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      Our college successfully held the 12th China Rural Finance Development Forum

      Date:2018-08-24 Read:

      The talented assemble in Nanjing and a hundred of thoughts thrive. From August 17th to 19th, the 12th China Rural Finance Development Forum was successfully held at the Academic Exchange Center of Hanyuan Building of Nanjing Agricultural Universityb(NJAU). This forum was sponsored by Teaching and Research Group of Rural Finance, Steering Committee of Agricultural Economy and Management Major in Higher Education Institutions of Ministry of Education(MOE), undertaken by College of Finance of NJAU, and co-organized by four periodical offices, which are Issues in Agricultural Economy, Chinese Rural Economy, and Journal of Nanjing Agricultural University (Social Science Edition),as well as Journal of South China Normal University (Social Science Edition). More than 260 experts, teachers and students in rural finance from 77 higher education institutions, research institutes, government department, financial institutions and etc., held a two-day academic discussion around the theme of the forum “Investment and Financing System Innovation and Rural Revitalization”, and they have provided countermeasures and suggestions for tackling the problems of agriculture, rural areas and farmers and promoting rural financial development.

      The opening ceremony was held on the morning of August 18, which was presided by Professor Zhou Yueshu, deputy director of College of Finance of NJAU. Professor Dai Jianjun, member of Standing Committee and vice president of NJAU, addressed a speech to welcome the guests. In his speech, Dai introduced the development process of NJAU, and thanked rural finance academic and practical community for their affirmation and encouragement of the strength of our rural financial discipline. Furthermore, Dai said he hopes that rural financial experts and scholars will gain more prospective research from this forum to explore the national rural revitalization strategy with the theoretical research and practice of rural finance.

      Dai Jianjun, member of Standing Committee and vice president of NJAU, delivers a speech to welcome the guests

      Zhou Yueshu, deputy director of the College of Finance of NJAU, presides the opening ceremony of the forum

      After the opening ceremony, two keynote speeches were held at the forum, respectively addressed by Professor Zhang Bin, member of the Party Committee and chief accountant of Hohai University(HHU) , and Professor Guo Pei, dean of School of Economics and Management of China Agricultural University(CAU).

      Professor Zhang Bin makes a keynote speech

      Professor Guo Pei makes a keynote speech

      Three university scholars---Professor Zhu Jing, convener of Appraisal Group of Agricultural and Forestry Economic Management of Academic Degrees Committee of the State Council,distinguished professor as “Changjiang Scholar” by MOE, and dean of College of Economics and Management of NJAU, Professor Wen Tao, dean of College of Economics and Management of Southwest University, and Professor Ma Jiujie, dean of College of Agricultural and Rural Development at Renmin University of China(RUC), gave their reports in turn. In the special report entitledChina Agriculture under the Globalization Pattern, Professor Zhu Jing demonstrated the outstanding contribution of Chinese agriculture to the world with an open international perspective, and analyzed the severe challenges faced by Chinese agriculture and proposed new ideas for solving problems such as “reduce the cost first” and “improve quality and add value”; Professor Wen Tao focused on the reform process and evolutionary logic of China's rural financial system on the forty years’ reform and opening up. He believed that the changes in China's rural financial system showed the characteristics of non-equilibrium, uncertainty and irrational behavior , so that if we want to provide the basis for the overall system design, we should base on the behavioral subject modeling to grasp its dynamic law; Professor Ma Jiujie took the pilot part of farmland mortgage financing as the research point cuts, revealed the validity problem between the original intention of the pilot and the actual operation, and analyzed the difference between the land transfer type and the mortgage effect of the agricultural land use right from the perspective of legal economy, in addition ,he also put forward proposition to amend the law “to give the peasant land management rights mortgage function”.

      Professor Zhu Jing makes an invited report

      Professor Wen Tao makes a keynote speech

      Professor Ma Jiujie makes a keynote speech

      wo rural finance practice experts--Wang Xiaoya, member of Academic Committee of China Rural Research Institute of Tsinghua University, and non-executive director of Bank of China(BOC), and Peng Bo, general manager of Rural Finance Department of Ant Financial, proceed from their own business perspective separately publishing reports entitled the Role of Rural Commercial Banks in Rural Revitalizationand Rural Financial Practice of Ant Financial .Wang Xiaoya, in his special report, emphasized the importance of the return of agricultural commercial banks to their original basics for revitalizing the rural economy, and put forward innovative development ideas for the overall and listed agricultural commercial banks respectively; Peng Bo demonstrated three generations of advanced effective measures provided by Ant Financial to eliminate rural financial pain points and solve long-tail customer problems, namely: “online + offline” acquaintance model, supply chain industry financial model and data platform model.

      Wang Xiaoya makes an invited speech

       Peng Bo makes a keynote speech

      It is reported that this forum has received a total of 131 submissions and 64 of them were accepted through review. According to their research themes,four sub-forums have been established.From the afternoon of August 18th to the morning of the 19th, the four sub-forums were launched in parallel with central topics entitled Rural Family Finance,Farmer Financial Behavior, Financial Technology and Rural Finance, Agricultural Insurance and Risk Management,Rural Finance and Anti-poverty, Rural Inclusive Finance, Rural Finance and Rural Revitalization, Rural Financial Institutions Reform and Innovation, and Rural Family Finance. During the convention, teachers and students shared with each other, and 32 experts and scholars commented on the submitted papers on the scene.

      Sub-forum site


      On the evening of August 18th, special report was set up for the headmasters of magazines. Li Yuqin,headmaster of the magazineIssues in Agricultural Economic, provided constructive guidance on How to Scientifically Select Topics and Standardize Writing.

      On the morning of August 19th, the new theme was a special forum on Inclusive Financial Practice and Innovation in the Process of Rural Revitalization, and the forum had invited 6 practical experts in rural finance as gusts to share their experiences such as the deputy director the office of JiangsuRural Credit Union, the leaders of local agricultural commercial banks, and the chairmen of the company. Professor Zhang Longyao, deputy director of College of Finance of NJAU, presided over the meeting.

      Deputy director Zhang Longyao hosts a special forum

      On the morning of August 19th, He Guangwen, professor of School of Economics and Management of CAU, presided over the closing ceremony. Professor Xiong Deping, dean of School of Finance of Yunnan University of Finance and Economics (YNUFE), offered an analysis on the relationship between rural inclusive financial development and market competition mechanism in different contexts and he had put forward the conditions and theoretical opinions of the market competition mechanism, all of his opinions were included in his report entitled Market Competition Mechanism of Rural Inclusive Financial Development: Theoretical Logic and Analysis Framework ; Professor Luo Jianzhao, director of Rural FinanceInstitute of Northwest A&F University, published a report entitled Several Theoretical Issues on Rural Financial Development, emphasizing the need to further consolidate the basic theories related to rural finance and pay more attention to the construction of rural credit systems, the development path of rural cooperative finance and the unhealthy phenomenon in rural financial culture; Professor Li Mingxian, secretary of Party Committee of Hunan Agricultural University, pointed out in his report the value of tools, the difficulties and solutions to the financial technology to the countryside; Professor Zhang Zhengping, secretary of Party Committee of School of Economics, Beijing Technology and Business University(BTBU), based on his research experience in eight districts and counties in Qinghai Province, he deeply pondered the development of inclusive finance in poverty-stricken areas, and he believed that it is necessary to clarify the boundaries of local government intervention and the market will be more useful in financial services promotion.

      Professor Xiong Deping gives a conference report

      Professor Luo Jianzhao gives a conference report

      Professor Li Mingxian gives a conference report

      Professor Zhang Zhengping gives a conference report

      The closing ceremony of the forum was presided over by Professor Wang Jiachuan, director of Rural Finance Research Institute of Shandong University of Finance and Economics. Professor Zhang Longyao first gave a briefing on the academic work of the forum to the conference, and introduced the review rules, the recruitment of the essays and the results of the excellent papers. In the end, 21 papers from 16 universities and units were awarded outstanding papers, including Nanjing Agricultural University, China Agricultural University, Northwest A&F University, Chinese Academy of Agricultural Sciences, and Renmin University of China and etc.. Professor He Guangwen, Ma Jiujie, Xiong Yuping, and Chen Dongping handed out the awards for the winners.

      Awarding-winning representatives receive awards

      At the end of the closing ceremony, Professor Wang Jiachuan gave a comprehensive summary and full affirmation of this forum, he said that the theme of the forum Innovation of Investment and Financing System and Rural Revitalization is in line with the requirements of the national rural economy and rural financial reform and development, in line with the expectations of rural financial disciplines, and he highly summarized the four prominent features of this forum: the most participants ever attended,the widest coverage; the most academic papers with thehighest quality; the theme of the keynote speech is novel and the content is beneficial; the arrangements of sub-forums and thematic reports link tightly with  academy and practice, and the teachers and students communicate with each other. Finally, Professor Wang Jiachuan expressed his expectations for the sustainable development of the China Rural Finance Development Forum---it is necessary to further coordinate, strengthen cooperation and achieve information flow and resource sharing in the teaching and research activities of rural finance

      Professor Wang Jiachuan presides over the closing ceremony





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