Wuxiao Qiu Leads Delegation to the U.S. for “North America MindForum 2025 Annual Conference” and Delivers Keynote Speech
From November 12 to 16, at the invitation of the North America Alumni Association of Renmin University of China (RUC), Prof. Wu Xiaoqiu, Vice President of the RUC Alumni Association, former Vice President of RUC, Dean of the National Academy of Financial Research (NAFR), and Distinguished Professor (First-Class), visited Boston and New York to attend the “North America MindForum 2025 Annual Conference.” He was accompanied by Prof. Guo Biao, Assistant to the Dean of NAFR and Professor at the School of Finance, and Liu Quan, Chairman of IBI and Council Member of the RUC North America Alumni Association.
On November 13, Prof. Wu visited senior RUC alumnus Mr. Long Shengde, Class of 1951, and his wife Ms. Quan Ruxiang in Boston. Prof. Wu conveyed warm greetings on behalf of RUC and expressed gratitude for their longstanding support for the university’s development.
Professor Wu Xiaoqiu Visits Senior RUC Alumnus Mr. Long Shengde
Prof. Wu emphasized that the world is undergoing a new technological revolution and a global economic rebalancing. He noted that Chinese and American academic communities should strengthen cooperation in addressing structural adjustments in the global economy, innovations in financial governance, and the challenges brought by technological transformation.
Engaging with RUC Alumni in New York
On November 14, the delegation traveled to New York to meet with local RUC alumni, exchanging views on global capital market trends, fintech innovation, and sustainable development.
Prof. Wu noted that China’s high-quality capital market development hinges on institutional innovation and international alignment. He stressed the need to build a globally competitive financial system by balancing openness, stability, and reform.
Delivering the Keynote Speech at the “North America MindForum 2025 Annual Meeting”
Professor Wu Xiaoqiu with Representatives of Renmin University of China Alumni
On November 15, Prof. Wu delivered a keynote speech titled “New Dynamics in the 15th Five-Year Plan Period: Opportunities and Challenges for China’s Economy, Finance, and Capital Markets in the AI Era.”
He stated that humanity is experiencing a fourth industrial revolution driven by artificial intelligence, a transformation that goes far beyond technological progress—it reshapes production relations and social structures. AI is profoundly transforming education, research, production models, entrepreneurship, and public governance.
Prof. Wu emphasized that AI will significantly enhance innovation efficiency and knowledge restructuring, becoming a key engine for China’s transition from factor-driven to innovation-driven growth.
Professor Wu Xiaoqiu Delivering the Keynote Speech at the Mingde Forum North America 2025 Annual Conference
Prof. Wu highlighted the structural changes facing China’s economy. After more than 40 years of reform and opening-up, China has shifted from a “shortage economy” to a “surplus economy.” Future growth must rely on structural optimization, demand activation, and institutional innovation rather than large-scale production expansion.
He stressed that achieving high-quality development requires maximizing the role of finance in resource allocation and innovation incentives. Capital markets should serve as a crucial force that encourages innovation and drives societal progress.
Regarding financial system reform, Prof. Wu proposed advancing rule-of-law-based, market-oriented, and internationalized reforms, strengthening investor protection and transparency, and fostering an innovation-driven, virtuous cycle within capital markets.
About the North America MindForum
Founded in 2015 by the North America Alumni Association of Renmin University of China, the North America MindForum is a high-level forum combining academic insight with practical application.
The theme of the 2025 annual meeting was “Global Rebalancing: Power, Rules, and Innovation.”
During this U.S. visit, the delegation conducted extensive discussions with leading universities and think tanks, further expanding the university’s global academic network. The National Academy of Financial Research will leverage this visit to deepen international collaboration, strengthen the discipline of finance, promote research innovation, and contribute to China’s high-quality economic development.
About the National Academy of Financial Research (NAFR)
Established on May 12, 2023, NAFR is a world-class research institution under Renmin University of China, dedicated to building a theoretical system for finance with Chinese characteristics.
It consists of five research institutes:
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China Capital Market Research Institute
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International Monetary Institute
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China Banking Research Center
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Institute of Financial Technology
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China Insurance Research Institute
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Alliance for Independent Knowledge Systems in Chinese Finance
NAFR focuses on major issues in global financial development, releases authoritative financial indices, conducts high-level interviews, and shares insights from leading forums.
