The 4th World Finance Forum and the Belt and Road Forum for International Financial Cooperation was successfully held in Xi’an city, Shaanxi Province in China

Source: WFF    

Published: 2021-5-14

On May 12th, the Belt and Road Forum for International Financial Cooperation and the 4th World Finance Forum, was successfully held in Xi’an city, China. It was co-hosted by the World Finance Forum and the People’s Government of Shaanxi Province, organized by the Financial Supervision and Administration Bureau of Shaanxi Province and Shaanxi Provincial Convention and Exhibition Center, and co-organized by Shaanxi Financial Asset Management Co., Ltd. As one of the important events of the Fifth Silk Road International Expo, the forum, with the theme of “Towards open, inclusive, and shared future for the financial cooperation, sustainable investment and green finance within the Belt and Road Initiative”, aims to jointly build an international platform for the shared financial cooperation and innovative development among the Belt and Road countries. LIANG Gui, Member of the Shaanxi Provincial Standing Committee of the Communist Party of China and Executive Vice Governor of Shannxi Province, and WANG Zhongmin, former Vice Chairman of China’s National Council for Social Security Fund, Vice Chairman of the World Finance Forum, and Chairman of the Academic Committee of the Center for BRICS and Global Governance attended the forum and delivered speeches. FENG Xingke, Secretary-General of the World Finance Forum and Director of the Center for BRICS and Global Governance moderated the session of address and keynote speech.

Liang Gui: Member of the Shaanxi Provincial Standing Committee of the Communist Party of China and Executive Vice Governor of Shannxi Province

Wang Zhongmin: Former Vice Chairman of China's National Council for Social Security Fund, Vice Chairman of the World Finance Forum, and Chairman of the Academic Committee of the Center for BRICS and Global Governance

Feng Xingke: Secretary-General of the World Finance Forum and Director of the Center for BRICS and Global Governance 

During the keynote speech session of the forum, Yukio HATOYAMA, the former Japanese Prime Minister and Djoomart OTORBAEV, the former Prime Minister of the Kyrgyz Republic gave keynote speeches via video link. Other keynote speakers include YU Xuejun, Vice Minister of China Banking and Insurance Regulatory Commission, ZHENG Zhiming, Academician of the Chinese Academy of Sciences, and HAN Yongwen, Vice Chairman of China Center for International Economic Exchange, Kairat KELIMBETOV, the former Deputy Prime Minister of the Republic of Kazakhstan, the Governor of Astana International Financial Centre (on behalf by Timur MALIKOV, Chief Representative of Astana International Finance Center to China), and Greg GILLIGAN, Chairman of the American Chamber of Commerce in China.

Yukio Hatoyama: the Former Japanese Prime Minister

Djoomart Otobraev: the Former Prime Minister of the Kyrgyz

Yu Xuejun: Vice Minister of China Banking and Insurance Regulatory Commission

Zheng Zhiming: Academician of the Chinese Academy of Sciences

Han Yongwen: Vice Chairman of China Center for International Economic Exchange

Timur Malikov: Chief Representative of Astana International Finance Center to China

Greg Gilligan: Chairman of the American Chamber of Commerce in China

The one-day forum also featured three sessions of keynote speeches about the themes of “The 7th Anniversary of the Belt and Road Initiative—New Achievements in Economic and Financial Cooperation and New Prospects amid COVID-19”, “Financial Cooperation within the Belt and Road Initiative: New Mechanisms and Sustainability”, and “Fintech along the ‘Belt and Road’: New Achievements, Practices and Application” delivered by representatives from governments, universities, and financial and business sectors. Speakers include China Banking and Insurance Regulatory Commission （CBIRC）, China Institute of Finance and Capital Markets of the China Securities Regulatory Commission (CSRC), the Export-Import Bank of China, the Bank of China, Tsinghua University, Beijing Normal University, China Office of the Abu Dhabi Global Market, State Power Investment Corporation Hydrogen Energy Co., Ltd., New China Fund Management Co.,Ltd., the Skolkovo Foundation of Russia, the Xi’an Branch of the People’s Bank of China, the Northwest University, the Shaanxi Financial Asset Management Company, Feitian Technologies Co., Ltd., Lexin Fintech Holdings, CJ Corporation of South Korea, and Tahoe Electric.

Li Jun: Vice President of the Export-Import Bank of China

Hu Biliang: Academic Member, World Finance ForumExecutive Dean, The “Belt and Road” School, Beijing Normal University

Shi Zhiqin: Executive Dean of the “One Belt One Road” Strategic Research Institute, Tsinghua University

Keynote Speech

At the end of the Forum, a dialogue with the theme “the Belt and Road Initiative and Green Finance” was held, in which representatives from China Banking and Insurance Regulatory Commission, China Development Bank, the Bank of China, the Abu Dhabi Global Market and ADGM Financial Services Regulatory Authority and the State Power Investment Corporation Hydrogen Energy Co., Ltd. Offered their insights on how to jointly promote the “Belt and Road” financial cooperation and continue to enrich the connotation of green finance and the development of innovative “Belt and Road” financial cooperation.

Dialogue and Exchange

The Forum invited more than 200 global political and industry elites from China, the United States, Russia, Japan, Kazakhstan, Kyrgyzstan, the United Arab Emirates and other countries, who are government regulators, scientists, representatives of financial institutions, well-known scholars and entrepreneurs, and in-depth discussions and exchanges were held on relevant financial hot issues between China and the rest of the world, the “Belt and Road” financial cooperation, and how to better serve the development of Shaanxi’s modern financial industry as well as China’s “dual circulation” strategy.