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Our University Hosts Opening Ceremony of Seminar on Monetary and Banking Management for Portuguese Speaking Countries

creation date:2022-07-15

On the evening of July 13, 2022 (GMT+8), the opening Ceremony for "Seminar on Monetary and Banking Management for Portuguese Speaking Countries" hosted by Ministry of Commerce and organized by MOFCOM Training Base for International Business Officials (Shanghai) was held online. Liu Beimin, investigator of the Foreign Economics and Cooperation Division of Shanghai Municipal Commission of Commerce, Dai Ying, executive vice dean of International Education College of Shanghai Business School and Xu Ming, professor of Donghua University, attended the opening ceremony and delivered speeches.

Online opening ceremony

In April this year, the Special Ministerial Meeting of the China - Portuguese Speaking Countries Economic and Trade Cooperation Forum (Macau) was successfully held in Macau. In the six years since the Fifth Ministerial Conference of the Forum was held,the cooperation in various fields has achieved remarkable results. China's promised assistance to the Portuguese-speaking countries has been fully implemented, and the trade between China and the Portuguese-speaking countries has hit a record high, breaking the US$200 billion mark last year. China's investment in Portuguese-speaking countries and cooperation methods are increasingly diversified. By the end of 2021, the stock of various types of Chinese investments in Portuguese-speaking countries exceeded US$86 billion. In this context, this seminar is a pragmatic move to deepen exchanges, share experience sharing and seek common improvement between China and Portuguese-speaking countries in the financial field.

Liu Beimin warmly welcomed financial institutions from Portuguese-speaking countries to participate in the construction of Shanghai International Financial Center, and took this seminar as an opportunity to carry out in-depth exchanges and practical cooperation with Chinese financial institutions. She said that national currency and bank management, as an important part of finance, is an effective channel for stabilizing the national economy. Shanghai International Financial Center not only serves the economic and social development of the country, but also serves as a hub for China's financial opening to the Portuguese-speaking countries.

Speech by Liu Beimin

Dai Ying, on behalf of the project organizer, said in her speech that our university will use the successful experience accumulated in the long-term international business officer training program to organize and implement this seminar with high quality. In addition to the conferences and exchanges, this seminar will also hold a forum on Financial Development in the Post-epidemic Era: Opportunities and Challenges, striving to make participants understand the cases and experience of China's currency and bank management, so as to open upexplore new ideas and methods for participants to promote currency and bank management, and put forward suggestions in combinationaccordance with their own conditions.

Xu Ming and Dominique Eperanga from the Ministry of Foreign Affairs of Angola spoke as representatives of experts and participants respectively. They expressed their expectations for the seminar and their thanks to the organizer from their own perspectives. Xu Ming said that he hoped that the COVID-19 epidemic would end soon and he looked forward to the participants coming to China for exchanges and joint practice of the concept of building a community with a shared future for mankind. Eperanga said that for a long time, China and Portuguese-speaking countries have cooperated closely and signed a number of friendly cooperation agreements in various fields such as technology, health care, education, and national defense. Further understanding of China's currency and banking management system would be an important entry point to strengthening multilateral relations.

Speech by expert representativeSpeech by participant representative

This seminar is the first online training for officials from Portuguese-speaking countries held by the Shanghai base in 2022. It will last for 21 days and 68 government officials from the monetary and banking management departments of Mozambique, Angola, Sao Tome and Principe and other countries will participantate.

Written by: Guan Rui

Photos by: Li Zheng

Reviewed by: Chen Wei

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