Liu Quan Attends the 30th Anniversary of the China Capital Market Forum

From January 10 to 11, 2026, the 30th (2026) China Capital Market Forum was grandly held at Beijing Friendship Hotel. Co-hosted by the National Academy of Financial Research (NAFR) and the School of Finance, Renmin University of China, the forum was themed “China’s Capital Market: History and the Future.”

The event brought together more than 1,200 representatives from government, industry, academia, and research institutions to review the 30-year development of China’s capital market and to explore reform directions and future trends under the vision of building a strong financial system. Liu Quan, Founder and Chairman of IBI, was invited to attend the forum.

As one of the most influential and benchmark forums in China’s capital market, this year’s event marked the 30th anniversary of the forum’s establishment. The agenda featured keynote speeches, the Presidents’ Forum, roundtable discussions, and the “NAFR Evening Talks,” covering a wide range of topics including restructuring the capital market ecosystem, financial structural transformation, and the growth logic of capital markets.

Distinguished attendees included Chen Changzhi, Vice Chairman of the Standing Committee of the 11th and 12th National People’s Congress; Dai Xianglong, former Governor of the People’s Bank of China; Li Yizhong, President of the China Federation of Industrial Economics and former Minister of Industry and Information Technology; Huang Qifan, former Mayor of Chongqing; Ning Jizhe, Standing Member of the 14th CPPCC National Committee and former Vice Chairman of the National Development and Reform Commission; Chen Huaping, Vice Chairman of the China Securities Regulatory Commission; Zhang Donggang, Party Secretary of Renmin University of China; Ma Huaide, President of Renmin University of China; Liu Wei, former President of Renmin University of China and Distinguished Professor; Gao Xiqing and Tu Guangshao, former Vice Chairmen of the CSRC; Gao Peiyong, former Vice President of the Chinese Academy of Social Sciences; Liu Shangxi, former President of the Chinese Academy of Fiscal Sciences; Liu Yuanchun, President of Shanghai University of Finance and Economics; Ma Haitao, President of Central University of Finance and Economics; Zhao Zhongxiu, President of the University of International Business and Economics; Wu Weixing, President of Capital University of Economics and Business; Liang Qi, Deputy Party Secretary of Nankai University; Fang Ying, Vice President of Xiamen University; and Wu Xiaoqiu, former Vice President of Renmin University of China, Director of NAFR, and Distinguished Professor, among many other renowned scholars and industry leaders.

Highlights from the Forum

△ Liu Quan in discussion with Dai Xianglong

During the forum, Liu Quan participated in the Roundtable Discussion: “How to Foster the Healthy Development of China’s Capital Market.”
The session was moderated by Yao Zhenshan, host of CCTV Finance Channel, and Xiu Xiaosi, Assistant President of Caijing Magazine. Liu Quan joined leading scholars and entrepreneurs including Wan Zhe, Professor at Beijing Normal University; Wang Wenjing, Chairman and CEO of Yonyou Network; Li Jun, Chairman of Leyard Group; Li Ping, Chairman of Eastsoft Communication; Dan Bin, Chairman of Orient Harbor; Lin Yixiang, Chairman of Tianxiang Investment; and He Qiang, Professor at the School of Finance, Central University of Finance and Economics, in an in-depth dialogue and exchange of ideas.

Drawing on IBI’s pioneering practices in industrial internet platform development, supply chain digitalization, and real-economy empowerment, Liu Quan elaborated on the critical role of a healthy and dynamic capital market in supporting technological innovation, fostering new quality productive forces, and driving industrial upgrading. He emphasized the profound significance of deep integration between industrial innovation and capital flows in building a modern industrial system.

During the forum, the landmark publication series “China Capital Market Studies: 30 Years in 30 Volumes” was officially released. Compiling three decades of academic research from the forum, the series systematically maps the reform and development trajectory of China’s capital market and is widely regarded as a chronicle-style intellectual history of China’s capital market, providing solid academic foundations and structured discourse support for high-quality capital market development and the construction of a financial powerhouse.

Over the past 30 years, the China Capital Market Forum has consistently aligned with the pulse of China’s financial reforms, contributing influential “RUC solutions” at pivotal moments such as the split-share structure reform, the development of the ChiNext board, and the advancement toward a strong financial system. It has become a high ground for theoretical exploration, a frontier for intellectual exchange, and a cradle for talent cultivation in China’s capital market.

Liu Quan’s participation in the 30th China Capital Market Forum represents recognition of IBI’s innovative achievements in industrial digitalization. Looking ahead, IBI will continue to leverage the resource allocation function of the capital market, deepen innovation in the industrial internet, and promote the coordinated development of industry and capital—contributing greater momentum to the high-quality development of China’s capital market and the transformation and upgrading of the real economy.