Priyanka Pandit: BRICS, A New Trend in Multilateralism?(4)

Zhou Qiangwu gave several piece of suggestions on the future development and cooperation of the BRICS, including strengthening the development confidence, deepening the financial cooperation, and promoting the think tanks cooperation of BRICS countries.

Wang Wen, Executive Dean of RDCY, presides over the symposium.

Wang Wen briefed the elaborate arrangement of the symposium to the media. He said that after the opening ceremony, the symposium set up three close-door panels on the theme of “Global Economic Governance and Role of BRICS”, “BRICS’ Financial Cooperation: Process Assessment and Future Prospective”, and “BRICS’ Financial Cooperation and China”, aiming to reach the consensus on the BRICS cooperation against the backdrop of the “Belt and Road”.

The symposium was considered as the warm-up event of the 9th BRICS Summit, which will be held in Xiamen in southeast China’s Fujian Province from September 3rd to 5th.

　　Chongyang Institute for Financial Studies at Renmin University of China (RDCY) was established on January 19th, 2013. It is the main program supported by an education fund with the 200 million RMB donation from Mr Qiu Guogen, an alumni of Renmin University of China, and now Chairman of Shanghai Chongyang Investment Group Co., Ltd.

　　RDCY is a new style think tank with Chinese characteristics. We have hired 96 former politicians, bankers, and preeminent scholars as senior fellows. We also maintain cooperation with think tanks from over 30 countries.

　　At present, RDCY has been designated as the joint coordinating think tank by the Chinese government for the T20 2016 Summit, the secretariat of Green Finance Committee (GFC) of China Society of Finance and Banking, the executive director of the Chinese Think Tank Cooperation Alliance for the “Belt and Road”, and the leading think tank to jointly build “Belt and Road” through the cooperation of the official and academic organizations between China and Iran. Since 2014, RDCY has been thrice ranked among the "150 top think tanks in the world" in the most internationally-recognized Global Go To Think Tank Index Report, which were launched by the University of Pennsylvania, and only seven Chinese think tanks were selected continuously in the past three years.

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