On October 17, the 13th China Wuhan Financial Expo hosted by the Hubei Provincial People's Government and the Wuhan Municipal People's Government was grandly held in Wuhan, as an important part of the conference, the Yangtze River Capital Forum was organized by TF Securities, Yao Jingyuan, special researcher of the State Council Counsellors' Office and former chief economist of the National Bureau of Statistics, Bian Chao, deputy director of the bond business department of the Shenzhen Stock Exchange, Li Yuanhua, deputy mayor of Wuchang District, Zhao Xiaoguang, vice president and director of the research institute of Tianfeng Securities, Song Xuetao, chief analyst of macro, and CDH Investment, Dachen Caizhi, Xinke Mobile, Nearly 300 guests from the government, enterprises and research institutions gathered together to summarize Hubei's unique role in stimulating the unique role of industrial capital in promoting the high-level circulation of science and technology, capital and the real economy, so as to build a new highland for capital gathering in Hubei, improve the quality and efficiency of Hubei's real economy in financial services, accelerate industrial transformation and upgrading, and realize green, low-carbon, economical and intensive development.
Industry big coffee Donghu talks about the development of green science and technology
Yao Jingyuan, special researcher of the State Council Counsellors' Office and former chief economist of the National Bureau of Statistics, delivered a keynote speech entitled "Current Internal and External Challenges and Policy Options of China's Economy", he said that economic recovery will continue to rely on the "troika" of exports, consumption and investment, and it is necessary to further promote exports, consolidate the consumption base, take investment as the key, and play a good "combined fist" of macro policy and expanding demand.
Bian Chao, Deputy Director of the Bond Business Department of the Shenzhen Stock Exchange, introduced the high-quality development of the green bond market from four aspects: optimizing institutional arrangements, increasing product innovation, strengthening market cultivation and participating in the formulation of standards. He said that the Shenzhen Stock Exchange regards the development of green bonds as an important landing measure to build a sustainable exchange brand, and will continue to use the exchange bond market to provide continuous financing support for green and low-carbon enterprises by systematically supporting the quality and expansion of green bonds, promoting the optimization of green bond trading arrangements and strengthening the promotion of low-carbon transition bonds.
Li Yuanhua, Deputy Governor of Wuchang District Government of Wuhan Municipality, introduced the practical work of Wuchang District on climate investment and financing pilots. He introduced that since Wuchang District was selected as the first batch of 23 climate investment and financing pilots in China in August 2022, it has actively promoted the full gathering of various element resources such as funds, talents and technology in this field, and in the future, Wuchang District will further consolidate the foundation of the pilot, cultivate a policy environment conducive to climate investment and financing, climate-friendly market players, innovate investment and financing development models and mechanisms, create a "Wuchang model" for climate investment and financing, and drive a wider range of green finance innovation and green and low-carbon transformation.
Zhao Xiaoguang, vice president and director of the research institute of TF Securities, delivered a keynote speech entitled "In-depth Research Promotes Industrial Services", he said that TF Research is building a four-in-one brokerage research institute 2.0 system of "policy + new expert system + research questionnaire + data technology". Tianfeng Research will unswervingly aim at scientific and ecological research, build an in-depth research system, and realize the mining, pricing and empowerment of high-quality enterprises by opening up the upstream, midstream and downstream research of the industry, build a "green, development and win-win" development ecology, and serve the high-quality development of the real economy.
Song Xuetao, chief analyst of Tianfeng Securities Macro, delivered a keynote speech entitled "Current Economic Changes and Investment Enlightenment", he expects that this year's economy will show an "N" recovery trend, high-frequency data since July this year has continued to rebound, the inflection point of continuous economic repair has been determined, and the economy has found new growth momentum while "de-realizing".
Participants said that through this forum, they saw Hubei's new measures to build a new highland of capital gathering and enhance the real economy of financial services, and understood the new trend of accelerating industrial transformation and upgrading in the country to achieve green, low-carbon, economical and intensive development.
Build a city investment bank to serve the development of green industries in Hubei and the Yangtze River Economic Belt
Chen Zhixiang, Deputy Secretary of the Party Committee and General Manager of VAST Group and Secretary of the Party Committee of Tianfeng Securities, said that as the only financial service enterprise in the province, VAST Group, according to the provincial party committee and provincial government's new round of state-owned assets and state-owned enterprise reform and deployment, focuses on three major tasks, focuses on four main businesses, and continues to support the development of green science and technology. As a securities company controlled by VAST Group and a backbone financial enterprise under the province, TF Securities has in-depth cooperation and synergy with Hubei VAST Group in equity financing, research think tanks, green finance and bond issuance and underwriting, continuously upgraded its strategy of deep cultivation in Hubei, and tailored a comprehensive financial service solution through the "City Investment Bank" to fully support the high-quality development of Hubei and the Yangtze River Economic Belt. It is reported that TF Securities is tailoring a comprehensive financial service solution of "urban investment bank" for Hubei, systematically sorting out the industrial characteristics of Hubei from a global perspective, anchoring market trends to plan industrial layout, holding high and introducing advantageous resources to activate the new momentum of Hubei's local economic development, exploring new ways to solve problems such as difficult investment, difficult financing and expensive financing, and serving Hubei's high-quality development with capital strength.
The high-quality development of the Yangtze River Economic Belt should coordinate to promote carbon reduction, pollution reduction, green expansion and growth, take the green transformation and upgrading of industries as the top priority, accelerate the cultivation and expansion of green and low-carbon industries, actively develop green technologies and green products, improve the degree of economic greening, and enhance the potential and stamina of development. On the one hand, TF Research Institute cooperates with Hubei VAST Financial Research Institute, "Double Carbon" Research Institute and its subsidiaries in the green field research reports, policy consultation, customized consulting and other aspects, giving full play to the function of Tianfeng's "investment + research + investment banking" model, expanding the upstream and downstream links of the green finance industry in Hubei Province, and providing support in the introduction of key technologies and resources in the green industry. On the other hand, TF Securities helps to open up the information channels between Hubei Hongtai Group's national carbon market registration and settlement function platform "China Carbon Deng" and Hubei Carbon Emission Rights Trading Center and the International Research Institute of Green Finance of Central University of Finance and Economics, timely grasp the first-hand information of "dual carbon" high-quality enterprises or leading enterprises in related industries, and introduce corresponding green financial resources to actively promote the high-quality development of green industries in Hubei. In addition, TF Securities actively cooperated with relevant provincial and municipal departments to participate in the establishment of China (Wuhan) Dual Carbon Industry and Carbon Finance Research Institute, led the preparation of the "China Yangtze River Dual Carbon Industry Alliance", promoted the development of carbon trading and carbon finance in Hubei and the Yangtze River Economic Belt, helped Wuhan build a carbon finance center radiating to the central region and the Yangtze River Basin, and contributed to the construction of Hubei Province and Wuhan into a national carbon finance highland and agglomeration area.
In the future, TF Securities will continue to serve the functional positioning of the national "dual carbon" strategy, continue to develop in the field of green science and technology finance, take the development of green science and technology as the capital orientation, and promote the high-quality development of green science and technology innovation in Hubei and the Yangtze River Economic Belt with comprehensive financial strength. Text/Cheng Feng