Organization

Honor Chairs

ZHOU Xiao ( China Securities Regulatory Commission)

ZHAO Chunjun ( TsinghuaUniversity )

C0-Chairs

WANG Jiang ( Massachusetts Institute of Technology)

SONG Fengming ( TsinghuaUniversity)

(Alphabetical List)

Advisory Committee

HUANG Da RenminUniversity of China

LI Jiange State Economic Restructuring Office of State Council

LOU Jiwei Minister of Finance of the P.R. China

WANG Yi China Development Bank

Wu Jinglian DevelopmentResearchCenter of the State Council of P.R. China

ZHAO Chunjun TsinghuaUniversity

ZHOU Xiaochuan China Securities Regulatory Commission

Organizing Committee

CHEN Zhiwu YaleUniversity

GAO Bin University of North Carolina

HUANG Haizhou International Monetary Fund

LIAO Li TsinghuaUniversity

SONG Fengming TsinghuaUniversity

WANG Jiang Massachusetts Institute of Technology

WANG Tan University of British Columbia

ZHANG Chun University of Minnesota

ZHOU Guofu WashingtonUniversity

Secretary-General

LIAO Li TsinghuaUniversity

Program

Opening Ceremony for ChinaCenter for Financial Research, TsinghuaUniversity

The 2002 International Finance Conference---Financial Industry Forum

Time: Wednesday, July 3

Location: Conference Hall ( Grand Ballroom )

08:30--09:30 Opening Ceremony for ChinaCenter for Financial Research, TsinghuaUniversity

09:30—09:45 Coffee Break

09:45—11:15 Financial Industry Forum—Speeches by International Financial Practitioners

Chair: WANG Jiang

Professor of Finance, MITSloanSchool; Special-term professor of Schoolof Economics and Management, TsinghuaUniversity

Keynote Speaker: LI Xiaoxue

Director-general, department of intermediary supervision, China Securities Regulatory Commission

Topic: Challenges and Perspectives on Chinese Security industry

Keynote Speaker: JIANG Yang

General Manager of Shanghai Futures Exchange

Topic: Functions of Derivatives in Capital Market

Keynote Speaker: HUANG Chi-fu

CEO and Principal, Oak hill Platinum Partners, Former Principal and Asia Co-Head of Long Term Capital Management L.P.

Topic: Market Neutral Hedge Fund Strategies

11:15—11:30 Coffee Break

11:30—12:30 Financial Industry Forum—Speeches by International Financial Practitioners

Chair: SONG Fengming

Professor of Finance, TsinghuaUniversity; Head of Department of Finance

Keynote Speaker: Mathew LI

Head of Convertible Arbitrage Group, Toronto Dominion Bank

Topic: Current Issues in the U.S Financial Market

Keynote Speaker: LIU Erh-fei

Chairman of Merrill Lynch China and Head of Technology Group Asia Pacific Region

Topic: Macro&Micro Contradictions of Investment Environment in China

12:30—13:15 Lunch ( ShangPalace )

13:30—15:30 Financial Practice Forum—Competition and Challenges for the Chinese Investment Banking Industry

Chair: CHEN Zhiwu

Professor of finance, YaleUniversity; Special-term professor of School of Economics and Management, Tsinghua Universtiy

Guest Speakers: (Alphabetical List)

DA Xinya Vice President of CITIC Securities Co., Ltd

FANG Fenglei Executive Director of ICEA Finance Holding Limited

FANG Xinghai Deputy CEO of Shanghai Stock Exchange

HU Zuliu Managing Director of Goldman Sachs ( Asia ), LIC

SHENG Xitai Executive Deputy CEO of United Securities Co., Ltd

XIE Chaobin Vice President of China Securities Co., Ltd

XIE Zhichun President of Everbright Securities Co., Ltd

15:30—15:45 Coffee Break

15:45—17:45 Financial Practice Forum—Current Situation and Futures of Fund Management in China

Chair: QI Bin

Deputy Director of Department of fund supervision China Securities Regulatory Commission

Guest Speakers: (Alphabetical List)

SHANG Jian Vice President of Huaan Fund Management Co., Ltd

Christina Sung Marketing Director of Mutual Fund, Jaring Fleming (Great China)

TIAN Rencan President of Fortis Investment Management Asia Limited (FIM Asia)

XU Xiaosong Chief Economist and Vice President of China Southern Fund Management Co., Ltd

YE Junying Vice President of E Fund Management Co., Ltd

YANG Guang Senior Vice President of Franklin Temple Investment Group

18:30—20:30 Banquet

Chair: LIAO Li

Associate Dean of School of Economics & Management, TsinghuaUniversity

The 2002 Chinese Finance Conference---Papers Presentation

Time: Thursday July 4, 2002

Location: Symposium A(Garden Room) Symposium B(Jasmine Room)

Symposium C(Orchid Room) Symposiium D(Chrysanthemum Room)

08: 30—10:00 Papers Presentation

Session 1 Money and Banking Symposium A

Session 2 Global Capital Market Symposium B

Session 3 Fixed Income Market Symposium C

Session 4 Law, Regulation and Financial Institution Symposium D

10:30—12:00 Papers Presentation

Session 5 Market Liquidity Symposium A

Session 6 Empirical Finance Symposium B

Session 7 Development Of Financial Market C

Session 8 Credit Market Symposium D

12:15—13:45 Keynote Speech, Lunch

Location: Grand Ballroom

Keynote Speech—Comparing China’s Financial System

Chair: ZHANG Chun

Associated Professor of Finance, University of Minnesota; Special-term Professor of School of Economics and Management, TsinghuaUniversity

Keynote speaker: Franklin Allen

Full professor of finance of WhartonSchool, University of Pennsylvania, former president of American Finance Association

Topic: Comparing China’s Financial System

14:00—16:00 Papers Presentation

Session 9 Corporate Finance Symposium A

Session 10 Financial Econometrics & Statistics Symposium B

Session 11 Equilibrium Asset Pricing Symposium C

Session 12 Portfolio Choice Symposium D

Contact

SU Yang

School of Economics & Management, TsinghuaUniversity

Beijing, China

100084

Tel: 86-10-62773180

Fax: 86-10-62773180

Email:

GAO Bin

University of North Carolina , CB#3490 McColl Building, Chapel Hill, NC 27599, USA

Email: