The 12th China College Student Competition on Energy Economics, sponsored by the Chinese Society of Optimization, Overall Planning and Economic Mathematics and organized by its Low-Carbon Development Management Professional Committee, recently concluded successfully. Students from the Faculty of Finance of City University of Macau performed excellently in this competition, winning one National Third Prize, one Guangdong–Hong Kong–Macao Regional First Prize, and one Guangdong–Hong Kong–Macao Regional Third Prize.

This competition is a nationally influential academic event in the fields of energy economics and green development in China. It aims to encourage university students to carry out innovative research and practical explorations around major national strategic needs such as energy transition, the “dual carbon” strategy, green finance, and sustainable development. This year’s competition attracted 805 universities from across the country, with 24,088 valid entries submitted. After rigorous selection and fierce competition at the university and provincial levels, a total of 1,698 entries successfully advanced to the national finals.

Among them, a team composed of Haojie Chen, Yixin Zhong, Kexin Piao, and Yihao Li from the Faculty of Finance, under the supervision of Associate Professor Weiping Li of the Faculty of Finance, won the Guangdong–Hong Kong–Macao Regional First Prize and also received the National Third Prize for their work titled “How Does Climate Transition Pressure Reshape Corporate Supplier Allocation Strategy? — Quasi-Natural Experimental Evidence from Climate-Adaptive City Pilots.” This study uses the national climate-adaptive city pilot policy as a quasi-natural experiment, focusing on the adjustment of corporate supply chain strategies in the context of climate transition. It systematically analyzes the impact mechanism of climate transition pressure on corporate supplier allocation strategies. The findings not only enrich research in the fields of climate economics and supply chain management but also provide important references for companies in formulating green transition strategies and enhancing supply chain resilience.

Furthermore, a team consisting of Bingbing Sun and Xiaozhe Hou from the Faculty of Finance, under the guidance of Assistant Professor Di Li of the Faculty of Finance, won the Guangdong–Hong Kong–Macao Regional Third Prize for their work “Hedging Clean Energy Metals.” This study addresses the price volatility of clean energy metals against the backdrop of the rapid development of the new energy industry. Using assets such as the US dollar, gold, crude oil, and green bonds as hedging tools, the research systematically analyzes the risk hedging effects of different assets under various market conditions. The findings provide valuable references for investors in asset allocation, risk management, and for policy formulation.

In recent years, the University has placed great emphasis on cultivating students’ research and innovation capabilities, actively encouraging them to participate in high-level academic competitions and research practice activities. The Faculty of Finance consistently values both theoretical teaching and practical innovation, guiding students to pay attention to national strategic needs and real-world economic and social development issues. The Faculty has continuously achieved new results in fields such as green finance, sustainable development, and the digital economy. These awards not only reflect the solid academic competence and innovative spirit of students from the Faculty of Finance but also demonstrate the Faculty’s positive achievements in cultivating high-quality financial talents with international vision, innovative awareness, and research capabilities.

In the future, the Faculty of Finance will continue to deepen the concept of research-based education, encourage more students to engage in high-level academic research and innovative practices, and contribute their youthful wisdom and energy to serving the national “dual carbon” strategy and high-quality economic development.

Haojie Chen, National Third Prize Team Member

This honor is not only an affirmation of our team’s hard work, but also a valuable experience on my path of academic growth.

First and foremost, I would like to sincerely thank City University of Macau and the Faculty of Finance for providing students with an excellent research platform and abundant academic resources. I am especially grateful to my supervisor, Professor Li Weiping, for his careful guidance throughout the topic selection, empirical analysis, and paper revision process. His mentorship has deeply impressed upon me the importance of rigorous scholarship.

In the future, I will continue to maintain my passion for research, constantly learn and explore in the fields of green finance and sustainable development, strive to improve my professional competence, and contribute to the development of society.