Officials urge fixing excess financial innovations

China should resolve to reorganize redundant financial innovations that do no good for the sector's development and the real economy, senior officials from the country's financial regulators have said.

China establishes new financial think tank

China has set up a state finance institute, expected to become the country's leading financial think tank, to address increasing complexity and the country's progress in opening-up and reform.

About the forum

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Theme: Reform - The new odyssey for development
Date: May 10-12, 2014
Venue: Tsinghua University
Host: Tsinghua University
Organizers: People's Bank of China (PBC) School of Finance, Tsinghua University Tsinghua National Institute of Financial Research
Co-organizer: Tsinghua Financial Review

Agenda of the Tsinghua PBCSF Global Finance Forum - May 10

Morning

9:00 - 9:30 Opening speeches and founding ceremony of Tsinghua University School of National Finance

9:30 - 11:00 Plenary session I: Transition and balance of the world economy

Host: LI Jiange, chairman, Shenyin and Wanguo Securities Co., Ltd.; co-dean, Tsinghua University School of National Finance

Speakers:

Leader from China Banking Regulatory Commission (CBRC)

Leader from China Securities Regulatory Commission (CSRC)

Leader from China Insurance Regulatory Commission (CIRC)

11:00 - 12:30 Themed sub-forum I: The establishment and development of a multi-level capital market and investor protection

Host: QI Bin, director, CSRC Innovative Business Supervision Department; director, CSRC Research Center; executive president, Beijing Securities and Futures Research Institute

Panelists:

SONG Liping, president, Shenzhen Stock Exchange; member, Tsinghua PBCSF Strategic Council

ZHANG Shenfeng, chairman, China Financial Futures Exchange

LI Liang, director, CSRC Investor Protection Bureau

WANG Dongming, chairman, CITIC Securities Co., Ltd.

HE Ru, chairman, Guosen Securities Co., Ltd.

Afternoon

14:00 - 15:30 Keynote speech

Host: WU Xiaoling, chairwoman and dean, Tsinghua PBCSF; dean, Tsinghua University School of National Finance

Speaker: Leader from PBC

15:45 - 17:15 Themed Sub-forum II: E-finance

Organizers: China Financial Certification Authority, Cebnet.com.cn

Host: LIAO Min, director, CBRC Shanghai Office

Panelists:

Leader from PBC

GU Shu, vice president, Industrial and Commercial Bank of China

FAN Dazhi, president, Huaxia Bank

MA Weihua, chairman, Wing Lung Bank Ltd.; former president, China Merchants Bank; member, PBCSF Academic Advisory Committee

ZHANG Weigong, chairman and founder, Sunshine Insurance Group

LAI Zhiming, general manager, Tenpay

GUO Shuqiang, general manager, Tian Hong Asset Management Co., Ltd.

Soul HTITE, co-founder, Lending Club

LIAO Li, executive associate dean, Tsinghua PBCSF; associate dean, Tsinghua University School of National Finance

JI Xiaojie, general manager, China Financial Certification Authority

Evening

19:00 - 21:30 Evening Talk I: E-finance innovation night

Host: Gloria AI, independent TV anchor and reporter; founder, iASK Studio

I. Opening speech

LIAO Li, executive associate dean, Tsinghua PBCSF; associate dean, Tsinghua University School of National Finance

II. Risk management innovation: Supervision and self-discipline

Panelists:

FAN Shuangwen, vice director, PBC Payment and Settlement Department

WANG Kejin, vice director, CBRC Supervisory Rules and Regulations Department

DONG Junfeng, assistant general manager, E-banking Department, Bank of China

WANG Mei, vice general manager, China Financial Certification Authority

CHEN Huan, chief strategy officer, CreditEase

III. New program launch ceremony

IV. Model innovation: Potential and trends forecast

Panelists:

SHENG Jia, CEO, NFC Group

GU Chenwei, president, Wacai.com

HE Jianbo, CEO, ijiacai.com

Justin SUN, chief representative, Ripple Labs Greater China

LI Lin, CEO, Huobi.com

AN Danfang, COO, Jinxin Caifu

19:00 - 21:00 Evening Talk II: Management and inheritance of family-owned corporations

Host: GAO Hao, director, Tsinghua PBCSF Global Family Business Program; executive director, China Financial Case Center

Panelists:

Randel S. CARLOCK, founding director and professor, INSEAD Wendel International Centre for Family Enterprise

Ailian CHEN, chairwoman, Wanfeng Auto Holding Group Co., Ltd.

SHAO Zhongyi, chairman, Shandong Chenxi Group Co.

XU Lixun, president, Anhui Huamao Group Co., Ltd.

19:00 - 20:30 Evening Talk III: Real estate finance and asset securitization

Host: Peng LIU, associate professor, Cornell University

Panelists:

CAO Quanwei, vice dean and Unigroup chair professor, Tsinghua PBCSF

Johnson CHNG, partner and managing director, A.T. Kearney AT Greater China

KWOK Ping Ho, Patrick, executive director, Henderson Land Development Co., Ltd.

David ZHANG, director and general manager, Investment Banking Division, Credit Suisse

CHEN Changchun, senior vice president, Gemdale Corporation; chairman, Gemdale Wins Investment Co., Ltd.

19:00 - 20:30 Evening Talk IV: Tsinghua PBCSF alumni night - coping with the new dynamics of world finance

Supporter: Tsinghua PBCSF Alumni Association

Host: ZHANG Zhi Ping, chairman, Oriental Patron Financial Group; council member, Tsinghua PBCSF; president, Tsinghua PBCSF Alumni Association

Panelists:

XIA Bin, State Council counselor; former director, State Council Development Research Center

WANG Yixuan, director, Shenzhen Stock Exchange Research Institute; secretary general, Capital Market Research Institute

GAO Shanwen, chief economist, Essence Securities

LU Lei, president, Guangdong University of Finance

Ning MA, co-head, Goldman Sachs Asia-Pacific Investment Research; CEO, Goldman Sachs Gao Hua Securities Co., Ltd.

19:00 - 20:30 Tsinghua PBCSF EMBA night