On November 29th, the Seminar for China’s Financial Security(2015) as well as the press conference was held in Beijing. The conference was hosted by SUWFE and the China Society for Finance and Banking, and undertaken by the Collaborative Innovation Center of Financial Security and the Institute of Chinese Finance Studies(ICFS)of SUFE. Experts and scholars attended the opening seminar from China International Finance Society, People's Bank of China, China Banking Regulatory Commission, China Securities Regulatory Commission, Development Research Center of the State Council, Chinese Academy of Social Sciences, Wuhan University and SUFE.

YIN Qingshuang, vice President of SUFE offered congratulations on the release of the China Financial Security Report (2015) at first. He pointed out that financial security is a national strategy which is an important component of the overall national security concept proposed by General Secretary XI Jningping. At present, both China and the global financial development are facing many challenges where diversified, multi-level, and multi-dimensional financial problems have put pressure on China's financial security situation. It is particularly important to actively defend financial security and take precautions against financial crises in a timely manner. The China Financial Security Report (2015) is a landmark research of the Collaborative Innovation Center of Financial Security. It is believed that the report would have a positive significance for preventing national financial risks and building China's financial security strategy.

Prof. WANG Qing, director of the ICFS of SWUFE as well as deputy director of the Collaborative Innovation Center of Financial Security, explained the contents of the China Financial Security Report (2015). The report made a thorough assessment of the current state of China's financial security from four respective angles: financial institutions, financial markets, economic operations, and financial autonomy, and also publishes the China Financial Security Index. The report pointed out that China’s financial security has been improving constantly since 2001, but there was a tendency of going downward since 2012, the China Financial Security index within a controllable range though. A financial security index of 80 points or more is a safe state, between 70-80 points means controllable, 60-70 points implies relatively more dangerous, and less than 60 points represents dangerous. The current index for China is 78.06 points. The main reasons for the current decline in financial security are as follows. First, the stability of financial institutions is gradually decreasing. Second, the risks of China's economic endogenous operation have increased significantly. Since the 21st century, the financial autonomy of China has been continuously improving, but not commensurate with China’s economic status.

In the subsequent seminar, the participating experts and scholars focused on the contents of financial security, analyzing the major potential hazards facing China's financial security and putting forward policy recommendations on how to actively respond to financial risks in China.

The report has received great news media attention. News media including China Central Television(CCTV), People's Daily Online, Xinhua net, China Youth Daily, The Economic Observer, Xinhua News Agency conducted full interviews and reports. China Youth Online, Sina Finance, Phoenix.com, Sohu Finance, Shijie.com, Sohu Securities, World Wide Web, China Internet TV, China News, China Daily, Overseas Network, Dongfang.com, Dahe.com, Qianlong.com, Wenzhou.com, China Securities Network, Hexun and other media also reported such issue. Professor Jiqiang Tang, CEO of SWUFE Institution also offered great support and assistance on this meeting.

(This report is provided by the Collaborative Innovation Center of Financial Security and the ICFC of SUFE)