On June 21st, Professor Pierre-Olivier Gourinchas, Chief Economist and Director of the Research Department at the International Monetary Fund (IMF), and his delegation visited the Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University. The visit coincided with the establishment of the IMF Shanghai Regional Center, providing an opportunity for both institutions to deepen exchanges in financial research.
The IMF-SAIF Roundtable was attended by approximately 30 experts and scholars, including Professor Gourinchas, Xin Li (IMF China Deputy Resident Representative), Hui He (Director of the IMF China Training Center), and distinguished SAIF faculty members such as Professors Jun Pan, Jiang Wang, Chun Zhang, and Tan Wang, as well as scholars from the SAIF ThinkTank.
During his remarks, Professor Gourinchas analyzed the challenges and opportunities facing the global and Chinese economies, offering insights into the new dynamics of China's economic growth. He emphasized the crucial role of the IMF Shanghai Regional Center in strengthening cooperation between the IMF and APEC, and in promoting research on emerging markets and middle-income economies. Professor Gourinchas expressed his desire to reinvigorate global and regional economic growth through extensive research and diversified activities.
SAIF faculty members shared their cutting-edge research on topics such as government support in China's credit market, China's macroeconomic management practices, and financial inclusion via FinTech. Participants engaged in fruitful discussions and contributed new ideas during the roundtable.
Professor Pan highlighted the significance of introducing the IMF to Shanghai, as the city aims to become an international financial center. She emphasized the need for a set of theories that can be practically demonstrated using China's data to achieve high-quality development. Professor Pan called for collaboration among government departments, financial institutions, and academic research institutions to promote in-depth financial research. As an internationalized financial institute, SAIF is committed to building an open research platform to foster innovation in financial theories and practices. Professor Pan expressed SAIF's intention to deepen cooperation with the IMF Shanghai Regional Center to support the sound development and innovation of the global financial market.
Founded by the Shanghai Municipal People's Government and based at Shanghai Jiao Tong University, SAIF is dedicated to becoming a world-class institution within China. Since its establishment in 2009, SAIF has focused on cultivating exceptional finance talent, fostering an open research platform, and serving as a preeminent think tank. SAIF values in-depth exchanges with scholars in China and overseas, hosting hundreds of experts, researchers, and industry leaders who have made significant contributions to the global economy and finance.
