A delegation from SIFSD came to our department for investigation
Date: 2020-08-05

On the afternoon of July 31, 2020, at the invitation of Professor Shaun Wang from the Department of Finance, Lin Juzheng, Deputy Inspector of Shenzhen Local Financial Supervision and Administration Bureau, and Deputy Chairman and Party Branch Secretary of the Shenzhen Institute of Financial Stability Development, came to the Department of Finance for investigation and learning. This meeting was held in 315 of the third building of Wisdom Valley. The dean of the Department of Finance, Shaun Wang; the secretary of the party branch, Chen Kun; the deputy dean of the Department of Finance, Wang He, and some other teachers of the Department such as Liu Weihan, Sun Bianxia, Zhou Ti, and Yang Bowen, and the visiting scholar Gan Liu, Wu Ke, also attended this meeting, which was chaired by Professor Shaun Wang.


A delegation from SIFSD came to our department for investigation

 

Professor Shaun Wang first welcomed Lin Juzheng's team to our department for investigation and invited the teachers of the Financial Department to introduce themselves to Lin Juzheng's team.

 

Mr. Lin Juzheng then said that he was very happy to come to the Department of Finance; he would like to learn to the famous professors from the Department of Finance. At the same time, he introduced some other leaders of the Shenzhen Financial Stability and Development Institute who also attended the meeting: Tian Hongchang, Assistant to the Dean of the Shenzhen Financial Stability and Development Institute; Li Kai, Assistant to the Dean of  the Shenzhen Financial Stability and Development Institute; He Zhaosheng, Deputy Director of Comprehensive Management Department, Shenzhen Financial Stability and Development Institute; and Yu Zhen, Senior Researcher of the Shenzhen Financial Stability and Development Institute. Mr. Lin Juzheng said that he and Mr. Yang Zhaojun from the Department of Finance have already had many cooperation in applying for research projects and he look forward to further cooperation with the Department of Finance.

 

Mr. Lin Juzheng talked about his views and thoughts on Shenzhen in the meeting. In the first half of the year, when the GDP growth rate of the whole country, the provinces, and Beijing, Shanghai, and Guangzhou were both negative year-on-year, Shenzhen achieved a positive GDP of 0.1%, which is a remarkable achievement. In addition, the number of IPO companies in the Shenzhen Stock Exchange from 2015 to 2017 is the world’s largest, and the transaction volume is often the top three in the world. The quality of Shenzhen’s Fortune 500 companies is very high, and Shenzhen’s tax revenue exceeds many Provinces and cities, and as the first demonstration zone of socialism for reform and innovation. He concluded that Shenzhen is a "five cities": a one-night city that creates miracles, a city of technological innovation that dares to take the lead, a city of first-class finance, a city of pursuit of excellence and efficiency, and a city of the future that pioneers demonstrations.


A delegation from SIFSD came to our department for investigation

 

Mr. Lin Juzheng then introduced the development of the Shenzhen Financial Stability and Development Institute to the teachers and students of the Department of Finance from the Pengcheng Financial Lecture Hall, the ranking of global financial centers, the post-doctoral program of the Shenzhen Financial Stability and Development Institute, subject researches and talent training, etc. He expressed his hope to gather everyone's strength to carry out all-round cooperation in a larger pattern and achieve a win-win situation.

 

Tian Hongchang, assistant to the dean of the Shenzhen Financial Stability and Development Institute, then gave a speech. He introduced the development history and current team of the Shenzhen Financial Stability and Development Institute to the teachers of the Department of Finance. He introduced that the main functions and tasks of the Shenzhen Financial Stability and Development Institute include offering information supervision and innovation and entrepreneurship services, undertaking the tasks of the municipal committee and government, providing financial services such as annual meetings, talent training, financial lecture halls, introduction of financial brands and consumer rights protection.

 

Li Kai, assistant to the dean of the Shenzhen Financial Stability and Development Institute, introduced the goals and specific research directions of the Institute. He said that the establishment of the Shenzhen Financial Stability and Development Institute was to respond to the key issues and demands of the promotion of the five governing units, and to make policy recommendations from the perspective of think tanks. The existing research directions of the Shenzhen Financial Stability and Development Institute include regional development, risk control and supervision, financial services to the real economy, financial history and culture, financial talents and achievement transformation

 

Yu Zhen, a senior researcher of the Shenzhen Financial Stability and Development Institute, and He Zhaosheng, deputy director of the Comprehensive Management Department of the Institute, then made speeches from the existing conditions and development of the Institute, as well as the relevant situation in Shenzhen. Teachers from the Department of Finance and the Institute of Risk These issues gave an interactive exchange.

 

After listening to the introduction of the Shenzhen Financial Stability and Development Institute, Professor Shaun Wang said that Southern University of Science and Technology(SUSTech) is a university founded in Shenzhen, whose goal is to serve Shenzhen. This is highly consistent with the goals of the Shenzhen Financial Stability and Development Institute. There are many opportunities for cooperation between the two pairs. He then introduced the development status of the Department of Finance of SUSTech and the current fruits of the industry-university research platform to the leaders of the Shenzhen Financial Stability and Development Institute.


A delegation from SIFSD came to our department for investigation

 

In the end, the meeting discussed some possible cooperation between the Department of Finance and the Shenzhen Financial Stability and Development Institute, including hiring expert consultants and industry mentors for the Financial Department of SUSTech, jointly organizing the "International Conference on Fintech and Risk Management", jointly applying for academic research projects, and jointly establishing an advanced international think tank platform.


Great results were achieved in this meeting, which was hosted by Professor Shaun Wang to end in a warm atmosphere