Author’s Note: At the National Conference on Education, General Secretary Xi Jinping emphasized the comprehensive implementation of the strategy for invigorating China through science and education, the strategy of developing a quality workforce, and the innovation-driven development strategy, the promotion of the integrated development of education, science & technology, and professionals. Since the 5th Party Congress of CUEB, the university has actively promoted reforms in the scientific research institutions and mechanisms, conducted organized research, and implemented the “Summit Project” to improve the quality of research. The Publicity Department (News Center) of CUEB will launch a series of “Research Climbing Summit” plans to demonstrate how the university’s high-level research teams proactively align with the country’s major strategies and Beijing’s development in the new era, engaging in forward-looking, strategic, and applied research practices.

Microfinance focuses on how individuals and corporations optimize the intertemporal allocation of resources through capital markets in uncertain environments. Its research encompasses various fields such as corporate finance, asset pricing, and risk management in financial institutions.

Over the past three years, the microfinance research team has been awarded 13 research projects, including major and key projects funded by the National Social Science Foundation of China, and has published over 30 papers in authoritative journals both at home and abroad. Some of the team’s representative research achievements are as follows:

Team members possess high academic proficiency, publishing papers in top journals in the fields of economics and finance, both at home and abroad, such as the Journal of Management World, Economic Research Journal, Journal of Econometrics, Management Science, and Journal of Business Ethics. Some of the representative papers are as follows：

Team members have completed over 10 consulting projects commissioned by national departments such as the People’s Bank of China, Ministry of Commerce, and Ministry of Finance, submitting more than 20 research reports. In the past two years, team members have submitted multiple policy recommendation reports on green finance, risk management, high-quality development of the capital markets, and the construction of Beijing International Wealth Center, receiving more than 10 approvals from national and provincial leaders.

Professor Wu Weixing, the leader of the team, is an outstanding graduate supervisor in Beijing. In recent years, the team has nurtured over 20 doctoral students and more than 40 master graduates. Some doctoral students have received China National Scholarships, academic scholarships, and other honors. The team has a strong teaching track record, with students publishing papers in journals such as the Journal of Financial Research, Energy Economics, and Soft Computing. Moreover, most doctoral graduates now hold positions at universities, while master graduates work in prominent domestic financial institutions.

Team Leader: Wu Weixing

Professor Wu Weixing, President and Deputy Party Secretary of CUEB, is a second-level professor and a doctoral supervisor. He has been selected for the New Century Excellent Talents in University of Ministry of Education of China, a Youth Scholar of the “Changjiang Scholars Program” and Changjiang Distinguished Scholars. He has won awards such as the Sun Yefang Financial Innovation Paper Award and the First Prize in institutions of high education research held by the Ministry of Education. He has led more than ten research projects, including major and key projects funded by the National Social Science Foundation of China, general projects funded by the National Natural Science Foundation of China, and projects supported by the Fok Ying-Tong Education Foundation for Young Teachers in the Higher Education Institutions of China. In recent years, he has published over a hundred papers in domestic and international academic journals such as the Economic Research Journal, Journal of Management World, The American Economic Review, and Management Science.

The Microfinance Team gathers scholars with achievements and pursuits. Core members are as follows:

Zhou Kaiguo

Zhou Kaiguo, Dean of the School of Finance of CUEB, is a second-level professor and a doctoral supervisor. He previously worked at Lingnan College, Sun Yat-sen University, served as a professor, doctoral supervisor and the Director of the Department of Finance. His primary research areas include corporate finance, enterprise innovation, and financial risk management, with a focus on high-quality development of financial services for the real economy and systemic risk prevention. He has led more than ten national and provincial-level research projects, including major projects funded by the National Social Science Foundation of China, major research projects by the Ministry of Education, and general projects funded by the National Natural Science Foundation of China. He has published more than 60 papers in top domestic and international journals, including the Economic Research Journal (seven papers), Journal of Management World (two papers), China Economic Quarterly, Journal of Management Sciences in China, Journal of Financial Research, The Journal of World Economy, Finance & Trade Economics, Management Science (two papers), Energy Economics, Finance Research Letters, and Pacific-Basin Finance Journal. Additionally, he has published three monographs, including the Research on the Measurement and Contagion Mechanism of Systemic Risk. He has received multiple domestic and international research awards, including the First Prize for Excellent Achievements in Philosophy and Social Sciences from Guangdong Province, the First Prize for Outstanding Financial Achievements in Financial Society of Guangdong, and the Best Paper Award from the Asian Finance Association.

Liu Weiyi

Liu Weiyi is a professor and doctoral supervisor in the School of Finance at CUEB. He was a visiting scholar at Rutgers University, The State University of New Jersey, and graduated from Peking University’s Guanghua School of Management. His research focuses on quantitative finance, asset pricing, and quantitative investment. He has led projects funded by the National Natural Science Foundation of China, General Project of Ministry of Education Foundation on Humanities and Social Sciences, and Distinguished Young Scholars Projects at the municipal and university levels in Beijing, publishing more than 20 papers in domestic and international journals such as the Journal of Management Sciences in China, Statistical Research, Journal of Econometrics, Journal of Futures Markets, and Journal of Portfolio Management.

He Feng

He Feng, Ph.D. in Management and Economics, is a professor at the School of Finance and a doctoral advisor. He is also the Deputy Director of the Office of Research at CUEB, and the Director of the Climate Finance Research Center at the China ESG (Environmental, Social, and Governance) Institute. His research mainly involves green finance and ESG, climate finance, digital economy, corporate finance, derivatives and risk management. He serves as the associate editor and guest editor for several journals, including the ABS 3-star journals, SSCI Q1 journals, and CAS Q1 journals. He is a member of the SESC Financial Systems Engineering Technical Committee, Standing Director of ISETS Energy Finance Network (IEFN), and a part-time researcher at the Research Center for Global Family Business, PBC School of Finance, Tsinghua University. He is also a doctoral advisor at Massey University of New Zealand, and Deputy Secretary General of the China Forum on Derivatives for Youth. He was selected as the top 2% of global leading scientists listed by Stanford University (2024). He has published over 70 articles in high-level Chinese and international journals, including the Systems Engineering-Theory & Practice, Journal of Quantitative & Technical Economics, Journal of Financial Research, Journal of Business Ethics, British Accounting Review, Journal of Futures Markets, Quantitative Finance, Energy Economics, Annals of Operations Research. He has published over ten ESI highly-cited papers. He has led numerous projects, such as youth and general projects funded by the National Natural Science Foundation of China, general projects funded by the National Social Science Fund, and Think Tank project of the China Association for Science and Technology. He has received the First Prize for Tianjin Social Science Achievements, the Third Prize in the Teaching Competition for Young Teachers in Tianjin (Humanities Group), and the Excellent Award in the Teaching Innovation Competition for Young Teachers in Beijing Universities.

Sha Yezhou

Sha Yezhou, Ph.D. in Finance and Risk Management from the University of Nottingham in UK, is a professor and Doctoral Supervisor at the School of Finance of CUEB. He is also a liaison for the “Financial Technology and Financial Econometrics” Discipline Innovation and Intelligence Introduction Base, Ministry of Education and the State Administration of Foreign Experts Affairs. His research mainly focuses on market anomalies, investment funds, and asset pricing issues related to individual and family portfolios. In recent years, he has published over 30 papers in journals such as the Journal of Management Sciences in China, Journal of Economics Behavior and Organizations, and others. He has led five research projects, including a youth project funded by the National Social Science Fund of China. Moreover, he is the associate editor of the international journal the Emerging Markets Finance and Trade, Economic Analysis and Policy, and a reviewer for more than 30 international journals.

Zhao Daping

Zhao Daping is an Associate Professor, Doctoral Supervisor, and Vice Dean of the School of Finance at CUEB. Her research primarily includes asset pricing, green finance, and household finance. She has published more than 20 papers in domestic and international journals such as Systems Engineering-Theory & Practice, Chinese Journal of Management Science, Applied Mathematics and Computation, and Economic Modelling. She has also published an academic monograph. She has led five research projects, including a youth project funded by the National Social Science Fund of China and a project supported by the Humanities and Social Science Foundation of the Ministry of Education. She has received the Outstanding Paper Award at the 19th China Management Science Academic Annual Conference and has been awarded high-level innovation teams in research and teaching, and outstanding students supported by the Beijing Municipal Higher-education Construction Project. She also serves as a member and Deputy Secretary General of the Higher Education Management Network of the Chinese Society of Optimization, Overall Planning, and Economic Mathematics.