The 13^th Annual Global Conference of the International Finance Forum opened in Shanghai on the 1^st and issued the F20 Initiative

At present, global development has entered a critical tipping point, rethinking and reconstructing the foundation of human social values, and actively leading the promotion of financial return to the essence: serving the real economy, reconstructing and improving the basic economic system, and promoting global economic recovery and overall sustainable development. Become a top priority.

The International Finance Forum (IFF) is a non-profit, unofficial independent international organization headquartered in Beijing. In October 2003, it was a global financial leader from more than 20 countries and regions including China, the United States, the European Union, the United Nations and relevant international organizations. Established jointly by policy makers and authoritative experts and scholars, it is a high-level permanent dialogue, exchange and research network in the global financial sector. Its purpose is to maintain and improve the international financial order and promote the inclusive and comprehensive sustainable development of the world economy by building multilateral, equal, pragmatic and constructive unofficial high-level dialogues and cooperation. The Forum is committed to becoming an independent, transparent and unofficial platform for international financial public diplomacy and strategic think tanks.
 

Build a F20 global network. Reorganize the International Council of Finance (IFF) Global Council and implementing agencies, with G20 countries and regions as the core, unite emerging economies and countries along the Belt and Road, establish a global open network, and build IFF into a global financial F20.

Reinventing the essence of finance. Play the role of F20 global network platform, actively lead the promotion of financial return to the essence, serve the real economy, promote the improvement of the basic economic system, and promote global economic recovery and comprehensive and sustainable development. Give full play to the blood function of financial instruments, and effectively promote the comprehensive and healthy development of the basic economy and social civilization to return to the essence of finance.
 

Encourage and promote new impetus for global governance. Including through the F20 dialogue, promote the role of G20 as the main forum of the international economy, strengthen macroeconomic policy cooperation, reinvigorate international trade and investment, accelerate the reform of the international financial system, strengthen the world financial order, global financial governance structure, financial stability, finance and Research on peaceful relations.

He has extensively carried out national and regional financial cooperation dialogues. The International Finance Forum (IFF) is used as a platform to hold regular F20 summits, national and regional financial cooperation conferences, share the development concepts and experiences of member states, conduct in-depth discussions on G20 countries and related international development issues, and promote the progress and implementation of the G20 summit results. Measures to strive to make the F20 a powerful complement to the G20 and become an integrated platform for dialogue, exchange and cooperation in the fields of international economics, finance, and public relations.

playing the role of China and emerging economies. Promote national and regional stability and cooperation dialogue and promote economic and financial coordination among major countries by playing the role of China and emerging economies. Including the F20 to strengthen research on the new dynamics and new challenges of the G20, promote supply-side structural reforms, adjust the economic structure, achieve optimal allocation of factors, enhance the quality and quantity of economic growth, and stimulate the vitality and potential of emerging economies. Actively support Chinese enterprises to go global, export foreign capital technology production capacity to developing countries through foreign direct investment, and achieve mutual benefit and win-win results.
 

Land and promote the establishment of a global green financial system. Actively promote governments around the world to include green finance in national development strategies, promote comprehensive and sustainable development and green growth, improve green financial laws and regulations, effectively promote the transformation of investment structure and economic structure into green, and establish a guarantee mechanism for green projects. Financial instruments develop green financial markets and encourage private capital investment.

We will actively promote the development of inclusive finance. Strengthen support for the internationalization of SMEs, global cooperation and financing development, and promote balanced economic and social development. Actively promote countries to enhance social welfare, enhance social security, help the poor and protect vulnerable groups, and provide the general public with better, more convenient and safer financial services. Promote world peace, social stability and improve people's livelihood.

Financial innovation should promote growth. The core of financial innovation is to use the advantages of science and technology to more effectively play the basic functions and attributes of finance, and to promote the development of the real economy. Strengthen the governance of digital economy and digital financial services, strengthen the monitoring of potential benefits and risks of e-commerce innovation, strengthen the promotion and inclusiveness of the digital revolution and blockchain technology, and establish a fair and effective regulatory mechanism and framework.

Actively support the Silk Road initiative and action. Through the creation of the Silk Road International Alliance and Summit, the international community, the global market and private capital will be involved in the development of the Belt and Road, to stimulate the new driving force of the Silk Road; promote regional cooperation, build a win-win and win-win situation, and build a community of interests, Promote peace, inclusiveness and sustainable development in the world.

Pick up and create the International Finance Forum (IFF) Research Institute. Give full play to the IFF international academic network mechanism, extensively carry out international academic cooperation, promote in-depth research on major international financial issues among various countries and regions, explore and propose proposals for promoting cooperation, promote reform and improvement of the global financial system, and promote international Diversify the currency and establish a fair, equitable and inclusive international financial system. Provide guided, forward-looking, high-quality academic research reports.

Pick up and create the International Finance Forum (IFF) Academy. To create a comprehensive, interdisciplinary educational institution with international influence, which combines the training of financial talents and innovation. We will focus on cultivating high-end composite financial talents with innovative spirit, mastering new knowledge, new skills, and adapting to international competition needs, and fostering global new capital leaders with rich practical experience and high-tech strategic vision. Strengthen global exchanges, cooperation and development in the field of international finance, and build a platform for international financial education highland and advanced financial talents in the world.

We believe that by co-constructing the International Financial Forum (IFF) F20 global network, we will actively guide the return of finance to the essence, serve the real economy, reconstruct and improve the basic economic system, and promote global economic recovery and comprehensive and sustainable development.

F20 Initiative: Restore the Essence of Finance

At present, global development has entereda critical stage. One of the pressing issues is to review and rebuild the basis of the value of human society, restore the essence of finance, which isto serve the real economy, reshape and improve the basic economic system, and ultimately boost economic recovery and the comprehensive and sustainable development of the world.

The International Finance Forum (IFF) is an independent, non-profit and non-governmental international organization. In October2003,it was founded in Beijing under the initiation of a substantial numberof global financial leaders, policy makers, leading scholars and experts from over 20 states and regions includingChina, the U.S. and the EU, and international organizations such as the UN. The IFF is a longstanding high-level dialogue platform and a communication and research network in the financial realm. It aims to safeguardand improve the international financial order through non-governmental high-level dialoguesfeaturing multilateral, equal, practical and constructive cooperation so as to enhance world economic inclusiveness and comprehensive and sustainable development. The IFF is committed to developing into an independent, transparent and non-governmental think tank that focuses on international financial public diplomacy and strategies.