UNIDO Director General to Speak on Importance of Industrialization on 13 Feb

21 January, 2014

Li Yong, the Director General of the United Nations Industrial Development Organization (UNIDO), will speak on the 'Importance of Industrialization' in a lecture hosted by the Technology and Management for Development (TMD) Centre.

The TMD Distinguished Guest Lecture will take place at the East School, Examination Schools, High Street on 13 February at 5 pm.

Li Yong has had an extensive career as a senior economic and financial policy-maker. As Vice-Minister of Finance of the People’s Republic of China and member of the Monetary Policy Committee of the Central Bank for a decade, Mr. Li was involved in setting and harmonizing fiscal, monetary and industrial policies, and in supporting sound economic growth in China. He pushed forward financial sector reform, and prompted major financial institutions to establish corporate governance, deal with toxic assets and strengthen risk management. Mr. Li gave great importance to fiscal and financial measures in favour of agricultural development and SMEs, the cornerstones for creating economic opportunities, reducing poverty and promoting gender equality. He played a key role in China’s cooperation with multilateral development organizations, such as the World Bank Group and the Asian Development Bank.