On October 17, Professor Yu Yongding, member of the Chinese Academy of Social Sciences (CASS) and former director of the Institute of World Economy and Politics, led a research group from the Institute at CASS to carry out a survey research in NAFMII. Secretary-General Shi Wenchao and relevant department heads of NAFMII held a forum with the research group from CASS.

During the forum, Secretary-General Mr. Shi expressed his welcome of the research group , followed with a detailed introduction about the historical and political background of the early NAFMII, and its development in the past five years, its work of innovation, self- regulation and services, as well as the development of China’s bond market in recent years.

Secretary-General Shi Wenchao introduces NAFMII to CASS research group

Professor Yu Yongding expressed his gratitude to NAFMII, pointing out that China is currently going through a critical financial system reform, and that the development of the bond market is important not only for the bond market itself but also for the financial reform as a whole, and that NAFMII has played an important role in promoting the development of China’s bond market during the process; hoping to learn about the latest progress of the bond market through such research and in turn provide more realistic policy proposals to facilitate a steady and healthy advance of financial reform. Mr. Yu also expressed hope for the Institute of World Economy and Politics at CASS to maintain a long-term cooperation with NAFMII so as to jointly contribute to the development of China’s financial markets.

Secretary-General Shi Wenchao talks with Professor Yu Yongding and his research group