China’s economy has taken major strides forward over the last four decades since the Reform and Opening-Up policy started – during which the financial sector has experienced both successes and setbacks as it aspires to play its pre-ordained key role in resource and risk allocation. Ten years after the Global Financial Crisis, China is ushering in a new round of broader and deeper economic reforms, including opening the financial industry to global competition. In the face of the challenges brought by a new global economic reality and the transition of the Chinese economy into a new phase of quality growth, the country’s financial sector needs to takes on fresh ideas and inspiration and adapt to new demand and expectations.
To meet precisely this need, the Global Finance Leaders Forum (GFLF) has been launched by Shanghai Advanced Institute of Finance (SAIF) and China Academy of Financial Research (CAFR) at Shanghai Jiao Tong University. GFLF represents a multifaceted effort to build an open, professional and effective communication platform and a world-class think tank.