The China Finance 40 Forum or CF40 is a Chinese

think tank A think tank, or policy institute, is a research institute that performs research and advocacy concerning topics such as social policy, political strategy, economics, military, technology, and culture. Most think tanks are non-governmental ...

created in 2008 which specializes on issues of economic and financial policy. In January 2021, the

University of Pennsylvania The University of Pennsylvania (also known as Penn or UPenn) is a private research university in Philadelphia. It is the fourth-oldest institution of higher education in the United States and is ranked among the highest-regarded universit ...

Think Tanks and Civil Societies Program The Think Tanks and Civil Societies Program (TTCSP) was a non-profit program at the University of Pennsylvania in Philadelphia, Pennsylvania, that operated from 1989 to 2021. TTCSP was originally established at the Foreign Policy Research Institu ...

ranked CF40 as #8 top think tank in China, and #31 among think tanks in China, India, Japan and the Republic of Korea.

History and development

Former China Coal Merchants' Bank Building

CF40 was created on 12 April 2008 as a club of 40 finance experts under 40 years of age, thus its name. It was founded and developed by Wang Haiming, previously a journalist and chief editor at 21st Century Business Herald.

Chen Yuan Chen Yuan (, born in January 1945) is a Chinese economist who served as the Chairman of the China Development Bank from March 1998 to April 2013. Chen Yuan then served as Vice Chairman of the National Committee of the Chinese People's Politic ...

is its founding chairman. Based in

Beijing } Beijing ( ; ; ), alternatively romanized as Peking ( ), is the capital of the People's Republic of China. It is the center of power and development of the country. Beijing is the world's most populous national capital city, with over 21 ...

, CF40 has also created the Shanghai Finance Institute (SFI) in

Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flowin ...

and the Northern Finance Institute (NFI) in

Tianjin Tianjin (; ; Mandarin: ), alternately romanized as Tientsin (), is a municipality and a coastal metropolis in Northern China on the shore of the Bohai Sea. It is one of the nine national central cities in Mainland China, with a total popu ...

, in 2011 and 2016 respectively. Wang Haiming is Executive President of both institutes. Both are located in buildings with connections to China's financial history: SFI in the former Shanghai branch of

Yien Yieh Commercial Bank Yien Yieh Commercial Bank () was a bank in Hong Kong. It was established in Beijing in 1915 by Mr. Zhang Zhenfang (), the cousin of Yuan Shikai, to support the specialized salt industry by providing official funds under government supervision. Yien ...

, and NFI in the former Tianjin branch of the Franco-Chinese Bank. CF40 organizes events and conferences, alone or in partnership with other think tanks that have included

Bruegel Brueghel or Bruegel () was the name of several Dutch/Flemish painters from the Brueghel family: * Pieter Bruegel the Elder (c. 1525–1569), the most famous member of the family and the only one to sign his paintings as "Bruegel" without the ''H'' ...

the Euro 50 Group, and the

Peterson Institute for International Economics The Peterson Institute for International Economics (PIIE), known until 2006 as the Institute for International Economics (IIE), is an American think tank based in Washington, D.C. It was founded by C. Fred Bergsten in 1981 and has been led by ...

. One of CF40's flagship events is the yearly " Bund Summit" in

, a series that started in 2019. The 2020 Bund Summit was the venue for

Jack Ma Jack Ma Yun (; born 10 September 1964) is a Chinese business magnate, investor and philanthropist. He is the co-founder and former executive chairman of Alibaba Group, a multinational technology conglomerate. In addition, he co-founded Yunfen ...

's speech on financial regulation in China which has been widely associated with the suspension of

Ant Group Ant Group ()'','' formerly known as Ant Financial, is an affiliate company of the Chinese conglomerate Alibaba Group. The group owns the world's largest mobile (digital) payment platform Alipay, which serves over 1.3 billion users and 80 millio ...

's initial public offering. CF40 publishes studies and a periodical journal, ''China Finance Review''. Its yearly "Jingshan Report" is a reference publication on China's financial system.

CF40-affiliated experts

As of early 2021, CF40 advisers include Chen Yulu,

Hu Huaibang Hu Huaibang (; born 25 September 1955) is a Chinese former banker. He was chairman of the China Development Bank, a Fortune Global 500 company. He was expelled from the Chinese Communist Party in January 2020 and sentenced to life in prison in ...

Hu Xiaolian Hu Xiaolian (; born May 1958) is a Chinese economist and the Deputy Governor of the People's Bank of China since July 2009 and the former director of the State Administration of Foreign Exchange in China. She was ranked 23rd on ''The Wall Street ...

, Huang Qifan, Jiang Chaoliang, Jiang Jianqing, Lin Yifu (Justin Lin), Qin Xiao, Wu Jinglian, , Yi Gang,

Yu Yongding Yu Yongding (余永定) is a Chinese economist, with widely recognized influence in Chinese economic policy debates. Biography and academic career Yu was born in Nanjing in November 1948 in a family with ancestry from Taishan, Guangdong. He gra ...

, and Zhu Min. Also as of early 2021, CF40's Academic Committee is chaired by and its members include Huang Yiping and Pan Gongsheng. CF40's resident Senior Fellows include Guan Tao, and its nonresident Senior Fellows include Xiao Gang, Zhang Bin, and Zhang Xiaohui.

Notes

{{China-stub Think tanks established in 2008 Political and economic think tanks based in China Research institutes in China Global economic research Organizations based in Beijing

History and development

CF40-affiliated experts

See also

Notes