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Chinese Financial Development and Innovation Forum and 30th Anniversary of Finance Department Held in Wuhan University
Date:2013-11-01

Upon the 120th anniversary of Wuhan University, the Finance Department celebrated its 30th anniversary. To recall history, carry forward tradition, pool strengths and plan for further development, our school organized the Chinese Financial Development and Innovation Forum and the 30th Anniversary of Finance Department of Wuhan University on October 26. Zhang Yanling, Deputy Governor of Bank of China, XuHuibin, Wholesale Business Director of China Construction Bank, Liu Meipin, Director of Financial Office of Hubei Provincial Government, Zhao Jun, Deputy Governor of People's Bank of China Wuhan Branch, Deng Zhiyi, Director of Hubei Banking Regulatory Bureau, RuiYuehua, Director of Hubei Securities Regulatory Bureau, Ying Weiwei, member of party committee and general accountant of Wuhan University, and other leaderships attended the opening ceremony and relevant forums.

Other guests of the forums and celebration events include presidents and vice presidents from Renmin University of China, Fudan University, Nanking University, Xiamen University, Huazhong University of Science and Technology, Sun Yat-Sen University, Shandong University, Hunan University, Central University of Finance and Economics, Southwestern University of Finance and Economics, Zhongnan University of Economics and Law, Wuhan University of Technology, Hubei University, Hubei University of Economics and other 20 business schools or finance schools, and more than 20 leaderships of provincial and municipal banking regulatory bureaus, Bank of China Hubei Branch, China Construction Bank Hubei Branch, Bank of Communications Hubei Branch, Industrial Bank Wuhan Branch, Hankou Bank and other financial institutions. International Finance Class 83 and Class 84, Financial Engineering Class 02 and Class 03, Finance Class 03 and other classes, and more than 30 individual alumni attended the forums and celebrations. Faculty, some retired teachers, and some representative students of the Finance Department attended the meeting.

Agenda in the morning include opening ceremony and keynote speeches. Agenda in the afternoon include alumni forum, university president forum, and banker forum. The meeting was held in an academic atmosphere and reflectedalumni’s deep affection for the university.

Pan Min, vice director of the school, held the opening ceremony. Ying Weiwei, General Accountant of Wuhan University extended warm welcome to all guests and alumni,and wished great success of the event. XuYeqin, secretary of the party committee of the school, recalled the long history of business education of Wuhan University, and expressed thanks to the alumni and peers for their great support. PengHongfeng, Dean of Finance Department, gave a briefing of development of finance research and education. Prof. Pei Ping, vice director of Business School of Nanking University extended congratulations to 30thanniversary of Finance Department of Wuhan University on behalf of peer colleges. Mrs. Zhang Yanling, former Deputy Governor of Bank of China, recalled the early stages of Finance Department of Wuhan University, talked about the cooperation between education and banking sector, and expressed her respect to faculty of Finance Department on behalf of the banking sector. Mr. XuHuibin, Wholesale Business Director of China Construction Bank read the greeting letter from the headquarters of China Construction Bank, extended his congratulations and best wishes. Chen Ge, an alumnus of International Finance Class 85 and Vice President of Guosen Securities recalled his undergraduate years in Wuhan University,extended thanks to the faculty, and expressed best wishes to the students in school. Prof. Huang Xian of Finance Department recalled his 31 years of teaching experiences and the process of founding Finance Department together with Prof. Li Chonghuai. He expressed thanks to all people from all corners of the society. Chen Xi, a student representative of Wuhan University, gave a speech, expressing her thanks to the faculty for their teaching and the alumni for their help.

Prof. Jiang Chun held keynote speeches of Chinese Finance Development and Innovation Forum. He Ping, Vice Director of Finance and Banking School of Renmin University of China, Zhu Mengnan, Vice Director of Economics School of Xiamen University, Song Qinghua, Director of School of Economics and Finance of Zhongnan University of Economics and Law, Cao Yuanzheng, chief economist of BOC International, Ye Yonggang, Director of Financial Engineering and Risk Management Research Center of Wuhan University, Zhao Jun, Deputy Governor of People's Bank of China Wuhan Branch, Deng Zhiyi, Director of Hubei Banking Regulatory Bureau, RuiYuehua, Director of Hubei Securities Regulatory Bureau, and Ying Weiwei, General Accountant of Wuhan University, gave keynote speeches on deposit insurance system, foreign exchange reserve growth, bankingindustry condensation degree, Shanghai Free Trade Zone, relationship between banking and macroscopic economics, market-oriented reform of interest rate, excessive production capacity, interest level, and other hot topics. The speeches with new viewpoints and rich contents were delivered in lively atmosphere.

Prof. Huang Xian held Luojia Finance Department Alumni Forum. The forum began with award presenting ceremony of Li Chonghuai Education Scholarship and opening ceremony ofLuojia Finance Development Fund. Then five alumni of Finance Department offered their advices to the studies and life of students of the school. Chao Yuanzheng, an alumnus of Class 78, the first master degree student of Prof. Li Chonghuai, and chief economist of BOC International emphasized the importance of analyzing problem, finding solutions and independent thinking during school years, he also strongly recommended the students to read more books. Chen Ge, an alumnus of Class 85 and Vice President of Guosen Securities shared his experiences in researches, team working, and innovation spirit, and encouraged the students to work hard. Deng Tishun, an alumnus of Class 85 and Vice General Manager of Invesco Great Wall talked about his 19 years of experience in multinational investment banks, compared oriental and occidental thinking modes and working habits, and emphasized the importance of honesty, target and ambition. ZengXiaosong, an alumnus of Class 91 and Director of Greenwoods Asset Management Hong Kong talked about his understanding of opportunities in Chinese financial market, and suggested the students to develop the ability of independent thinking and creating thinking. Mr. Jin Peng, General Manager of Credit Management Department of China Construction Bank Hubei Branch, suggested the students that wished to do risk management in the future to build sound basis of econometric analysis, mathematic model and theoretical knowledge, to develop clear and logic thinking ability and to make as many friends as possible.

Prof. Ye Yonggang held the Chinese Finance Development and Wuhan Financial Center Construction Bankers’ Forum. QueFangping, an alumnus of Wuhan University and Vice Director of Hubei Banking Regulatory Bureau gave a macroscopic analysis of Chinese economic development status, pointed out the inadequacy of confidence, information and credit in the financial sector. With dawning of the era of mass data, all these problems will exist no more, the banking industry will witness big changes and banking regulation will confront with tough challenges. Mrs. Fang Jie, an alumnus of Finance Department of Wuhan University and Vice Director of Financial Office of Wuhan Municipal Government recalled her studies in Wuhan University, introduced the development of financial industry in Wuhan, put forward her concept of Wuhan financial center construction, and the key tasks and measures of financial work in Wuhan. Yu Hui, Deputy Governor of Bank of Communications Hubei Branch, pointed out that promoting Hubei’s financial development is the common task of Finance Department of Wuhan University and Bank of Communications. Zhao Minqiang, an alumnus of Finance Department and Vice General Manager of China Development Bank Taifu Fund Management Co., Ltd. talked about his experience of becoming a senior publicly offered fund manager 17 years after his graduation, encouraged the students of Finance Department to grasp the good opportunity to master theoretical knowledge, and work hard to become an excellent fund manager in a securities, investment or fund management company.

Pan Min, Vice Director of Economics and Management School of Wuhan University, held the Finance Research Development and Talent Education Forum. He Ping, Vice Director of Finance and Banking School of Renmin University of China, Pei Ping, vice president of Business School of Nanking University, Lu Jun, Vice Director of Lingnan College of Sun Yat-Sen University, Zhu Mengnan, Vice Director of Economics School of Xiamen University, Yang Changjiang, Vice Director of Economics School of Fudan University, Li Zhihui, Director of Finance Department of Economics School of Nankai University, Cao Tingqiu, Vice Director of Economics School of Shandong University, and other 21 responsible persons of financial science in various colleges nationwide attended the meeting, discussed the difficulties and solutions of financial research development, curriculum arrangement, faculty development, and talent education. The consensus of the attendees is that financial education shall be globalized and kept in pace with top finance schools of western countries.

The 120thanniversary of Wuhan University witnesses the 30th anniversary of the Finance Department. The Finance Department of Wuhan University will continue to cultivate best talents for the society, especially to cultivate more applied and academic financial talents for the country.