A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 209 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 212 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 86 countries worldwide, and 293 Russian public organizations, federal and regional executive and legislative bodies of the Russian Federation.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.

Wang Wen

Wang Wen

Executive Dean, Chongyang Institute for Financial Studies, Renmin University of China (RDCY)
Quotes
11.09.2023
EEF 2023
Greater Eurasia: Drivers for the Formation of an Alternative International Monetary and Financial System
We do not have enough strategic ambition to rebuild a system to act as an alternative to the current dollar-based system. <...> We do not have the capabilities or the opportunities to do so. Look at the history of what happened with the dollar. <...> The dollar needed half a century to create a system which served as an alternative to the pound. <...> So, we are aware of how much needs to be done to create a yuan-based alternative system
11.09.2023
EEF 2023
An Open Far East in the World Economy: Achievements and Future Plans
Work is already under way to establish an international advanced special economic zone. It should offer something new, and be adapted as much as possible to the needs of those in neighbouring countries who work with us. A patriotic advanced special economic zone has also been established. There, we support the production of the dual-use items we need
11.09.2023
EEF 2023
An Open Far East in the World Economy: Achievements and Future Plans
As far as investment in infrastructure is concerned, there is not enough growth. There needs to be more investment in infrastructure. The total amount of investment is fairly low – USD 30 billion. The Far East is a vast region. <...> Investments so far have not led to a major change in the [size of the – ed.] population
11.09.2023
EEF 2023
An Open Far East in the World Economy: Achievements and Future Plans
We can see that the role of this region is growing. However, at least 20 years have passed since Vladimir Putin spoke of the need to pivot to the East. <...> From China’s point of view, the development of the Far East must be accelerated. Vladivostok needs investment, infrastructure, and tourists. The pace must be increased
07.09.2022
EEF 2022
Eastern Dimension of International Cooperation in the Arctic
China’s aim with regard to the Arctic and Arctic nations is to understand, protect, and get national governments in the region to work in the interests of all countries, and to build a community focused on sustainable development in the Arctic. <...> China is gradually becoming a global player, and has much less experience compared to other countries. Therefore, we must take a very careful approach to this. That’s the first thing. The second thing is that we must be very cautious about using our advantages. That said, we have an excellent structure and potential in the construction industry. This is something we can offer the whole world as efforts are made to fulfil objectives. This is particularly true in terms of working with Russia
06.09.2022
EEF 2022
Gateway to a Multipolar World. The Far East in the New Architecture of International Relations
The Northern Sea Route is the most essential transport artery, which is of great importance for developing the economy and responding to the challenges and strains that currently exist. The Russian government has adopted a plan for the Northern Sea Route. It will cost us RUB 1.8 trillion, but I am certain that we will manage. We will build icebreakers, launch satellites, build escort ships and much more, so that the Northern Sea Route will work at full capacity,” Trutnev said.
“Vladivostok has something to work towards. Building infrastructure, such as subway, roads, and highways. They must be highly convenient and must ensure competitiveness. We need to look at building a large market [...] The three provinces of China that border Primorye should develop bilateral relations and cross-border trade [...] Vladivostok is situated on the shores of the Sea of Japan, and we need to open up to the world. This would be a good direction for common development
06.09.2022
EEF 2022
Gateway to a Multipolar World. The Far East in the New Architecture of International Relations
In the next decade, China will rank first in terms of economic development, followed by India, the United States and Japan. Where are the European countries? They are experiencing a certain decline, a slump […] What is Russia’s role? I think Russia can enjoy dividends now in its economic development, which are created by its immediate neighbours. The Primorsky Region plays an important role in the development of the Russian Far East, and now it is crucial to integrate into the overall economic system
16.06.2022
SPIEF 2022
Self-Sufficiency and Cooperation: Features of Modern Political Economy
A new world order is currently taking shape, the so-called Indo-Pacific strategy. […] New links are being forged. Efforts must be made to avoid war while also avoiding US hegemony. So the developing economies must attain a high level in new technologies, ensure self-sufficiency and, at the same time, maintain close links for cooperation and support for investment. It is also necessary to develop a broader approach, a broader vision of what it taking place
16.06.2022
SPIEF 2022
Self-Sufficiency and Cooperation: Features of Modern Political Economy
This [collapse of the globalization concept – Ed.] is a tragedy suffered by the governments of all countries. Because the global economy also means a global division of labour, and global production, which inevitably force their way across state borders and affect the economy of the state, and it is now a pity that such a situation is taking shape, that division and disruption are occurring on international markets, at the level of goods and commodity markets, causing virtual backsliding
16.06.2022
SPIEF 2022
Self-Sufficiency and Cooperation: Features of Modern Political Economy
We speak of the need to develop our own aviation industry, for development in aviation and engineering, and of the need to become independent of the USA. And, at the same time, we talk about equal cooperation, collaboration. We have stopped being a closed economy, stopped being a self-sufficient economy but it is also necessary to ensure a sufficient level of openness in order to use all the advantages existing within the framework of a big market