(Department of Scientific Research, Academy of Social Sciences, Sheng Wang, Wen Chen, Yaqun Huang) On the evening of May 27th, a major project of National Social Science Fund "Research on Deepening Financial System Reform and Promoting National Innovation Capacity Building", with Professor Mingshan Zhou from School of Finance as the chief expert (approval number: 22&ZD116) The opening report was successfully held in the East Lake Conference Hall of Golden Valley International Hotel.

Figure 1 Site of the opening report

Professor Jinyan Hu, Secretary of the Party Committee of Qingdao University, was invited to serve as the group leader of the opening report meeting. Jin Peng, Member of the Party Committee and Vice President of Hubei Branch of China Construction Bank, Professor Wenfeng Wu, Director of Liberal Arts Division of Shanghai Jiao Tong University, Professor Xiong Xiong, Deputy Director of School of Management and Economics of Tianjin University, Professor Zihui Yang, Business School of Southern University of Science and Technology, Professor Honghai Yu, Dean of School of Engineering Management of Nanjing University, Professor Xiaoneng Zhu, Director of Academic Affairs Office of Shanghai University of Finance and Economics, School of Finance and Credit Risk of our University Professor Qinghua Song, Director of the Management Teaching and Research Center, and Professor Minggui Yu, Dean of the School of Finance, were invited to be members of the expert group. Professor Jinlin Zhang, Minister of the Department of Scientific Research, attended the meeting and delivered a speech. Also attending the meeting were Mr. Xianming Sun, Associate professor of the School of Finance, Executive Deputy director of the Innovation and Introduction Base of Digital Technology and Modern Finance, Mr. Sheng Wang of the Project Section of the Department of Scientific Research, and Mr. Yingcai Huang and Ms. Linlin Fan, doctoral representatives of the research group, etc.

FIG. 2 Speech by Professor Jinlin Zhang from the Department of Scientific Research

During the conference speech, Professor Jinlin Zhang, on behalf of the university, expressed his sincere welcome and thanks to all the well-known experts and scholars present at the conference, and his sincere congratulations to Professor Mingshan Zhou for being approved as a major project of the National Social Science Fund. He also said that the Science Research Department of the University would actively cooperate with Professor Mingshan Zhou 's team to provide all-round support for the research work and guarantee the smooth implementation of major projects.

FIG. 3 Professor Jinyan Hu, Party Secretary of Qingdao University, presided over the report and comment session

The report and comment session of the meeting was presided over by Professor Jinyan Hu, the group leader and Party secretary of Qingdao University.

FIG. 4 Professor Mingshan Zhou, the chief expert of the project, makes an opening report

Professor Mingshan Zhou, the chief expert of the project, gave a detailed report from the aspects of research motivation and problems, research ideas and framework, research focus and difficulties, research expected goals and contributions. He pointed out that the reform of economic development model requires matching financial system reform, and to promote the building of national innovation capacity requires the "two-wheel drive" of scientific and technological progress and financial system reform. Starting from the multi-level and multi-subject of national innovation and following the basic logical relationship of "building theoretical framework -- analysis of current situation -- breakthrough of subsystem innovation ability (industrial enterprise level, national system level) -- policy suggestions", this paper studies how the financial system reform and different types of technological innovation and different technological innovation subjects are synergically coupled from the perspective of financial system reform. Systematically exploring financial system reform to promote our national innovation capacity construction theoretical analysis frame, realistic basis and reform ideas and direction. The research group innovatively constructed a theoretical framework for the synergistic coupling of financial development and national innovation, and explored the internal mechanism of the gradual "efficiency-oriented" financial system reform restricting the construction of national innovation capacity. Based on Chinese innovation practice, the paper innovatively puts forward the mechanism of financial system reform to promote the innovation ability of enterprises in differentiated strategic industries. At the same time, combined with the actual conditions of our country, the expansion of the financial system reform to promote the national innovation system construction of the focus and its mechanism.

Figure 5 Comments of experts attending the meeting

After hearing the report, the participating experts made detailed comments on the project research situation in turn, and gave professional opinions and suggestions. Vice President Jin Peng combined with the bank credit and financial development practice, through the analysis of a number of actual cases, pointed out that the subject research should stand in the new starting point of economic growth transition, focusing on the emphasis on practice. Professor Song Qinghua highly praised the preliminary preparation work of the research group, and said that the research of this subject has expanded the theoretical basis of financial system reform to promote the construction of national innovation capacity, and enriched the theoretical content of national innovation capacity construction. Professor Wu Wenfeng pointed out that a sound and active capital market plays an important role in the release of enterprise innovation vitality. Professor Xiong suggested that the research team strengthen case studies and international comparisons to effectively illustrate the necessity and importance of financial input with direct experience. At the same time, clarify the role of the basic financial market, such as the impact of financial valuation on enterprise innovation. Professor Yang Zihui pointed out that the subject is very important and has practical significance. It is necessary to accurately grasp the measurement standard of national innovation ability. Professor Yu Honghai pointed out that the enterprise is the key to the construction of national innovation ability, and the foothold is to promote the enterprise scientific and technological innovation. How to break the problem and land the finance of scientific and technological innovation needs to be combined with specific events and specific scenes. Professor Yu Minggui pointed out that the project design is very comprehensive, the national innovation capacity construction, the lack of original innovation, it is worth digging. Professor Zhu Xiaoneng pointed out that from the perspective of the government, the new nationwide system needs to deal with how to use financial solutions to solve the problem of incentive mechanism; Multi-level capital markets need more precise classification to allow funds with different risk tolerances to enter their respective channels. Professor Hu Jinyan pointed out that subject research is close to the national strategic needs, and more research results with the value of policy suggestions should be produced for national reference. Clarify the history, mechanism, theory and logic of scientific and technological innovation, and further study what needs to be done to build national innovation capacity, what specific financial channels and methods are, and what are the weaknesses, so as to form a solution path for how the financial system, mechanism and constraints support scientific and technological innovation and inclusive finance.

Figure 6 Comments of experts attending the meeting

After deliberation by the expert group, the consensus is that this topic is of great practical significance, with sufficient preparation, careful research thinking, systematic research design, reasonable overall research framework, scientific content design, feasible research plan and task division, and forward-looking and innovative research program. The research group is actively exploring the relevance and coupling between financial system reform and national innovation capacity building, providing theoretical support for deepening financial system reform and promoting national innovation capacity building, which is in line with the overall requirements of major projects of national Social Science Fund. It is hoped that the research group will further clarify its thinking, focus on its focus, highlight its practice, give full play to its advantages, produce high-level research results, and make an active contribution to China's innovative capacity construction. I wish the research group a successful completion of its research task.

Professor Mingshan Zhou expressed his sincere thanks to the expert group for their pertinent and constructive comments and suggestions, and said that the research group would carefully summarize and digest the comments and suggestions of the experts one by one, further clarify the thinking, improve the research framework, and strive to produce original and landmark achievements, so as to contribute to the construction of national innovation capacity.

With the strong support of the university, the college and the expert group, the opening report of the major project of the National Social Science Fund, "Research on Deepening Financial System Reform and Promoting National Innovation Capacity Building", was held smoothly, marking the official launch of the research work of the project.