On Dec. 25, the Third Lead the Chinese Advance Summit Forum: Financial Industry Innovation and Development, sponsored by JRJ.com and supported by Tsinghua PBCSF, opened in Beijing. The theme of the forum is “Mobile Internet and New Financial Ecology”, focusing on the relationship between mobile internet and financial development. Prof. Charles Cao, Tsinghua PBCSF‘s Associate Dean, addressed the opening ceremony.

There had been an increasingly strong need for maintaining and increasing the value of assets among Chinese investors, Prof. Cao stated. He also said that integrated operation represented the general trend in the future, and banks, insurers, funds, trusts, microfinance institutions and third-party wealth management companies were all providing asset management service. In the era of wealth management, internet finance owned its place in the financial industry, optimizing the services of traditional finance, he added.

Along with him, Bin Xia, consultant of the State Council and Honorary Director of the Finance Research Institute of the State Council Development Research Center, Ou Wang, Deputy Director of the Department of Innovative Business Supervisionof the China Securities Regulatory Commission, Gaoyong Shu, Deputy Director of the Policy Research Office of the China Insurance Regulatory Commission, Zhilei Li, Assistant Director of the Department of Innovative Business Supervision and Cooperation of the China Banking Regulatory Commission, and Min Wang, Vice Chairman and Secretary General of the Securities Association of China attended the forum.

The forum arranged the “Mobile Internet and New Financial Ecology” main forum, “The Prospect of Mobile Internet Finance” roundtable forum and “Annual Awards Ceremony”, drawing wide attention in the financial industry.