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4/7/2024

Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Meeting with Beijing University National School of Devel…

U.S. DEPARTMENT OF THE TREASURY
Remarks by Secretary of the Treasury Janet L. Yellen Ahead of
Meeting with Beijing University National School of Development
Students
April 7, 2024

As Prepared for Delivery
Thank you for welcoming me to your campus today.
It is exciting to be among the bright minds of Chinaʼs next generation of economists and
policymakers.
As I shared with your professors when I met with them earlier today, I began my career as a
professor of economics. Throughout my time in academia, I greatly valued frequent
exchanges with my fellow faculty members. And I equally enjoyed teaching and learning from
students.
This approach of considering new ideas—and constantly testing my own assumptions—has
greatly benefited me as I became a policymaker and government o icial focused on taking a
pragmatic approach to di icult problems. I encourage you to carry that spirit forward as you
progress in your own careers.
This is why I came to Peking University today.
Over the past year two years, the United States and China have been focused on
strengthening communication, including deepening our understanding of each otherʼs
economic policies. This is key to building a healthy U.S.-China economic relationship that
brings benefits to workers and firms in both our countries.
And Iʼve deepened my understanding not just through discussions with senior government
o icials, but through discussions with businesses and academics, such as with your professors
earlier, who are leaders in their fields.
And now I get the chance to hear from you and the next generation of Chinese economic
leaders that you represent.

https://home.treasury.gov/news/press-releases/jy2238

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4/7/2024

Remarks by Secretary of the Treasury Janet L. Yellen Ahead of Meeting with Beijing University National School of Devel…

I have been told that the National School of Development is one of the best places to study
public policy and economics.
I encourage you to make the most of your time here.
And as I tell students at home in the United States, you have a tremendous amount to
contribute. You bring fresh new perspectives grounded in your own academic work and life
experiences. Itʼs your ideas that will one day help shape your countryʼs future.
Thank you again for welcoming me to your campus.
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