Finance China 2021
22 July 2021, Beijing, China
Registration
08:30 – 09:00Welcome remarks
Opening keynotes
Dietrich Domanski, Secretary General, Financial Stability Board
Luiz Awazu Pereira da Silva, Deputy General Manager, Bank for International Settlements
Richard L. Sandor,Chairman of the Board and CEO, American Financial Exchange; Founder, Chicago Climate Exchange
Leadership dialogue: Integration and collaboration in a shifting world
The socio-economic and technological changes that took place during the pandemic would leave its mark on the world economy for a very long time. With the global economy gradually going back to normal, more governments and institutions are convinced that as long as they are open to others, cooperation will not be interrupted; instead, they are creating further opportunities and development.
Although China led in economic recovery, it faces unprecedented challenges. Will China’s financial services industry remain resilient and champion the development in green finance and digital innovation? How will China’s financial sector cope with disruption and volatility? How much can digitalisation drive the industry forward?
- Redefining the new world order
- A more inclusive financial system
- Opportunities and challenges for China’s financial services industry with 14th FYP and dual circulation strategy
- Green development and green finance
- A new roadmap for digital transformation in finance
Speakers and panellists include:
Zhang Jun, Dean, School of Economics, Fudan University
Huang Yiping, Deputy Dean and Sinar Mas Chair Professor of Finance and Economics, National School of Development, Peking University
Session chaired by:
Emmanuel Daniel, Chairman, The Asian Banker
Tea/Coffee break
10:45 – 11:15Fintech innovation accelerates digital transformation
The benefits brought by technology-driven products give financial institutions more confidence to make investments ranging from infrastructure, services, manpower to business models. More institutions are implementing various strategies to create a customer-centric comprehensive financial ecosystem.
- Providing differentiated services empowered by digital technologies
- Fintech for financial inclusion and sustainable development.
- Data governance
- From internet of things (IoT) to banking of things (BoT)
- AI and blockchain: cutting through the hype
Speakers and panellists include:
Zhang Anlong, Deputy General Manager, Financial Technology Department, Industrial and Commercial Bank of China
Erwin Lu, Chief Technology Officer, LexinFitech
Session chaired by:
Yuan Man, Deputy Edtior, Caijing Magazine
Luncheon
12:00 – 13:00Financing SME: getting economy back on track
By the end of 2019, China’smicro, small and medium enterprises contributed over 50% of the tax revenue, over 60% of the GDP, over 70% of the technological innovation, and over 80% of urban employment.It also accounted for more than 90% of enterprises. They are particularly active in Beijing-Tianjin-Hebei Region, Yangtze River Delta Region,Guangdong-Hong Kong-Macao Greater Bay Areaand Chengdu-Chongqing Economic Circle.
China’s government decided to extend support to strategic emerging industries,new-generation information technology industry, and private enterprises especially SMEs. How should one drive banks to introduce more credit support in the above four mega city clusters? What measures and tools must be deployed and who among industry players in addition to banks should get involved? How can financial innovation help solve the perennial problem of SME financing?
- Customised comprehensive financial servicesbased on industrial chain
- Supply chain finance – good for both SMEs and institutions
- Big dataenabling credit finance for SMEs
- Case studies: innovated financial products and services adapt to local conditions
Speakers and panellists include:
Sunil Mascarenhas, Investment Specialist, Trade & Supply Chain Finance, Asian Development Bank
Gong Li, General Manager, Corporate Banking, Webank
Dou Yanhong, CEO of GLP Financial
Zhu Jianhua, Co-founder and Vice President, Dashu Financial
Session chaired by:
Hu Jie, Professor of Practice, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University
Comprehensive risk management in the digital age
With new issues incorporated into regulators’ agenda, China’s regulatory landscape is changing fast.Financial institutions are fully aware of the value of effective risk management with new technology at their disposal. Although existing risks have been properly addressed, potential risks and challenges are still lurking in the market, given the economic shock from the pandemic and the record level stimulus.How does one make the best use of digital technologies such as big data analytics, cloud computing and artificial intelligence in identifying potential risks or mitigating them as early as possible? Meanwhile, institutions must be vigilant onthe emerging risks caused by these technologies.
- Identify and mitigatepotential major risks to support the healthy development of real economy
- Who should take risks for funding SMEs?
- Case studies: application of technology in credit assessment, AML, KYC, fraud detection and financial risk management
Speakers and panellists include:
Zong Liang, Lead Researcher, Bank of China
Chen Wen,Partner and Vice President; President, Financial Cloud Business Division, Tongdun Technology
Session chaired by:
Hugh Zeng, Research Manager, The Asian Banker
Tea/Coffee break
14:30 – 15:00Key findings from The Asian Banker China Awards Programme
Our research team will present the key trends and findings from the 2021 China Awards programme and highlight outstanding achievements.
- Awards programme: Process, methodology and scorecards
- Overview of the retail financial services industry in China
- Key findings and best practices
Session chaired by:
Hugh Zeng, Research Manager, The Asian Banker
Leveraging green finance to achieve carbon neutrality
Chinese government’sclimate commitments to achieve carbon neutrality by 2060 give rise to a sustainable economy. Green finance will play a key role to facilitate the green revolution which also brings opportunities and challenges to the capital market. By the end of 2020, China's outstanding green loans had reached nearly RMB 12 trillion ($1.85 trillion), the highest in the world.Green bond stock is RMB 813.2 billion ($12.5 trillion), ranked second in the world. There will be a huge amount of demandon green financing and carbon financial products innovations.
- Global green finance outlook
- Carbon finance and carbon market in China
- Empower green finance with digital technology
Speakers and panellists include:
Sean Kidney, Co-founder and CEO, Climate Bonds Initiative
Cui Ying Climate Finance Center of International Institute of Green Finance, Central University of Finance and Economics
Session chaired by:
Gracie Sun, Senior Advisor and Managing Director, Green Finance Center, Paulson Institute
Boundary and Foresight
Although there are still some uncertainties in some regions across the world, the economy, trade, work and life are returning to normal gradually. While we are reviewing how this crisis has changed the world and society, we also need to think how it will impact our future and where we’re headed next.
- Fromdigital economy to AI economy
- Open and proactive to attract foreign investments
- Opening of and continuing liberalisation of China’s capital markets
- How is central bank digital currency changing the financial landscape?
Speakers and panellists include:
Hu Bofei, Deputy General Manager, International Business Department, China Construction Bank
Jason Xie, General Manager Eastspring Investments Shanghai
Zong Liang, Lead Researcher, Bank of China
Victor Gao, Vice President, Center for China and Globalization
Session chaired by:
Hu Jie, Professor of Practice, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University
16:00 – 17:00