2022 College of Business of Shanghai University of Finance and Economics New Development Forum Series of “Evolution & Innovation”

2022 New Development Forum Series was held. The theme of this forum is “Evolution & Innovation” of carbon finance. The forum was organized by College of Business of Shanghai University of Finance and Economics and co-organized by the iMBA Program of College of Business of Shanghai University of Finance and Economics and Carbon China. It is chaired by Professor Yang Nan, Deputy Director of the Teaching and Learning Development Centre of Shanghai University of Finance and Economics. The event was broadcasted live on Wechat video channel, Bilibili, and other platforms, with  more than 6000 viewers in total. The event is one of the major events to welcome the freshmen class of 2022 as well.


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Deputy Principal of Shanghai University of Finance and Economics , Xinyuan Chen delivered a welcome speech on behalf of the school. Principal Chen briefed the participants on the work of Shanghai University of Finance and Economics in talent nurturing, scientific research, and think-tank development. He explained the national “double carbon” target in the context of the forum's theme. He analyzed the huge prospect of carbon market in our country, and expected that teachers, students, and alumni, life jointly explore the enterprise development and innovation path including people from all walks of under the “double carbon” target, to support the country save energy and reduce emissions and promote the green economy and social wellbeing.


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Wei Hang, COB Associate Executive Dean, introduced the school's history, discipline development, research strength and internationalization status.He offered a delivery on the talent development of the iMBA program and the position and the goal of the new development forum series. He prospected that the iMBA program will contribute more to the creation of high quality knowledge content, the shaping the School Forum brand, and the creation of social values.


Zhou Qiang, Deputy Director and a first-level inspector of the Shanghai Municipal Development and Reform Commission delivered a keynote speech on “Taking concrete and effective measures to advance the goal of achieving carbon neutrality in Shanghai”. He analyzed the challenges faced by Shanghai in achieving its carbon neutrality target, and the overall considerations of Shanghai's work on dual-carbon. He also highlighted Shanghai's efforts to achieve carbon peaks, including the green and low-carbon transformation initiative, the energy saving, carbon reduction and efficiency increase initiative. Moreover, he talked about the industrial carbon peak initiative, the carbon peak initiative in urban and rural development, the green and low-carbon initiative in transportation, the major carbon reduction initiative in the circular economy. Furthermore, he explained the green and low-carbon initiative in science and technology innovation, the carbon sequestration capacity consolidation initiative, the nationwide and regional green and low-carbon initiative, and the ongoing deepening and improvement of the carbon trading mechanism.


Chen Gang, Director of the Oriental Securities Research Institute, delivers a talk on “Carbon: A new opportunity for a green economy in China”. As one of the school manager companies for Shanghai University of Finance and Economics, Oriental Securities is actively fulfilling the green responsibilities of financial institutionsintegrating the concept of low-carbon development into its own strategy. The company is working with business innovation and public welfare projects, and servicing to build a low-carbon green circular development of the economic system. “Carbon neutrality has turned into an international consensus,” Chen Gang said in his speech. All industries are stepping up to a low-carbon development path, not only promoting the development of a green economy, but also bringing new opportunities and challenges to the financial industry following China's 30·60 carbon target,. Chen Gang concluded his speech by stressing that there is no limit to what one can aspire to. In order to better serve the national double carbon strategy, securities companies should shoulder the responsibility of the times, securities should take the initiative to respond to the new environment, and new challenges. They should coerce  the low-carbon transition period to better serve the real economy, and strive to make a positive contribution to social and economic development.


2021 Forbes China U30, Carbon China CEO Song Hongkai offered a speech titled “Under the climate crisis, how to create a new carbon card economic system” As the co-organizer of this event, Carbon China is a climate technology company focusing on smart carbon inventory SaaS, carbon sequestration investment, and carbon neutrality path plan. In his speech, Song Hongkai introduced the inclusive carbon market and carbon calculation, with an emphasis on building a new carbon base, and suggested that scientific and technological means could be used to record and standardize carbon emissions results. As a climate technology company, Carbon China is committed to using technology to achieve carbon neutrality for businesses and individuals with a vision of building a new carbon card-based economy.


Ma Wenjie, Director of the Shanghai International Financial Centre Research Institute of Shanghai University of Finance and Economics, delivered a keynote speech on “Improving the ESG investment and financing mechanism, promoting the unification of corporate social responsibility and business value.” He put forward the logic and line of thought of constructing ESG investment and financing system with incentive integration, and emphatically analyzed the challenges faced by ESG investment starting from the urgency of the double carbon target in our country,. He also suggested the direction of further improving ESG investment and financing system.


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At the Roundtable Forum, China Non-Ferrous Metal Mining Chief Accountant, An Yi, Party Secretary and Deputy General Manager of SAIC Passenger Vehicles, Huang Jianying, Schneider Electric of global supply chain security and sustainability, Piao Jin, and the founder of Upperhouse Capital, Yin Yuran, introduced the particular courses of action, challenges experienced by enterprises in various industries in the aspect of “double carbon”.


The event, the fourth one, is in a series of new development forums specially designed by the iMBA program of Shanghai University of Finance and Economics. The first three forums were themed “New economy · New finance”, “New consumption · New life · New service”, “New Technology · New intelligence.” The new development forum series aims to bring together experts from academia and the business community for harvesting cutting-edge knowledge and wisdom to students, alumni, and people from all walks of life.