The closed session titled "Financial Sector Serves Real Economy" of the Tsinghua PBCSF Financiers Forum was held in Wenzhou, Zhejiang Province on August 8, 2013.

BAO Zhedong, CPPCC Chairman of Wenzhou,LIN Jianhai, Secretary of IMF, delivered keynote speeches. Some twenty students from the Finance EMBA Program, inlcuding XU Nuojin, Deputy Director of StatisticsAnalysis Department of People's Bank of ChinaVice President of PBC's Guangzhou Branch, HUO Xuewen, Head of Beijing Municipal Bureau of Financial Work joined the session with some dozen of local government officialsentrepreneurs. Senior Associate Dean NIE Fenghua chaired the session.

Talking about the "Global ChallengeResponse", Lin noted that the emerging markets, though on a slow growth path, have solid fundamentals. Regarding Wenzhou's reform, he also provided some suggestions.

 IMF Secretary Lin Jianhai (2nd left) gives a speech.

In the panel discussion focused on "ChallengesOpportunities: Private Capital Is Allowed into Financial Sector", "Multi-level Capital Marketthe Development of Real Economy","How Financial Regulatory Policy Serves Real Economy", XU Nuojin, HUO Xuewen, WANG Xia, Deputy Director-General of Banking Institutions Department II at Central Huijin Investment,local entrepreneurs CAO Shaoguo, Chairman of Litian Group, WANG Tianyu, Chairman of Bank of Zhengzhou, ZHANG Zhenxin, Chairman of UCF, ZHANG Dafeng, Chairman of China Resources Financial Holdings, TANG Bin, CEO of YeePayCHEN Xiaomin, General Manager of Zhejiang Juner New Materials, shared their views.

The four-hour session finished with stimulating discussions. The session was hosted by Tsinghua University PBCSF, co-sponsored by Wenzhou Financial Research Instituteorganized by Litian Financial Holdings. 

Attendees