As the chief expert, Prof. WANG Qing led the application for the Project Supported by the Specialty Funds of the National Natural Science Foundation of China. The project, studies on key issues in the national macro strategy in 2019: "Research on Audit Monitoring and Early Warning of Macroeconomic Risks Under Big Data" (71950010) was approved recently.

The project aims to propose an analytical framework of micro generation mechanism on macro-economic risk based on big data and build a new analysis framework for macro-economic risk by using the complicated financial networks and other methods in view of major forward-looking, critical, basic, and deep-seated problems of the country. Then, the audit index system oriented by macro-economic risk will be proposed by using the audit big data information so that the platform framework for intelligent audit monitoring and early warning based on big data can be developed. The research work of this project provides a scientific basis and practical mode for timely and effective implementation of early warning monitoring in macro-economic risk, and also offers experience and referential mode for the workflow reengineering of digital intelligent audit in the new era.

The project team consists of teachers from ICFS, Institute of Big Data Research, Center of Statistical Research, School of Economic Information Engineering, and School of Accounting of SWUFE. It also cooperates with the Scientific Research Institute of the Audit Office and famous foreign experts and scholars. The team has won the competition in which many famous universities in China have also participated.