On June 22, 2024, the first  "Wuhan-Xi 'an Twin  Cities Finance Forum" was successfully held in Zhongnan University of Economics and Law. The forum was jointly held by the School of Finance of Zhongnan University of Economics and Law and the Innovation and Introduction Base of Digital Technology and Modern Financial Discipline, aiming to respond to the national strategy of strengthening financial power, strengthen financial academic exchanges between Wuhan and Xi 'an, and promote the high-quality development of financial discipline in the central and western regions. Financial scholars from eight universities in Wuhan and Xi 'an gathered by Xiaonan Lake to conduct extensive and in-depth exchanges on the construction of financial disciplines and financial academic research.

At the opening ceremony, Professor Yongbin Lv, deputy dean of the School of Finance of Zhongnan University of Economics and Law and deputy director of the Innovation and Introduction Base of Digital  Technology and Modern Finance Discipline, delivered an enthusiastic  speech  on  behalf  of Wuhan  universities.  He expressed warm welcome and heartfelt thanks to the leaders, guests  and  scholars participating in the forum, and briefly introduced the development course and discipline construction of the School of Finance of Zhongnan University of Economics and Law. He stressed that finance, as a key national discipline and an important support for the construction of "double first-class", shoulders the heavy responsibility of promoting finance  into China's  first-class sequence and building a finance school with international influence. Haiyuan Yin, professor of International Business School of Shaanxi Normal University, delivered the opening speech on behalf of Xi 'an University, emphasizing the importance of strengthening academic exchanges in the construction of financial disciplines between Wuhan and Xi'an. The opening ceremony was presided  over by Professor Dongmin Kong, Deputy Dean of School of Economics, Huazhong University of Science and Technology.

Professor Dongmin Kong presided over the opening speech

Prof. Yongbin Lv delivered the opening speech

Prof. Yin Haian delivered the opening remarks

The Establishment Ceremony

The keynote speech session of the forum invited two heavyweight  guests, Professor Jin Shi from the School of Finance, Zhongnan University of Economics and Law, and Professor Fuwei Jiang from the School of Finance, Central University of Finance and Economics, to have in-depth discussions with participants, focusing on cutting-edge issues such as Fintech Lending and Debt Spiral and inflation forecasting under the economic narrative. The keynote speech session was presided over by Professor Qinghua Song, School of Finance, Zhongnan University of Economics and Law.

Professor Qinghua Song presided over the keynote speech

Professor Jin Shi delivered the keynote speech

Professor Fuwei Jiang delivered the keynote speech

The round table forum invited eight guests from Wuhan-Xi 'an Twin Cities to speak. Haiyuan Yin, International Business School of Shanxi Normal University, Bin Li, School of Economics and Management of Wuhan University, Maoyong Cheng,  School of Economics  and  Management  of Xi 'an  Jiaotong  University, Hu Wenxiu, School of Economics and Management of Xi 'an University of Technology, Dongmin Kong, School of Economics and Management of Huazhong University of Science and Technology, Hui Li, School of Economics and Management of Northwest University, Yongbin Lv, School of Finance of Zhongnan University of Economics and Law, Yuanping Lu, Vice Minister of Scientific Research Department and other guests were  present  He  delivered wonderful views on financial discipline  construction, financial talent training, financial services to society, financial culture inheritance and other aspects. This session was presided over by Professor Jinlin Zhang, School of Finance, Zhongnan University of Economics and Law.

Professor Jinlin Zhang moderated the roundtable

In addition, the forum also has four academic sub-forums. In the first sub-forum, Yong Liu, Associate Professor at the School of Economics and Management of Wuhan University, Wei Jing, Assistant Professor at the School of Economics and Finance of Xi 'an Jiaotong University, Naiqian Wu, Lecturer at the School of Economics and Business Administration of Central China Normal University, and Yang Shi, Associate Professor at the School of Economics and Management of Northwest University, respectively made a presentation entitled "Financial Fluctuations, Implicit Guarantees and Spreads of Urban Investment Bonds Issuance" and "Online Social. Connections and Analyst Forecast Accuracy""Does digital transformation help enterprises achieve common prosperity within them? Academic report on "Anomaly Research of "Holding ST Stocks" in Chinese public Funds: Theoretical Explanation and Empirical Test Based on Behavioral  Finance". Professor Dongmin Kong, School of Economics,  Huazhong University of  Science and Technology, and Professor Haiyuan Yin, International Business School, Shanxi Normal University, commented on the above paper. The first session was moderated by Xianming Sun, Associate Professor, School of Finance, Zhongnan University of Economics and Law.

Associate Professor Xianming Sun moderated Sub-forum 1

Associate Professor Yong Liu delivered a paper presentation

Assistant Professor Wei Jing gave the thesis presentation

Lecturer Naiqian Wu gave the thesis presentation

Associate Professor Yang Shi gave the thesis presentation

Professor Xian Yin commented on the paper

Professor Dongmin Kong commented on the paper

In the second sub-forum, Yunhao Dai, Associate Professor, School of Economics, Huazhong University of  Science  and  Technology; Jie Liu,  Associate   Professor, International  Business  School,  Shaanxi  Normal  University; Zhao Li, Associate Professor, School of Finance, Zhongnan University of Economics and Law; and Liang Wang, Professor, School  of  Economics and Management, Xi 'an  University  of Technology,  gave  presentations entitled "Better Late than Never: Environmental Punishments and Corporate Green Hiring "" Climate Change, Extreme Disaster Events and Production Risks of Manufacturing Firms: Based on Empirical Evidence from A- share Listed Companies" "To Adopt or Not to Adopt? Is That a Question?” "Research on Optimal Carbon Emission Reduction in the Supply Chain under the Mixed Policy of Carbon Cap and Carbon Tax" academic report. Professor Bin Li from the School of Economics and Management of Wuhan University and Professor Maoyong Cheng from the School of Economics and Finance of Xi 'an Jiaotong University commented on the above paper. The second sub-forum was moderated by Professor Ziguan Zhuang, School of Finance, Zhongnan University of Economics and Law.

Associate Professor Yunhao Dai delivered a paper presentation

Associate Professor Jie Liu gave the thesis presentation

Associate Professor Zhao Li gave the thesis presentation

Professor Bin Li commented on the paper

Professor Maoyong Cheng commented on the paper

Professor Ziguan Zhuang presided over the second sub-forum

In the third sub-forum, Xiaotuo Qiao, Lecturer, School of Finance, Zhongnan University of Economics and Law, Associate Professor  Linyang Li, School of Economics and Management, Northwest University, Professor Yuehua Zuo, School of Economics, Huazhong University of Science and Technology, and Associate Professor Zhang Jiwang, International Business School, Shaanxi Normal University respectively gave a presentation entitled "Decoding Collusion: Exploring its Dynamics and Impact in Chinese IPOs”“Culture and financial fraud victimization: "Sharing Economy and Enterprises' off-site Investment —— A Study based on Transaction cost Perspective" "Does Climate change Risk Have Stock Premium Effect —— Empirical evidence from Chinese Listed companies' Annual Report Text Mining" academic report. Professor Liu Yang from the School of Economics and Business Administration of Central China Normal University and Professor Liang Wang from the  School of Economics and Management of Xi 'an University of Technology commented on the above paper. The third sub-forum was moderated by Associate Professor Zhibin Ji, School of Finance, Zhongnan University of Economics and Law.

Lecturer Xiaotuo Qiao makes a thesis presentation

Associate Professor Linyang Li delivered the thesis presentation

Professor Yuehua Zuo gave the thesis presentation

Associate Professor Jiawang Zhang delivered the thesis presentation

Professor Liang Wang commented on the paper

Professor Liu Yang reviews the paper

In sub-forum 4, Dian Jin, Assistant Professor, School of Economics and Business Administration, Central China Normal University; Wenxiu Hu, Professor, School of Economics and Management, Xi 'an University of Technology;  Sichen Shen, Assistant Professor, School of Economics and Management, Wuhan University; and Yao Ge, Assistant Professor, School of Economics and Finance, Xi 'an Jiaotong University, respectively gave presentations entitled "China's dictatorial Environmental Regulation  and  Enterprise  Technological Innovation: 'Survival Pressure' or 'Death Threat'?"  "Research on Pricing Decisions for Data Products Considering Government Subsidies,"  "'Talk' or 'action' : The Establishment of high-tech Zones and Corporate Environmental  Responsibility Performance "Academic report on" Textual Linkage and Stock Return  Predictability: Evidence from China ". Professor Sicong Chen, School of Finance,  Zhongnan University of Economics and Law, and Associate Professor Yang Shi, School  of Economics and Management, Northwest University, commented on the above papers. The fourth sub-forum was moderated by Professor Xianping Zhou, School of Finance,  Zhongnan University of Economics and Law.

Assistant Professor Dian Jin made a thesis presentation

Yazhou Liu will do the thesis presentation

Assistant Professor Sichen Shen delivered the thesis presentation

Assistant Professor Yao Ge delivered the thesis presentation

Professor Sichong Chen commented on the paper

The successful holding of  "Wuhan-Xi 'an  Twin Cities Finance  Forum" has provided a high-quality exchange platform for financial scholars in central and western China, and it is expected to make positive contributions to promoting the academic discussion and scientific research of China's financial discipline to a higher level.