nsl policy. to enforce and further improve the nsl policy is a target clearly specified at the sixth plenary session of the 16th cpc central committee and in this year ’ s government work report. in the light of nsl policies and measures, further development of local student loans is an important step for the enforcement and improvement of nsl, an important component to establish and strengthen financial support system to students with financial difficulties, and also reflects the trend and future path for development of student loan business. i hope the pbc lanzhou sub - branch can take it as a good opportunity to carry out the work of student loans, further strengthen communication and coordination with the educational and fiscal authorities, enhance research and investigation, sum up experience and lessons in time, improve continuously institutional building and risk prevention mechanisms, so as to establish step by step a systematic and complete policy system of local student loans, and explore a long - lasting system of local student loans, for the benefits of students and families with financial difficulties in gansu province. valuable theoretical explorations and practical experiences should be studied to help relevant government agencies design relevant policies aimed to promote local student loans in the whole country. as a final note, i wish a healthy development of the financial sector in gansu province and greater achievement of student loan work!

wu xiaoling : be objective and scrupulous to promote china ’ s financial theoretic research speech by ms wu xiaoling, deputy governor of the people ’ s bank of china, celebrating the publication of professor huang da's books, beijing, 3 june 2005. * * * professor huang da, distinguished guests : today, experts and scholars from the financial sector, education sector and publishing sector gather at the great hall of the people celebrating the publication of the collected works of huang da as an effort to promote china ’ s financial theory development. this is an important event for developing philosophical science and advancing china ’ s financial theoretic study. on behalf of mr. zhou xiaochuan, governor of the people ’ s bank of china and the president of the china financial institute as well as the two institutions, i warmly congratulate the publication of the collected works of huang da and the convening of the conference. professor huang da is a famous economist and educator, well known both at home and abroad. he is one of the scholars who first conducted monetary theory research in china and who established the discipline of finance in china. as early as when the people ’ s republic of china was founded, professor huang da began to conduct education and research activities on finance. with a scrupulous attitude, he has long conducted research on theoretical and empirical issues of china ’ s money, banking, price, public finance and macroeconomic development, etc. his research work has been essential to the development of fiscal and finance research framework and the evolution of financial theory study in china. given his outstanding contribution and position in financial research, he was a deputy to the eighth national people ’ s congress ( npc ), a member of the npc ’ s financial and economic committee and the president of the renmin university. he was also appointed a member of the first monetary policy committee of the people ’ s bank of china and the head of china financial institute. at present, he remains its honorary president. the collected works of huang da centralized his research work on financial theory. as we cheer for the publication of the collected works, we shall not forget the efforts of researchers on financial theory development in a time horizon ever since the founding of the people ’ s republic of china, in particular from the commencement of economic reform and opening up. with these efforts, a solid theoretical foundation has been laid for future development of the financial discipline and the reform of china ’ s financial system. however, we shall