On July 30th, 2022, SJTU-BOC Technology and Finance Summit, organized by Shanghai Jiao Tong University (SJTU) and Bank of China (BOC) and co-organized by SJTU-BOC Institute of Technology and Finance and Antai College of Economics and Management (ACEM), SJTU, was held in Shanghai. During the summit, SJTU-BOC Institute of Technology and Finance was officially unveiled.

In order to accelerate the special reform of the application of advances in science and technology and implement the relevant policies of the CPC Central Committee and the State Council, Shanghai Jiao Tong University (SJTU), with the support of the Bank of China (BOC), have innovatively established SJTU-BOC Institute of Technology and Finance in 2022, which, with the focus on talent cultivation, interdisciplinary research, achievement transformation and think tank development, aims to explore the mode and path catering for the national needs and development of the times, build a holistic platform integrating the resources of "industry, academy, research, innovation and application" and seek market-oriented channels for more innovative technologies to solve the "stranglehold" problem in essential fields. SJTU-BOC Institute of Technology and Finance under ACEM will fully unleash the disciplinary advantages of SJTU in scientific and technological sources and transformation of achievements as well as the financial practice and profound accumulation of Bank of China all over the world, so as to cultivate a group of comprehensive talents who are professional in technology, management and finance for the country, improve the financial supporting system for and constantly empower the scientific and technological innovation, thus boosting the high-quality economic and social development.

Yan Juanqi, Vice Chairman of the 11th and 12th NPC Standing Committee and former Chairman of CAPD Central Committee, Wu Qing, member of the Standing Committee of the CPC Shanghai Municipal Committee and Executive Vice Mayor of Shanghai, Liu Liange, Party Secretary and Chairman of Bank of China, Lei Chaozi, Director of the Department of Science, Technology and Informatization of the Ministry of Education, Wang Ping, Director of the Shanghai Municipal Education Commission, and Lin Zhongqin, President of Shanghai Jiao Tong University, delivered speeches in different forms, congratulating the summit and the unveiling of SJTU-BOC Institute of Technology and Finance.

Lin Zhongqin said that the establishment of SJTU-BOC Institute of Technology and Finance is an important initiative for SJTU and Bank of China to thoroughly implement the national development strategy, promote the coordinated development of science and technology and finance, and facilitate the application of advances in science and technology on the basis of existing sound cooperation. The Institute will explore the "new mode" of university-bank cooperation by deepening the industry-academic integration, inspire the "new momentum" of regional high-quality development by building a tech-finance ecosystem in institutions and drive the development of "new forces" in an innovative manner through exerting its efforts in key areas and boosting the transformation of achievements. In this way, it can do its best in achieving high-quality development and building a new development pattern in China as a pioneer of the new era.

Liu Liange said that it is an important task given by the times to vigorously cultivate compound talents specialized in the transformation of scientific and technological achievements, promote industry-academic integration, and facilitate self-reliance and self-improvement in science and technology, which is of far-reaching significance. Bank of China will fully mobilize its resources to actively buttress the development of the Institute on one hand; and on the other hand, it will join hands with SJTU to make new contributions, new achievements and new breakthroughs in supporting the establishment of a world's innovation highland, cultivating outstanding talents and serving the integrated development of Yangtze River Delta. It will also strive to cultivate more first-class compound talents for building a powerful country in science and technology and make greater contributions to fulfilling the Chinese dream of the great rejuvenation of the Chinese nation.

At this summit, Lars Peter Hansen, the Nobel Prize laureate in Economics in 2013, Jia Weiping, Endowed Professor of ACEM, SJTU and academician of China Academy of Engineering, and Wu Kai, chief scientist of CATL, delivered speeches successively with focus on the interaction between technology and finance and the scientific and technological innovation and achievement transformation in key fields, expressing their insights in the mutual promotion and synergetic development of technology and finance from different positions and perspectives.

With its official unveiling, the SJTU-BOC Institute of Technology and Finance, as a school built according to international first-class standards under the support of all parties with their high expectations, will ride the wind and the trend for further development. In the future, the Institute will concentrate on developing an innovative compound talent training system including the first "Master of Technology Transfer" program in China, and actively perform the functions of interdisciplinary research, achievement transformation, think tank platform, etc. Chen Fangruo, Dean of ACEM SJTU and Dean of SJTU-BOC Institute of Technology and Finance, said that SJTU-BOC Institute of Technology and Finance has been established to seek a set of useful and replicable schemes for the mode innovation and practical exploration of the application of advances in science and technology for higher education institutions in China. ACEM will also take this as a new orientation to establish a new development pattern driven by twin wheels of "industry research" and "technology and finance" and join hands with more visionary personnel to deliver a strong voice of the era for high-quality development driven by technology and finance. Liu Shaoxuan, Associate Dean of ACEM SJTU and Executive Dean of SJTU-BOC Institute of Technology and Finance, said that the Institute will continue to propel the profound combination of technology and finance in the future and explore a new path to the top tier through deep creation and effective practice, and it will look for teachers, scholars, researchers and creators in the fields of finance, industrial economy, scientific and technological innovation, entrepreneurship and innovation in pursuit of a new height and an outstanding undertaking in education.