The 13th Lujiazui Forum, co-hosted by the Shanghai Municipal People's Government, the People's Bank of China, the China Banking and Insurance Regulatory Commission, and the China Securities Regulatory Commission, was held in Shanghai on June 10, 2021. Yi Gang, Governor of the People’s Bank of China; Guo Shuqing, Communist Party Secretary of the People’s Bank of China and Chairman of the China Banking and Insurance Regulatory Commission; and Yi Huiman, Chairman of China Securities Regulatory Commission spoke at the Forum. Yi Gang mainly talked about China’s monetary policy, green finance, and inclusive financing. Guo Shuqing mainly talked about the effect of easy money policies from developed countries, inflation, China’s ongoing taming of financial risks. He also sent stern warnings of Ponzi schemes and speculation on real estate prices. Yi Huiman gave a detailed elaboration of the two-year-old STAR Market (known in Mandarin as 科创板 Science and Technology Innovation Board in Shanghai Stock Exchange) and explained why the IPO there appears to many as have been slowed.

(Comment: Inflation is quite a hot topic in China in recent days.)