w88 casino: the cultivator of the Financial Academy
(Source: "China Economic Times"2013-2-27 Reporter: Bai Jingwei)

w88 casino’s introduction:
w88 casino,1941Year6Born in Lichuan City, Hubei Province. 19659857_9974
w88 casino has long been committed to the research of economic and financial theories and is diligent in writing. In addition to publishing in domestic newspapers and magazines400In addition to multiple papers, it has also been published by more than ten publishing houses20The remaining works, representative works include "Cultivation and Exploration - Selected Works on w88 casino's Economic and Financial Theory", "Marx's Currency, Credit and Banking Theory", "Discipline Construction and Talent Cultivation - Research on Economic and Financial Discipline Construction Issues", "Climbing on the Academic Highlands - An Exploration Collection of Financial Theory Issues", "Research on RMB Regionalization Issues" and "Interesting Economics", etc.
20century9011173_11328
The reporter met Professor w88 casino2003Summer. The Beijing Kaida Economist Consulting Center held a seminar in Beijing Financial Street. During the tea break, an honest and amiable old professor with a big smile came up to the reporter and said: "Hello! I am w88 casino." The first impression Mr. Qiu left on the reporter was that he was humble, easy-going, kind, and approachable, which was somewhat different from the decisive, capable and sharp-edged personality that his financial research and teaching "should" have honed. near10Years have passed, Teacher Qiu has72years old, his humility and easygoingness have not changed at all.
2013On the weekend before the Lunar New Year of 2020, the reporter was inw88 casinoThe Shaw Research Building saw Professor w88 casino again with a smile.
from196513586_13689
We spent an afternoon opening this mirror.
The dream in childhood
w88 casino was born in Lichuan City, embraced by the mountains in western Hubei Province. My ancestors originally came from a scholarly family with a relatively prosperous family background, but later declined. Due to the influence of his family, w88 casino loved reading social science books since he was a child. It was his childhood dream to become a theoretical worker in philosophy and social sciences.
Qiu Zhaoxiang lost his parents when he was young. He has experienced the hardships of life since he was sensible. Because his family was not well off, it was not easy to go to w88 casino, which prompted him to study very hard.1961w88 casino was admitted to Hubei University (now Zhongnan University of Economics and Law). w88 casino has been interested in humanities and history since he was a child. He applied for the Chinese Department and the History Department, but was unexpectedly assigned to the Finance and Credit Major of the Economics Department. While studying at university, w88 casino gradually developed a strong interest in finance due to the influence of his two mentors, Tan Shouqing and Hou Houji, and determined to study and research financial theory as his lifelong career.
Before the reform and opening up, my country implemented a planned economy, and currency circulation and bank credit were an important part of the planned economy. At that time, the curriculum of my country's financial and economics colleges was mainly based on the financial and economics colleges of the former Soviet Union and set up according to the requirements of the planned economy. The main teaching materials were also imported from the former Soviet Union, but the content of my country's monetary and financial issues was added. As far as the finance and credit major of Hubei University at that time was concerned, the main courses included "Political Economics", "Money and Banking", "Socialist Bank Credit", "Finance", "National Economic Planning" and "Bank Accounting", etc.20Multiple doors. In finance and economics schools of that era, both the content of textbooks and the scholars who taught and educated people had a very superficial understanding of modern financial theory. In addition to carefully studying professional course textbooks during his college years, w88 casino also paid special attention to reading original works by famous teachers. w88 casino said that only by reading the original works can we deeply appreciate the living water-like ideological connotation, unique insights and theoretical contributions of academic masters in their research results. Each classic is like a mountain of gold. If you can study and master a big book diligently, it will be like digging a mountain of gold, which will surely be inexhaustible and enjoy for life.
196517266_17336197217364_17462 198817491_17508 199917537_17578
w88 casino has always made a living by teaching. from199618050_1810570People, graduated and outbound PhDs and postdocs50Most of them have become pillars and academic backbones in their respective positions. In addition to teaching, w88 casino also devotes considerable energy to theoretical research on economics and finance. Universities are places for cultivating high-level talents and exploring profound knowledge. Out of love for the majors studied and the ideal pursuit of learning, I started my teaching and academic research career since I entered Beijing's universities.50Over the past few years, w88 casino said that he has become accustomed to living in seclusion in his study, wandering around and working in the field of economics and finance all year round.
"Das Kapital" paves the way for academic research
Looking back at the research trajectory of China’s academic elite in economics after the founding of the People’s Republic of China, we can see that all scholars who can be called “making achievements” in the future, whether they returned from studying in the Soviet Union or were trained locally, are almost without exception inextricably linked to the study of Marx’s Capital. This may be a special case in the history of world economic development.
1965After graduating from university, w88 casino was assigned to the Central Institute of Finance and Economics, which was the eve of the Cultural Revolution. A year later, when w88 casino returned to Beijing after participating in the "Four Cleanups" in Guangxi, the Cultural Revolution was in its feverish stage, and the two factions of the Central Institute of Finance were fighting fiercely. However, w88 casino hid in the house and concentrated on studying "Das Kapital". It was "Das Kapital" that paved the way for w88 casino's academic research.
For a long time, the research on Marx’s monetary and financial theory in our country’s academic circles has been relatively weak. w88 casino devoted himself to the research of Marx's monetary and financial theory in his early years. In order to study Marx's monetary and financial theory in depth, w88 casino read through "Das Kapital" and took 200,000 to 300,000 words of reading notes. Once, a colleague saw him making dashes and writing comments on the pages of the classic "Das Kapital". He was very surprised and kindly reminded w88 casino not to make political mistakes. w88 casino, who was obsessed with reading, was also shocked. It is precisely the indifference of scholars towards politics that enables them to devote themselves wholeheartedly to academic research and explore treasures that others cannot discover.
w88 casino’s research results are fruitful. In addition to publicly publishing in domestic publications20In addition to many papers, he also published in199321291_2133215Although there is a monograph of ten thousand words20century90The Era came out, but it took him more than ten years of hard work. It can be said that "it takes ten years to sharpen a sword." The book is rich in content, puts forward many novel and original insights, and makes an important contribution to advancing Marx's research on theoretical issues in the field of currency and finance.
In the vast economic literature of Marxism, monetary theory occupies a very important position. In his published article "On the Formation and Development of Marx's Monetary Theory", w88 casino divided the formation process of Marx's monetary thought into the following three stages based on the maturity of Marx's monetary theory: (1) From "The Jewish Question" to "The Poverty of Philosophy", it is the embryonic stage of Marx's monetary theory; (2) From "London Notes" to Economic Manuscripts (1857-185822202_222383) From "Critique of Political Economy" to "Das Kapital", it is the completion stage of Marx's monetary theory. w88 casino is very familiar with the above-mentioned classic documents. From the conversation with w88 casino, we can clearly see the historical context of the formation of Marx's monetary theory.
20century90At the beginning of the 1990s, my country's economic circles conducted relatively few systematic studies on modern Western economics, rejecting them more than learning and drawing lessons from them. At that time, there was a tendency in my country's economic circles to criticize too much the monetary theory in Western economics and not pay enough attention to its scientific content. In response to this situation, w88 casino wrote: "When Marx evaluated Ricardo and Mill's quantity theory of money, he always paid attention to their correct factors and used them to develop his own monetary theory. We should also adopt this correct attitude of seeking truth from facts." w88 casino had clearly advocated at that time that we should treat the quantity theory of money in Western economics correctly and oppose blind criticism. "Only through revolutionary criticism and the implementation of selective "borrowingism" can we develop our own monetary theory. We can only learn from criticism, absorb from criticism, and advance from criticism. "
20century90In the early 1990s, my country's financial academic circles did not study Marx's monetary and financial theory in depth enough, and they also lacked understanding of many issues related to monetary and financial theory in real economic life. For example, "Under the conditions of socialism in my country, the currency in actual circulation is RMB. As a currency symbol, RMB has no legal gold content. What is its value? How should the essence of socialist currency be understood and expressed? How can the issuance of RMB adapt to the needs of commodity circulation? What role does currency play in social and economic operations and how to fully play its role? In addition, with the deepening and development of my country's financial and economic system reform, a large number of new currency-related issues such as free convertibility, interest rates, stocks, bonds, and financial markets have emerged." This series of problems troubled the financial academic community in my country at that time.
w88 casino made an in-depth analysis of many of the above issues and carefully studied Marx’s relevant writings. He believed that although Marx’s relevant writings focused on the currency, credit and banking issues of capitalism in the period of free competition, most of them involved some of the most basic theoretical issues, and therefore have wide applicability. The many general principles expounded by Marx when examining currency, credit and banking issues still have practical guiding significance for us to correctly understand the major theoretical issues in China's currency, credit and banking aspects and many issues in the reform of the financial system at that time, as well as to build a socialist bank credit system with Chinese characteristics. w88 casino also pointed out that some of the conclusions made by Marx when discussing monetary and financial issues cannot be applied in general due to differences between today's reality and Marx's assumptions at the time. Instead, while being guided by the basic ideas or principles in Marx's monetary and financial theory, attention should be paid to supplementing, enriching and developing certain specific conclusions.
Basic theoretical research is the source of living water
As a highly respected scholar in my country’s financial field, w88 casino has paid considerable attention to and participated in discussing the construction of financial disciplines for many years, and has published nearly30He has published many relevant research papers and is one of the scholars who has published the most papers in this field in China. He is even called a "professional" by some scholars who studies the construction of financial disciplines. w88 casino's recently published book "Discipline Construction and Talent Cultivation - Research on Issues in Economic and Financial Discipline Construction" is the academic fruit of his hard work for many years. Guided by the theory of building socialism with Chinese characteristics, w88 casino has integrated and absorbed domestic and foreign research results in financial theory, closely linked with China's current financial system reform and modernization practice, and conducted useful explorations in building a financial theoretical system with Chinese characteristics.
w88 casino believes that due to the late start of research on modern financial theory in our country, coupled with the emphasis on countermeasure research over the years, insufficient attention has been paid to the construction of the financial discipline, and the research on basic financial theory has not been placed in the important position it deserves. Therefore, until today, our country is still in the stage of learning and exploration in modern financial theory. The gap between domestic finance and related foreign research still exists. There is generally a lack of original innovation capabilities, a lack of scientific research and empirical research, and a lack of high-level treatises. There are still very few original and innovative research results in the field of finance in my country, and there is a lack of classic masterpieces that can stand out from the back of the paper. So far, no one has made pioneering and foundational contributions in some aspect of modern finance, let alone created theorems, hypotheses and models named after Chinese people. The role it plays in the international financial academic community is not commensurate with my country’s status as an economic power. w88 casino is full of worries about this phenomenon, and his words fully reflect this senior scholar's mind and feelings about the construction and development of my country's financial disciplines.
w88 casino put forward many feasible and forward-looking countermeasures. He emphasized that the construction of financial disciplines and basic theoretical research should be placed in the important position they deserve. Judging from the current status of financial research in our country, strategic research occupies a very prominent position. However, the basic theoretical research as the scientific basis for strategic research is relatively rarely paid attention to, and the research strength is weak. It involves some important theoretical issues in the construction of modern financial disciplines, and the number of domestically published research results is still small. Finance is a very practical subject. In the process of reform and modernization, it is objectively necessary for more financial scholars to focus on the financial difficulties and focus issues in social and economic life, and to make suggestions for solving these problems. However, there is also a need for a certain number of study-type finance scholars who specialize in pure academic theoretical research to conduct pure financial theoretical research related to basic theories and methodologies, and to explore theoretical cutting-edge issues in the financial discipline.
w88 casino believes that if applied research focuses on “seeking application”, then basic theoretical research focuses on “seeking knowledge”. Basic theoretical research and discipline construction are the basis of applied research and the source of living water. The two are in a source-flow relationship. Without the development and innovation of basic theoretical research and discipline construction, research on countermeasures to solve specific financial problems will lose its scientific basis. w88 casino said: "Strengthening the construction of financial disciplines and improving its scientific and systematic nature will help it play a greater role in social and economic life."
w88 casino believes that the development of my country's financial theory cannot be achieved by blindly learning, borrowing and copying from the West. In this way, it is impossible to expect to be ahead of other countries in terms of academic research level. Innovation is the key to discipline construction, and innovation is the inexhaustible driving force for the development of finance. In theoretical research on finance, original and innovative research should be vigorously advocated and encouraged, and discoveries and innovations should be made in certain areas of finance that others are familiar with. In finance research work, we must not only have academic depth, but also have academic innovation. Chinese financial scholars must have the courage to be new and innovative and the courage to surpass Western academics, and strive to construct an academic style with Chinese characteristics and form their own research tradition, so as to enhance their voice in the international financial academic community.
w88 casino described the financial discipline system to reporters. He said that the construction of the theoretical system of the finance discipline includes at least six parts: first, the object, that is, the definition and research content; second, the principle, that is, the basic theory, including general concepts, basic content, main schools, theoretical value and practical significance; third, application, that is, basic practical knowledge; fourth, branches, that is, the relationship between each branch discipline and the main discipline; fifth, method, that is, the main research method; sixth, trend, that is, the current status and development trend of domestic and foreign research.
Prosperous academics, talent-oriented
The most important factor in the construction of any discipline is talents, especially academic leaders. Although my country's financial theory research talent pool is large, the talent structure is unbalanced and there is a serious shortage of high-end talents. There is an even greater shortage of top-notch talents who can join the forefront of international financial theory and participate in international competition. This has become a bottleneck restricting the construction of my country's financial disciplines and the improvement of financial theoretical research levels. Therefore, it is urgent to accelerate the training and creation of a large number of high-level financial research talents.
The cultivation of high-level financial talents mainly relies on higher financial institutions. w88 casino believes that in view of the fact that there are already a lot of financial majors in our country, but most of them have insufficient academic and teaching levels and weak ability to cultivate high-level talents, my country's higher financial education must transform from extensive and extensional quantitative expansion to connotative development that focuses on discipline construction. The quantity of financial majors needs to be stabilized, the focus needs to be highlighted, and the quality needs to be improved, and discipline construction must be put in the most important position. w88 casino, who has been teaching finance in colleges and universities for a long time, has a deep understanding of the current situation of higher financial education in my country.
w88 casino believes that to improve the quality of higher financial education in our country, it is very important to highlight key points and implement the famous brand strategy. Without focus, there is no policy. The government education authorities should select the financial majors of several universities as key support targets based on their faculty, teaching level and academic reputation, and concentrate limited financial resources to increase investment to make them more outstanding in terms of teaching quality and scientific research level, and become a "national team" or famous brand recognized by the public. In the discipline construction of financial institutions of higher learning, creating several famous brands and giving full play to the leading, demonstration and radiation effects of famous brands will help improve the overall level of higher financial education in our country, and strive for a number of universities with a focus on financial disciplines to enter the world's advanced ranks as soon as possible, making it an important foundation for cultivating high-level financial talents in our country.
w88 casino said that teachers are the main body of teaching, and a high-quality teaching team is the key to ensuring the quality of teaching and cultivating high-level talents. Since the reform and opening up, after years of continuous efforts, the finance major in my country's universities has cultivated and created a team of teachers with a certain level and strength. However, overall, this team is far from meeting the needs of the construction and development of financial disciplines. The more prominent problem is that the academic level is not high enough, and the proportion of high-level experts recognized by the academic community is low. In particular, finance professors who can stand in high-end positions, lead the direction of discipline development and enjoy international reputation are even rarer.
Education plan is based on teachers. w88 casino believes that in order to revitalize financial education in our country, in addition to focusing on comprehensively improving the overall quality of financial teachers in various universities, we must also have a high starting point and vigorously select and train outstanding academic backbone talents. Financial colleges and universities focus on revitalizing financial education on cultivating and creating outstanding academic leaders. This is like grasping the "nose of the bull", which can influence the whole body and quickly promote the development of my country's financial education to a new and higher level.
my country’s higher financial education also needs to gradually transform from imitation and following to conscious development. w88 casino pointed out that in the era of planned economy, my country's financial education mainly copied the education model of the former Soviet Union. After the reform and opening up, my country's higher financial institutions have increasingly imitated the financial education of developed countries such as the United States in terms of curriculum, teaching materials, cases, etc. w88 casino believes that it is very necessary to learn and draw lessons from the teaching content, curriculum and teaching methods of finance majors in world-class universities. This is not only conducive to communication, dialogue and exchange with the international financial education community, but also helps accelerate the development of financial education in China. A prominent problem in financial education in my country that is the same as or similar to education in many other disciplines is that there is too much learning and reference but little independent innovation. Our country's financial education cannot always stay at the stage of "borrowing" and cannot always rely mainly on "borrowing" the needed modern financial theoretical knowledge and teaching experience from abroad. Our country’s financial educators should also work diligently to quickly improve their academic literacy and teaching standards, and strive to introduce some weighty teaching experience and research results that can be recognized by domestic and foreign financial education circles, especially foreign financial education circles. With the development of financial education in our country today, we should gradually realize the transformation from imitation and following to conscious development. This is not only related to the success or failure of my country's financial education, but also directly affects the improvement of my country's financial theoretical research level, the future development of the financial industry, and its status and strength in the global financial landscape.
Attachment: Original report link:
http://lib.cet.com.cn/paper/szb_con/152546.html