On April 4th, an Academic Conference on Fintech Revolution and Transaction Clearing Mechanism was held in CUFE. The conference was the first high-end academic conference in domestic foreign exchange industry. The purposes of the conference were to follow the tendency of Fintech revolution and globalization steered by China, to establish a world financial settlement with China’s participation, to set up our own clearing mechanism to achieve international pricing power, to establish a fair and transparent competition platform to provide China’s investors a healthier exchange environment, and to promote the booming development of China’s foreign exchange market.