In response to the call of the Fifth Central Financial Work Conference, Nankai University Institute of Finance and Development actively carried out research on the financial system of sustainable development and developed relevant theories on the finance services real economy.

From July 18 to July 19, the 2017 International Symposium on the Study of China's Financial System under Sustainable Development, sponsored by Nankai University Institute of Finance and Development, was held at the liberal arts innovation building of Nankai University.Professor Christine Oughton, Dean of the SOAS School of Finance and Management, University of London, Academician of the British academy of social sciences,Professor Sun Lai Xiang of the University of Massachusetts, Academician of the British academy of sciences,Professor Victor Murinde of the University of Birmingham for Development Finance, former Research Director of the African Development Bank,Professor Gerhard Kling, dean of the SOAS finance department of University of London, Dr. Ulrich Volz, dean of the SOAS economics department of University of London, and Dr. Vanesa pesquee-cela, a researcher at Stockholm school of economics,made a special trip to China to attend this seminar.Ms. Wang lili,former vice President of industrial and commercial bank of China, adjunct professor at nankai university,Chen Zongsheng, former deputy secretary general of Tianjin Municipal Government, professor of Nankai University, Lin Runhui, associate dean of Nankai University Business School, Li Yuelei,associate professor of Tianjin University, and other relevant experts and scholars attended the speeches respectively.

Experts and scholars from both China and Britain gathered in Nankai University to discuss China's financial system under sustainable development. Two days of the International Symposium on Research on China's Financial System under Sustainable Developmentdivided into three parts: ESRC-NSFC Seminar, Forum on Financial Development and chinese system, and “Comparative Seminar on China-British Financial System,”the conference was presided over by professor Tian lihui of the Institute of Finance and Development,teachers and students, relevant researchers and industry professionals attended the conference. The leaders of People's Bank of China, China Banking Regulatory Commission and China Development Bank also planned to attend the meeting and expressed their concern and support for the seminar.

At the ESRC-NSFC seminar, Professor Gerhard Kling, dean of the SOAS finance department of University of London, and Professor Tian Lihui of Nankai University Institute of Finance and Development,framed the concrete framework for the China-British financial system research project,reported and discussed the progress, objectives and difficulties of the project, literature review and analysis, existing data and data collection, and academic paper plan respectively.The participants made positive speeches and initially formed a consensus on how to study the issue of a sustainable financial system.

At the forum of Financial Development and China's System, Professor Chen Zongshen delivered a report titled Enhancing Financial Supervision and Innovations in China's Underlying Financial Market System; Professor Victor Murinde delivered a report titled Financial Development, Financial Innovations and Sustainable Economic Growth ;Professor Ulrich Volz reported on the study of Effects of Financial System Size and Structure on the Real Economy; Professor Sun Lai-Xiang discussed the research of his Institutional Constraints and Firm Performance; Professor Gerhard Kling gave a lecture entitled Understanding Financial Constraints and Some Issues of Corporate Finance; Professor Christine Oughton reports on Diversity in Financial Services in China; Associate Professor Li Yuelei reports on Financial Innovations and P2P Lending; Dr. He Feng reported on the Nankai team's Regulation Change and Price Discovery research. Under the review and presided over by Tian Lihui, participating teachers and students conducted a heated discussion in depth.

The conference was jointly funded by National Natural Science Foundation of China（NSFC）and British Economic and Social Research Council (ESRC). According to the bilateral cooperation agreement between the National Natural Science Foundation of China and the British Economic and Social Research Council, from 2017 to 2019, the two sides jointly funded 9 China-British research projects to promote exchanges and cooperation between scientists from both countries. The Nankai University Institute of Finance and Development, together with the Institute of Oriental and African Studies at the University of London, UK, has applied for entitled Research on China's Financial System under Sustainable Growth Goals and received funding.

Professor Wang Lili introduced the achievements and problems of China's current green finance practice at the Comparative Seminar on China-British Financial System; Professor Victor Murinde introduced the current situation of inclusive finance in various parts of the world, especially the practice of African Development Bank; Professor Christine Oughton discussed The shadow banking and financial flexibility; Professor Lin Runhui introduced the history and problems of China's corporate governance system; Professor Gerhard Kling reported his research on how to reduce financing costs. In concluding remarks, professor tian lihui pointed out that comparing and drawing on the British financial system is conducive to the implementation of the spirit of the Fifth Central Financial Work Conference in our country. To discuss how to construct China's financial system, we need to combine the international mainstream financial theory with China's concrete practice to develop China's financial theory that suits our national conditions,and to reconstruct China's financial system under the goal of sustainable development, optimize the allocation of capital resources and effectively serve the real economy , and strive to realize the Chinese dream.