From November 7th to 12th, The master class of Global Entrepreneurship Management of London School of Economics visited China under the leadership of Professor Saul Estrin, the founding dean of the Management Department of LSE. With the assistance of Institute of Finance Development of Nankai University, teachers and students of LSE visited European-funded enterprises, Etola and Vestas in Tianjin. Meanwhile, they communicated with part of teachers and students of Nankai University. Whereafter, the class of Global Entrepreneurship invited professor Lihui Tian of Institute of Finance Development of Nankai University, to conduct a special lecture on China’s capital market.
During the English lecture, professor Lihui Tian taked about the development of China`s economy , and the volatility in capital markets as well as the investment opportunities in the new normal economy. More than fifty global entrepreneurs and bankers listened carefully and asked many questions. There were many viewpoints ofProfessor Tian , he said that it was the Japanese model rather than American model that should be applied to develop China`s economy, and the devaluation of the RMB wouldn`t be very serious as long as the People's Bank of China and State Administration of Foreign Exchange managed well , although relevant measures might not be absolutely appropriate. He also said that dramatic fluctuation wouldn`t appear in the property prices as long as keeping financial stabilization, which means that there are at least ten years of prosperity in China`s economy, what`s more, professor Tian argued that foreign investors should actively invest in industries which benefit China's national livelihood rather thanlabor-intensive industries. In the end,professorSaul Estringave a high evaluation ofthis lecture ,which he said was the most wonderful speech in China that his students ever participated.
After the conference, teachers and students of LSE actively invited Professor Tian to attend the dinner party and had deep-going exchanges. Professor Saul Estrin and Lihui Tian had a passionate communication and interaction. Finally, Management Department of LSE hoped that teachers and students of IFD go to London for visit and discussion.