SDRF and INET together hold an International Forum of 2015“China and Global Financial System”.
China has been facing a series of major questions in the process of integration into the global financial system. These questions include: What are China’s objectives and procedures for integrating into the global financial system? What are the benefits and risks for China involved in this integration? What’s the relationship between the integration between China and the world on the one hand, and the reform of international monetary system on the other? What’s the relationship between the integration of China with the world and China’s economic transition? Etc. To answer these questions, the Shanghai Development Research Foundation (SDRF) and The Institute of New Economic Thinking (INET) have together launched a multi-year research project “China and Global Financial System”.
Together INET and SDRF have chosen five distinct research topics for consideration in the first phase of the project.Research on each common topic is being conducted by Chinese and foreign researchers separately. As of the end of July, both sides have completed a number of working papers. To assess the progress of the research, the two institutions decided to hold “China and World Financial System” International Forum on 6th and 7th of August, 2015 in Shanghai.
On the first day of the seminar, both sides will submit the results of their research and exchange their views. For the second morning, the discussion topic is “Financial Reform, Stability and Regulation: Global and Chinese Perspectives.” Participants will discuss a series of questions related to the recent dramatic fluctuations of the Chinese stock market. Among the questions that will be addressed are such issues as: Where and how a line should be drawn between market functioning and government intervention in the financial market？How should China consider the tempoand sequence of financial reform, and the balance between market maturity and compatible regulations, and the speed of international integration？What lessons and experiencescan we learn from mature mechanisms in foreign capital markets？