The introduction of the commercial operation mechanism is the essential difference between the modern public welfare and the traditional public welfare, where the core of commercial operation mechanism is the financial system. Social finance embodies the concept of "sustainable development", as it has become a new trend of global financial innovation and public welfare reform as well as an important symbol of philanthropic economy times.
In May, 2016, China Global Philanthropy Institute started Social finance & Social Innovation Center. The Center is positioned to promote social finance innovation, improve the modern financial system, innovative public financial instruments, promote philanthropic economic philosophy, and lead the development of philanthropy industry.
As the public finance think-tank, the Center will conduct research upon domestic and foreign public financial innovation cases, developing public finance case base, servicing in the teaching of China Global Philanthropy Institute, and timely promoting the teaching project in public finance.
At present, the Center consists of four research directions: Small and Micro Finance, Impact Investment and Green Finance, Charitable Trust, Social Enterprise and Social Innovation.