The COVID-19 pandemic is continuing to spread around the world in a deeper and broader way than people had expected. Therefore, its negative impacts on the global economy and geopolitics has also exceeded expectations. A vaccine may soon be on the market, can this upend the above situation? Will the outcome of the US general election ease geopolitical tensions? What are the prospects for global economic recovery? Will unconventional monetary policies and low interest rates in the developed world create asset bubbles? Would it increase the vulnerability of the global financial system? After the outbreak of global financial crisis in 2008 - 2009, the global financial asset safety net was established. How to evaluate the role of the safety net in this pandemic? What other aspects of the global monetary and financial system need further reform? These are all questions that people concerned about.
Therefore, answering to the above questions, Shanghai Development Research Foundation (SDRF) and Friedrich-Ebert-Stiftung (FES) Shanghai Representative Office jointly organized the "2020 Shanghai Symposium on Global Finance: The Shocks on Global Economy and Finance by Covid 19 - Impacts, Implications and Necessary Adjustments", inviting renowned experts and scholars at home and abroad to discuss these issues though the combination of online and offline on December 4th.