Dozens of government officials and members of academic from different Chinese cities recently gathered at Beijing Normal University to discuss ways to improve the youth's financial literacy through education.

Several attendees at the forum talked about pilot projects in primary and middle schools in some cities, where the students are being taught money management.

The university's China Education Innovation Institute and Shanghai BeBetter Philanthropy Group, an education consultant company, launched the Research Center of Financial Literacy Education for Youth during the forum.

Some experts also told the forum that China should follow in the footsteps of developed countries, attaching more importance to financial literacy and making it a part of the education system.

BNU vice-president Chen Li said that education reform in the country encourages students to develop wide-ranging interests and explore personal traits. To foster young people's financial literacy would mean making them more competitive for the future, he said.

Wang Sheng, director of the new research center, said that the body will offer academic support and organize educational events to improve financial skills of Chinese students.

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