Good morning, ladies and gentleman.Welcome to Xian, a beautiful city of China.I’m Xinpei Zhang.It is a great pleasure to participate in the Mathematics Conference as the chairman.And I really enjoy staying here with you this morning.The Mathematics Conference has been held 4th times by Shaanxi Normal University since 2008.The purpose of the conference is to share our experiences and knowledge in regard to the theory, frontier developments and researches, as well as poible applications of them in solving practical problems.A lot of current iues have been discued, and some of them have been effectively solved.
Today, as the first time of the conference debut in this city, we’ll have a unique seion.The topic of prepared presentations is Mathematics.Today, speakers will share their thoughts on how to effectively run models in different iues and give a reasonable answer.Then,we’ll have a Q&A seion,which allows the everyone to ask some questions you may be interested.I am sure that you will find some topics to be presented both interesting and informative.Now,Let me introduce the first speaker,who is very very rich,not in dollars,but in knowledges and experiences,He got his Ph.D in financial economics at the UCB,followed by a series of teaching and research positions at MIT and Harvard.Please dont hesitate to join me in welcoming our first speaker, Prof.SYC, whose topic is entitled threshold effect between the scale of shadow banking and the stability of the banking system.Welcome.