Jiaqing Wu, MSCI Managing Director and Head of Greater China Client Coverage, participated in the parallel symposium on "Impact Investing in the Capital Market".

The annual average affected area due to weather hazards accounted for 16.5% in China during the five-year period of 2014 to 2018. Flood, drought, hail and freezing disasters were the most common hazards; In 2018, the total loss caused by meteorological disasters in 28 provinces (autonomous regions and municipalities) exceeded 74 billion yuan.

This joint initiative aims to provide actionable insights about the financial lives of low-income households in China's urban and rural areas to encourage financial service providers to further deepen financial inclusion.

In the keynote session under the theme of "Impact Measurement and Management", Professor Tzu Kuan CHIU (Professor of Finance at Shanghai Advanced Institute of Finance (SAIF), Shanghai Jiaotong University,Academic Director of Sustainable Finance Discipline Development Fund at SAIF) delivered a speech.

Guangshao Tu, Co-chair of IFCII and Executive Director of SAIF Board delivered a speech "Improving three guidance mechanisms for socially responsible investment (SRI)".

Xiaochuan Zhou, President of China Society for Finance and Banking and former Governor of the People's Bank of China delivered a speech "Technology Development and Inclusive Finance Technology Pathway".

Themed as "New Development with Sustainability", the 2021 International Forum for China Impact Investment (IFCII) was held in Shanghai on July 16.

The International Forum for China Impact Investment (IFCII) takes "new development and sustainability" as the theme, focusing on how to promote the development and progress of socially responsible investment in China.

In recent years, the research on the application of blockchain or distributed ledger technology (DLT) has made some progress and become a focus of attention of governments over the world.