The first China Public Finance Forum was held in SEPKU Dongxu Conference Hall from Dec 5^th to Dec 6^th. Scholars from 22 colleges and research institutes as well as editors from 9 well-known economics journals attended the forum.

 

Professor Liu Yi, Director of the Public Finance Department of SEPKU, hosted the opening ceremony. She introduced the design of the emblem and the origination background of the forum, and expressed heartfelt thanks to the support of Jiang Su Nan Xin Group, Journal of Peking University, and Economic Science Press.

 

Professor Sun Qixiang, Dean of SEPKU, Chairwoman of the first China Public Finance, made welcoming remarks on behalf of the organizer. She pointed out that during the new period of adjusting economic structure and promoting, the transformation and upgrading a throng of questions still hide in China’s financial system. Then she gave a brief review of the history of public finance in PKU and SEPKU, and fully affirmed the academic purpose and theory contribution since the establishment of the department.

 

Mr. Liu Shangxi, Academic Committee Chairman of the China Public Finance Forum, Director of the Institute of Financial Science, said that finance is not only an economic problem, but also a comprehensive issue of society politics and philosophy. The biggest challenge in the future of public finance will lie in the thinking mode and finance logic. Professor Zhang Xin from Xia Men University noted that modern public financial system, which includes at least the government budget reform, tax reform, government expenditure and budget balance, is established to consummate the market economic system. Professor Li Junsheng, Vice-president of Central University of Finance and Economics, referred to restrict fiscal theory, including relocating the government and the market, defining the limits of interests and stabling new concept of finance.

 

The China Public Finance Forum, jointly founded by Peking University, Renmin University of China, Shanghai University of Finance and Economics and Wuhan University, aims at building a high level platform of academic exchange and cooperation in public finance, taxation and public economics, to deepen mutual understanding and promoting collaborative research.