Wu Wenxi, a reporter for the 21st Century Economic Report, reported that on December 26, the "International Situation and Prospects for China's Political and Economic Situation in 2022" and the round-table discussion on Taosence Mountain, Conghua, Guangzhou, sponsored by the Guangzhou Guangdong-Hong Kong-Macao Greater Bay Area Research Institute, was held.

Fan Gang, vice president of China Economic System Reform Research Association and president of China (Shenzhen) Comprehensive Development Research Institute, gave a detailed explanation of the recent economic situation in China in his speech. He said that the biggest grey rhinoceros incident in China's economy next year might come from the fluctuations in the US capital market.

Fan Gang pointed out that the epidemic situation, "power rationing", the capital chain problem of real estate enterprises, the intensive introduction of macroeconomic policies and contractive policies and other factors have had a certain impact on economic growth this year. He believed that the Central Economic Work Conference at the end of this year had made some adjustments, and that China's policies in all areas of the economy would probably have some adjustments next year.

"On the whole, next year is indeed full of great uncertainty. The government needs to take effective measures to curb the economic downturn. But in terms of playing the role of the government, the government needs to put its position in order, engage in more inclusive macro policies, let the market choose, let the private economy choose." Fan Gang said.

When asked about the most likely grey rhinoceros event next year or in the next five years, Fan Gang believed that the most likely event was the US capital market. "The US market has issued too many currencies and too many government bonds in recent years. What will be the consequences? If there is a problem in the US capital market, including the vibration of the US dollar interest rate increase? I think we should pay close attention to it."

It is reported that the Guangzhou Guangdong-Hong Kong-Macao Greater Bay Area Research Institute will also launch the 2022 Political and Economic Situation Prediction Report jointly written by Fan Gang and Zheng Yongnian to make further prospects for China's political and economic situation next year.