Post-2020 Shanghai International Financial Center Construction Seminar Held at SAIF

2020-08-21

On August 1st, 2020, the Post-2020 Shanghai International Financial Center Construction Seminar was successfully held at Shanghai Advanced Institute of Finance (SAIF), Shanghai Jiao Tong University (SJTU). Qing Wu, Vice Mayor of Shanghai and Chairman of the SAIF Board was in attendance. Guangshao Tu, Adjunct Professor of SJTU and Executive Director of SAIF, presided over the event.

The seminar focused on the theme of Evaluation and Future Prospects for the construction of the Shanghai International Financial Center. The latest research findings of SAIF and NIFD were presented by: Feng Li, Associate Director of CAFR, Co-Director of SAIFR ( Shanghai Advanced Institute for Financial Research) and Professor of Accounting at SAIF; Yang Li, Chairman of the National Institution for Finance and Development (NIFD), Chief Expert and Chairman of the Academic Committee of the Shanghai Institute for Finance and Development (SHIFD) and Adjunct Professor of SAIF; and Gang Zeng, Deputy Director of NIFD.

 
They commented that, although the interim goals of Shanghai's international financial center have been generally achieved, there is still a certain gap when benchmarking against world-class financial centers is considered. Under the current background of drastic changes in international and domestic markets, it is important to adhere to a distinctive development roadmap, seize new opportunities in the new era, further enhance Shanghai's position in the international financial sector, and strive for more rule-making power for China in the global financial community. In the subsequent panel discussion, the participating experts and scholars expressed their opinions and conducted in-depth and full exchanges of viewpoints.