On 1st December, 2019, the “2019 Bank of East Asia Cup Financial Education School Tour” final was held at the Shanghai Huangpu Wuliqiao Community Cultural Center. The event was jointly organized by the Shanghai Students Moral Education Development Centre, the Shanghai Educational Press Group, and the Bank of East Asia (China) Limited ("BEA China"). The program was fortunate to receive the support and guidance of the China Banking and Insurance Regulatory Commission’s Consumer Protection Department as well as its Shanghai Office. 2019 is the 70th anniversary of the founding of the P.R.C. In the past 70 years, China's financial industry has made great progress. The event’s contest focused on this theme, combining with hot topics such as "Internet finance", "financial risk prevention" and "rational consumption", so as to help teenagers keep up with the pace of the times with the most up-to-date financial literacy and financial awareness.
The event included a quiz on students’ financial knowledge, a debate competition on financial issues and a speaking contest on social financial life. The contestants showed their outstanding demeanor through quick question answering, brilliant thinking and passionate speeches, and also pushed the competition atmosphere to one climax after another. In the quiz, teams competed fiercely through a gauntlet of challenges including set questions, graph analysis, video analysis, and fingers-on-buzzers quizzes. Shanghai Jincai North Secondary School team emerged as the victor. In the financial debate round, the Shanghai No.8 Middle School debate team and Shanghai No.60 Middle School debate team had a fierce debate on the hot topic of “Should we support the way celebrities cause a certain good to become fashionable?” The contestants all endeavored to express their individual viewpoints and employed a wealth of real-time data to support their position. Finally, the team from Shanghai No.60 Middle School debate won the contest. At the same time, the competition recognized excellent individual debaters. Student Li Zhi from Shanghai No.60 Middle School received the title of Best Debater; student Sun Yan from Shanghai No.8 Middle School received the prize for Best Inspirational Individual; and student Wang Yunfei from Shanghai No.8 Middle School was the winner of Viewers’ Choice. Particularly noteworthy this year was the new speech contest, which aimed to show the active spirit of the contemporary middle school students. The contestants had a wonderful performance with the theme of "my good life". Finally, student Wang Yunhan from Shanghai Southwest Weiyu Middle School won the gold medal. Around 200 teachers and students attended the final and the awards ceremony.
Mr. Cartier Lam Chi-man, Executive Director & Chief Executive of BEA China, said: “BEA China has held the Financial Education School Tours for seven years. This year is the 70th anniversary of the founding of the P.R.C. It is worthwhile to hold such a meaningful activity to commemorate such an important moment. In recent years, with the development of society and the progress of science and technology, finance has become integrated into every part of our lives. We hope that our event can help teenagers to further improve their financial literacy, broaden their minds and lay the foundation for their future growth. Teenagers are the future of our country and the hope of their families. We also hope that through our efforts, we can bring financial knowledge to thousands of households, so as to achieve the goal of educating a student, driving a family and influencing the whole society.”
The “Bank of East Asia Cup Financial Education School Tour” was developed to enhance middle school students’ financial literacy, help teenagers develop a better understanding of wealth management, and thereby improve financial awareness among young people. Launched in 2013, the “BEA Financial Education School Tour” has already run for seven consecutive years, increasing its profile each year. Over 10,000 students from more than 120 schools in Shanghai participated and over 100,000 people followed the event.