The Era of Innovations: Leading the Future of Finance in China
China has been experiencing a miracle in the last few decades, with robust economic growth and a rising standard of living at an unprecedented pace. In order to bolster such a booming economy, the demand for finance is escalating. Now, the industry is embracing revolutionized changes, particularly in the realm of fintech and green finance. Behind this miracle lies the country’s unique technology ecosystem: a nation of technophiles, the underdeveloped banking industry and a government-sponsored innovation drive pounced on by a new generation of hungry Chinese entrepreneurs. From continual e-commerce accomplishments to a boom in blockchain and AI innovation, Fintech in China is expanding rapidly, with the industry’s total revenue expected to reach 460 billion RMB by 2020. On the other hand, green finance has been a crucial factor in driving sustainability considerations in China. In 2017, China was the world’s second largest green bond market. President Xi has also prioritised the development of green finance in the 13th Five Year Plan. Chinese regulators played a leading role in incorporating green finance into macro-prudential assessment systems, as well as pursuing greater ESG investment. Data also showed that nearly 500 green private equity funds were established in the first quarter of 2018, funding the rise of green startups with the application of fintech.
Mr Yang Du
Mr. Yang Du is the Managing Director and Head of Asset Management at the China Securities International. Yang leads the fixed income and equity strategies particularly focused on serving the Chinese investors in overseas markets. He had 13 years of experience of studying and working in the UK. Previously, Yang worked as the Partner and Managing Director at Yaozi Asset Management Co., LLP, he also served Thomson Reuters as Director of the RMB and China Strategy as well as Head of the China Desk. Mr. Yang Du contributed significantly in making the UK an RMB offshore centre. He has been pivotal in building the RMB community in London where he co-founded the RMB Interest Group in 2013. His proven expertise and reputation in the field of RMB internationalization is a major influence in the UK and beyond. In 2015, Yang was awarded the Chinese Business Leaders Award for International Contribution. He is a frequent speaker at global conferences and visiting professor at the University of Cambridge.
Ms Chen Xin
Ms. Chen Xin has over 27 years of experience in the financial industry, including 20 years in the Central Bank of China, out of which 13 of were spent in the UK. She has successfully established three institutions in the UK, including Shanghai Pudong Development Bank London branch where she is currently the General Manager. Chen engages in whole workflow management of FX reserves from front to back offices, the application and management of commercial bank’s overseas institutions, and the preparation and operation of overseas asset management firms. Chen was also a former managing director of different divisions within the Foreign Exchange Reserve Management Department in SAFE.
DR. Bo Ji
Bo Ji is currently the Assistant Dean & Chief Representative for Europe at Cheung Kong Graduate School of Business (CKGSB), a top business school with more than 10,000 chairman/CEO level alumni in China. Bo has had an impressive career spanning over-20-years. His experience ranges from Global Business Development, Innovation, Strategy, Supply Chain, Management, M&A, to serving as a senior executive at many Fortune 500 companies including Monsanto, Cargill, Pfizer, Wrigley and Mars. Following this, Bo became a serial entrepreneur and investor founding the “China Start” initiative to bring global startups to China. On top of his his extensive business experience, Bo has taught at teaching EMBA/MBA at some of the world’s most prestigious business schools such as INSEAD, Esade, MIT, New York University, Sydney School of Entrepreneurship, Hong Kong University of Science and Technology, Technology University of Munich (TUM), Tsinghua University, CKGSB, Zhejiang University, Sun Yat-sen University, Shanghai Jiaotong University and Taiwan’s National Chengchi University.