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2026 Tsinghua PBCSF Global Finance Forum Agenda


Global Financial Governance in a Changing World:

New Challenges, New Opportunities, New Developments


Host:

Tsinghua University

Organizer:

PBC School of Finance, Tsinghua University

Co-Organizers:

National Institute of Financial Research (NIFR), Tsinghua University

Institute for Fintech Research (IFR), Tsinghua University

Think Tank Support:

Global Economic Governance 50 Forum                    

Reinventing Bretton Woods Committee

Forum Date:

May 17-20, 2026

Forum Venue:

Gran Meliá Chengdu, Sichuan Province


May 18 (Monday)

Tianfu  Ballroom


Opening Ceremony

09:00-09:40

Moderator:

 ZHANG Xiaoyan, Associate Dean & Chair Professor, Tsinghua PBCSF

Opening Remarks:

 GUO Yong, Vice Chancellor, Tsinghua University Council

 JIAO Jie, Dean, Tsinghua PBCSF

 XIE Wei, Deputy Party Secretary, Deputy Chairman & President, SPDB

09:40-10:40


High-Level Dialogue:

 ZHU Min, Former Deputy Managing Director, IMF; Former Deputy Governor, PBoC

 Michael Spence, Nobel Laureate in Economics 2001; Philip H. Knight Professor Emeritus of Management, Graduate School of Business, Stanford University

 Masaaki Shirakawa, Former Governor, Bank of Japan


Thematic Sessions

10:40-12:40


Reconstruction of the International Monetary System

Amid profound shifts in the global economic landscape and the overlapping pressures of geopolitical tensions and financial cycles, the international monetary system is undergoing its most profound adjustment and restructuring since the collapse of the Bretton Woods system. This session will focus on the future evolution of the international monetary system, exploring key issues such as global financial stability, the emergence of multipolar currency competition, the transformation of international payment systems, and reforms in global financial governance. The discussion aims to advance ideas for building a more stable, inclusive, and multipolar international monetary systemone better equipped to address rising uncertainties in the global economy and to support sustainable and balanced long-term growth.

Academic Support: Research Center for China Financial Frontier, Tsinghua PBCSF

Moderator:

 Marc Uzan, Executive Director & Founder, Reinventing Bretton Woods Committee

Panelists:

 Djoomart Otorbaev, Former Prime Minister, Kyrgyz Republic

 Jacob Frenkel, Chairman Emeritus, Board of Trustees, Group of Thirty (G30); Former Governor, the Bank of Israel

 Ali Babacan, Former Deputy Prime Minister, Turkey

 SHI Kang, Chair Professor, Tsinghua PBCSF

 Nouriel Roubini, Professor Emeritus, NYU Stern School of Business


Thematic Sessions

13:30-14:50


New Developments and Outlook for International Trade and Investment Amid Global Transformations

This session will examine the evolution and outlook of Trump's "Reciprocal Tariff" and the U.S. tariff system since April 2, 2025. It will also discuss the evolution and outlook of export control policies among major economies, ChinaU.S. bilateral trade, the global trade structure, and the global trading system.

Academic Support: Research Center for International Finance and Economics,Tsinghua PBCSF

Moderator:

 GUAN Tao, Global Chief Economist, BOC International (China) Co., Ltd

Panelists:

 Marek Belka, Former Prime Minister, Poland

 Nan Li Collins, Director, Division on Investment and Enterprise, UN Trade and Development; Chair, UN Sustainable Stock Exchanges Initiative

 Marshall Mills, Chief Representative in China, IMF

 JU Jiandong, Chair Professor, Tsinghua PBCSF; Director, Research Center for International Finance and EconomicsTsinghua PBCSF

14:50-16:10


Development Trends of Global Capital Markets

The global economy is experiencing a period of significant structural realignment. Intensifying geopolitical conflicts, the fragmentation of global trade, and divergent monetary policies across major economies have introduced unprecedented macroeconomic uncertainty. Simultaneously, the rapid proliferation of artificial intelligence is driving substantial improvements in productivity and expanding economic potential. The interaction of these shifting geopolitical paradigms and technological breakthroughs is profoundly altering global asset pricing dynamics and global asset allocation. In this context, this forum investigates the evolving trajectory of capital markets. We aim to identify efficient frameworks for assessing global market risks and opportunities, while discussing how policymakers can enhance global financial governance.

Academic Support: Research Center for Wealth Management, Tsinghua PBCSF; Research Center for Global Family Business, Tsinghua PBCSF

Moderator:

 GAO Hao, Director, Research Center for Global Family Business, Tsinghua PBCSF; Associate Dean, Institute of Philanthropy, Tsinghua University

Panelists:

 TAN Congyan, Deputy Director-General, Department of International Affairs, China Securities Regulatory Commission

 ZHANG Xiaoyan, Associate Dean & Chair Professor, Tsinghua PBCSF

 Shane ZHANG, Chairman, Morgan Stanley Securities (China) Co., Ltd.

 MIAO Yanliang, Senior Managing Director & Chief Strategist, China International Capital Corporation (CICC)

 Louis Kuijs, Chief Economist, Asia-Pacific, S&P Global Ratings

 Edward Wieser, Head of Asia Operations, Jane Street Group

16:10-17:30


New Development of Digital Economy Driven by AI

This session will discuss the progress, improvements, and challenges arising from AI-driven new development of the digital economy. In addition, this session will further explore how AI can promote the in-depth integrated development of the real economy and the digital economy.

Partner: XWBANK

Organizer: Executive Education Center, Tsinghua PBCSF

Academic Support: Research Center for Financial Development and Regtech, Tsinghua PBCSF;Fintech Lab, Tsinghua PBCSF;

Moderator:

 YANG Yanqing, Director, Center for Education, Innovation and Sustainable Development, ShanghaiTech University

Panelists:

 JIANG Xiaojuan, Professor, UCASS; Former Deputy Secretary-General, State Council of China 

 LIWei, Director-General, Department of Science and Technology, PBoC

 ZHANG Jianhua, Director, Research Center for Financial Development and Regtech, Tsinghua PBCSF

 Sopnendu Mohanty, Group CEO, GFTN; Former Chief FinTech Officer, Monetary Authority of Singapore

 ZHOU Tao, Director, Big Data Research Center, University of Electronic Science and Technology of China; Founder, Chengdu Data-Link Technology Co., Ltd.

Tianfu Ballroom B

113:30-17:40

Report and Achievement Release

1.New Book Release: Restructuring and ResponseFrom the Bretton Woods System to a New Global Monetary System

Speaker:

 ZHANG Liqing, Director, International Financial Research Center, Central University of Finance and Economics

Commentator Guest:

 MIAO Yanliang, Senior Managing Director & Chief Strategist, China International Capital Corporation (CICC)

2.Global Financial Stability Report: Global Financial Markets Confront the War in the Middle East and Amplification Risks

Speaker:

 Sally Chen, Resident Representative to Hong Kong Special Administrative Region, IMF

3. AI-Driven Innovation in the Insurance Industry

Speaker:

 WEI Chenyang, Director, Research Center for China Insurance and Pension Finance, Tsinghua PBCSF; Director, Finance MBA Center, Tsinghua PBCSF

Commentator Guests:

 WANG Mengya, Assistant General Manager, Digital Finance Department / Digital Transformation Promotion Office, China Reinsurance (Group) Corporation

 JIA Jinpeng, General Manager, IT Department, Ping An Life Insurance Company of China, Ltd.

 LIU Jun, General Manager, Financial Solutions, Volcano Engine

4. Financial Innovation in Urban Village Regeneration

Speaker:

 GUO Xiangyu, Director of Research, Research Center for Real Estate Finance, Tsinghua PBCSF

5.Financial Regulation: Theory and Practice/ The Games in Regulation: A Brief History of Financial Regulation Over Four Centuries

Speaker:

 WANG Xian, Vice Chair, National Institute of Financial Research, Tsinghua University; Director, Research Center for Listed Company, Tsinghua PBCSF

Jincheng Ballroom

13:30-15:30


Digital Currencies and Cross-Border Payments (Closed-Door Meeting)

This session will discuss the application of domestic and international digital currencies in cross-border payments, including but not limited to the progress of such applications, the development of relevant infrastructure, the roles of various participants, and the existing challenges. In addition, this session will further explore the future development trends of digital currency applications in cross-border payments, and propose suggestions on various aspects such as efficiency improvement and risk control.

Organizer: Office of Strategy and Cooperation Development, Tsinghua PBCSF

Academic Support: Research Center for Financial Development and Regtech, Tsinghua PBCSF

Moderator:

 LIU Yue, Associate Professor & Deputy Director, Research Center for Big Data in Finance, Tsinghua PBCSF

Guests:

 MU Changchun, Director-General, Digital Currency Institute, PBoC

 WANG Suzhen, Deputy Secretary-General, Payment & Clearing Association of China

 ZHANG Jianhua, Director, Research Center for Financial Development and Regtech, Tsinghua PBCSF

 Oliver Jenkyn, Group President, Global Markets, Visa Inc.

 Sopnendu Mohanty, Group CEO, GFTN; Former Chief FinTech Officer, Monetary Authority of Singapore

 Drew Propson, Head, Technology and Innovation in Financial Services, World Economic Forum

 YANG Wen, Head, North Asia, SWIFT

 LIN Zhongcheng, Founder & Chairman, Yinsheng Technology Services Group Co., Ltd.

 LV Chen, Vice President, Central Bank BU, Huawei

116:00-17:30


New Growth Drivers and Capital EmpowermentInheritance, Innovation and Cross-Border Collaboration of China's New Generation of Entrepreneurs

Organizer: Office of Strategy and Cooperation Development, Tsinghua PBCSF

Moderator:

 Ethan XU, Co-founding Partner and Vice Chairman, Yichang Capital

Potential Guests:

 LU Yu, Vice President, Kingjee Group

 Andy YUNG, Managing Director, Yung' s Enterprise

 Samuel CHAO, Vice Chairman Novel Optics; Founding Partner & Chairman, Yichang Capital

 ZHANG Yuhao, Partner, Shanyu Capital

 Ted QIAN, Chairman Office, CP Group

18:30-20:30


International Strategic Advisory Council Meeting (By Invitation Only)

May 19 (Tuesday)

Tianfu Ballroom A


Thematic Sessions

09:00-10:20


2026 China Economic Outlook and Release of the 2026 China Financial Policy Report

Delivering the "Five Major Tasks" in Finance to Accelerate the Development of a Leading Financial Power.This session will officially launch the China Financial Policy Report 2026.With the acceleration of the development of a leading financial power as its core objective, the report focuses on the five major tasks in finance: Sci-Tech Finance, Green Finance, Inclusive Finance, Pension Finance, and Digital Finance. It systematically interprets the policy implications, practical progress, and development directions of relevant initiatives, and provides professional research support and policy recommendations to help the financial sector better support key areas of the real economy, clarify development objectives, optimize key priorities, and improve institutional frameworks.

Academic Support: Research Team for the China Financial Policy Report, Tsinghua PBCSF; Research Center for Financial Strategy and Policy, Tsinghua PBCSF

Moderator:

 HE Haifeng, Former Chief Economist, Guotai Junan Securities

Speaker:

 DING Zhijie, Director, Research Institute, PBoC

Panelists:

 QI Bin, Member, 14th CPPCC National Committee; Deputy Director, Economic Affairs Committee, CPPCC National Committee

 HUANG Haizhou, Member, Monetary Policy Committee, PBoC; Special-Term Professor, Tsinghua PBCSF

 ZHAO Yulong, Secretary, the Party Committee; President, Insurance Association of China

 XU Ming, Professor and Doctoral Supervisor, School of International Financial Law, East China University of Political Science and Law

 Paweł Kowalewski, Senior Advisor, Narodowy Bank Polski; Advisory Council Member, OMFIF

10:20-10:30

Coffee Break

10:30-11:50


Financial Service Innovation for the Belt and Road Initiative and Construction of Western Financial Center

This session will discuss the differentiated needs and common opportunities for financial cooperation between China and diverse regions including Central Asia and Southeast Asia. It will examine how Chengdu, as a western financial hub, can play a radiating and catalytic role in building a distinctive financial service system oriented towards the Belt and Road Initiative.

Organizer: Finance EMBA Center, Tsinghua PBCSF

Moderator:

 WANG Zhengwei, Associate Dean & Associate Professor, Tsinghua PBCSF

Panelists:

 Kairat Kelimbetov, Former Deputy Prime Minister,  Kazakhstan; Former Governor, National Bank of Kazakhstan

 Sim Tze Tzin, Deputy Minister, Ministry of Investment, Trade and Industry of Malaysia

 DONG Junfeng, Secretary, the Party Committee; Chairman, China UnionPay

 WANG Dan, Deputy CEO, Silk Road Fund

 Fernando LIU, President, Central Bank BU, Huawei


Thematic Sessions

13:30-14:50


Tech Finance Empowering Emerging Industry

The conference focuses on the key domains and strategic directions through which technology finance can empower the development of emerging industry. Through discussions on capital allocation, risk management, organizational governance, and practical financial innovations, the conference aims to provide insights for policy design, technological advancement, and industrial development.

Organizer: Finance MBA Center, Tsinghua PBCSF

Academic Support: Research Center for Sci-Tech and Finance, Tsinghua PBCSF

Moderator:

 WU Qidi, Director, the Securities Research Institute, Yuanda Information

Panelists:

 YANG Xueshan, Former Vice Minister, Ministry of Industry and Information Technology

 LIU Bibo, Assistant Dean and Director, Research Center for Sci-Tech and Finance,Tsinghua PBCSF

 GE Liang, General Manager of the Sci-Tech Financial Department, SPD Bank; Director, Shanghai Innovation Bank

 REN Bin, Founder, Chairman and CEO, Chengdu Zongheng Automation Technology Co., Ltd.

14:50-16:10


Reshaping the Financial System for the Longevity Era

The session will examine the profound reshaping of economic growth drivers, risk landscapes and capital flows driven by global aging, and how this trend propels the financial system to accurately adapt to the demands for life-cycle wealth management, risk protection and elderly care arrangements in the longevity era. It will focus on the institutional restructuring, instrument innovation and ecological reconfiguration of the financial system amid the impacts of population aging, and conduct in-depth dialogues on pension system reform, long-term capital, pension product supply, as well as financial support for the elderly care and the AgeTech industry. Integrating international experiences and China’s practices, the session aims to facilitate the establishment of a longevity-oriented financial system characterized by long-term resilience, inclusiveness and sustainable development.

Academic Support: Research Center for China Insurance and Pension Finance, Tsinghua PBCSF

Moderator:

 WEI Chenyang, Director, Research Center for China Insurance and Pension Finance, Tsinghua PBCSF; Director, Finance MBA Program, Tsinghua PBCSF

Panelists:

 ZHOU Yanli, Former Deputy Secretary, the Party Committee, and Former Vice Chairman, China Insurance Regulatory Commission

 Ambrogio Rinaldi, Former Central Director, the Pensions Fund Supervision Commission(COVIP), Italy; Former President, International Organization of Pension Supervisors (IOPS)

 DONG Keyong, Secretary-General, Tsinghua PBCSF Pension Finance Forum 50; Former Dean, School of Public Administration and Policy, Renmin University of China

 Joseph Cherian, Dean and Distinguished Professor, Asia School of Business

 Massimiliano Castelli, Managing Director & Head of Strategy and Advice, UBS Asset Management

16:10-16:30


Keynote Speech:

·HUANG Qifan, Executive Deputy Director, Academic Committee, China Institute for Innovation and Development Strategy

16:30-16:40


Closing Remarks:

· JIAO Jie, Dean, Tsinghua PBCSF

Tianfu Ballroom B


Thematic Sessions

09:00-10:20


New Challenges in Financial Regulation: Green, Digital and Artificial Intelligence

This forum focuses on the new challenges facing financial regulation in the context of green finance, digital finance, and artificial intelligence. By combining global regulatory practices with the realities of China's financial system, speakers will discuss countermeasures and propose regulatory policy recommendations that balance financial innovation with risk prevention. The forum aims to provide guidance for building a strong financial nation and establishing a modern financial regulatory system adapted to digital intelligence and green, low-carbon development, thereby safeguarding financial stability and supporting high-quality development.

Academic Support: Research Center for Listed Company,  Tsinghua PBCSF

Moderator:

 LI Yao, Member, Standing Committee, the 14th CPPCC National Committee; Member, Economic Affairs Committee, CPPCC National Committee

Panelists:

 SHEN Liantao, Former Chairman, the Securities and Futures Commission (SFC) of Hong Kong

 WANG Xian, Vice Chair, National Institute of Financial Research, Tsinghua University; Director, Research Center for Listed Company, Tsinghua PBCSF

 LV Zhongtao, Former Chief Technology Officer, Industrial and Commercial Bank of China

 Enoch Fung, Chief Executive Officer, the Hong Kong Academy of Finance (AoF); Executive Director, the Hong Kong Institute for Monetary and Financial Research (HKIMR)

10:20-10:30

Coffee Break

10:30-11:50


Inclusive Finance and the Financing Development of Small and Medium-sized Enterprises

Centering on the theme of "Inclusive Finance and the Financing Development of Small and Medium-sized Enterprises", four initial topics have been set up. These will explore innovative ways to break the first loan difficulty for small and medium-sized enterprises through digital and intelligent credit reconstruction; feasible paths for supply chain finance to empower specialized, refined, distinctive and innovative small and medium-sized enterprises; specific methods for financial institutions to balance inclusiveness and commercial sustainability in development; and the future direction of building a financing safety net for small and medium-sized enterprises through a dual-wheel approach of fiscal and tax policies and risk compensation.

Co-Organizer: Alliance for Financial Inclusion (AFI)

Partner: Chengdu Jiaozi Financial Holding Group Co., Ltd.

Academic Support: China Finance Case Center, Tsinghua PBCSF

Moderator:

 LU Yi, Chair Professor & Director, China Finance Case Center, Tsinghua PBCSF

Panelists:

 Chea Serey, Governor, the National Bank of Cambodia

 BEI Duoguang, President, Chinese Academy of Financial Inclusion, Renmin University of China

 Alfred Hannig, Chief Executive Officer, Alliance for Financial Inclusion (AFI)

 MA Honglin, General Manager of Chengdu Jiaozi Financial Holding Group Co., Ltd.


Thematic Sessions

13:30-14:50


Green Finance and Sustainable Development

Rapid advances in artificial intelligence, data centers, and other emerging technologies are increasing energy demand and creating new pressures for the low-carbon transition. In this context, the session will focus on how finance can support green transition, examining how green finance and capital markets can better channel long-term investment into clean energy, low-carbon technologies, and sustainable development.

Academic Support: Research Center for Global Economic Governance, Tsinghua PBCSF

Moderator:

 Mattie Bekink, Regional Director & Chief Representative for China, Ford Foundation

Panelists:

 Vera Songwe, Former Under-Secretary-General, United Nations; Chair and Founder, Liquidity and Sustainability Facility

 WANG Xin, Director General, Research Bureau, PBoC

 Paul Chow, Group General Counsel & Chief Sustainability Officer, HKEX Group

 ZOU Ji, CEO & President, Energy FoundationChina

 HUANG Xiafei, Founder, HK FARLAND NEW ENERGY

14:50-16:10


Cultural and Tourism Consumption: Fueling Domestic Demand

The forum will explore the strategic value of the cultural and tourism industries in the national strategy of expanding domestic demand: policy guidance—interpreting the strategic intention of placing "comprehensively expanding domestic demand" as the top priority and the important role of cultural and tourism industries in this regard; business innovation—exploring new opportunities brought by "culture and tourism + diverse industries," nighttime economy, low-altitude economy, and digital technologies in upgrading consumption scenarios; investment-driven growth—discussing the engine role of investing in cultural and tourism industries in high-quality urban development and traditional industrial upgrading.

Academic Support: Research Center for Culture and Creativity Finance, Tsinghua PBCSF

Moderator:

 ZHAO Cen, Director, Research Center for Culture and Creativity Finance, Tsinghua PBCSF

Panelists:

 WANG Zhongmin, Former Vice-Chairman, National Council for Social Security Fund (SSF); Chairman, Shenzhen Finance Institute for Financial Stability and Development

 ZHAO Jianjun, Second-Level Inspector, the Department of Industrial Development, Ministry of Culture and Tourism

 NIE Xiaogang, Vice President & Chief Risk Officer, Guotai Haitong Securities Co., Ltd.

 LUO Yihang, CEO,  Shengshu Technology


Jincheng Ballroom

09:00-10:30


Next-Generation Payment & SupTech Empowered by Digital Technology (Closed-Door Meeting)

Partner: HUAWEI

Organizer: Office of Strategy and Cooperation Development, Tsinghua PBCSF

12:10-13:10


Closed-Door Luncheon

Keynote Speech:

 ZHU Min, Former Deputy Managing Director, IMF; Former Deputy Governor, PBoC

14:00-15:00


Go-Global ProgramFrom China to Global Markets

Organizer: Office of Strategy and Cooperation Development, Tsinghua PBCSF

Guests:

 James Boey, CEO (China, India, ASEAN and Central Asia), GFTN

 Cynthia DING, Board Advisor, GFTN; Founding Partner, Yincubator (YunTu Overseas)

 WU Yanan, CEO & Founder, SURFIN

 JIA Li, Director, Executive Education Center, Tsinghua PBCSF

May 20 (Wednesday)

09:00-10:30

Corporate Visit (Tianfu Long Island Digital Cultural And Creative Park)