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Secretary Huang Baoyin participated in the "Financial Power" themed dialogue and the joint meeting of deans of the w88 casino of Finance

Published: April 29, 2024 Editor: Wang Zheng Yuqing

w88 casino News (provided by China Institute of Finance)On April 26th and 27th, the "Financial Power" theme dialogue and the joint meeting of deans of finance schools co-sponsored by "Financial Supervision Research", Renmin University of China, and w88 casino were held in Beijing. More than a hundred experts and scholars from regulatory, academic circles, and financial institution research departments gathered together to gather wisdom for running financial academic journals and provide suggestions for achieving the goal of building a financial power. Zhu Jinyuan, Secretary of the Party Committee and President of China Rural Finance Magazine, presided over the opening ceremony.

Xiao Yuanqi, member of the Party Committee and Deputy Director of the State Administration of Financial Supervision and Administration, pointed out in his speech that the financial structure is closely related to financial stability and economic development. There is no one-size-fits-all financial structure in the world. "What kind of financial structure needs to be established at a specific stage to promote economic development and maintain financial stability still needs to be further clarified in theory, further explored in practice, and the financial structure system continues to be improved. "Xiao Yuanqi said that the main goal of supervision is to prevent risks, and the supervisory framework should be based on risk. Supervisory theories and rules need to be able to effectively prevent, control and deal with risks that have occurred, but also be forward-looking, lead and guide the standardized development of financial activities, and improve the ability of early identification, early warning, early mitigation, and early disposal. How to establish a more effective and complete regulatory framework that combines quantitative and qualitative methods still needs more theoretical support.

Huang Baoyin, Secretary of the Party Committee of the w88 casino, pointed out in his speech that a strong team of financial talents is one of the key core financial elements in building a financial power. As an important base for cultivating financial talents, colleges and universities, especially finance and related majors, must closely focus on the strategic goal of building a financial power and accelerate the construction of a new system for cultivating high-quality financial talents.First, we must focus on strengthening the cultivation of political capabilities.Focus on Bacon’s soul-building, strengthen the education of ideals and beliefs, use the party’s innovative theory to cast souls and educate people, guide young students to enhance their self-confidence in the path, theory, system and culture of socialism with Chinese characteristics, and consciously integrate patriotism, ambition to strengthen the country and service to the country into the struggle to build a strong financial country.Second, we must focus on accelerating the construction of financial disciplines.Consciously build an independent financial knowledge system with Chinese characteristics, taking the construction of a modern financial system with Chinese characteristics as the framework, taking the discovery and writing of outstanding cases of financial development with Chinese characteristics as the entry point, and integrating it into the construction and training process of courses, teaching materials, and teachers to lay a solid foundation for accelerating the cultivation of high-quality financial talents.Third, we must focus on increasing the cultivation of compound talents.Cultivate students to be familiar with the development frontier of digital finance, grasp green development trends and high-tech industry trends, and understand the efficiency opportunities and risks and challenges of the cross-integration of information technology and financial disciplines. It is necessary to pay attention to the training of interdisciplinary talents, increase the intensity of training of "finance +" compound talents, and promote the reform of the training model of interdisciplinary compound financial talents.Fourth, we must focus on cultivating global competency.Cultivate strong cross-border financial business knowledge and skills and cross-cultural communication capabilities, have a deep understanding of foreign languages and cultures, foreign finance, laws, local customs, etc., be familiar with international financial rules and world financial markets, and have strong global competencies.Fifth, we must focus on deepening the reform of the talent training model integrating industry and education.Oriented by actual needs, strengthen close cooperation between universities and financial institutions, financial supervision and other practical departments, promote the construction of industry-education collaborative education platform, and cultivate high-level financial talents with a solid professional foundation, excellent research capabilities, rich practical experience, and familiarity with regulatory requirements.Sixth, we must focus on strengthening the education of lofty professional ideals.Vigorously strengthen the education of socialist core values, integrate financial culture with Chinese characteristics into the entire process of education and teaching, build ideological and political courses and ideological and political education systems, focus on cultivating lofty career ideals of financial talents, promote China's excellent traditional culture, and educate and guide students to integrate their personal struggles into the great cause of building a strong country and into the great process of realizing Chinese-style modernization.

The China w88 casino of Finance at the w88 casino released the "China Financial High-Quality Development Index" (hereinafter referred to as the "Report") at the conference. The "Report" was jointly completed by Associate Professor Shi Yining, Professor Wang Tianyi, student Tao Fenglin and China Banking and Insurance Media Expert Dr. Zhu Taihui from the China w88 casino of Finance at the w88 casino. This index is based on the "six major systems" proposed by General Secretary Xi Jinping to build a financial power, and integrates opening up to the outside world to build a "6+1" seven-dimensional indicator system, which specifically covers financial regulation, financial markets, financial institutions, financial supervision, financial products and services, financial infrastructure and the international financial system. At the same time, combined with the characteristics of the Chinese market and based on China's national conditions, a large amount of micro data is collected and split into 27 secondary dimensional indicators and 220 underlying indicators, striving to comprehensively depict the high-quality development characteristics of China's finance; innovative methods are introduced to machine learning, such as sparse principal component analysis, manifold learning algorithms ISOmap, LLE, etc., to capture the nonlinear dynamic changes of underlying indicators. Wang Tianyi, President of China Institute of Finance, presided over the report release and keynote speech, and extended a warm welcome to the guests on behalf of the organizers.

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