“Low Interest Rate Inclusive Finance and Legal“Low Interest Rate Inclusive Finance and Legal Supervision Seminar of Peking University and the Launching Ceremony of Research Base” was held at the Koguan Building of Peking University Law School on 18^th September 2019, more than 50 government departments and agencies, academic institutions and enterprises from the People's Bank of China, Development Research Center of the State Council of the People's Republic of China, All China Federation of Supply and Marketing Cooperatives, China Development Bank, China Construction Bank, China CO-OP Group, Research Center for Rural Economic of the Ministry of Agriculture, China State Finance Magazine, Reformed Internal Reference Magazine, Chinese Society of Educational Development Strategy, Shaanxi Provincial Development and Reform Commission, Peking University, Tsinghua University, Renmin University of China and so on, attended the seminar.

The seminar was hosted by Professor Wang Xin, Director of the Research Center for Inclusive Finance and Legal Supervision of Law and Development Academy of Peking University. Professor Guo Li, Professor Wang Xixin and several participants spoke highly of this senimar and they all hope this Research Base wil enjoy a good future.

Li Dakai, one of the Low Interest Rate Inclusive Finance and Legal Supervision Research Base of Law and Development Academy of Peking University presidents, gave a speech Inclusive Finance 3.0, times of Low Interest Rate Inclusive Finance is around the corner , which was highly praised. Professor Zhang Hongyu, Ph.D. Wang Gang, Professor Li Yan, Professor Li Aijun, Professor Ma Xiaofeng and Ph.D. Yang Zirong also proposed some suggestions on low interest rate inclusive finance. At discussion part, Mr. Yang Qiang and Mr. Xu Jiannan, deputy county magistrates of Wugong and Hanyin, from the perspective of grassroots practice, hope all parties should seriously explore and study in accordance with relevant regulations. all parties should precede by a small-scale test which truly solves the inclusive financial problems of rural farmers rather than sports-oriented, policy-oriented, and charitable poverty alleviation donations. Everyone agreed that China's small farmers, poor groups, low-income groups and small and micro enterprises and other vulnerable groups are difficult to bear higher interest rates, so financial industry should explore a set of low interest rate inclusive financial models that truly solve the needs of rural small farmers, use low interest rate inclusive finance to solve the urgent needs of small farmers.

At last, Professor Wang Xin concluded that the Research Base would rely on the strong research strength of Peking University, with the support of the regulatory authorities, financial institutions and experts and scholars, and hope to innovate in the low interest rate inclusive financial theory, for the low-income population of our society, Vulnerable groups, small and micro enterprises, and all people and organizations excluded by traditional finances.

Translated by: Li Yue