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In the spirit of fostering a high-quality fintech talent pool for Hnan Free Trade Port FTP, University of Sanya USY has taken pioneering steps by collaborating with Danish bank Saxo Bank to establish 'Saxo Fintech Business School', marking China's first university-industry partnership in fintech education. This initiative aligns with the urgent need to innovate and develop China’s financial sector, as well as the broader goals of building Hnan FTP.
In response to General Secretary Xi Jinping's strategic vision for developing a FTZ across the entire island and advancing the establishment of an FT port with Chinese characteristics, USY has embarked on a high-quality journey in education. This is in line with its mission to innovate, integrate external resources, and strengthen internal dynamism in pursuit of a vibrant school curriculum.
Over the last two years, Saxo Fintech Business School has been instrumental in addressing the demand for fintech talent. Its strategic approach involves targeted initiatives focused on capacity building for fintech professionals while also promoting financial innovation and exploring suitable educationthat cater to Hnan's specific needs as it builds its FT port.
The establishment of this school has garnered significant attention from prominent figures, including members of China’s Central Committee and local government officials. Their orsement underlines the school’s unique value proposition in fintech business education, paving the way for a high-standard fintech business school model that is being cultivated in China.
Saxo Fintech Business School has built a robust curriculum framework through collaboration with Saxo Bank's global networks and partners. Students are exposed to cutting-edge fintech insights, financial ecosystem dynamics, regulatory operations, among other areas. The school also actively creates platforms for disciplinary competitions, fostering learning through competition.
The 'Saxo Fintech Cup' financial trading competition held in December 2019 exemplified the school's commitment to industry-relevant skill development. This was complemented by initiatives like the '2019 Financial Consumer Rights Protection and Banking Laws and Regulations Competition' hosted jointly with Sanya’s local banking community.
The school is not just an educational hub; it's also a nexus for cross-industry dialogue, bringing together academia, fintech experts, and policymakers through high-level forums. The 'Sanya Fintech Forum', inaugurated in December 2018, brought together academic leaders, industry authorities, and media to discuss critical fintech issues.
The school is keen on leveraging its partnerships with Hnan's financial institutions and the China Fintech Education Innovation Alliance to foster a collaborative ecosystem that can support fintech and regulatory technology advancements. This strategic alliance create an environment where industry leaders and academic experts work together, bringing a wealth of experience from Europe in areas like market conduct governance, investor protection, education, etc., into China's fast-evolving fintech landscape.
In essence, Saxo Fintech Business School is positioning itself as a pioneer in the global fintech education domn. Its collaboration with Saxo Bank not only leverages the Danish bank's extensive experience and advanced digital solutions but also serves as an experimental ground for talent development in fintech and regulatory technology within China. The ultimate goal is to contribute trading channels, diversified services, professional interactions, and global market solutions that are pivotal for fostering a thriving financial sector.
Photographic credits: Saxo Fintech Business School, University of Sanya
The article has been edited by Xu Ying, translated by Song Yidan, and proofread by Xue Yuhang Liu Peiyun.
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Chinas First University Fintech Collaboration Saxo Fintech Business School Launch Hainan Free Trade Port Talent Hub Innovative Financial Education Model Sanya University Saxon Bank Partnership Fintech Skills Development Initiative