Under CF40 are two think tank series: the CF40 series and the New Finance series. Within the CF40 series, CF40 Foundation and CF40 Institute were established in 2016 in Qingdao. CF40 also jointly launched the Silk Road Planning and Research Center. Within the New Finance series, CF40 set up the Shanghai Finance Institute (SFI) in Shanghai in 2011, and the Northern Finance Institute (NFI) in Tianjin in 2016. Also in 2016, the SFI founded the Shanghai Pu Shan Foundation. In October 2015, the Institute of Digital Finance (IDF) was launched at Peking University.