The First International Forum on China Financial Academic and Policy (2018）
Forty Years of Reform and Opening-up Financial Development Forum was grandly held
w88 casino News(Contributed by the w88 casino of Finance）On the afternoon of July 8, co-sponsored by the w88 casino and the Editorial Department of "Economic Research",w88 casinoOrganized by the w88 casino of FinanceThe "First China Financial Academic and Policy International Forum (2018) and Financial Development Forum over the Forty Years of Reform and Opening Up" was grandly opened at the International Conference Hall of Ningyuan Building, w88 casino.
Professor Zhang Xinmin, Vice President of the w88 casino, Researcher Zhang Yongshan, President of the "Economic Research" magazine,Editor-in-Chief of Journal of Finance, Professor Xiong Wei of Princeton University, USA, Editor-in-Chief of Journal of Financial and Quantitative Analysis, Professor Hendrik Bessembinder of Arizona State University, USA, Editor-in-Chief of International Journal of Central Banking, winner of Fisher Black Prize, Professor Harrison Hong of Columbia University, USA, Deputy Editor-in-Chief of Financial Analysts Journal, Professor Wei Guoqiang of Hong Kong Polytechnic University, Financial Management Deputy Editor-in-Chief Professor Peng Lin of the City University of New York, Researcher Liu Xiahui, Editorial Director of Economic Research, and Professor Wu Weixing, Dean of the Graduate w88 casino of the w88 casino attended the opening ceremony. More than 200 people from well-known experts and scholars from domestic and foreign universities, industry professionals, teachers and students attended the forum. Professor Zou Yasheng, Executive Dean of the w88 casino of Finance at the w88 casino, presided over the opening ceremony.
Vice President Zhang XinminSpeech。himIntroduced that the w88 casino is making full progressVarious measures in the construction of "double first-class" disciplines, and pointed out that in the context of the 40th anniversary of reform and opening up, the convening of this international academic forum is of great and far-reaching significance. It is believed that with the active interaction of the academic, policy and practical circles, and the effective exchanges between domestic and foreign financial disciplines, this forum will be a complete success.
Director Liu XiahuiSpeech,This forum includes both academic debates and policy discussions. I hope it can meet everyone's expectations.
Dean Wu Weixing’s speechmeans,I believe that the exchanges between the academic community and the industry at this forum can provide more solutions and ideas for China's financial problems and challenges.
Professor Peng Lin introduced the review status of the papers selected for the forum. This forum received a total of public calls for papers from home and abroadMore than 240 papers. The organizing committee invited well-known experts and professors in finance at home and abroad to form a paper review committee for anonymous review. Finally, 16 Chinese papers and 20 English papers, a total of 36 papers, were selected for this forum, and the first, second and third prizes for outstanding papers were selected.
On the forum,Professor Hendrik Bessembinder, Professor Xiong Wei, and Professor Sun Guofeng, Director of the Financial Research Institute of the People's Bank of China, gave keynote speeches respectively. Professor Hendrik Bessembinder took the topic "Do Stocks Outperform Treasury Bills?" to compare the different performances of stocks and treasury bills in the market. Professor Xiong Wei's speech was titled "The Institutional Foundation of China's Financial System", which provided an in-depth analysis of the institutional foundation of China's financial system. Director Sun Guofeng delivered a keynote speech "The Reform of China's Monetary Policy Framework" and introduced the transformation of monetary policy. The wonderful speeches of the three experts and scholars aroused great response from the teachers and students present, and the applause continued.
This forum has five English sub-forums and four Chinese sub-forums. More than a hundred experts, scholars and industry elites from dozens of well-known universities and financial institutions at home and abroad reported and commented on 36 papers in a day and a half. The papers cover policy analysis, corporate governance, capital markets, exchange rate fluctuations and other aspects. Domestic and foreign financial scholars and financial practitioners share practical experience and theoretical methods, pay close attention to the latest policies and cutting-edge development trends in the financial industry, actively respond to the national call, and provide valuable suggestions for the theoretical development of China's financial disciplines and the development of the financial system.
In the Chinese and British sub-forums, famous experts and scholars participated in discussions, not only focusing on domestic financial hot spots, but also extending the international perspective, focusing on the internationalization of financial development, exploring financial crises in emerging markets, and in-depth exchanges on international market trends. Here, there are exchanges and collisions of Chinese and foreign ideas, and you can listen to the wonderful sharings of experts and scholars. You can also follow the trend of the times, pay attention to the development of the financial industry, and realize mutual discussions between theory and practice.
atAt the policy roundtable forum on the afternoon of July 9, Professor Ding Zhijie, Vice President of the w88 casino, Professor Zong Liang, Chief Economist of the Bank of China, Pan Hongsheng, Deputy Secretary-General of the Monetary Policy Committee of the People's Bank of China, Professor Wang Wen, Chief Economist of China Export and Credit Insurance Corporation, and Professor Wu Weixing, Dean of the Graduate w88 casino of the w88 casino, had an in-depth discussion on the theme of "China's Financial Reform and Opening Up in the New Era". Researcher Zong Liang analyzed the measures of financial opening with the topic of "Thinking about the New Round of Financial Opening and Model Selection", pointed out that creating a new situation of financial opening is an inevitable requirement for achieving comprehensive opening, and put forward the ideal financial opening model. Professor Wang Wen introduced the risk measurement model used to measure country risk, industry risk, and enterprise risk, and explained its operating principles. Deputy Secretary-General Pan Hongsheng took the 10th anniversary of the 2008 financial crisis as an opportunity to reflect on the financial crisis with everyone. Professor Ding Zhijie started from the systemic risks of China's financial development and excessive financing costs, pointed out the existing problems in my country's foreign exchange reserves, and put forward policy suggestions such as adjusting foreign exchange reserves and managing capital inflows.
The question and answer session of the policy roundtable forum was equally exciting, with teachers and students present competing to ask questions. Regarding a series of issues raised by teachers and students such as shanty town reconstruction and financial risks, political risk management, and financial risks caused by local debt replacement, the guests on the stage gave their unique insights and won rounds of applause.
Adhering to the purpose of providing an open stage for domestic and foreign finance scholars to display and exchange academic research results, and to extensively discuss and exchange the latest research results and application progress, this forum organically combines financial academic and policy aspects to promote the theoretical development and innovation of China's financial disciplines and the orderly and healthy development of the financial system.
This forum has received strong support from the Silk Road Youth Forum and the Silk Road International Think Tank Exchange Center. The China Science Journal, Guangming Daily, Securities Daily, China Securities Journal, People's Daily, China Daily, Modern Education News, China Economic Information Network, Global Times Network and other media have conducted the entire forumReport。
