"Financial Open and High -quality Development" cutting -edge forum online

On July 24, hosted by the School of Finance and Finance of Renmin University of China and the China Finance and Financial Policy Research Center, co -organized by the China Industrial Economic Magazine Society, and hosted by the Institute of International Monetary (IMI) of Renmin University of China (IMI) Hold online.

Stan Dan, director of the Institute of Industrial and Economics of the Chinese Academy of Social Sciences and the editor -in -chief of the "China Industrial Economy", pointed out that under the influence of the unprecedented changes and the interweaving of the world epidemic, my country's economic development is contracted by demand, impact supply, and expected weakness. pressure. As a new economic form that leads the future, the digital economy is a new variable for economic quality and efficiency. Financial development must face the real economy and meet new requirements for high -quality development.

Zhuang Yumin, dean of the School of Finance and Finance of Renmin University of China and director of IMI, said that high -quality development, as the theme of my country's economic development in the medium and long term, is inseparable from the support of the financial industry. High -level financial openness is the fundamental requirement to promote high -quality development. It can enhance the influence of RMB, unblock the internal and external circulation mechanisms of financial resources, and improve the efficiency of financial resources allocation.

Wu Xiaoqiu, the former vice president of Renmin University of China and the dean of the China Capital Market Research Institute, said in his speech that in China, the internationalization of financial institutions is relatively fast, and the internationalized institutional arrangements have been basically completed, and the RMB liberalization and the capital market are fully open. In the exploration stage. He pointed out the goal of China's financial opening: first, to enhance the financial competitiveness of China's economy; second, to achieve RMB liberalization; third, build the Chinese financial market, especially the capital market, into the world's new international financial center, and the RMB is priced at the RMB price. Assets have become important assets for international investors.

Wang Guogang, a professor at the School of Finance and Finance of Renmin University of China and a member of the Chinese Academy of Social Sciences, focused on the "China Finance Going Global". He proposed that in the construction of the “Belt and Road”, the diversified capital structure can be expanded from four interconnected levels: establishing multilateral financial institutions, forming and improving multilateral mechanisms in financial products, establishing a multilateral financial trading market, and conditional conditions for conditions. The state has developed a certain geographical region to develop a multilateral economy. In this process, special attention should be paid to equity equity and long -term effects in equity financing.

Regarding the characteristics of my country's financial opening process, Chen Daofu, deputy director of the Financial Research Institute of the Development Research Center of the State Council, summarized: Coordinate and promote the reform of the financial service industry, the opening of the financial market, and the marketization of the RMB exchange rate. At the same time, it is convenient to hold the exchange gate; promote the internationalization of the RMB, promote the internationalization of RMB with financial opening, and promote the opening of the financial market with internationalization; give full play to the role of the offshore market for the RMB.

BOC Securities Global Chief Economist and the State Administration of Foreign Exchange Administration's International Revenue and Expenses of the State Administration of Foreign Exchange delivered a speech on the title of "exchange rate selection and currency internationalization: experience from China". He believes that in the future, we should continue to deepen the market -oriented reform of the RMB exchange rate from three aspects: first, to further improve the quotation mechanism of the intermediate price of the RMB exchange rate and improve the representativeness of the middle price; "Thoughts to vigorously develop the domestic foreign exchange market; the third is to deal with the relationship between financial openness and exchange rate selection in the system, and choose the appropriate timing and method from the perspective of institutional openness to provide legal guarantee for the central bank's exit foreign exchange market intervention.

At the Parallel forum, more than 30 experts and scholars from the Renmin University of China, Peking University, Tsinghua University, Central University of Finance and Economics, Sun Yat -sen University, and Chinese Academy of Social Sciences and research institutions and research institutions around "international financial markets and risk prevention" " "RMB internationalization and cross -border capital flow" "Digital Finance and High -quality Development" and "Economic Open and Enterprise Investment" four themes were given to the paper to preach and comment.

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