Students compete in financial knowledge contest
Students from eight high schools in Beijing, Shanghai, Guangzhou and Chengdu gathered in Shanghai to test their finance knowledge at a weekend competition.
They competed in answering financial questions and debated topics ranging from family money management to the advantages and disadvantages of cashless payment. They also presented their views on subjects such as the influence of fin-tech and the “Internet celebrity” economy.
The team from the High School Affiliated to South China Normal University in Guangzhou won the top prize, followed by Shanghai Weiyu High School and Chengdu Shude High School.
The competition was the fourth of its kind. Organized by Junior Achievement China and Hang Seng Bank, this was the first time it was held in Shanghai and with participants from the four cities. In past years, it was held in Guangdong with local participants.
The two parties have provided financial courses to thousands of high school students in six cities to improve their financial intelligence. In Shanghai, the course “Finance and Life” taught by volunteers from enterprises and teachers who have received special training, has entered more than 10 schools, helping students learn about financial concepts and financial decision-making.
“As Shanghai is building itself into a global center for finance, I think it’s necessary to teach students some knowledge about finance, and improve their ‘financial literacy,’” said Li Jing, a teacher at Shanghai Weiyu High School, where “Finance and Life” is a popular optional course.
About 40 to 80 students attend the course each year, she said.
“Some of my students found that they loved finance after attending the classes,” she said. “One of my former students had planned to study medicine but applied for international business law at East China University of Political Science and Law after attending the class. He is a lawyer now."