The 325th Wenlan Financial Forum

Abstract:

In October 2023, President Xi Jinping proposed the goal of building China into a financial powerhouse. This has spurred discussions on the advanced financial talent and globally competitive banking system essential for achieving this vision. Establishing a robust evaluation framework for China’s banking sector and cultivating high-level financial professionals are critical priorities. A well-designed banking evaluation system can foster healthy competition among banks, uncover financial risks in a timely manner, and enhance the efficiency of financial regulation. However, China’s current banking evaluation framework suffers from incomplete assessment dimensions, insufficient information transparency, and a lack of market-driven evaluation systems that reflect the sector’s medium- to long-term competitiveness. Additionally, there is a shortage of advanced financial talent. To address these challenges, urgent measures include promoting diversified development of banking evaluation systems, improving transparency, establishing mechanisms for orderly exit of troubled banks, integrating evaluation systems with financial supervision, and nurturing a large pool of senior financial management professionals.

Speaker Introduction：

Daye Huang is currently the Co-Director of the China Banking Research Center at Zhejiang University and the Honorary Director of the Financial Research Center at National Taiwan University (NTU). Since 1991, he has served as a professor in the Department of Finance at NTU, where he previously held roles as Department Chair and Director of the NTU Financial Research Center. He has also been a lecturer at Rutgers University in the U.S., the Director of the Advanced Financial Management Committee at Peking University, a Distinguished Professor at Renmin University, a Visiting Fellow at the Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University, and an Expert Advisor at Tsinghua University’s Global Capital Market Institute.

Professor Huang earned his undergraduate degree in Finance from National Chengchi University, followed by a Master’s in Economics from NTU. He holds dual doctoral degrees in Finance: a Ph.D. from Northwestern University’s Kellogg School of Management and a Ph.D. in Finance from New York University’s Stern School of Business, where he also earned a Master of Science. He further completed a Master’s and Ph.D. in Finance from Rutgers University. After his tenure as NTU’s Department Chair, he pursued additional graduate studies, including a Master’s in Political Science from NTU, a Ph.D. in Journalism and Communication from Peking University, and a Ph.D. in Law from Tsinghua University. His seminal work focuses on financial regulatory policies and bank management, with research published in top-tier journals such as the Journal of Banking and Finance.

Since 1999, Professor Huang has led NTU’s banking evaluation team in assessing and publicly ranking the operational performance of listed banks in Taiwan. His research has significantly contributed to improving the operational health and competitiveness of Taiwan’s banking sector over the past two decades. Since 2008, he has organized over a dozen Cross-Strait Financial Academic Seminars (CSBF), fostering academic and industry exchanges between Mainland China and Taiwan.Since 1999, Professor Huang has led NTU’s banking evaluation team in assessing and publicly ranking the operational performance of listed banks in Taiwan. His research has significantly contributed to improving the operational health and competitiveness of Taiwan’s banking sector over the past two decades. Since 2008, he has organized over a dozen Cross-Strait Financial Academic Seminars (CSBF), fostering academic and industry exchanges between Mainland China and Taiwan.