A group of 32 executives from the Bank of China recently took part in a training course co-organized by CityU's School of Continuing and Professional Education (SCOPE). The seven-day training course, held from 8-7 August, covered the rules involved in setting interest rates and risk

management in the banking industry. This is the first time SCOPE has collaborated with the Bank of China to offer such a course.

Dr Michael Wong and Dr Zhenming Fang, assistant professors in the Department of Economics and Finance (EF), were the instructors in the course, which, based on markets in Hong Kong, the UK and the US, gave the participants a general picture of the international financial market.

 

 

"With China poised to enter the WTO, it's time banks in the mainland understood more about the global financial market, especially if they are to compete with market leaders in Hong Kong," Dr Wong said. "The students were eager to learn about international regulations and how they could apply them in planning the regulation of interest rates in China." To further promote academic exchange between Hong Kong and the mainland, EF is cooperating with Shanghai Jiaotong University to launch a Master of Finance programme.