The Forum, co-hosted by Jiang Wanling Research Center of International Economy and Financial Investment of Zhejiang University, International Finance Association of Zhejiang Province, School of Economics of Zhejiang University, was held in Zijingang Campus, Zhejiang University on October 18. About 150 representatives from financial institutions, private and public businesses, colleges and universities, including Gao Chujian, Chief Reporter of China Business Times, Qi Wenchao, Director of Securities Department of Financial Times, Liu Yao, Reporter of People’s Daily Overseas Edition were present at the Forum and discussed around two subjects: “New Development of Present International Financial Situation” and “Development of Exchange Rate Between American Dollars and RMB and RMB Internationalization”.

The Forum was held against the rising influence of Chinese economy and the growing position of RMB in the region and the world. The development and maturity of foreign exchange market drove international investment to stimulate international economic growth. The annual Forum on Chinese Private Finance and Nongovernment Capital keeps trace of the development of Chinese economy and finance. The Forum increases the understanding and cooperation between theoretic circles and practical circles, provides an arena for exploring emerging issues in reform and opening up and offers a platform for exchanges and communication between governments, enterprises and researchers.