Co-CEO of Sino-German Center Visit IMI

2015-11-13 IMI

On November 13, Dr. Ruediger von Rosen, co-CEO of Sino-German Center of Finance and Economics (SGC), visited the International Monetary Institute (IMI). Wei Benhua, a member of the academic committee of IMI and the former deputy Administrator-in-Bureau of the State Administration of Foreign Exchange; Tu Yonghong, deputy director of IMI, professor of the School of Finance of RUC; and Qi Lan, the project director of SGC and deputy director of Sino-German Financial Reform Program, GIZ, attended the meeting. They decided to carry out in collaboration the research on the development of the RMB offshore market in Frankfurt and the German’s experience of the risk management on the convertibility of Deutsche Mark. They also planned to organize a study tour to Frankfurt for in-depth research in May of 2016. SGC was established jointly by GIZ, Goethe University Frankfurt, the Economics Department of State of Hessen and Bank of China in the context of increasingly frequent Sino-German finance and economics exchange, especially during the process of Frankfurt’s striving for becoming the RMB offshore center. Pan Gongsheng, deputy governor of PBoC, and Joachim Nagel, member of the Board of Deutsche Bundesbank, will take the post of co-chairs of the board of trustees and jointly supervise SGC. PBoC recommended IMI as the Chinese academic partner of SGC. The establishment of SGC will stimulate the Sino-German communication in the fields of finance and economics and deepen the Sino-German relationship.

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Co-CEO of Sino-German Center Visit IMI

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