On October 28th, the "Marine Economy" 10th Anniversary Academic Forum, sponsored by the National Marine Data Information Center and undertaken by Nankai University School of Finance, the "Marine Economy" Editorial Office, and the Marine Economy Branch of the Pacific Society of China (PSC), was held in Tianjin. Scholars and guests conducted in-depth discussions on the theme of "Promoting the development of the marine economy and building the first-class academic journal".

The Vice-chancellor of Nankai University, Wang Xinsheng, delivered a speech in the meeting. More than a hundred scholars attended the meeting. They were from the Ministry of Natural Resources of the People’s Republic of China, the National Development and Reform Commission, the National Marine Data Information Center, the State Oceanic Administration relevant units, Tianjin Municipal Bureau of Planning and Natural Resources, Tianjin Financial Work Bureau, the Department of Natural Resources from various provinces and cities and the Development Research Center of The State Council Department of Financial Research , the Chinese Academy of Social Sciences(CASS), Tsinghua University, Nankai University, Tianjin University, Sun Yat-Sen University, Beijing Normal University, Ocean University of China, Dalian Maritime University, and Tianjin University of Finance and Economics .

Wang Xinsheng in his speech quoted the addresses of Xi Jinping , general secretary of the CPC Central Committee . General Secretary Xi Jinping emphasized that “the development of marine economy is an important support for building a maritime power”. At the same time, the general secretary indicated that we should “write papers on the motherland” and “run first-class academic journals and various academic platforms and strengthen domestic and international academic communication.” Therefore, Wang Xinsheng pointed out that the periodical "Marine Economy" , as an important topic for discussion , took on a dual mission. He indicated that only with a profound understanding of the spirit of the central committee of the communist of China and the state's relevant instructions, can we better publish the "Marine Economy" periodical with era significance. Wang Xinsheng put forward the expectations that the guests would exchange views and ideas and provide more scientific ideas for the high-quality development of our country's marine economy.

Zhou Qiulin, researcher from the Ministry of Natural Resources ,Duan Wenbin, professor from Nankai University , Zhao Xin, professor from Ocean University of China, Zhang Chenghui,  researcher from the Development Research Center of The State Council Department of Financial Research , Tang Ke, professor from Tsinghua University , Luan Weixin, professor from Dalian Maritime University, and Duan Xiaofeng, researcher from the National Oceanic Information Center Marine economy, reported respectively on the topic of international marine economic , current economic situation, financial support for marine economy and marine disaster management, marine finance and high-quality development, ownership and transaction of data elements, land-sea strategy for building a maritime power, and the momentous development direction of country’s marine economy during the Fourteenth Five-Year Plan . Professor Liu Lanbiao from School of Finance of Nankai University presided over the keynote speech part.

In the afternoon, two sub-forums, "Academic Journals" and "Green Finance Special Session" were held in the forms of keynote reports and roundtable discussions respectively.

The deputy director general of the Tianjin Financial Work Bureau, Wu Yue, introduced the policy design of green financial system development and practical progress both in the whole country and in Tianjin. Ba Jinsong, deputy general manager of the Supply Chain Business Department of China Minsheng Banking Corp.,Ltd.(CMBC), systematically introduced the support system of regulations for the development of our country's green financial system . And then he put forward the current strategy and advice about how to accelerate the promotion of green financial system from both macro and micro aspects, combined with the history and latest progress of our country's green financial system, and the innovative practices of green finance in banking industry.  

Fan Xiaoyun, professor from School of Finance of Nankai University, started the discussion from our country’s carbon-neutral “1+N” supporting policies, and proposed that our country’s construction of green financial system shouldn’t ignore the structural basics of the existing financial system, and should balance the development of indirect and direct green financing. She also suggested making full use of the across time and space allocation function of finance, to alleviate the double mismatch problem of green investment. Professor Wang Bo from School of Finance of Nankai University hosted the meeting.

Duan Xiaofeng, Director of the Economic Office of National Marine Center, started with the financing principles of the sustainable blue economy published by the World Bank and the European Union, and introduced in detail the advanced international experience and current difficulties in the development of blue finance. Xiao Lisheng, director of the Macro Office of the Institute of World Economics and Politics, Chinese Academy of Social Sciences, discussed the development problem about how social capital participates in green investment based on the ESG perspective. 

Zhang Yongjie, professor in the Department of Management and Economics of Tianjin University, explained the connotation of sustainable and high-quality development, and proposed the unique thinking about the construction of our country's green financial system. The discussion was from the perspective of the reform of valuation concepts and method innovations driven by the green technological revolution, and the linkages within the green financial system.  

Li Xiangqian, Dean of the School of Finance of Tianjin University of Finance and Economics emphasized the importance of energy finance. Based on the sustainable development perspective of green finance, he discussed the identification mechanism, incentive mechanism and restraint mechanism of "green" . He also mentioned that there was a series of problems that needed to be resolved urgently when it comes to the risk evaluation of green credit in commercial banks system. A professor from School of Finance of Nankai University, Qin Jiaqi, believes that the construction and development of the green financial system should pay full attention to the innovation. The development of green finance can’t leave the green equity. But it is relatively weak and should be strengthened through institutional innovation.

In the concluding speech, Professor Liu Lanbiao pointed out that the development of blue finance and green finance both has important strategic significance. It is an important part of the high-quality development of our country's economy and the strategic restructuring of the geographical pattern. We should pay attention to the in-depth economic logic behind the problems faced by the development of green finance. It is recommended that all parties should strengthen cooperation in research and talent training related to green finance. The roundtable forum was presided over by Professor Li Zeguang of the School of Finance of Nankai University.

Copywriting: Li Zeguang, Wang Bo

Edit: New Media Center of School of Finance Chen Wenxi, Wang she, Song Zirui  

Audit: Hao Ren