"Financial Education Mme.Wu"
Developing Financial Education to Promote a Harmonious and Stable Society Madam Wu XiaoLing Chairman of the China Foundation for the Development of Financial Education Citi-FT Financial Education Summit 25 November, 2008 1 、 Inclusive Financial Education is a basic tool for the development of a society An Inclusive Financial Education program should have three parts 1 、 Vocational and special training for re- employed workers; This type of education programs are already widely accepted 证券从业资格考试 证券经纪人专项考试 保荐代理人考试 基金销售从业人员考试 注册金融理财师 注册金融分析师 金融风险管理师 （ FRM ） 银行风险与监管国 际证书 (ICBRR) 2 、 Recipient of Financial Services ： Consumers or Investors Education programs This type of education programs are starting to be accepted 3 、 Education programs for both future recipients of financial services and for the general public This type of education programs will be more accepted as the concept of inclusive education develops. 2 、 Increasing awareness of the Importance of Investor or Consumer Education Educational programs to identify counterfeit currency are a top priority for the PBOC. Financial Education “Financial Education conventions held for all citizens” throughout the country Published by PBOC The China Banking Regulatory Commission premises has created a public education service area and also created a public education website China Securities and Regulatory Commission has created an investor education department and requested all securities companies to establish investor education areas in their premises. Moreover, the Securities Association created an Investor Education website China Insurance Regulatory Commission and the Education Ministry have jointly expressed the need to strengthen the schools education program and foster more insurance knowledge; In 2004 the Insurance Association published four insurance-related comic books in order to improve knowledge about insurance. 3 、 Financial Education in poor areas as an effort to Alleviate Poverty 1 、 Eliminate poverty, develop modern agricultural methods, speed up the rural urbanization process, eliminate the rural- urban divide is the basis for the creation of a harmonious society. 2 、 While the government is promoting the flow of capital into the rural areas, it is important to note that increasing the rural citizen’s capabilities, also strengthens the rural areas and agriculture industries production capacities. 3 、 Inclusive microfinance techniques, innovative microfinance methods give poor people an opportunity to change their lives. Microfinance is an important financial service offered to society and an efficient way for people coming from the rural areas to overcome poverty. 4 、 The China Foundation for Development of Financial education strives to provide inclusive financial education programs in poor areas and helps eliminate poverty. • We want to provide microfinance and microinsurance education to people in poor areas • Provide training on legal, technology, and financial issues so that people can use microfinance to manufacture and increase their incomes. • We want to develop volunteers that have financial knowledge and dedication to assist in poor areas. • We should use the international microfinance experience in China’s financial system. Let’s develop financial education programs in poor areas through these pilot projects. Thank you!