2020
From September 10th to 11th, the 17th US-China Symposium on “Building the Financial System of the 21st century” was successfully held. Affected by the pandemic, the symposium originally held in China and the US in turn chose to use a combination of online and offline discussions. The US-China Symposium on “Building the Financial System of the 21st century” was co-hosted by CDRF and the Center for International Financial Systems at Harvard Law School. The three themes of the seminar were: responding to the virus outbreak, preventing and controlling persistent risks, the future of China-U.S. economic and trade chain risks, and China-U.S. financial market access. Nearly 200 representatives of Chinese and American governments and regulatory agencies, executives of enterprises and financial institutions, experts and scholars attended the meeting.
Ma Jiantang, Secretary of the CPC Leading Group & Vice President, Development Research Center of the State Council, P.R. China, delivered a speech. Representatives of the organizers, Lu Mai, Vice Chairman, China Development Research Foundation (CDRF) and Hal Scott, Emeritus Professor, Harvard Law School; President, PIFS welcomed the participants.
The discussion was moderated by-Hal S. Scott, Emeritus Professor, Harvard Law School; President, PIFS, Xue Lan, Cheung Kong Chair Distinguished Professor, Dean of Schwarzman College, Tsinghua University, Jeff Bader, Senior Fellow, Brookings Institute, Wang Shaoguang, Emeritus Chair Professor, The Chinese University of Hong Kong, • Mark McClellan, M.D., Ph.D., Director, Duke-Robert J. Margolis, Center for Health Policy, Duke University spoke for the discussion.
Finally, Hal S. Scott, Emeritus Professor, Harvard Law School; President, PIFS and Fang Jin, Secretary General, CDRF made the concluding remarks.
Since 2004, the symposium has been held alternately in China and the United States every year, with the active participation of decision-makers, financial institution leaders, researchers and practitioners of the financial regulatory departments of the two countries. This year, adhered to the tradition of frankness and pragmatism, the symposium maintained the channels of regular exchanges between the two sides, and provided a valuable platform for the two sides to find consensus through communication and continue cooperation under the complex situation US-China relations.
