[President Liu Yuanchun of Shanghai University of Finance and Economics: AI impacts the world’s financial structure and rethinks RMB management ideas] On October 17, President Liu Yuanchun of Shanghai University of Finance and Economics stated at the Global Wealth Management Forum·2026 Shanghai Suhewan Conference that the current low-speed economic growth has become a consensus, but whether AI can boost growth is highly divided. The growth hub is the anchor of financial pricing, and mid-term changes will reshape the asset pricing reference system. Under low-speed growth, global differentiation has intensified, forming a "new triangle" of innovation and finance twins in the United States, soaring savings rates in Europe, and dramatic changes in the Chinese sector. The key to AI's impact on global growth lies in whether AI can be transformed into an increase in total factor productivity. Judging a bubble depends on whether the three combinations of capital expenditure and cash flow, income and market value, and growth and capital match. In addition, geopolitical conflicts have pushed up inflation and interest rates, increasing market vulnerability. Liu Yuanchun pointed out that China's contribution to global AI accounts for about 19% in the supply chain reconstruction, and the export of mechanical, electrical and energy investment products has benefited, and the idea of ​​​​RMB management needs to be rethought.