DAY 1 (BY INVITATION ONLY)
Opening Speech:
• Steve Varley: Chairman, Partner, EY United Kingdom & Ireland
• Prof Craig Calhoun: Director of London School of Economics and Political Science
Banking on the future
Co-operation between the two countries in the finance sector has increased significantly in the past few years. Important steps have been taken by the two countries to ensure that strengthening ties will provide significant opportunities for both economies. In particualr, for the UK's financial and related professional services industry, this will result in new projects that deliver jobs, generate economic growth and boost competitiveness in the international arena.
One issue of particular interest in the financial sector is the internationalisation of the Renminbi (RMB). Following the introduction of Qualified Foreign Institutional Investor programme, London has become one of the most important offshore RMB markets outside Asia.The emergence of the RMB as a global currency is an imminent opportunity for the UK-China trade. As a global financial hub, London’s unique blend of expertise and its position as the gateway to Europe means it can make a major contribution to the internationalisation of the RMB. By setting up an RMB clearing bank, the two countries have realised direct exchange between RMB and the Great British Pound (GBP). This progression is conducive to completing the market infrastructure, reducing transaction costs and exchange risks, and facilitating the development of mutual investment and trade.
The evolving financial market reform and liberalisation in China has reduced red tape and provided incentives for domestic financial institutions to collaborate with foreign counterparts, prompting the maturity of Chinese financial market and international recognition of the RMB. In this context, what are the opportunities and challenges presented to China and the UK in deepening the cooperation in the financial services industry?
Panel:
• Bridget Walsh, Partner, Head of EY Greater China Business Services
• Xilai Feng, CEO, China Construction Bank London
• Rongrong Huo, Head of China and RMB Business Development, HSBC
• Juliet Zhou, Finance Sector Specialist, China Britain Business Council
• Bridget Walsh, Partner, Head of EY Greater China Business Services
• Xilai Feng, CEO, China Construction Bank London
• Rongrong Huo, Head of China and RMB Business Development, HSBC
• Juliet Zhou, Finance Sector Specialist, China Britain Business Council
Digital Transformation
China is in the midst of an unprecedented digital revolution. With 632 million users, the internet is transforming the world’s second largest economy and the daily life of ordinary Chinese people at a fast pace. In 2013, the number of active smart devices nearly doubled from 380 million to 700 million. On Singles Day (11th November), the e-commerce giants Taobao and recorded more than RMB 36 billion in sales in just 24 hours.
As digitalisation penetrates more deeply into China, advanced technologies such as big data and cloud computing are reshaping the landscape of its economy. Many professionals predicted that China will soon become world’s most important data market.
China’s government has signaled its intention to help domestic enterprises develop the infrastructure necessary to store and analyse big data. Meanwhile, leading Chinese firms, especially online retailers, have already incorporated the analytical statistics extracted from big data into planning their business strategies. Jack Ma, founder and former chief executive officer of China’s e-retail giant Alibaba, announced that the company should focus on three pillars of future business: e-commerce, SME finance, and data mining. It is thought-provoking to examine the impact of these changes on the consumer sector, and how British companies can leverage their advanced technology to expand quickly in the data market in China.
Panel:
• Fabian Wong, Partner, Global Trade, EY EMEIA
• George Mackintosh, CEO, TestPlant
• Nathan MacDonald, Co-founder, We Are Social
• Feng Lin, Founder and CEO, DealGlobe
• Fabian Wong, Partner, Global Trade, EY EMEIA
• George Mackintosh, CEO, TestPlant
• Nathan MacDonald, Co-founder, We Are Social
• Feng Lin, Founder and CEO, DealGlobe
Lifestyle
The emerging middle class in China has brought explosive growth in the tourism and luxury goods sectors. There are also developments in the healthcare sector such as medical tourism.
The lifestyle market has recorded double-digit growth in the last few years. For example, Chinese consumers are not only travelling more often, but also demanding a more personalised service. In the food and beverage sector, the variety of food has greatly increased in the past few years. Although the choice of food is increasing, concerns over food safety have been raised after a series of recent scandals. It is certain that the middle class in China are shifting their focus from variety to quality and safety.
With the slowdown in economic growth and the crackdown on corrupt gifting economy,how will the lifestyle industries in China develop in the next few years?
Panel:
• Jeff Cao, Head of Asia Pacific, London & Partners
• Junjie Ge, Vice President, Bright Food Group
• Jeff Cao, Head of Asia Pacific, London & Partners
• Junjie Ge, Vice President, Bright Food Group
• Celine Chen, Executive Director, House of Fraser (TBC)
Closing Speech:
• Stephen Perry: Chairman of The 48 Group Club
• Stephen Perry: Chairman of The 48 Group Club
China-Britain Young Leaders Session
Speakers
SPEAKERS
Copyright © LSE SU China Development Society « All rights reserved.
The Young Leaders Session on the first day of LSE SU China Development Forum will take place at the EY London Bridge office in the afternoon of Friday, 6 February 2015.
This session provides a platform for Chinese and British youth to better understand each other'sperspectives, identify obstacles to integration, explore how these obstacles might be overcome, and discuss economic opportunities presented by greater co-operation. The growing numbers of young Chinese in the UK andyoung Brits in China presents a great opportunity for strengthened relations and cooperation between young people from China and the UK. However, we also recognise that integration presents challenges.
Now in its seventh year, the annual CDF is the largest student-run China-themed forum across Europe. It aims to establish a platform for vibrant, in-depth intellectual discussions on China amongst students, academics and professionals as well as building a bridge to promote mutual understanding. The CDF 2015 will take placeat EY London Office and London School of Economics and Political Science on Friday and Saturday, the 6th and 7th of February 2015 respectively.
As part of the CDF,the Young Leaders Session will bring 30 young Chinese and British youth and representatives from related organisations. The Session is co-hosted by LSE SU China Development Society, EY, and China-Britain Youth Association.
The confirmed representatives at the Young Leaders Session include:
l Lu Hong - Coordinator of Confucius Institute for Business London
l Kevin van Cauter - Higher Education Advisor, British Council
Chinese and British nationals under the age of 30 are eligible to apply. If you are interested, please fill inan online survey at https://www.surveymonkey.com/s/chinadevelopmentforum and send their CVs to youngleaders@lsecds.org. The deadline for submission is Monday, 19th January 2015. Successful application will also be invited to the LSE SU China Development Forum in collaboration with EY, which will take place at the EY's London office in the morning of Friday, 6 February 2015.
If you have any further question about the Young Leaders Session or China Development Forum, please do not hesitate to contact us at h.lin@lsecds.org
China-Britain Young Leaders
Session
DAY 1 (BY INVITATION ONLY)
China-Britain Young Leaders Session
The Young Leaders Session on the first day of LSE SU China Development Forum will take place at the EY London Bridge office in the afternoon of Friday, 6 February 2015.
This session provides a platform for Chinese and British youth to better understand each other'sperspectives, identify obstacles to integration, explore how these obstacles might be overcome, and discuss economic opportunities presented by greater co-operation. The growing numbers of young Chinese in the UK andyoung Brits in China presents a great opportunity for strengthened relations and cooperation between young people from China and the UK. However, we also recognise that integration presents challenges.
Now in its seventh year, the annual CDF is the largest student-run China-themed forum across Europe. It aims to establish a platform for vibrant, in-depth intellectual discussions on China amongst students, academics and professionals as well as building a bridge to promote mutual understanding. The CDF 2015 will take placeat EY London Office and London School of Economics and Political Science on Friday and Saturday, the 6th and 7th of February 2015 respectively.
As part of the CDF,the Young Leaders Session will bring 30 young Chinese and British youth and representatives from related organisations. The Session is co-hosted by LSE SU China Development Society, EY, and China-Britain Youth Association.
The confirmed representatives at the Young Leaders Session include:
l Lu Hong - Coordinator of Confucius Institute for Business London
l Kevin van Cauter - Higher Education Advisor, British Council
Chinese and British nationals under the age of 30 are eligible to apply. If you are interested, please fill inan online survey at https://www.surveymonkey.com/s/chinadevelopmentforum and send their CVs to youngleaders@lsecds.org. The deadline for submission is Monday, 19th January 2015. Successful application will also be invited to the LSE SU China Development Forum in collaboration with EY, which will take place at the EY's London office in the morning of Friday, 6 February 2015.
If you have any further question about the Young Leaders Session or China Development Forum, please do not hesitate to contact us at h.lin@lsecds.org .
No comments:
Post a Comment