The 13th Symposium on Building the Financial System of the 21st Century: An Agenda for China and the United States was successfully held

The thirteenth annual China-US Symposium on Building the Financial System of the 21st Century, hosted by the CDRF and Harvard University, was held in Hangzhou, China, from May 19 through May 21, 2016. At the two-day invitation-only symposium, the two sides exchanged views on topics such as G20 and financial stability, financial services and regulation in the age of “digital finance”, infrastructure financing and multilateral cooperation and the rate hike cycle in the US and exchange rate of RMB.

Decision makers, leaders, researchers and practitioners of the Chinese and American financial circles attended the symposium. Zhu Guangyao, Vice Minister of Finance of China, Zhu Congjiu, Vice Governor of Zhejiang Province, Wang Yiming, Vice President of Development Research Center of the State Council of China, Wang Zhongmin, Vice Chairman of the National Council for Social Security Fund of China, Yu Xuejun, Chairman of the Supervisory Board of Key State-owned Financial Institutions, Robert Dohner, Deputy Assistant Secretary for International Economic Analysis and Senior Advisor for Asia, U.S. Department of Treasury, Paul Michael Romer, Professor of Economics, Stern School of Business, New York University, and William Kirby, Professor of Business Administration, Harvard University, delivered keynote speeches on China-US economic relationship, China's economic transformation and rebalancing, innovations related to the global financial system, financial services and regulation in the age of “Digital Finance”, the logic of financial markets in the context of deleveraging, China's economic outlook and other topics.