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Seminar on Currency and Bank Management in Latin America, the Caribbean and the South Pacific Region Kicked Off Smoothly

      In the morning of November 10 (Beijing time), the online opening ceremony was launched for the ‘Seminar on currency and bank management in Latin America, the Caribbean and the South Pacific Region’ sponsored by the Ministry of Commerce and undertaken by MOFCOM Training Base for International Business Officials (Shanghai)(hereinafter referred to “Shanghai Training Base”). Liu Beimin, consultant of the Division of Foreign Economic Cooperation of Shanghai Municipal Commission of Commerce, and Chen Wei, Vice President of SBS College of International Education, attended the opening ceremony and delivered speeches.

      On behalf of the Shanghai Municipal Commission of Commerce, Liu Beimin extended warm congratulations on the opening of this seminar. She said that economic and trade investment was inseparable from the support of financial services. As an important part of finance, national currency and bank management functioned as the direct and effective channel to regulate and stabilize the national economy. With the continuous progress of science and technology and the sustainable development of economic globalization, active and stable monetary policy and modern bank management were important guarantees to effectively deal with the changes of the world political and economic situation and prevent and resolve financial risks. She hoped that financial institutions of various countries would participate in the construction of Shanghai international financial center, and take this seminar as a new opportunity to strengthen exchanges and contacts with China’s financial institutions and carry out in-depth practical cooperation in the financial field.

      Chen Wei said that in the new development stage of ‘domestic and international double circulation’ in the post epidemic era, changes in China’s economy and market have brought great challenges to the development of countries around the world and new development opportunities for the developing countries. Focusing on the new pattern of science, technology and finance in the era of artificial intelligence, the current situation of risk management in China’s banking industry, the internationalization of RMB, the impact of DeFi on the traditional financial ecosystem and other topics, this seminar aimed to further promote the exchange and cooperation among China, the Latin American, the Caribbean and the South Pacific countries in the field of currency and banking management, and provide them with China’s experience in currency and bank management and share China’s achievements in the field of currency and bank management.

      Carlos Martin Pirvano Andriolo, President of MPA Consulting Firm in Uruguay, spoke on behalf of the participants in the seminar. He thanked China for its preparatory work for the seminar and looked forward to acquiring China’s relevant knowledge and experience in currency and bank management from the seminar. Mr. Martin participated in the offline seminar held by our school in 2018. With the enthusiastic support and promotion of Mr. Martin, our school has established a solid relationship with Uruguay Paysandu Research Center, and has jointly held two online exchange meetings with the research center.

       The 14-day seminar was attended by 45 officials in the field of currency and bank management from 7 countries, including Costa Rica, Colombia, Ecuador, Panama, Peru, Uruguay and Venezuela.

(Contributed by College of Continuing Education)