The Policy Research Institute (PRI) has been conducting research exchanges with leading Chinese research institutes in economic and fiscal fields. In Tokyo, PRI and the Chinese Academy of Fiscal Sciences (CAFS) held a joint seminar, the 6th Japan-China Think Tank Forum on Finance Policy, on June 8. CAFS is an institute under the Ministry of Finance, China. The joint seminar has been held since 2016, and this time it was held in a face-to-face format for the first time in four years.

The speakers gave presentations on the subjects of “Fiscal Policy and Tax System Reform to Adjust to Social Changes” and “Policy Responses to Climate Change” under the forum’s theme of “Policy Responses towards a Sustainable Society.” Furthermore, commentators provided their opinions to these presentations in order to facilitate active discussions.

Opening Session

EJIMA Kazuhiko, President, PRI

LIU Shangxi, President, CAFS

Session 1: Fiscal Policy and Tax System Reform to Adjust to Social Changes

[Chair] ONO Heihachiro, Executive Vice President, PRI
[Speakers]

YAMADA Hisashi, Professor, Business School of Innovation Management, Hosei University
“The causes of and responses to the declining birthrate in Japan”
LIU Shangxi, President, CAFS
“China's fiscal and tax system reform to promote common prosperity”

[Commentators]
TANAKA Osamu, Special Adviser for China Research, PRI
ZHU Xiaoyu, Deputy Director and Assistant Researcher of the Global Governance and Public Finance Research Center of CAFS


Session 2: Policy Responses to Climate Change

[Chair] CHEN Shaoqiang, Director and Researcher of the Resource, Environment and Ecological Civilization Research Center of CAFS

[Speakers]
YAMAMOTO Yosuke, Counsellor, Secretariat of New Form of Capitalism Realization Headquarters, Cabinet Secretariat, Government of Japan
“Fiscal policy for decarbonization investment towards 2030”
FAN Yixia, Deputy Director and Researcher of the Resource, Environment and Ecological Civilization Research Center of CAFS
“Fiscal policies to support carbon peaking and carbon neutrality”
[Commentators]
FUKUMOTO Tomoyuki, Professor, Osaka University of Economics
LI Mojie, Assistant Researcher of the Resource, Environment and Ecological Civilization Research Center of CAFS

Closing Session

EJIMA Kazuhiko, President, PRI

LIU Shangxi, President, CAFS

[Japan-China Think Tank Forum on Finance Policy]

[Group photo]