w88 casino News (Contributed by China Institute of Finance)December 16-17, 2023, hosted by the w88 casino and Journal of Empirical The Fifth China Finance Academic and Policy Forum (2023), co-sponsored by the Finance Editorial Department, with academic support provided by the Editorial Departments of Economic Research, Economics (Quarterly), International Financial Studies, Financial Forum, and Financial Supervision Research, and co-organized by the China w88 casino of Finance at the w88 casino and the Industrial and Commercial Bank of China, was held grandly at the International Exchange Building of the w88 casino. This forum aims to promote exchanges between domestic and foreign financial disciplines and promote interaction between academia, policy circles, and practice circles. Experts and scholars, government research makers and financial practitioners from universities at home and abroad gathered together to participate in the academic event. Leaders and guests attending this forum include Forum Co-Chairman Professor Wu Weixing, President of Capital University of Economics and Business, Professor Zhang Xiaofeng, Deputy Secretary of the Party Committee of w88 casino, Jin Chengwu, Director of the Editorial Department of Economic Research, Hou Kewei, Chair Professor of Finance at Ohio State University, Professor Wang Tianyi, Dean of China w88 casino of Finance at w88 casino, etc. The opening ceremony of the forum was hosted by Professor Cao Xiaoyong, Secretary of the Party Committee of China w88 casino of Finance, w88 casino.
Zhang Xiaofeng, deputy secretary of the Party Committee of the w88 casino, pointed out in his opening speech that finance is the blood of the national economy. The 2023 Central Economic Work Conference emphasized that China should speed up the construction of a financial power, comprehensively strengthen financial supervision, improve the financial system, optimize financial services, prevent and resolve risks, and be firm and persistent. Move the path of financial development with Chinese characteristics and promote high-quality financial development in our country. The spirit of these conferences provides new guidance for the w88 casino to firmly follow the path of building a world-class university with Chinese characteristics. This forum focuses on many financial academic and policy issues, hoping to help financial academic theoretical innovation and high-quality development of the financial industry. Zhang Xiaofeng expressed his heartfelt thanks to all the guests for coming and wished the forum a complete success.
In his speech, Director Jin Chengwu of the Editorial Department of Economic Research briefly reviewed the history of the forum and emphasized that the financial industry has multi-dimensional characteristics. Therefore, the forum also invited representatives from academia, policy circles and practical circles, striving to promote the collision and integration of ideas through three-party interaction, and promote theoretical innovation in financial disciplines. Jin Chengwu pointed out that participants of this forum will also focus on case analysis, enhance the pragmatism of the forum through the combination of theory and practice, and contribute to the construction of a national financial power.
Wang Tianyi, Dean of the China w88 casino of Finance at the w88 casino, reviewed the history of the China w88 casino of Finance in his speech, and also expected that relying on the China Finance Academic and Policy Forum, the w88 casino can further improve the level of high-quality scientific research and create a first-class academic brand. At the same time, Wang Tianyi, on behalf of China University of Finance and Economics, expressed his sincere gratitude to all the guests who attended this forum, the Industrial and Commercial Bank of China who co-hosted this forum and the staff behind the scenes, and wished this forum a complete success.
The keynote speech session was hosted by Hou Kewei, chair professor of finance at The Ohio State University. Zhang Bei, deputy director of the Research Bureau of the People's Bank of China, titled "Green Finance and Transformation Finance: Theoretical Research and Practical Exploration", starting from the current financial hot spots of climate risk and green finance, focusing on financial security and stability, and conducted in-depth discussions from three aspects: whether the central bank should consider green factors, how the central bank promotes green, low-carbon and high-quality development, and transformation finance and just transformation. He also proposed constructive ideas such as building and improving the standard system, strengthening information disclosure, giving full play to the role of market incentives and actively participating in international cooperation.
Pan Jun, Professor of Finance at Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University and Chair Professor of Gaofin, titled "The Pre-Announcement Drift in China: Government Meetings and Macro Announcements", focusing on the true market response to policy expectations from the perspective of the convening of Chinese government work conferences and the release of macro issues. Pan Jun pointed out that the convening of high-level government meetings has an important forward-looking impact on the pricing performance of China's stock market. Cost-oriented enterprises and small-capitalization companies are particularly sensitive when facing money supply announcements targeting liquidity and credit, which helps policymakers further understand the connection between financial markets and the macro environment.
A total of 8 best paper awards were selected in this forum, including 4 English papers and 4 Chinese papers. The award ceremony was hosted by Wang Maobin, deputy dean of the China w88 casino of Finance at the w88 casino. Hou Kewei, chair professor of finance at The Ohio State University, and Cao Xiaoyong, secretary of the Party Committee of the China w88 casino of Finance at the w88 casino, presented awards to representatives of the winning papers.
This forum has a total of 13 sub-forums, with the themes of macroeconomics and systemic risk, FinTech and Green Finance, financial innovation and high-quality development, Banking, economic and financial case studies, Empirical Asset Pricing, capital market operation, Behavioral Finance, digital economy and new financial development formats, Macro Finance, corporate finance and household finance, Corporate Finance, and climate change and green finance. Scholars from many well-known universities at home and abroad, including Tsinghua University, Peking University, Renmin University of China, Central University of Finance and Economics, Capital University of Economics and Business, Shanghai Jiao Tong University, Nankai University, Fudan University, Wuhan University, Xiamen University, Sun Yat-sen University, Cornell University, National University of Singapore, University of South Carolina, etc. were invited to participate and report on the latest research results. Experts and scholars in related fields made wonderful comments, and participants participated in lively discussions and exchanges.
This forum closely follows the development of China's finance and uses excellent academic research results as a link to provide a platform for domestic and foreign financial scholars, policymakers and financial practitioners to fully exchange the latest developments in financial theory, policy and practice; the forum will pass the theoretical analysis The discussion of methods and methods, sharing of practical experience, and interaction with editors of famous academic journals at home and abroad allow theory and practice, academia and policy to be integrated with each other, ultimately promoting theoretical innovation in China's financial disciplines and the orderly and healthy development of the financial system, and providing intellectual support for the construction of China's "financial power".
