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The 21st Financial Culture Festival of the w88 casino of Finance opens

Published: May 21, 2022 Editor: Zhu Xiangfeng

w88 casino News Network (provided by the w88 casino of Finance)2022On the afternoon of May 12, 2019, the opening ceremony of the 21st Financial Culture Festival and the special lecture by Professor Zeng Gang were successfully held online. Zeng Gang, director of the Shanghai Finance and Development Laboratory, Zou Yasheng, dean of the w88 casino of Finance at the w88 casino, Wang Chunlei, deputy secretary of the Party Committee of the w88 casino of Finance, and Mu Xiaozhi, secretary of the Youth League Committee of the w88 casino of Finance and 2021 undergraduate counselor, attended this event.

 

Zou Yasheng, Dean of the w88 casino of Finance, delivered an opening speech for the Financial Culture Festival. Dean Zou said that after 21 years, the Financial Culture Festival has innovated and developed on the basis of inheriting tradition, aiming to create a cultural platform integrating academic, practice, art and sports, and formed a variety of activity modules. Coinciding with the 100th anniversary of the founding of the college, the design of this Financial Culture Festival is a positive measure of the college to "dedicate great enthusiasm to the study of youth growth patterns and characteristics of the times, and devote great energy to youth work." It focuses on the "urgent, difficult and anxious" problems of young people and serves the all-round growth of young people. I hope that students will seize opportunities, work hard to hone their skills, accumulate wisdom, firmly shoulder the responsibilities of the times, and resonate with the beating economic pulse of the motherland.

Professor Zeng Gang, Director of Shanghai Finance and Development Laboratory, gave teachers and students a wonderful lecture on the theme of "China's Financial Development and Investment Opportunities under the 'Double Carbon' Goal". Professor Zeng started from the concepts of "carbon peak" and "carbon neutrality" and introduced the theme of this lecture. Taking China's carbon dioxide emission structure and the technical path to achieve the "dual carbon" goal as the starting point, it explains my country's environmental status under the "double carbon" goal and the opportunities and challenges faced by green finance under the "double carbon" goal. Professor Zeng pointed out that our country is currently facing challenges such as macroeconomic deceleration risks, corporate risks, and increasing business complexity. However, at the same time, our country also has favorable opportunities such as increased infrastructure investment demand and the rise and development of emerging industries. Therefore, our country's financial industry has strong development potential in the context of the "double carbon" goal.

Professor Zeng Gang pointed out that the focus of financial support for development today is green finance, transformation finance and carbon finance, and introduced the definition of green finance, which is the financial activities surrounding green industries, including investment and financing. Professor Zeng pointed out that China’s green finance is developing rapidly and its product system is relatively complete. In addition, Professor Zeng also introduced the application of green finance in key areas and industries, such as transportation, construction, industrial fields, energy structure, etc.

Professor Zeng Gang gave a detailed introduction to transition finance and carbon finance. Starting from the origin of transformation finance, Professor Zeng described the principles of transformation finance, my country's current situation and issues that need to be focused on, especially the difference between green finance and transformation finance. Professor Zeng mentioned that as a developing country, my country’s energy structure is still dominated by coal, so the proportion of transition finance in my country is much higher than that of green finance. In this context, carbon reduction in energy-intensive industries is crucial, and the carbon market is in urgent need of development. In recent years, my country has also made investments and efforts in the development of the carbon market, including building a national market, mandatory emission reductions, taking the lead in the power industry, and strengthening constraints. At the same time, the pilot and promotion of my country's emission reduction work has also been put on the agenda, and it still faces great opportunities and challenges in the future. After the explanation, the students actively asked questions, and Professor Zeng Gang patiently answered the questions one by one. The whole lecture ended perfectly.

In May, a month of warmth and hope, the 21st Financial Culture Festival, "Hardening the Original Aspiration and Giving the Gift of Youth", officially opened. As young people in the new era, classmates, youth is at the right time and struggle is at the right time. In this Financial Culture Festival, we hope that finance students can actively participate, seize opportunities, and temper themselves. We also look forward to the wonderful activities of this Financial Culture Festival. I wish the 21st Financial Culture Festival a complete success!


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