Jim O’Neill: born 1957，Famous Economist、Senior Advisor at Chatham House。Served as Chairman bet365 games Royal Institute of International Studies、Business Secretary to the Treasury。

Working at Goldman Sachs from 1995 to 2013，Became chief economist of Goldman Sachs in 2001，Appointed Chairman of Goldman Sachs Asset Management in 2010。Afterwards，He also served as Emeritus Professor of Economics at the University of Manchester, UK、Visiting researcher at the Bruegel Institute, a Belgian think tank、Member bet365 games Economic Advisory Board bet365 games International Finance Corporation (IFC) bet365 games World Bank Group、Chairman bet365 games British Urban Growth Commission, etc.。

Jim O’Neill is the originator of the concept of “BRIC”。He first proposed bet365 games concept in 2001，And worked with the team to conduct extensive research on emerging economies such as the BRICS。He has published many reports on research in bet365 games field，Published many related books，And often focus on the future development of BRICS countries、Writing articles for international media on topics such as international economics and finance。Except "BRIC"，O'Neill has proposed the "Mint Four Nations" (MINT) in recent years。He thinks，The emerging market countries represented by the "BRICS" and the "Mint Four" are growing rapidly，Has huge development potential。

Thank you for inviting me to speak in this forum，Talk about the relationship and integration issues between bet365 games and other parts of the world。At this moment，I recorded this speech video，As the crisis in Ukraine continues。In preparing these speeches，I gained some new perspectives，Can add to my previous thoughts。I think，For bet365 games，This is a special time to think and adapt。How should bet365 games continue to deepen its integration with the rest of the world？

I would like to make my point based on five key points。However，Because everyone calls me the originator of the "BRIC" concept，Before discussing in depth，I think it is necessary to review the history for everyone。Not long since I proposed the term “BRIC”，More than 20 years have passed。As a global economic power，The rise of bet365 games and everything that comes with it is amazing。Among the BRICS，Only bet365 games has exceeded my expectations time and time again。So in the next 20 years or even longer，The integration of bet365 games and other regions will have a significant impact on the world。So in this aspect，All five points I mentioned revolve around how bet365 games will better achieve its domestic goals。bet365 games’s core goal is to help its 1.4 billion citizens double their per capita income，In other words, the goal of per capita GDP of 25,000 US dollars will be achieved by 2035。The only way to achieve this goal is to increase the proportion of bet365 games's personal consumption in GDP，For this reason, bet365 games needs to adopt a variety of domestic policies。But what I want to focus on is the integration of bet365 games and the rest of the world。

The first is the “One Belt, One Road” initiative，This is the OBOR we used to refer to。When President Xi Jinping announced this ambitious initiative to the world for the first time，I am fortunate enough to be present in person。I was very excited at the time，I know exactly what it means for world trade。So my first point is related to the “One Belt, One Road” initiative and bet365 games’s grand plans，These plans will play a major role in the development of trade and investment related to the countries along the historic Silk Road and the Silk Road Economic Belt。Objectively speaking，Although the Belt and Road Initiative has achieved many successes，But its initial development was not particularly smooth。When President Xi Jinping first announced this initiative at a famous forum in Hainan，I was there (Note: The "Silk Road Economic Belt" was actually first mentioned in Kazakhstan)。The degree of its impact on the world trade pattern，I am especially excited about the impact on many countries (trade patterns) along the “Belt and Road”。Therefore，I still believe，Through more innovative practices，It can change the world trade pattern，Including those countries that have trade relations with bet365 games。My core advice on this aspect is，bet365 games should carefully handle a complex but very important issue: play its role more proactively，Invite other countries, especially regional powers such as India，Participate in and design some projects of the “Belt and Road Initiative”，And then develop it into an important partner。I specifically mentioned India，Because it is except bet365 games，The only country with a population of more than 1 billion。If bet365 games-India trade can be further developed，And if the “One Belt, One Road” initiative can become a key node，This itself will bring huge changes to the world trade pattern。This is my first point。

The second point is related to global health issues in the post-epidemic era。bet365 games is of course the core force in responding to global health challenges such as the COVID-19 epidemic，Because bet365 games was hit by the epidemic earlier。And it’s worth noting，Compared to many other countries，bet365 games has successfully reduced severe cases and deaths from COVID-19。Compared to countries such as the UK，bet365 games’s anti-epidemic results are indeed amazing。However，In order to better deal with future infectious diseases and the issue of antibiotic resistance that I often mention and actively participate in research，I think this crisis has made us realize，We need to strengthen and improve WHO。WHO should be at the heart of a better integrated global health system。I also participate in an organization called the Monty Committee。The organization is vigorously promoting the creation of a global finance and health commission under the leadership and coordination of the G20。I think it is crucial for emerging countries to embrace this concept，Because they will be the biggest beneficiaries of improvements in global health systems。bet365 games can play a strong leading role in this regard。

The third point I want to talk about is related to the global financial system。One of the consequences of this (Ukrainian) crisis is that the Russian central bank’s foreign exchange reserves have been frozen，At least that part of the Russian central bank reserves controlled by Western central banks has been affected。This has obviously given rise to various academic research hot topics on the current status of the global financial system。The future evolution trend of the global financial system，Including the use of RMB，bet365 games can obviously play a greater role。Only this，Someday in the future，Only then can the RMB exert a greater influence in the global financial and trade landscape，And this influence will be matched by bet365 games’s growing share of global GDP。Only when bet365 games is confident enough to allow the yuan to circulate more freely，The above goals can be achieved。Although not necessarily in the same way as the current dollar and pound，But I believe，Chinese cutting-edge researchers must already be considering this issue。

In addition，I also want to talk about climate change，That’s the fourth point I want to talk about。In fact，On issues related to global climate change，bet365 games has shown quite strong leadership capabilities，I hope bet365 games can continue to maintain this momentum，Instead of like other countries。In this regard，bet365 games can make more contributions。I used to visit bet365 games often，These experiences made me realize，Chinese urban residents have long been aware of the consequences of climate change and the accompanying environmental degradation problems in their daily lives。Therefore，Obviously，If we can successfully slow down the trend of global warming，Even if this trend cannot be completely reversed，bet365 games itself can also benefit greatly。I call on bet365 games to continue to demonstrate its remarkable leadership。Also，bet365 games can also adopt the “One Belt, One Road” initiative，Play a greater role in helping other major emerging countries，To help it explore new development paths。

In a nutshell，If you echo what I mentioned at the beginning, the core challenge of bet365 games’s domestic economy is to increase the proportion of consumption in the entire GDP，Obviously，bet365 games can certainly achieve this goal with its domestic policy initiatives。But if bet365 games cannot integrate with the rest of the world in a more clever and flexible way，Then all these issues I just mentioned will make it more difficult for bet365 games to achieve its domestic goals。

Here，I want to thank you for giving me this opportunity，Speech at such a grand event，I hope to be able to attend the venue in person like many other guests。Hopefully in the near future，I can travel to bet365 games again！