Joined by governors and leaders from banking, finance, insurance, regulation and industry, the 2020 Tsinghua PBCSF Global Finance Forum kicked off on Saturday, May 16 at Tsinghua University, marking the sixth year of the forum. Theming on “Joining Forces in Finance to Overcome the Epidemic”, the 2020 Forum is specially hosted and broadcast live online. The one-day forum is officially broadcasted in Chinese and English at Tsinghua PBCSF Online, and simultaneously by 20 medias including www.cfbond.com of XinhuaNet.

At the opening ceremony, QIU Yong, president of Tsinghua University and Member of the Chinese Academy of Sciences addressed the opening speech. Theming on “Joining forces in finance to overcome the epidemic”, the Forum is carrying out in-depth discussion on the important economic and financial issues, adding to the healthy development of global economy and high quality development of China’s financial industry. He also pointed out that, the year 2020 will become a milestone in human history. History will remember our thoughts, our choices and how we act. For Universities, education is the undeniable responsibility. Tsinghua University is putting much emphasis on the building of finance discipline. Tsinghua PBCSF is making much effort in building a leading financial education institution and financial academic policy research platform, which is becoming more and more active and showing a prosperous development.

ZHANG Xiaohui, Dean of Tsinghua University PBC School of Finance also made the opening speech. She expressed that, reform and opening-up is the core motive for economic development, also the motivation for China’s financial development. Finance to overcome the epidemic in China is never simply stimulation, but to seize the opportunity to reform and opening-up, combing through market relations, constructing to introduce a vibrant financial market to the world. With the deepening of financial supply side reform, the resilience of China’s financial system is increasing, which brings strong support to a double win of overcoming the epidemic and economic and social development, providing and sharing the “China experience” with the world.

The opening ceremony is presided over by Hao ZHOU, Unigroup chair professor and associate dean at Tsinghua PBCSF, and deputy chair of NIFR.

In the following keynote speeches, ZHOU Xiaochuan, president of China Society for Finance and Banking, and honorary dean of Tsinghua PBCSF; XIAO Gang Member of the National Committee of the Chinese People’s Political Consultative Conference, and Former Charman of China Security Regulatory Commission; ZHU Min, Chair of NIFR, and former deputy managing director of IMF shared their insights on “ the impact of the covid-19 pandemic on the global and Chinese economy”.

There are no boundaries in fighting the epidemic, the Forum also connects to overseas guests including Michael Spence, Nobel laureate in economics 2001, and Eric Maskin, Nobel laureate in economics 2007 for their understanding and and judgement of global and China’s economic and financial development.

In the following sessions, the Forum carries around discussions on “Capital Market under the Epidemic”, “Financial Literacy Assisting Modernization of Governance China’s Financial Openness and Financial Governance”, “Financial Innovation and Development in Beijing”, “The Development Trend of Wealth Management” and evening session of “Digital Transformation and Innovation”. The Forum connects experienced officials, industry elites and research experts at home and abroad for deep and thorough discussions for mutual consensus.

The 2020 Tsinghua PBCSF Global Finance Forum is hosted by Tsinghua University, organized by Tsinghua University PBC School of Finance (PBCSF) and  Institute for National Governance and Global Governance, Tsinghua University, co-organized by National Institute of Financial Research (NIFR) and Institute for Fintech Research (THUIFR), Tsinghua University.