As one of the key special sessions of the 2025 Lujiazui Forum, the “2025 Lujiazui Forum Special Session & China-Europe International Financial Roundtable – CLF50 Summer Meeting” was jointly hosted on 19 June 2025 by China Europe International Business School (CEIBS), the CEIBS Lujiazui Institute of International Finance, SINO-CEEF, and several other organizations. The event brought together leading experts and representatives from the financial industry and academia to discuss the theme “Economic and Financial Stability and Development Amid Uncertainty.” At a time when global landscape is undergoing profound and accelerated changes marked by overlapping and compounding risks, the financial sector is at the forefront of the challenges. Urgent attention is now called to address critical issues such as seizing opportunities amid uncertainty, promoting financial innovation and sustainable development, enhancing the role of finance in serving the real economy, and supporting the green transition.
Mr. Chen Fei, Vice Chairman and CEO of SINO-CEEF, was invited to participate in the China-Europe International Financial Roundtable. He joined fellow panelists in a discussion on “China-Europe Economic and Financial Cooperation and Sustainable Development Amid Global Shifts.” Mr. Chen emphasized that while China and the EU are deepening cooperation in areas of shared commitment — such as sustainable development — the EU’s recent adjustments to its new energy vehicle policies should not be interpreted as a shift in strategic direction; rather, they represent a reassessment of implementation pace in response to several practical challenges: overestimation of electrification transition speed in earlier times, lagging infrastructure development, consumer adoption hurdles, and potential impacts on labor markets. He called on China and Europe to engage in deeper collaboration to leverage each side’s comparative advantages and to promote industrial integration and shared benefits. Furthermore, Mr. Chen advocated for joint leadership by the two sides to establish a unified and actionable set of green standards on a global scale. While China and the EU share strong consensus on climate action and carbon reduction, it is also important to recognize disparities in capacity and resources among developing countries. Green policies should avoid becoming disguised trade barriers. To this end, he proposed the adoption of the “80/20 Principle” — prioritizing consensus on critical aspects to achieve meaningful progress while ensuring that standards remain both enforceable and inclusive. This phased and pragmatic approach, he suggested, would help build a scalable and robust global green transition framework. Mr. Chen also shared SINO-CEEF’s practical experience in expanding investment and developing CEE markets, offering valuable insights for future cross-border collaboration.
