September 25, 2024

Shenzhen Finance Institute launched to link local development with global vision


SHENZHEN: The inaugural Shenzhen Finance Forum, centred on “High-Quality Development and the Path of Financial Development with Chinese Characteristics,” took place alongside the inauguration ceremony of the Shenzhen Finance Institute, Renmin University of China (RUC), in Shenzhen, according to China Economic Net.

The event, which was arranged by RUC, was co-hosted by its Institute of Advanced Social Sciences (Shenzhen), School of Finance, National Academy of Financial Research, and Chongyang Institute for Financial Studies. At the ceremony, the official inauguration of the Shenzhen Finance Institute at RUC took place.

As per the organiser, the recently founded Shenzhen Finance Institute is committed to serving national strategies, local development, social needs, and academic advancement. It will capitalise on the strengths of the university’s prominent financial disciplines and related areas to build a modern financial system. Its goal is to support the strategic objective of developing a financially robu
st nation and to excel in science and technology finance, green finance, inclusive finance, pension finance, and digital finance.

Additionally, the Institute is dedicated to establishing a hub for nurturing talent, conducting scientific research, and fostering innovation in Shenzhen. Its mission is to provide “Chinese examples” and “Chinese solutions” to the global advancement of financial disciplines, benefiting the Guangdong-Hong Kong-Macao Greater Bay Area and beyond.

Finance serves as a cornerstone of Shenzhen’s economic rise, significantly contributing to its growth path. Official figures indicate that the financial sector added a remarkable 473.9 billion yuan to the economy last year, accounting for a significant 15.4 percent of the city’s GDP.

Source: Emirates News Agency