The China Institutes of Contemporary International Relations (CICIR) hosted a conference on"The International Financial Crisis and the Transformation of International System"on April 2nd,2009,the same day that the G20 summit was held in London.The conference was chaired by Cui Liru,the President of the CICIR,and more than 20 well-known scholars from the CICIR and some other think tanks in Beijing participated. The current international financial crisis has had significant repercussions worldwide,and will have a far-reaching impact on the world economic and political pattern.How will the crisis affect the world economy and where is the way out? How will it change the balance of international power and the world order? What are China’s choices? These questions triggered a heated debate among the scholars.