Huang Qifan: Reasonably adjusting the scale of our country's trade surplus, the yuan exchange rate can moderately appreciate, and the length of paid vacation can be extended moderately.

date
19/05/2026
During the 2026 Tsinghua Wudaokou Global Financial Forum held in Chengdu, Huang Qifan, Executive Vice Chairman of the Academic Committee of the China National Innovation and Development Strategy Research Association, delivered a keynote speech. He stated that it is reasonable and sustainable for a country to maintain its long-term export surplus at 2% to 3% of GDP. Huang Qifan mentioned several measures to appropriately adjust China's large export surplus, including moderate appreciation of the Renminbi and extending the length of paid leave.