Today (May 31) morning, the Municipal Government Information Office held a press conference. Ge Ping, deputy director of the Shanghai Local Financial Supervision and Administration Bureau, introduced the 14th Lujiazui Forum. Zhang Zhongning, deputy director of the General Office of the State Administration of Financial Supervision, and Wang Dengyong, deputy director of the Shanghai Securities Regulatory Bureau, attended the press conference and answered questions from reporters.
The 14th Lujiazui Forum will be held from June 8th to 9th, 2023. Since 2008, the "Lujiazui Forum" co-sponsored by the Shanghai Municipal People's Government and the national financial management department has been successfully held for thirteen sessions. Each forum focuses on major economic and financial issues at home and abroad, and invites senior leaders of governments and financial regulatory agencies, leaders of important global financial markets and top financial institutions, and well-known experts and scholars to participate in the forum to exchange ideas, share opinions, and build consensus. Contributed wisdom and strength to the construction of Shanghai International Financial Center, China's financial reform and opening up, and global financial governance.
With the strong support of the national financial management department, the Lujiazui Forum has become an authoritative financial forum in China and a high-end international financial dialogue platform with wide influence. It is also a platform for the national financial management department to release important signals and speak out to the outside world. Center's development history.
1. about the theme and topics of this forum
At present, the major changes in the world unseen in a century are accelerating, a new round of technological revolution and industrial transformation is in-depth development, and the balance of international power is undergoing profound adjustments. At the same time, there are uncertainties in the outlook for global economic growth, and economic recovery faces multiple challenges. In this context, the theme of this forum is "Global Financial Opening and Cooperation: A New Power to Guide Economic Recovery", which aims to explore how to strengthen financial cooperation between countries and regions, boost confidence in development, and support the high growth of the real economy. Quality development, promoting global economic recovery and financial stability.
This forum has seven plenary sessions and three Pujiang evening talks, covering topics covering current hot issues in the economic and financial fields, including "Functional Improvement of Pilot Free Trade Zones and High-Level Financial Reform and Opening-up", "Building a Better Supporting Technology Innovation Financial Service System", "Global Monetary Policy Adjustment and Financial Risk Prevention", "Opportunities and Responsibilities of Pension Finance", "New Trends in the Development of Global Asset Management Industry", "Building a Green Financial System Supporting the 'Double Carbon' Strategy" and "Pujiang Evening Talk 1 : Practicing the ESG concept and promoting transformational financial development—partner city session · Luxembourg”, “Pujiang Evening Talk II: Common Prosperity and Inclusive Financial Development” and “Pujiang Evening Talk III: Financial Openness and Cooperation and Legal Guarantee” and other 10 topics.
At the same time, this year’s forum added a “Science and Technology Innovation Finance Studio”, focusing on three topics: “Registration System and Innovation of Direct Financing Mechanism for Science and Technology Enterprises”, “New Ways for Intellectual Property Finance to Unblock Technology Innovation”, and “Venture Investment to Help Startups Accelerate Development” discuss.
2. about the preparations for the forum
This forum is co-hosted by the Shanghai Municipal People's Government, the People's Bank of China, the State Administration of Financial Supervision, and the China Securities Regulatory Commission. As the host and one of the organizers of the forum, Shanghai attaches great importance to the preparatory work for the forum. With the joint efforts of relevant parties, the preparatory work for the forum is progressing in an orderly manner and will be held as scheduled.
A total of more than 70 Chinese and foreign speakers were invited to participate in the discussion of this forum. In terms of government and regulatory authorities, the People's Bank of China, the State Administration of Financial Supervision, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, the National Council for Social Security Fund, the Shanghai Municipal People's Government, and the Ministry of Finance of Luxembourg, the City of London, the Monetary Authority of Singapore, Hong Kong Leaders from the Treasury Bureau and other government and regulatory departments attended the forum and made speeches; in terms of international financial organizations, the president of New Development Bank attended the forum and made speeches; in terms of financial markets, Shanghai Stock Exchange, Hong Kong Exchange Group, Singapore Exchange Group, Deutsche Börse Heads of market institutions such as exchange groups attended the forum and made speeches; as for financial institutions, China Investment Corporation, China Development Bank, China Export-import Bank, China Agricultural Development Bank, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, PICC, China Life Insurance, China UnionPay and other central institutions; Shanghai Pudong Development Bank, Bank of Shanghai, Guotai Junan Securities, CPIC and other Shanghai institutions; JP Morgan Chase, Goldman Sachs Group, HSBC Group, Mizuho Financial Group, Fidelity International, Schroeder Group, AIA Group, CA-CIB, Bank of America Merrill Lynch Group, Neuberger Group, Oaktree Capital, Paypal Group, Moody’s and other foreign-funded institutions, the heads of these institutions participated in the forum and made speeches; Laureates of the Bell Prize in Economics participated in the forum and made speeches.
3. about the characteristics of this forum
This year, based on the experience of previous forums, some explorations have been made. One is that the time node is eye-catching. The resumption of offline holding of this forum is the first time that the main leaders of the national financial management department have collectively voiced their voices on the public platform at the same time after the National Two Sessions announced the reform of the national financial regulatory system. Chinese and foreign guests gathered together again on the banks of the Huangpu River. They will give wonderful speeches for the forum, talk about global financial development, and share unique insights and wisdom.
Second, the agenda design is more focused. In terms of the agenda design of this forum, it mainly adopts the form of plenary meeting, Pujiang night talk, science and technology innovation and finance studio, and conducts in-depth discussions around the aforementioned topics. In order to further expand the dimension and depth of the forum, this year's forum invited Luxembourg as a partner city, and set up a special partner city session to jointly discuss the experience and practices of China and Europe in promoting ESG development through finance. At the same time, this forum will also hold a series of signing and unveiling activities for new institutions.
Third, there are various ways of dissemination. During the forum, mainstream media and new media at home and abroad will conduct comprehensive publicity and reports on this forum through various channels such as TV, Internet, newspapers, and magazines; continue to conduct online live video broadcasts. Live micro-broadcasting with the plenary session; new media platforms such as Xinhua Finance, Kankan News, China Business News, Dongfang.com, The Paper, Jiemian Cailianshe, as well as platforms such as Sina Finance, Tencent News, Toutiao, etc., will be broadcast on the client side online video live broadcast; Dongfang.com will conduct the whole process of graphic live broadcast.
Building Shanghai International Financial Center is a major national strategy put forward by the Party Central Committee and the State Council from the perspective of my country's reform, opening up and modernization drive. Over the years, under the guidance of relevant state departments and with the support of all sectors of society, the construction of Shanghai as an international financial center has made significant progress. Shanghai will take "basically building an international financial center compatible with my country's economic strength and the international status of the RMB" as a new starting point, always adhere to the development direction of marketization, internationalization, and rule of law, and create an "upgraded version" of the international financial center, giving full play to As the vane and leader of China's financial reform and development, the Lujiazui Forum continues to convey China's determination and measures to deepen the high-level financial opening up to the outside world.