Conference on fictitious economy, Cheng Siwei award ceremony held

The 11th National Conference on Fictitious Economy and Cheng Siwei Global Award Presentation Ceremony took place in Beijing on Saturday, with many well-known experts, scholars, entrepreneurs and students from the fields of fictitious economy, capital market and finance attending the meeting offline and online.

This year's Cheng Siwei Global Award was presented to excellent research achievements in the field of fictitious economy, and encourages domestic and foreign scholars to further study the relevant theories, so as to promote China's financial practice, said Chen Changzhi, chairman of the Global Award Committee of Cheng Siwei.

Chen announced the award results of the second Cheng Siwei Global Award • fictitious economy research international award, including the winner of the Nobel Prize in economics Robert Engle, Professor of New York University, whose achievement is SRISK: conditional capital gap measurement method of systemic risk.

The domestic award was presented to the personal credit rating system of the People's Bank of China developed by Professor Shi Yong, counselor of the State Council and director of the Fictitious Economy and Data Science Research Center of the Chinese Academy of Sciences.