China's Robust Green Energy Transition System Facilitates Smooth Navigation of Global Energy Crisis, Highlighting Structural Strengths

On July 16th, the "2026 Sina Global Capital Summit," organized by Sina Finance, was grandly convened in Hong Kong, China. The summit, themed "Rooted in Hong Kong, with a Global Vision," assembled leading figures from global political, business, academic, and research sectors for in-depth discussions on core topics including global capital market trends, cross-border capital allocation, and the international expansion of technology firms.

The summit's distinguished attendees spanned senior government officials, international financial institutions, top investment banks, industry leaders, and academic pioneers. Participants included Liang Zhenying, Vice Chairman of the National Committee of the Chinese People's Political Consultative Conference and former Chief Executive of the Hong Kong Special Administrative Region; Ian Goldin, former Vice President of the World Bank and Professor at the University of Oxford; Wang Zhonglin, Academician, founding Director and Chief Scientist of the Beijing Institute of Nanoenergy and Nanosystems, Chinese Academy of Sciences; Charles Li Xiaojia, founder of Micro Connect and former Chief Executive of Hong Kong Exchanges and Clearing Limited; Ding Chen, CEO of CSOP Asset Management; and Xing Ziqiang, Chief China Economist at Morgan Stanley, among others, who engaged in high-level dialogue on new directions in global financial markets.

Morgan Stanley's Chief China Economist, Xing Ziqiang, delivered a keynote address at the event. He stated that the responses of China, the United States, and Europe to the recent global oil price surge and energy crisis have shown significant divergence. The United States relied on depleting its strategic petroleum reserves to stabilize markets, while Europe, constrained by energy import shortages and lagging infrastructure, has been passively bearing the pressure. In contrast, China, leveraging its well-established green energy transition system, has smoothly navigated this round of energy shocks, demonstrating the advantages of its energy structure.