On the afternoon of November 16th, the 32nd session of the "Cooperation and Development" Lecture Series, co-hosted by the School of Political Science and Public Administration (SPPA) of Shandong University, Shandong University's Shanghai Cooperation Organization (SCO) Research Institute, Shandong University's Public Security Research Institute, and the China-SCO Institute of Economics and Trade, was held at the Qingdao Campus. With the theme "Why Industry Matters: A Calm Reflection Amidst Great Power Games", the lecture invited Professor Chen Weiguang—second-level professor of Guangdong University of Foreign Studies and editor-in-chief of "International Economics and Trade Research"—to deliver a keynote speech. The lecture was hosted by Professor Edmund Sheng, distinguished professor of SPPA and executive director of the SCO Research Institute. Teachers and students from SPPA participated in this academic event. Prior to the lecture, Zhu Guichang, vice dean of SPPA, awarded Professor Chen Weiguang the appointment letter as a senior researcher of Shandong University's SCO Research Institute.

Centering on the core question "Why Industry Matters", Professor Chen Weiguang delivered a systematic elaboration. He pointed out that industry, especially manufacturing, is not only an incubator for technological innovation but also the foundation of modern national wealth, security, and social stability. As China has become the world's largest manufacturing country, the global industrial pattern is being reshaped. Competition among major powers around supply chains, value chains, and innovation chains has intensified, endowing industry with both "economic attributes" and "power attributes". Taking the United States' "new industrial policies" in recent years as an example, Professor Chen deeply analyzed the structural logic behind the shift from liberalism to neo-interventionism. When discussing global industrial governance, he proposed that "industrial governance" has expanded from the national level to the global level, becoming a new proposition in international political economy. Against this backdrop, China has played an increasingly important and constructive role in safeguarding the stability of industrial and supply chains, promoting the institutionalization of the "Belt and Road" Initiative, and advocating global governance concepts.

In his summary, Professor Edmund Sheng stated that Professor Chen's report, based on a macro perspective, strategic vision, and cutting-edge insights, provided important academic enlightenment for understanding the current global industrial restructuring. It also opened up new horizons for teachers and students of the college to deepen research in industrial governance, economic security, and global governance.