions about how financial institutions can play their roles in supporting actions to fight climate change and protect biodiversity and the environment.