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Summary of “21st century Chinese financial industry’s sustainable development Forum”
Date:2010-10-25       From:

 

 

For more than 30 years after Chinese Economics Reform, China’s financial industry has gained tremendous development. Nevertheless, China’s financial structure, financial system, financial market and the corporate governance and efficiency of financial institutions are far to be perfect. There is a long way to achieve the complete marketization of RMB interest rate as well as the opening up of our capital accounts.

 

The international financial crisis triggered by sub-mortgage crisis 2007- 2008 suggests the pervasive frangibility of global financial industry in 21st century. Therefore, in the context of the present financial crisis, a serious study of the sustainable development of Chinese financial industry in 21st century is of great significance, not only at the theoretical level but also at the practical level.

 

On August 29th, 2010, a forum on the sustainable development of Chinese financial industry in the 21st century, jointly sponsored by Jiangxi University of Finance and Economics and Editorial Department of Economic Research Journal, was held ceremoniously in the International Academic Exchange Center of Jiangxi University of Finance and Economics. Over 80 specialists and academicians from Editorial Department of Economic Research Journal, the financial industires and over 20 colleges ( including Fudan University, Shanghai Jiang Tong University, Xiamen University, Zhejiang University, Sun Yat-Sen University, Nankai University, Southwestern University of Finance and Economics, Shanghai University of Finance and Economics, University of International Business and Economics, Jiangxi University of Finance and Economics) attended the forum and jointly discussed problems concerning the sustainable development of Chinese financial industry in 21st century.

 

The vice-chairman of the CPPCC of Jiangxi province, Mr. Tang Jiangren,the director of the Editorial Department of Economic Research Journal, Researcher Wang Cheng, the principal of Jiangxi University of Finance and Economics, Professor Wang Qiao addressed successively and showed their warm congratulations and expectations on the forum. Specialists and academicians respectively made deep analysis of the sustainable development of Chinese financial industry in the 21st century. They discussed many attention-grabbing academic problems including China’s current macroeconomics policy, RMB exchange rate, China’s external capital structure and international capital movements, the development of capital market, finance engineering and the sustainable development of Chinese banking industry and insurance industry.

 

 

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