The National Natural Science Foundation of China announced the appraisal results of the National Natural Science Foundation's 2018 Emergency Management Project “Preventing and Resolving Financial Risks”. The team of Professor Xiaofen TAN of the School of Finance and the International Finance Research Institute of the Bank of China jointly applied on the subject of “Exchange Rate Market Changes, Cross-border Capital Flows and Financial Risk Prevention” which have received funding support. This project belongs to major projects of the National Natural Science Foundation of China, and the project funding amount is 2 million RMB. The project team members include Professor Liqing ZHANG, Professor Hui WANG, Professor Zhigang HUANG, Associate Professor Qin GOU, Associate Professor Yi FANG of the School of Finance, Associate Professor Dongzhou MEI, Dr. Wei ZHAO of the School of International Trade and Economics, Assistant Professor Naijing HUANG of the School of Economics, and Weidong CHEN, the Director of International Finance Research Institute at the Bank of China.

Dr. Xiaofen TAN is professor, master and doctorial supervisor in School of Finance, Central University of Finance and Economics. Professor Tan was supported by Program for New Century Excellent Talents in University in 2012. He was a visiting scholar in Columbia University from 2012 to 2013. His research interests include monetary policy and international finance. In recent years, he has presided over one project supported by the National Social Science Foundation and one youth project supported by Social Science Foundation of Ministry of Education of China, and he also involved in other key and emergency projects of National Social Science Foundation and Ministry of Education. He has published more than 100 papers in economic journals, more than 60 review articles, and two academic monographs.

In recent years, project team members have continued to follow and pay attention to exchange rate market changes, cross-border capital flows and financial risk prevention, and regularly conduct academic discussions. The team has a good academic accumulation and a solid research foundation in capital account opening, RMB exchange rate, cross-border capital flows, systemic financial risks, and macro-prudential supervision. The approval of this project will help to further strengthen team building and research strength of the School of Finance in the study of RMB exchange rate and cross-border capital flows.