中文版
  May 10, 2014       
9:00 - 9:30

Opening Speeches and Founding Ceremony of Tsinghua University National Institute of Financial Research                                                                                
 
9:30 - 11:00

Plenary Session I: The New Odyssey for Reform and Development                                                                                 
 
Host:
LI Jiange, Chairman of Shenyin & Wanguo Securities Co. Ltd; Co-Head of Tsinghua University National Institute of Financial Research
Speakers:
Leader of the People's Bank of China
Leader of China Banking Regulatory Commission
Leader of China Securities Regulatory Commission
Leader of China Insurance Regulatory Commission
                                                                               
 
11:00 - 12:30

Themed Sub-Forum I: The Establishment and Development of a Multi-level Capital Market and Investor Protection                                                                                
 
Host: QI Bin, Director-General of Department of Innovative Business Supervision, Director-General of Research Center of China Securities Regulatory Commission; Executive President of Beijing Institute of Securities and Futures
Speakers:
SONG Liping, President, Shenzhen Stock Exchange; Member of Strategic Council, PBC School of Finance, Tsinghua University
ZHANG Shenfeng, Chairman, China Financial Futures Exchange
LI Liang, Director-General, Investor Protection Bureau, China Securities Regulatory Commission
WANG Dongming, Chairman of the Board, CITIC Securities Co. Ltd.
HE Ru, Chairman, Guosen Securities
                                                                               
 
 
14:00 - 15:30

Keynote Speech                                                                                
 
Host: WU Xiaoling, Board Chairwoman and Dean of PBC School of Finance, Tsinghua University; Co-head of Tsinghua University National Institute of Financial Research; Director of Academic Committee, Liu Hongru Financial Education Foundation
Speaker:
Leader of the People's Bank of China
                                                                               
 
15:45 - 17:15
 
Themed Sub-forum II: Finance @ Internet                                                                                
 
Organizer: China Financial Certification Authority, CEBNET
Host: LIAO Min, Director-General of China Banking Regulatory Commission Shanghai Office
Speakers
FAN Shuangwen, Deputy Director-General of Payment and Settlement Department of People's Bank of China
WANG Kejin, Deputy Director-General of Regulation Department of China Banking Regulatory Commission
FAN Dazhi, President, Hua Xia Bank
MA Weihua, Chairman, Wing Lung Bank Ltd.; Former President, China Merchants Bank; Member of Academic Advisory Committee, PBC School of Finance, Tsinghua University
ZHANG Weigong, Founder and Chairman of Sunshine Insurance Group Co. Ltd.
LAI Zhiming, General Manager, Tenpay LTD.
Soul HTITE, Co-founder, Lending Club
LIAO Li, Executive Associate Dean, PBC School of Finance, Tsinghua University; Deputy Head, Tsinghua University National Institute of Financial Research
JI Xiaojie, General Manager, China Financial Certification Authority
                                                                               
 
 
19:00 - 21:30

Evening Talk I: The Innovation Night of the Finance @ Internet                                                                                
 
Host: AI Cheng, Independent Bilingual Business Host; Founder of iAsk Studio

1. Welcome speech
LIAO Li, Executive Associate Dean, PBC School of Finance, Tsinghua University; Deputy Head, Tsinghua University National Institute of Financial Research

2. Risk Control and Innovation: Combining traditional and Internet solutions
Speackers
DONG Junfeng, Assistant General Manager of Network Finance Department of Bank of China
WANG Mei, Assistant General Manager of China Financial Certification Authority
CHEN Huan, Chief Strategy Officer of CreditEase
GU Chenwei, President of WaCai.com
ZHANG Shaofeng, Chief Data Officer of Baifendian.com

3. Launching Ceremony

4. Mode Innovation: Potential and Trend Analysis
Speakers
SHENG Jia, CEO of NCF Group
LAN Ningyu, CEO of AngelCrunch
HE Jianbo, CEO of iJiacai.com
Justin SUN, Chief Representative (Greater China), Ripple Lab
LI Lin, CEO of HuoBi.com
AN Danfang, COO of Goldsen Wealth
                                                                               
 
19:00 - 21:00

Evening Talk II: Governance and Succession of Family Businesses                                                                                
 
Host: GAO Hao, Director, Family Business Program; Executive Director, China Finance Case Center, PBC School of Finance, Tsinghua University
Speakers
Randel S. CARLOCK, Professor and Founding Director of INSEAD Wendel International Centre for Family Enterprise
CHEN Ailian, Chairwoman, Wanfeng Auto Holdings Group
SHAO Zhongyi, Chairman, Shandong Chenxi Group
XU Lixun, President, Huamao Group
   
        
19:00 - 20:30

Evening Talk III: Real Estate Finance and Asset Securitization (By Invitation only)                                                                                
 
Host: Peng LIU, Associate Professor, Cornell University
Speakers
Charles CAO, Associate Dean, Professor, PBC School of Finance, Tsinghua University; Unigroup Chair Professor
Johnson CHNG, Global Partner, President of Greater China Region A.T. Kearney
KWOK Binghao, Executive Director, Henderson Land Development Co. Ltd.
ZHANG Jiawei, Managing Director, Credit Suisse
CHEN Changchun, Senior Vice President of Gemdale Corporation; Chairman of Wins Investment
                                                                               
 
19:00-20:30

Evening Talk IV: Tsinghua PBCSF Alumni Night: Coping with the New Dynamics of World Finance (By Invitation only)                                                                                
                                                                               
Supporting Partner: WUDAOKOU Alumni Association
Host: ZHANG Zhiping, Founding Partner and Chairman of Oriental Patron Financial Group; Standing Vice Chairman, Liu Hongru Financial Education Foundation; Board Member of PBC School of Finance, Tsinghua University; President of WUDAOKOU Alumni Association
Speakers
XIA Bin, State Council Counselor; Former Chairman of the Financial Research Institute of the Development Research Center under the State Council; Vice Director of Academic Committee, Liu Hongru Financial Education Foundation
WANG Yixuan, Director of the Comprehensive Research Institute of the Shenzhen Stock Exchange; Secretary-general of the Capital Market Research Committee of the Shenzhen Stock Exchange
GAO Shanwen, Chief Economist, Essence Securities; Member of Academic Committee, Liu Hongru Financial Education Foundation
LU Lei, President, Guangdong University of Finance
MA Ning, Co-head of the Asia Pacific Financials Team of Goldman Sachs; Director of Research for Gao Hua Securities
                                                                               
 
19:00-20:30
Evening Talk V: Tsinghua PBCSF EMBA Night    
  May 11, 2014         
9:00 - 10:30

Plenary Session II: Tsinghua PBCSF Global Finance Forum & First China Financial Policy Forum                                                                                
 
Co-Organizer: Tsinghua University National Institute of Financial Research; Financial Policy Research Center, Chinese Academy of Social Sciences
Host: LI Yang, Vice President, Chinese Academy of Social Sciences
 
1. China Financial Policy Report 2014 report release
WU Xiaoling, Co-head of Tsinghua University National Institute of Financial Research; Director, CEIBS Lujiazui Institute of International Finance; Director of Academic Committee, Liu Hongru Financial Education Foundation
 
2. China Financial Policy Outlook
Speakers

ZHU Congjiu, Deputy Governor of Zhejiang Province; President of Strategic Council of PBC School of Finance, Tsinghua University
LI Jiange, Chairman of Shenyin & Wanguo Securities Co. Ltd; Co-Head of Tsinghua University National Institute of Financial Research
Richard N. COOPER, Professor of International Economics, Harvard University, Former Deputy Secretary of State of the United States
LYU Jiajin, Chairman, Postal Savings Bank of China
David Daokui LI, Director of The Schwarzman Scholars Program at Tsinghua University; Mansfield Freeman Chair Professor
HUANG Haizhou, Chief Strategy Officer, Managing Director, China International Capital Corporation
                                                                               
 
10:45 - 12:30
 
Themed Sub-Forum III: Liberalizing Capital Accounts, Global Capital Flows and Financial Risk Control    
 
Host: ZHOU Hao, Deputy Head, Tsinghua University National Institute of Financial Research; Unigroup Chair Professor, PBC School of Finance, Tsinghua University
 
1. Featured speech:  Comparing UK and US Macroprudential Systems: Lessons for China
Donald KOHN, Senior Fellow, Brookings Institute; Former Vice Chairman, The Board of Governors of the Federal Reserve System
 
2. Macroprudential Regulation System Across Countries
Speakers
LU Lei, President, Guangdong University of Finance
Stijn CLAESSENS, Assistant Director, Research Department of International Monetary Fund
Sean D. CAMPBELL, Deputy Associate Director, Division of Research & Statistics, Board of Governors of the Federal Reserve System
Charles K. WHITEHEAD, Professor of Law, Cornell University
QIAO Yide, President of Excellence Academy of Development Research; Vice Chairman & Secretary General of Shanghai Development Research Foundation
                                                                               
 
12:30-14:00
Invitation-only Luncheon Seminar: Future Layout of Chinese Financial Regulation                                                                                
                                                                               
Host: ZHOU Hao, Deputy Head, Tsinghua University National Institute of Financial Research; Unigroup Chair Professor, PBC School of Finance, Tsinghua University                                                                                
 

14:00 - 15:30

Themed Sub-Forum IV: VC/PE Investment and Financing                                                                                
 
Host: ZHANG Lin, Chief Financial Journalist, Financial Channel of CCTV
Speakers
WANG Zhongmin, Vice Chairman, National Council for Social Security Fund
YANG Wenhui, Deputy Director-General, Department of Private Fund Supervision, China Securities Regulatory Commission
Hugo SHONG, Global Executive Vice President; President of Asia Pacific region, IDG Capital Partners
JIN Haitao, Chairman, Shen Zhen Capital Group
YU Feng, Founder and Chairman of Yunfeng Capital
Raymond YANG, Founder, Managing Director , West Summit Capital
WANG Yonghua, Chairman, Tiantu Capital;  Council Member and Member of the Strategic Planning Committee, Liu Hongru Financial Education Foundation
                                                                               
 
15:45 - 17:15
 
Themed Sub-Forum V: Future of Asset and Wealth Management    
 
Host:FAN Wenzhong, Director, International Department, China Banking Regulatory Commission;Member of Strategic Council, PBC School of Finance, Tsinghua University
Speakers:
CAI Esheng, Former Vice Chairman, China Banking Regulatory Commission;Member of Academic Advisory Committee, PBC School of Finance, Tsinghua University
XIONG Zhiguo, Director, Policy Research Department of China Insurance Regulatory Commission
Charles CAO, Associate Dean, PBC School of Finance, Tsinghua University; Unigroup Chair Professor
PAN Weidong, Vice President of Shanghai International Group; Chairman & General Secretary of Shanghai International Trust Co. Ltd.
DOU Yuming, Chairman, Zhong Ou Asset Management Co. Ltd.
                                                                               
 
17:30-17:40
Closing Remarks    
  May 12, 2014                               Conference on Global Capital Flows and Financial Risk Management  
8:45 - 9:00

  Opening Remarks                                                                                
 
LIAO Li, Executive Associate Dean, PBC School of Finance, Tsinghua University; Deputy Head, Tsinghua University National Institute of Financial Research                                                                                
 
9:00 - 11:15

Session I:  Shadow Banking and the Effectiveness of Banking Supervision                                                                                
                                                                               
Session Chair: ZHOU Hao, Deputy Head, Tsinghua University National Institute of Financial Research; Unigroup Chair Professor, PBC School of Finance, Tsinghua University
Paper 1
Monitoring Financial Stability
Tobias ADRIAN, Senior Vice President and Function Head, Capital Markets Function, Federal Reserve Bank of New York
Daniel COVITZ,Associate Director, Division of Research and Statistics, Board of Governors of the Federal Reserve System
Nellie LIANG, Director, Office of Financial Stability Policy and Research, Board of Governors of the Federal Reserve System
Discussant: YAN Hong, Professor of Finance, Shanghai Advanced Institute of Finance; Vice-president, China Academy of Financial Research
 
Paper
Collateral Demand
Sean D. CAMPBELL, Deputy Associate Director, Division of Research & Statistics, Board of Governors of the Federal Reserve System
Discussant: HU Jian, Managing Director of Structured Finance at Moody's Investors Service
 
Paper 3  
The Effects of Supervision on Bank Performance: Evidence from Discontinuous Examination Frequencies
Jason WU, Chief, Division of Monetary Affairs, Board of Governors of the Federal Reserve System
Marcelo REZENDE, Economist, Division of Monetary Affairs, Board of Governors of the Federal Reserve System
Discussant: SUN Bo, Assistant Professor of Finance, Guanghua School of Management, Peking University
 
                                                                                                      
11:15 - 12:30

Policy Panel I: Banking Supervision and Financial Risk Management                                                                                
 
Tobias ADRIAN, Senior Vice President and Function Head, Capital Markets Function, Federal Reserve Bank of New York
Stijn CLAESSENS, Assistant Director, Research Department of International Monetary Fund
ZHOU Hao, Deputy Head, Tsinghua University National Institute of Financial Research; Unigroup Chair Professor, PBC School of Finance, Tsinghua University
LI Wenhong, Deputy Director-General, Research Bureau, China Banking Regulatory Commission
                                                                               
 

14:00 - 16:15

Session II: International Capital Flows, Financial Market Reforms and Chinese Economy                                                                                
 
Session Chair: WANG Jian, Senior Research Economist and Advisor, Federal Reserve Bank of Dallas
 
Paper 4  
FDI and Firm Productivity: The Role of Financial Constraints
WANG Jian, Senior Research Economist and Advisor, Federal Reserve Bank of Dallas
WANG Xiao, Assistant Professor ,University of North Dakota
WEI Shangjin, Professor, Columbia University
Discussant: YU Jianfeng, Associate Professor of Finance, Carlson School of Management, University of Minnesota
 
Paper 5
Spillover Effects of U.S. Monetary Policy and Policy Uncertainty on Chinese Economy
ZHANG Ji, Assistant Professor, PBC School of Finance, Tsinghua University
Steven Wei Ho, Assistant Professor, PBC School of Finance, Tsinghua University
Hao Zhou, Deputy Head, Tsinghua University National Institute of Financial Research; Unigroup Chair Professor, PBC School of Finance, Tsinghua University
Discussant: CHEN Hongyi, Senior Manager, Hong Kong Institute for Monetary Research(HKIMR)
 
Paper 6 
Interest Rate Determination in China: Past, Present, and Future
WANG Honglin, Economist, Hong Kong Institute for Monetary Research(HKIMR)
HE Dong, Director, Hong Kong Institute for Monetary Research (HKIMR)
YU Xiangrong, Economist, Hong Kong Institute for Monetary Research (HKIMR)
Discussant: ZHANG Ji, Assistant Professor, PBC School of Finance, Tsinghua University
                                                                               
 
16:15 - 17:30

Policy Panel II: Benefits and Risks of International Capital Flows                                                                                
                                                                               
Donald KOHN, Senior Fellow, Brookings Institute; Former Vice Chairman, The Board of Governors of the Federal Reserve System
Mark A. WYNNE, Vice President, Federal Reserve Bank of Dallas; Associate Director of Research for International Economics; Director of Globalization & Monetary Policy Institute
David Daokui LI, Director of The Schwarzman Scholars Program at Tsinghua University; Mansfield Freeman Chair Professor
JIN Zhongxia, Director of Finance Research Institute, People's Bank of China; Member of Strategic Council, PBC School of Finance, Tsinghua University