Former U.S. Treasury Secretary Lawrence Summers Discusses Secular Stagnation (AI Translation)
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- Lawrence Summers, former U.S. Treasury Secretary, emphasizes the importance of U.S.-China cooperation and mutual understanding to address global challenges, including economic stagnation and climate change.
- Summers advocates for increased consumer spending in China to counteract long-term economic stagnation and suggests that both market forces and government policies are crucial for technological advancement in areas like AI.
- Concerns about AI's impact on employment are highlighted, with Summers suggesting that education should focus more on collaboration and soft skills in the AI era. He also reflects on his career achievements and the need for a balanced approach between security measures and commercial activities in U.S.-China relations.
文｜财新周刊 王力为
By Caixin Weekly's Wang Liwei
“美国和中国就像在汹涌大海上困于小艇中的两个陌生人，彼此怎么看、什么历史让他们同舟并不重要，关键是必须找到精诚共济之道，才能抵达海岸。”美国第71任财政部长、哈佛大学前校长劳伦斯·萨默斯（Lawrence Summers）近日来华期间不止一次如此作比。
"America and China are like two strangers trapped in a small boat on the tumultuous sea. How they view each other or what history has brought them together is not important. The key is that they must find a way to sincerely cooperate in order to reach the shore," said Lawrence Summers, the 71st Secretary of the Treasury of the United States and former President of Harvard University, more than once during his recent visit to China.
2024年开年以来，正值中美建交45周年，两国间高层互动频频，中美关系似有边际转暖之势。1月上旬，中共中央对外联络部部长刘建超率团访美，商务、公安、农业农村等多部部长相继与美方部长在华盛顿会面或通话。中国国务院副总理何立峰1月19日会见了来华参加中美金融工作组第三次会议的美方代表团。1月底，中央外办主任王毅在泰国曼谷同美国总统国家安全事务助理沙利文举行新一轮会晤，同意共同落实两国元首达成的“旧金山愿景”。
Since the beginning of 2024, coinciding with the 45th anniversary of the establishment of diplomatic relations between China and the United States, high-level interactions between the two countries have been frequent, suggesting a potential thaw in relations. In early January, Liu Jianchao, Minister of the International Department of the CPC Central Committee, led a delegation to visit the United States. Ministers from various departments including Commerce, Public Security, and Agriculture and Rural Affairs subsequently met or spoke with their American counterparts in Washington. On January 19th, Chinese Vice Premier He Lifeng met with a U.S. delegation attending the third meeting of the China-U.S. Financial Working Group. At the end of January, Wang Yi, Director of China's Office of the Foreign Affairs Commission, held a new round of talks with Jake Sullivan, U.S. National Security Advisor, in Bangkok, Thailand. They agreed to jointly implement the "San Francisco Vision" reached by the heads of state of both countries.
1月上旬，萨默斯在华访问期间，与多位中国高官会谈交流。上海市委书记陈吉宁在1月8日会见萨默斯时表示，萨默斯是著名经济学家，长期致力于促进中美两国关系发展，欢迎更好发挥自身作用，为深化两国之间人文往来、学术交流搭建平台。1月10日，中国人民银行行长潘功胜会见萨默斯，并主持了萨默斯在央行的学术讲座及对话。
In early January, during his visit to China, Summers engaged in discussions with several high-ranking Chinese officials. On January 8, Shanghai's Communist Party Secretary Chen Jining met with Summers and expressed that Summers is a renowned economist who has long been dedicated to fostering the development of Sino-US relations. Chen welcomed Summers to play an even greater role in deepening cultural exchanges and academic interactions between the two countries. On January 10, the Governor of the People's Bank of China, Pan Gongsheng, met with Summers and hosted an academic lecture and dialogue with him at the central bank.
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