Hu Shuli, publisher of Caixin Media, delivers an opening address at the 12th Caixin Summit on Friday morning in Beijing. Photo: Caixin

Wang Shuo, editor-in-chief of Caixin Media, delivers a welcome address at the summit on Friday in Beijing. Photo: Caixin

Yu Yongding, a member of the Chinese Academy of Social Sciences, speaks during the World Economic Recovery: Cycles and Prospects plenary session via video link Friday. Photo: Caixin

Guests discuss the global economic recovery at the summit. Photo: Caixin

Jean Tirole, who won the Nobel Prize in economics in 2014, discusses theories and mechanisms for fostering common good and corporate social responsibility via video link. Photo: Caixin

Kenneth Griffin, head of leading U.S. hedge fund firm Citadel, gives a speech during the Fireside Chat: Market Outlook and China’s Financial Opening Up plenary session via video link. Photo: Caixin

Jacinda Ardern, prime minister of New Zealand, gives a keynote speech via video link. Photo: Caixin

Li Xin, managing editor of Caixin Global, hosts the summit in Singapore on Friday. Photo: Alex Chen

Heng Swee Keat, Singapore’s deputy prime minister and coordinating minister for economic policies, speaks at the Caixin Summit in Singapore on Friday. Photo: MCI Singapore

Attendees eat during the break in Singapore on Friday. Photo: Alex Chen

The Beijing registration desk for the Caixin Summit 2021 on Friday. Photo: Caixin