On 4th ,Dec. 2019, the second phase of "Zuoer . Lundao" series of lectures was held in International Exchange Center of BNUZ.
Prof. Li Shujie, Dr. Zhang Dexin, Han Jinhong, Zhou Hui, Shen Jun, and Associate Prof. Yuan Pu shared their new researches separately with all the faculty staff. Prof. Zhong xin, Lan Yuping and Zheng Yong encouraged those six speakers above mentioned and had some comments on their study.
Prof. Li Shujie took a topic of Macao's special financial business and Zhuhai's action in the background of the development of Guangdong-Hong Kong-Macao Greater Bay Area(GBA for short). The lecture was divided into three parts:
In the first part, Professor Li analyzed the macroeconomic downward pressure faced by China and Guangdong Province, as well as the lower stage of RMB internationalization. Meanwhile, he also introduced the advantage position of Guangdong Province in the national capital accumulation. Then Professor Li introduced "1, 2, 3 and 4" of GBA, which meant "one country, two systems, three tariff areas and four central cities", and the convenience brought by the opening of Hong Kong- Zhuhai- Macao Bridge to traffic on both sides of the Zhujiang River in 2018. Finally, he introduced the structural characteristics of the internationally recognized "post industrialized countries" among the three industries, and measured the industrialization stage of the "9 + 2" cities in GBA. According to this standard,Hong Kong , Macao , Guangzhou and Shenzhen had entered the post industrialization stage, but other cities were still in the industrialization stage.
Starting from the fluctuating trend of Macao's financial industry's share in the total economic output value, Professor Li introduced the development strategy of Macao's special financial industry adopted after careful consideration, and then introduced the development of Macao's financial leasing, wealth management, RMB clearing and green finance in details, especially the new business penetrated into Zhuhai, Guangdong Province.
In the last part, Professor Li mainly introduced the progress of Guangdong Province in attracting Hong Kong and Macao funds to Zhuhai and other big bay cities, state-owned and private financial institutions of Guangdong Province to enter Hong Kong and Macao, as well as the establishment of cross-border RMB and foreign currency loan fund pools, and the expansion of qflp, qdlp, Hong Kong -Shenzhen Stock Connect and RMB overseas investment in order to realize the integrated development of Guangdong, Hong Kong and Macao finance , loan fund; support more Unicorn enterprises in science and technology finance; support Guangdong manufacturing enterprises to carry out M & A, quality improvement and upgrading at home and abroad; prepare to build "Guangzhou Futures Exchange", "LME China delivery warehouse", launch "RMB futures" products, assist to build "Macao securities exchange"，set up "Silk Road credit insurance company" and other grand designs for the future Plan.
The other five teachers' lectures covered a lot of financial segments. Dr.Zhou Hui disclosed the interrelation between the accounting profits of listed companies and enquiry letter from SEC. Dr. Han Jinhong suggested the bulk commodity pricing mechanism should refer to the LBMA. Dr. Sheng Jun took a view that onshore market of RMB derivatives lagged far behind the offshore market. Dr. Zhang Dexin focused on block chain while Associated Prof. Yuan Pu on carbon finance.
