The global economic fallout from the outbreak of pandemic compounding with trade tensions, protectionism, climate change, and geopolitics conflict are splitting the world into divergent trajectories. In response to the pandemic, advanced economies unleashed unprecedented fiscal and monetary stimulus to restore market confidence and financial stability; a variety of challenges mount for emerging market and developing economies (EMDEs)—including elevated inflation, rising price, and record debt levels. Sanctions on Russia by western countries are manifested in some disrupted key supply chains and a sizeable increase in the prices of key commodities, which is potentially leading to even higher inflation and weaker growth across the globe. On the other hand, new trends in digital transformation accelerated by COVID-19 maintain rapid progress, revolutionise businesses, and provide new impetus for the economy.
“Unexpected” factors - Omicron prevention and tensions between Ukraine and Russia will weigh on China’s economy in the short term while triple pressures from shrinking demand, supply shocks, and weakening expectations continue to persist. With the effective control of the epidemic alongside new tools and refined policies, the normal economic order is expected to be restored, and the economic operations to return to the normal track. China’s financial services industry players continue to focus on digital transformation, boost financing to real economy and small and medium-sized sector, accelerate reforms and opening-up as well as drive green finance for a stable, high-quality, and sustainable economic growth.
At Finance China 2022, we will focus on how China’s financial services industry accelerates the further reform and transformation to promote China’s high-quality growth as well as contribute a global green, resilient, and inclusive economic recovery.
The annual conference gathers the best minds among financial institutions, regulators, policy makers, economists, and services providers to meet and share professional insights, work on detailed solutions, and discuss the latest trends in the industry.
Global economic recovery in the face of persistent uncertainties
China's economic outlook in the second half of the year
The roadmap of next-gen digitisation of banks
Architecting the future infrastructure of finance
Using Regtech for compliance and risk management
Disruptive digital technologies boosting financial inclusion
Who will attend?
The programme is designed for
Senior executives and business decision-makers from retail banking, transaction banking, cards and payments, customer relationship management, data and analytics, risk management, financial inclusion, consumer credit, technology and operations
Senior executives in technology, operations, data and analytics and digital banking
Heads of technical divisions such as profitability systems, customer service improvement, product innovation and other functions within banks that take a holistic view of technology
Public sector officials, regulators and policymakers
Heads and senior executives involved in developing multi-channel distribution capabilities
Alternative financial services providers, fintechs, venture capitalists, investors and start-ups
Professional service providers, including technology companies, rating agencies and consultancies
Speakers
Steven Barnett
Senior Resident Representative in China, International Monetary Fund (IMF)
Li Yang, Chairman, National Institution for Finance; Development Member, Chinese Academy of Social Sciences
Li Yang will share his view on further transformation and reforms of China’s financial service industry to support economic recovery. Heisthe chairman of National Institution for Finance and Development, and member of the Chinese Academy of Social Sciences (CASS) and International Academy of Sciences for Europe and Asia. He specialises in monetary theory, banking and public finance. Currently, Yi holds positionsincluding vice president of the China Society for Finance & Banking, vice president of the China International Finance Society, among others.Previously, he was vice president of the CASS, member of NPC Financial and Economic Committee and member ofMonetary Policy Committee, People's Bank of China. Li authored and translated 32 books and over 500 articles, chaired more than 40 state-level research projects and international cooperative studies. His is also a five-time recipient of theSun Yefang Economic Science Award, the most important prize for economics in China.
Richard Koo, Chief Economist, Nomura Research
Institute
Richard Koo is the chief economist of Nomura Research Institute. He is best known for developing the concept of balance sheet recession now used worldwide to explain post-1990 Japanese and post-2007 Western economies. Before joining Nomura, Koowas an economist atthe Federal Reserve Bank of New York from 1981 to 1984. Prior to that, he was a doctoral fellow of the Board of Governors of the Federal Reserve System (1979-81). In addition to being one of the first non-Japanese to participate in the making of Japan’s 5-year economic plan, he was also the only non-Japanese member of the Defense Strategy Study Conference of the Japan Ministry of Defense from 1999 to 2011.Hismost well-knownbook “The Holy Grail of Macroeconomics - Lessons from Japan’s Great Recession” has been translated into in six different languages. His latest book “Pursued Economy -Understanding and Overcoming the Challenging New Realities for Advanced Economies” will be published in August 2022.
Steven Barnett, Senior Resident Representative in China,International Monetary Fund (IMF)
Steven Barnett will share International Monetary Fund’s (IMF)World Economic Outlook as updated in July and how IMF adapts its policies and measures to support its member countries, especially emerging marketsto recover and develop in the long run. Barnett has been the IMF’s senior resident representative in China since February 2020. Prior to this, he worked as an advisor to the deputy managing director. He covered Asia for much of his career at IMF. His positions included chief of the China division in the IMF’s Asia and Pacific Department, assistant director at the IMF Office for Asia and the Pacific in Tokyo, resident representative to China, and resident representative to Thailand.
Zhang Jun, Dean, School of Economics,
Fudan University
Zhang Jun will share his views on China’s economy and financial services industry outlook amid uncertainty. He is a professor of economics and currently serves as dean of School of Economics at Fudan University. He is an expert in a vast array of topics including structural change and economic dynamics, the world economy, China economic review, and comparative economic studies. Zhang is the recipient of the Bergson Prize by the American Association for Comparative Economic Studies. For the past 25 years, he has authored or edited numerous books including Economic Transition with Chinese Characteristics: Thirty Years of Reform and Opening Up, Transformation of the Chinese Enterprises. He was also on the editorial board of about 40 academic journals both in Chinese and English. Zhang is also the founding director of the China Centre for Economic Studies.
Hu Jie, Professor of Practice, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University
Hu Jie is currently the professor of practice at the Shanghai Advanced Institute of Finance (SAIF). His research interests cover fintech, financial institutions and financial markets. He is leading a project on the application of blockchain technology on supply chain finance. Professor Hu formerly worked at the US Federal Reserve Bank of Atlanta as a senior financial economist, responsible for research into finance and economics as well as monetary policy analysis and recommendations. Thereafter, he worked in senior management roles in various FIs and technology companies, including Bankers Trust (Hong Kong), BankBoston, Precom and financial business branch of Xunlei.
Zhang Yu, Vice President and General Manager, Banking Department, Tongdun Technology
Zhang Yu will discuss the use of new technologies to accelerate digital transformation for banks. He is currently the vice president and general manager of the banking department at Tongdun Technology, responsible for strategic planning and business development. Zhang has accumulated nearly 20 years of experience in IT application, corporate management consultancy and business operations. Prior to this, he worked for IBM, Cisco and 4Paradigm. While he was vice president at 4Paradigm, Zhang built the commercialisation team that provided solutions to banks. He also set up the strategic cooperation department, responsible for establishing the company’s ecosystem, and accelerating the implementation of solutions in various industries and vertical markets.
Margaret Hu, President, Marketing and Solution Sales, Global Digital Finance, Huawei
Margaret Hu will discuss how infrastructure innovation can empower the digital transformation for financial institutions. She was designated to the global finance business of the enterprise business group (BG) at Huawei in 2021, and is in charge of marketing and sales for financial technology solutions worldwide. She has accumulated over 20 years of experience in the information and communications technology (ICT) sector. She joined Huawei in 2000, successively posted as chief engineer of the global wireless network solution sales department, president of the global wireless marketing department and vice president at the information and communications technology (ICT) strategy marketing department.
Hata Fan, Deputy General Manager, Technology Development for the Distributed Business WeBank; Head, WeBank Blockchain
Hata Fan will discuss how blockchain technology can enable data portability. He joined WeBank’s blockchain team in 2015, leading a team to build an open-source core technology system of consortium blockchain to enable localisation of technologies. His team has worked on hundreds of blockchain application programmes with partners in various industries and promoted the foundation of an open-source ecosystem of domestic consortium blockchain. Prior to this, he worked at Tencent for over ten years. While he was the technical director of Tencent’s mobile app QQ, he witnessed its growth from the initial stage to a super app with over a billion users. He also accumulated rich experience in designing and building distributed server architecture and wireless internet service architecture.
Hugh Zeng, Research Manager, The Asian Banker
Hugh Zeng is a research manager at The Asian Banker, covering risk management and China- related research. Prior to joining the company’s China office, he worked at Lufax and American Express (AMEX) where he was involved in fintech and digital transformation initiatives. Zeng started his career in wealth management and custody at HSBC. He then served as an investment operations officer at OCBC Bank, where he gained exposure to operations and technology, product and project management in the areas of qualified foreign institutional investor (QFII), qualified domestic institutional investor(QDII) and wealth management. He was also instrumental in helping OCBC build its QDII platform in 2011.
Busch Pu, Research Manager, The Asian Banker
Busch Pu is a research manager at The Asian Banker, covering the research on wealth management, ESG, impact investment and some sectors of banking industry, including risk management and financial inclusion. He also manages the Wealth & Society programme in China and several consulting projects. Prior to joining the company, he worked at China Development Bank as a financial analyst, where he conducted research on China's macroprudential policy and capital market regulation and accumulated extensive experience on China's bond market and macro prudential policy. He also had work experience in higher education in Europe and Sino-Italian inter-governmental cooperation programme.
Liu Jinmiao, Vice General Manager, IT Development Center, Ping An Bank
Liu Jinmiao, vice general manager of IT development center at Ping An Bank, will share the bank’s best practices in intelligent risk management. Armed with over 21 years of experience in information technology construction and digital transformation in the banking industry, he took the initiative to build the architecture of the data service, data governance and artificial intelligence for the bank. Prior to this, Liu worked for Bank of China and China Everbright Bank. In the course of his career, he has won the Fintech Development Award presented by People's Bank of China several times. He also participated in the white paper titled “Big Data Governance for Commercial Banks” issued by the China Banking Regulatory Commission, and wrote articles for industry publications such as Financial Computerizing and Financial Computer of China.
Wen Jinwei, Deputy General Manager, Internet Finance and General Manager, Platform Financial Development Centre, Industrial and Commercial Bank of China (ICBC)
Wen Jinwei will share best practices of open banking at ICBC. He has extensive experience in building large international banking systems and expertise on internet finance, big data and artificial intelligence. Wen has participated in the Crossover Innovation Leadership Training Program hosted by Sloan School of Management, Massachusetts Institute of Technology (MIT).
Zong Liang, Lead Researcher, Bank of China
Zong Liang has been invited to share his views on the further opening-up of the Chinese capital market. He currently serves as the lead researcher at Bank of China, and secretary general and member of academic committee of Cross Border Finance 50. In the past few years, Zong was involved in more than 20 research projects and published more than 200 papers in a number of well-known journals such as Studies of International Finance and Financial Times. He also participated in the completion of more than 10 professional books such as The End of Globalization (November 2020), Theories and Prospects of RMB Internationalization, and Global Financial Change after the Crisis.
Li Zhen, Assistant General Manager, Tianyi E-Commerce
Li Zhen will share her view on anti-fraud measures in e-payments. She is currently the assistant general manager and chief risk officer of Tianyi E-Commerce. She is also in charge of the bid data department at the company. In addition, she also serves as supervisor of Tianyi Credit Information and supervisor of Tianyi Digital Technology (Beijing).
Xu Qiyuan, Senior Fellow and Deputy Director, Institute of World Economics and Politics, Chinese Academy of Social Sciences
Xu Qiyuan is senior fellow and deputy director at Institute of World Economics and Politics (IWEP), Chinese Academy of Social Sciences. He joined IWEP in 2008 and, in 2012, became an advisor to the international collaboration department of the Ministry of Finance of People’s Republic of China since 2012. Xu also sits in the IWEP work team which issues a quarterly report on global macroeconomics of China’s External Economic Environment (CEEM). He is in charge of the research on China’s economy and international economic policy. He has published 60 academic papers, and hundreds of columns in leading media outfits in Chinese and English including those in Financial Times and Financial World. He has also published five books on China’s economy and international finance.
Chen Yajuan, Chief Operating Officer and General Manager, Analytics and Empowerment Business Unit, WISECO Technology
Chen Yajuan is currently the chief operating officer and general manager, analytics and empowerment business unit, of WISECO Technology. For the company, she built a digital operation system providing full credit life cycle solutions that helps clients improve risk management and customer acquisition. She has more than 20-year experience in data decision-making management and solutions. Before joining WISECO, Chen worked as the director of solutions and director of big data scoring operations at Fair Isaac Corporation China, facilitating the formation of data scoring system.
Shen Yan, Deputy Director, Institute of Digital Finance and Professor of Finance, National School of Development, Peking University
Shen Yan is deputy director of the institute of digital finance and professor of finance of the national school of development at Peking University. She is also deputy director of the ministry of education at Peking University Human Capital and National Policy Research Center, associate editor of China Economic Journal, distinguished scholar of quantitative economics in China, vice president of the Chinese Society for Quantitative Economics, and a member of the China Finance Association. Her recent research interests are focused on digital finance, big data analytics and program evaluation. Shen has published papers in Journal of Public Economics, Journal of Econometrics, and top Chinese journals including Economic Research Journals, Management World, Financial Research, The Journal of Quantitative & Technical Economics. She has won the “best paper of the year” award in Financial Research.
John Gong, Vice President, Research and Strategy, University of International Business and Economics - Israel
John Gong currently is the vice president of research and strategy at University of International Business and Economics in Israel. He is also a professor, researcher and expert in the fields of finance, international trade, antitrust, patent dispute and competition policies. He serves as an expert consultant at the Ministry of Commerce’s Antitrust Bureau in China, and acted as the chief architect of the Bureau’s national competition database project. Meanwhile, he is serving as an academic affiliate with Global Economics Group, a leading global economics consulting firm based in the US. He is also the principal author for the China section of the policy position paper by the BRICS New World Bank’s steering committee during its foundation time. He is also a renowned op-ed columnist for several leading newspapers including the South China Morning Post, Global Times and China Global Television Network, on economic and political issues.
Zhang Yongqiang, Expert, Internet Finance, Industrial and Commercial Bank of China
Zhang Yongqiang is an internet finance expert at Industrial and Commercial Bank of China. He has more than 20 years of experience in banking management.