On Apr.9th, 2018, the Financial Research Center of the Counsellors’ Office of the State Council held the 2018 work conference and the appointment ceremony for new research fellow in Beijing. Invited by the Financial Research Center of the Counsellors’ Office of the State Council, Prof. LIU Xiliang, Honorable Director of ICFS, attended the conference. Moreover, Prof. LIU Xiliang was appointed as the research fellow and awarded by CHEN Yulu in person, Deputy Governor of the People’s Bank of China.