The 3rdChina Lixin Financial Forum was held in Pudong Campus of Shanghai Lixin University of Accounting and Finance (SLU) on October 27 with the theme of “Green, Intelligence and Finance”. This forum was co-sponsored by SLU and the National Academy of Economic Strategy of Chinese Academy of Social Sciences (CASS), and jointly undertaken by the School of Finance of SLU, the editorial office of Finance and Trade Economics of the National Academy of Economic Strategy of CASS and the Research Center on Financial Investment and Green Development (SLU).
He Dexu (Dean of the National Academy of Economic Strategy of CASS) and Li Shiping (Chair of the University Council, SLU) delivered speeches respectively at the opening ceremony. He Dexu extended a warm welcome to the experts and participants, and pointed out that China Lixin Financial Forum with its great influence around China aims to promote the development of financial academic forums, build a platform for academic exchanges among vast number of economic and financial scholars, and push forward the growth of young scholars. The theme of this forum has the epochal characteristics and practical significance. “Green finance” and “Intelligent finance” are developing soundly, and have expanded the breadth and depth of finance to some extent, but there are still some problems worth exploring.
Li Shiping expressed warm welcome and sincere gratitude to all experts and scholars for their attending. He introduced the development of SLU since the merging, and the disciplinary achievements and specialty construction in the School of Finance. SLU has actively implemented Xi Jinping’s new-era socialism with Chinese characteristics, the spirit of the 19thNational Congress of the CPC and the National Education Conference, and strives to build a high-level application-oriented local university of finance and economics and to train financial professionals with international vision. Finance is the core of the economy. The Party and the state are hopeful for the development of the financial industry. It is the duty of the School of Finance to cultivate high-level applied financial talents. He hoped that the Forum would promote research on green, intelligent and inclusive finance, and strengthen academic exchanges among scholars from various universities.
At the opening ceremony, the list of the winners of this Forum’s essay prize was released with the certificates granting. There are 2 first prizes, 4 second prizes and 5 third prizes. The opening ceremony was presided over by Mr. Zhang Yun (the deputy administrative dean of the School of Finance).
The first stage of the theme report was presided by Wang Zhenxia (the director of the editorial department of Finance and Trade Economics of the National Academy of Economic Strategy of CASS). He Dexu, with the title of Financial Science and Technology and High Quality Development of Finance, expounded the viewpoint that financial development needs to be combined with high technology. Yin Zhichao (Dean of the School of Finance, Capital University of Economics and Business) delivered a report on Can Mobile Payment Become a “Booster” for Consumption Upgrading?. Through literature review, research hypothesis, model and variable analysis, empirical analysis, robustness test, mechanism analysis, etc., he reached the conclusion that mobile payment, which significantly increased household consumption expenditure, reduced Engel coefficient, and promoted household consumption diversity, is an important driving force to achieve household consumption upgrading.
The second stage of the thematic report was hosted by Zhang Yun. Professor Xiong Xiong (the deputy director and professor of Department of Management and Economics, Tianjin University and the director of the Research Institute of Systems Engineering) presented a report on Performance of Responsible Investment in the Chinese Stock Market, introduced the responsible investment in China’s stock market which was studied by his team, and provided evidence of relevant research in the emerging market. Hou Wenxuan (a specially-appointed professor of the School of Finance of SLU, chairman of the Royal Society of Edinburgh (RSE) Young Academy of Scotland and young academician),in his report entitled Jewish and Financial Development, studied the long-term role of Jews in Eastern Europe, combining with Jewish culture and anti-Semitism in history.
Three sub-forums and an exchange meeting between journal editors and authors were held in the afternoon. The three sub-forums were presided respectively by Ma Yaming (Dean of School of Finance, Tianjin University of Finance and Economics), Liu Xiaoming (Associate Dean of School of Finance of SLU) and Peng Zhan (Director of the Editorial Office of The Journal of Quantitative & Technical Economics). The exchange meeting between journal editors and authors was presided by Yang Xinming (Director of the Editorial Office of Economics Information). The editors of the journals such as Economic Research Journal, The Journal of World Economy, Finance & Trade Economics, Economic Information, The Journal of Quantitative & Technical Economics, Journal of Finance and Economics, Economic Review, Studies of International Finance, Journal of Shanghai University of Finance and Economics, Shanghai Journal of Economics, Journal of East China Normal University etc. had a heated discussion with authors and provided professional guidance in academic topic selection, writing and contribution.
Guided by Xi Jinping’s new-era socialism with Chinese characteristics, the Third China Lixin Financial Forum has set up a high-level academic exchange platform for the vast majority of economic and financial scholars, promoting cooperation and exchanges between schools, research institutions, experts and scholars in relevant fields. It has strengthened in-depth research on “green finance”, “intelligent finance” and “inclusive finance”, and also positively boosted SLU’s disciplinary construction, teaching improvement, and scientific research.
(Photos by Zhang Wenchao)
