Strategic Cooperation Signing Ceremony of Futian District Government, Shenzhen and SFI Was Successfully Held
On 16th Dec, the strategic cooperation signing ceremony of The People’s Government of Futian District, Shenzhen and Shenzhen Finance Institute (SFI) was held on the 2nd floor conference hall of Futian District Committee. This cooperation is of great significance to the high-quality development of Futian district, the introduction and cultivation of financial talents in Shenzhen and the Greater Bay Area (GBA). It is also an important milestone in the development of SFI, which marks another fruitful achievement of higher education in Futian.
Distinguished guests presented in the ceremony are: Xu Yangshen, Academician of the Chinese Academy of Engineering, President of The Chinese University of Hong Kong, Shenzhen (CUHK-Shenzhen), K.C. Yuen, Vice President of CUHK-Shenzhen, Lu Guoshi, Assistant to the President, CUHK-Shenzhen, Zheng Hongbo, Secretary of the Communist Party of China (CPC) Futian District Committee, Huang Wei, Deputy Secretary of the CPC Futian District Committee and District Mayor of Futian District People's Government, Meng Man, Deputy District Mayor of Futian District People's Government, Wang Cong, Associate Director of SFI, Shu Tao, Associate Director of SFI, etc.
The ceremony was hosted by Huang Wei, Deputy Secretary of the CPC Futian District Committee and District Mayor of Futian District People's Government. Meng Man and Wang Cong respectively representing The People’s Government of Futian District, Shenzhen and Shenzhen Finance Institute signed the strategic cooperation framework.
Xu Yangsheng, President of CUHK-Shenzhen, expressed gratitude towards Futian district for the long-term support and assistance on the development of CUHK-Shenzhen. He commented that CUHK-Shenzhen has hit the highest admission score in Guangdong province for 5 consecutive years. Undergraduate employment rate and salary are among the top level of national well-known universities. Up till now, the university has formed a faculty team with first-class scholars of international standards. It has successively established more than 20 international high-level research institutes and key laboratories, including three Nobel Prize Institutes, two fundamental research institutions, of which SFI is the representative. Meanwhile, Futian district is the financial center of Shenzhen; the development of SFI highly matched the development of Futian’s financial industry. In SFI, the academic team with international competitiveness has been formed initially, the complete and innovative top talent training system has been set up basically, high-end financial think-tank framework has been established, and SFI is committed to establishing a platform for international academic exchange.
The Shenzhen government entrusted CUHK-Shenzhen to establish SFI as a higher education research institute. As early as in December, 2017, SFI was set up in Shenzhen International Innovation Center. It administered education programmes in Futian district, and initiated stable and extensive cooperation with institutions such as The People’s Bank of China and Shenzhen Stock Exchange, etc. Meanwhile, SFI has started to stand out in international relevant areas, and has established stable exchanges with world-renowned universities and international organizations, such as Princeton University, University of Pennsylvania, University of Wisconsin-Madison, and International Monetary Fund, etc.
The curriculum setting of SFI highly matches the development of Futian financial industry. The introduction of SFI in Futian meets the positioning of Futian as the financial center and satisfies the needs of regional industry development, which will also benefit the further development of SFI. The successful agreement signed by the two parties marks that both have entered into a new phase of comprehensive and in-depth cooperation.
“In the critical period of rapid development of SFI, Futian District Committee and District Government have offered full supports to its development win multiple levels, broader dimensions, and higher perspectives, which marks an important milestone for SFI”. Xu Yangsheng expects SFI to give a renewed impetus to Futian’s financial industry and contribute to building Shenzhen into a pilot demonstration area of socialism with Chinese characteristics.
Speech by Prof. Xu Yangsheng, President of CUHK-Shenzhen
On behalf of Futian District Committee and District Government, Zheng Hongbo extended a warm welcome to the distinguished guests from CUHK-Shenzhen and SFI. He pointed out that this cooperation with SFI is of great significance to the development of Futian under the circumstances of studying and implementing the spirits of important speeches and instructions from Xi Jinping, General Secretary of CPC Central Committee on his attendance of 40th anniversary of the establishment of the Shenzhen Special Economic Zone (SEZ), and his visits in Guangdong and Shenzhen, as well as the spirits of The 5th Plenary Session of the 19th Central Committee of China. The establishment of SFI is a key strategic plan of Shenzhen Municipal Party Committee and Shenzhen Municipal Government. The government has fully entrusted CUHK-Shenzhen to build SFI into a world-class finance institute, high-end research platform and decision-making think-tank. SFI plays an important role in promoting the high-end development of the industry, gathering high-level talents, and creating a financial industry highland of Futian. It will also support the city to become a regional international financial center.
According to the briefing, Futian is ramping up efforts to build a new financial center in Xiangmihu , which shall provide better room for high-end institutions like SFI. Futian will fully support SFI’s development, provide more tailor-made, forward-looking, thoughtful services, and assist it in coordination and problem-solving. Taking this opportunity, Futian will work together with CUHK-Shenzhen in deepening the collaboration, exploring a broader cooperation space in education, scientific research, etc, and creating a great model for Shenzhen-Hong Kong cooperation.
Following the construction plan , SFI will put more focus on the below items: Firstly, based on the high-quality development needs of Shenzhen and the GBA, SFI will build an innovative and high-end talent base with international influence in the financial and economic areas, offering various education programmes including Master of Science programmes in Finance, Economics, Accounting, Data Science, Marketing, Business Management and Information Management and Business Analytics, as well as the Finance EMBA programme and Executive Development Programme. Secondly, SFI will focus on the key issues of socioeconomic development of Shenzhen and Futian, integrating frontier scientific research forces of academia and industry, financial and industrial resources to build a first-class innovation think-tank renowned domestically and internationally. Thirdly, based on the Belt and Road Initiative and Outline Development Plan for the Guangdong-Hong Kong-Macao GBA, SFI will introduce more high-end talents into Futian from home and abroad, to provide high-end intellectual support for regional and economic development of Shenzhen and Futian. Futian and SFI will be dedicated to the formation of a great model of an urban university, so as to promote the “dual zone” construction.
Futian ranks high in finance. Being the administrative, financial, cultural, commercial and international exchange center of Shenzhen, it uses FinTech as an important breakthrough in building a modern financial industry highland. And a series of policies have been introduced to reduce the operating costs of FinTech enterprises, and encourage innovation, talent training and industrial agglomeration.
In recent years, Futian has been strengthening multi-dimensional cooperation with top universities around the world, and promoting the symbiosis between universities and the city, and the urban university model integrated by industry and scientific research with a feature of high-level talents. The purpose is to gradually realize the new urban development model of city-school co-development, reciprocity of industry-research, to foster new momentum and boost new impetus for Shenzhen as the core city in the GBA.
From Left to Right: Meng Man, Huang Wei, Zheng Hongbo, Xu Yangsheng, K.C. Yuen, Wang Cong
Proofreading: Fiona, Claire