The Institute of Finance & Banking is a research institution directly under the Chinese Academy of Social Sciences. The main tasks include: implement the spirit of a series of important speeches made by President Xi Jinping, thoroughly carry out the essence of new governance concepts, thought and strategies, comprehensively study international and national financial theories, financial policies, financial regulations, financial supervision, financial markets, financial institutions, financial products and financial services. Also, formulate macroeconomic policies and monetary and financial policies, establish financial theory system with Chinese characteristics, provide consulting services for government departments at all levels to develop the financial industry, and cultivate senior financial talents, promote international financial academic exchanges and research cooperation, provide financial institutions and industrial and commercial enterprises home and abroad with applied research results and consulting services.