Ben Fine, an economics professor at School of Oriental and African Studies of the University of London, told Xinhua at the margin of the conference that what Marx put forward over 100 years ago still has far-reaching impact.
For westerners, Marx's analysis of capitalism is worth studying, the professor said, underlining that it's of great significance to stage the conference in London, where Marx was laid rest after living for many years.
BELGIUM: SEMINARS ON MARX
In Brussels, the Chinese People's Association for Friendship with Foreign Countries (CPAFFC) and the Belgium-China Association Saturday jointly organized a seminar marking the 200th anniversary of Marx's birth.
The seminar, circling around the topic of Marxism in the world and in particular in China, brought together about 20 experts and scholars who studied Marxism in Belgium, France, Switzerland, and China.
Hans Van Duysen, chairman of the Belgium-China Association, pointed out that despite the world entering a new modern era, Marxism is not out of date and the West must reflect on its own crises.
"China has opened up a development model that is different from the West, and has found a suitable development path for itself which has led to extraordinary achievements," said Duysen.
"I believe that the Chinese model will have the resources to help the world overcome possible future crises," he added.
Separately, the Belgian Workers' Party (PTB) held a multinational event in downtown Brussels on Saturday night.
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