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.