In 2017, CF40 initiated the Jingshan Report Series, an annual research program focusing on the most relevant and critical financial issues in China. Authored by leading experts from the government, financial industry and academia, the report aims to formulate concrete policy proposals for China's financial reform and opening based on in-depth and up-to-date analysis. From 2017 to 2019, the program was led by Prof. Huang Yiping, Chairman of CF40 Academic Committee and Vice Dean of National School of Development at Peking University. The themes of the three years' reports are "Proactively and Steadily Advancing China's Financial Opening", "Strengthening Market Mechanisms to Promote a Modern Financial System in China" and "Supporting High-Quality Economic Development with Financial Innovation" respectively. Since their release, the reports have received high acclaim from policymakers, financial practitioners and academics worldwide.
Beginning in 2020, the project will be led by CF40 Nonresident Senior Fellow Xiao Gang. The theme of the 2020 Jingshan Report is "Economic and Financial Development and Policy Measures under the 14th Five-Year Plan".
The theme of the 2019 Report is Supporting High-Quality Economic Development with Financial Innovation. Four decades after the implementation of its reform and opening up policy, China is ushering in a series of major turning points in its economy. The transformation of the growth model requires the transformation of the financial model. Marking its third volume, the 2019 Report incorporates six individual reports, each concentrating on one specific topic concerning the role of financial innovation in supporting high-quality economic development.
For full report: http://new.cf40.org.cn/uploads/CF40/2019.pdf
