From December 11 to 12, "The 3rd International Conference on Financial Regulation and Financial Stability" hosted by the school of finance of Shanxi University of Finance and Economics was grandly held in the form of online conference. Professor Shen Peilong, member of the Standing Committee of the Party Committee and vice president of Shanxi University of Finance and Economics, delivered a welcome speech, and Professor Peng Jiangang of Hunan University delivered a speech as the chairman of the conference. The opening ceremony was presided over by Professor Zhang Wenlong, dean of the school of finance. A number of domestic and foreign scholars with outstanding achievements in the field of financial regulation and financial stability were invited to make keynote speech. Experts and scholars exchanged reports at the branch venue through Voov Meeting.
The meeting focused on the theme of "financial regulation and financial stability". In the keynote speech stage, Professor Franklin Allen of Imperial College London, Professor Wu Wenfeng of Shanghai Jiao Tong University, Professor Thorsten Beck of European University College, Professor Liu Xiaoxing of Southeast University, Professor Jonathan Batten of Royal Melbourne Institute of Technology, Professor Sui Cong of Dalian Maritime University, Professor Charlie Cai of University of Liverpool and Associate professor Wang Xiaoting of Shanxi University of Finance and Economics made in-depth analysis on potential policy responses to skyrocketing asset prices and bubbles, financial decentralization and local government debt governance, experience of banking regulators' response to COVID-19 crisis, systemic financial risk shocks and China's macroeconomic resilience, financial insider trading and market manipulation, performance of different market participants under the crisis, the impact of economic uncertainty exposure (EUE) and cross-sectional returns: mispricing and ambiguity premium and the balance sheet analysis of macroeconomic departments and the evaluation of China's financial stability.
The conference received manuscripts from more than 30 universities and scientific research institutions at home and abroad such as SEGi University, Indiana University (South Bend), The Chinese University of Hong Kong (Shenzhen), Renmin University of China, Hunan University, Tianjin University, Central University of Finance and economics, Jinan University,etc. After the expert committee evaluation, 50 manuscripts were selected to enter the report of branch venue and then made the special report in 15 branch venues which focus on the themes such as credit risk, financial technology, green finance, regional finance and rural finance, corporate finance, capital market, systemic risk and risk contagion, finance and economy, banking risk, international financial stability, COVID-19 and financial stability and risk management.
At the branch venue, the author of the paper had a heated discussion with the commenting experts, participating teachers and students on the setting of theoretical model, the design of experimental method, the selection of key variables and other issues in the article. Through this full discussion, we will enhance mutual understanding, contribute to the research on financial regulation and financial stability, and provide reference for the prevention of major financial risks in China.
Since 2019, the International Conference on Financial Regulation and Financial Stability has been successfully held for two sessions, which has been strongly supported by experts and scholars from many universities and scientific research institutes in relevant fields at home and abroad. The conference is committed to providing opportunities and platforms for domestic and foreign experts and scholars in the academic, industrial and policy fields of financial regulation and financial stability to share their views, in order to promote the development of China's financial regulation and financial stability theories and research methods, and provide useful reference for the application of financial theories and research methods to solve practical problems.