• November 28, 2020 - February 28, 2021
  • Paper Submission

  • June 18, 2021 - July 1, 2021
  • Conference Registration



July 3-4, 2021

Beijing, China


To promote China-related financial research globally, Tsinghua University PBC School of Finance and Tsinghua University National Institute of Financial Research co-organize the Annual China Financial Research Conference (CFRC). CFRC provides a high-quality academic exchange platform, where finance scholars and practitioners worldwide can share their in-depth research on important finance issues in China and exchange ideas on new developments in finance research, with the ultimate goal of reforming China’s financial system and encouraging financial innovations in China.

2021 China Financial Research Conference (CFRC2021) will be held from July 3 to July 4, 2021 in Beijing, China (the format might be modified due to COVID-19 situation).


Academic papers studying China related topics, from all areas of finance, are welcome. The conference follows the format of international research conferences. We have both English and Chinese sessions.


Tsinghua University PBC School of Finance

Tsinghua University National Institute of Financial Research


Wei Xiong, Princeton University


CFRC Best Paper Award (US$2000 each)

New Structural Financial Economics Best Paper Award (US$2000 each)


Authors are invited to submit completed papers in electronic format (PDF files only) at:

Paper submission deadline: February 28, 2021.

Papers will be selected by the Program Committee consisting of a panel of international scholars. The submitting authors are expected to be notified of the Program Committee’s decision by May 2021.

For each accepted paper, the conference will cover up to 3 days of accommodation for one author and the discussant. The same applies to all session chairs.

For further queries, please contact



Xiaoling WuTsinghua University


Li LiaoTsinghua University


Hao ZhouTsinghua University
Xiaoyan ZhangTsinghua University


Li AnTsinghua University
Jinhui BaiWashington State University
Brad M. BarberUniversity of California, Davis
Geert BekaertColumbia University
Jan BenaThe University of British Columbia
Jiangze BianUniversity of International Business and Economics
Ekkehart BoehmerSingapore Management University
Max BrucheHumboldt University of Berlin
Charles CaoThe Pennsylvania State University
Huafeng ChenFudan University
Zhuo ChenTsinghua University
Jaewon ChoiUniversity of Illinois at Urbana-Champaign
Yongqiang ChuUniversity of North Carolina at Charlotte
Lauren H. CohenHarvard University
Zhi DaUniversity of Notre Dame
Jens Dick-NielsenCopenhagen Business School
Wenxin DuThe University of Chicago
Miguel FerreiraUniversity of Lisbon
Raymond FismanBoston University
Vyacheslav (Slava) FosBoston College
Pengjie GaoUniversity of Notre Dame
Olesya V. GrishchenkoFederal Reserve Board
Allaudeen HameedNational University of Singapore
Bing HanUniversity of Toronto
Jie (Jack) HeThe University of Georgia
Ping HeTsinghua University
Robert J. HodrickColumbia University
Grace Xing HuTsinghua University
Jennifer HuangCheung Kong Graduate School of Business
Zhengyang JiangNorthwestern University
Lawrence J. JinCalifornia Institute of Technology
Tao JinTsinghua University
Jiandong JuTsinghua University
Peter KellyUniversity of Notre Dame
Bo LiTsinghua University
Zhisheng LiZhongnan University of Economics and Law
Bibo LiuTsinghua University
Clark LiuTsinghua University
Laura Xiaolei LiuPeking University
Yu-Jane LiuPeking University
Roger K. LohSingapore Management University
Dong LouThe London School of Economics and Political Science
Deborah J. LucasMassachusetts Institute of Technology
Christian LundbladUniversity of North Carolina at Chapel Hill
Juan M.LondonoFederal Reserve Board
Massimo MassaINSEAD
William L. MegginsonThe University of Oklahoma
David Tat-Chee NgCornell University
Boris NikolovUniversity of Lausanne
Maureen O'HaraCornell University
Veronika Krepely PoolVanderbilt University
Wenlan QianNational University of Singapore
Gideon SaarCornell University
Michael SchwertUniversity of Pennsylvania
Ivan ShaliastovichUniversity of Wisconsin-Madison
Mila Getmansky ShermanMassachusetts Institute of Technology
Zhan ShiTsinghua University
Kelly ShueYale University
Clemens SialmUniversity of Texas at Austin
Stephan SiegelUniversity of Washington
Zheng Michael SongThe Chinese University of Hong Kong
Kjetil StoreslettenUniversity of Oslo
Qian SunFudan University
Xuan TianTsinghua University
Andrea VedolinBoston University
Hao WangTsinghua University
Jian WangThe Chinese University of Hong Kong, Shenzhen
Xian WangTsinghua University
Yongxiang WangUniversity of Southern California
Zhengwei WangTsinghua University
Michael WeberThe University of Chicago
Dacheng XiuThe University of Chicago
Qiping XuUniversity of Illinois
Hong YanShanghai Jiao Tong University
Hongjun YanDePaul University
Liyan YangUniversity of Toronto
Jianfeng YuTsinghua University
Xiaoyun YuIndiana University
Yao ZengUniversity of Washington
Fudong ZhangTsinghua University
Hong ZhangTsinghua University
Ji ZhangTsinghua University
Lu ZhangThe Ohio State University
Weiqiang ZhangTsinghua University
Xueyong ZhangCentral University of Finance and Economics
Zhen ZhouTsinghua University
Haoxiang ZhuMassachusetts Institute of Technology
Xiaodong ZhuUniversity of Toronto