Abstract

The main contradiction in the Chinese financial system is the contradiction between the global nature of financial problems and the local nature of China's progressive reforms. This leads to structural arbitrage opportunities for progressive reforms and serious distortions in the pricing system of the entire financial system. The capital market is a local system of the financial system. The main tasks of China's capital market include maintaining a local pricing system and serving the national strategy.

About the Speaker

Prof. He received his PhD in Finance from Wharton School in 1988. He is currently Chair Professor at Shandong University, Qiushi Chair Professor at Zhejiang University, and the Chairman of the Investment and Financing Working Committee of the Internet Society of China. He was a member of the Planning and Development Committee of the China Securities Regulatory Commission, Director of the Shenzhen Stock Exchange General Research Institute, and an independent director of CITIC Securities and other companies. He has published many papers in Journal of Finance, Journal of Business, Journal of International Business Studies, etc., and published a monograph "On the Main Contradictions and Stable Development of China's Financial System".