The CEIBS Lujiazui International Institute of Finance (CLIIF) was initiated by the China Europe International Business School (CEIBS) and the Shanghai Lujiazui (Group) Co., Ltd. in October 2007. The purpose of CLIIF is to carry out social influence research and facilitate the transformation of Shanghai into an international financial centre, for China's macro-economic control and financial stability. Based in Shanghai, an emerging financial hub, CLIIF shall serve as an open and international platform for academic exchange while focusing on studying the opportunities and path to the financial opening up and development of the service industry under the Belt and Road Initiative, while focusing on new financial developments such as an inclusive financial system, financial science and technology, etc. CLIIF is committed to providing first-class research, consulting and training services to financial institutions, financial regulation agencies, financial investors and consumers, as it fulfils its role as an influential think tank for the development of Shanghai as an international financial centre and promotes a "going-out strategy" for China's financial institutions and enterprises.