Summit Held at BFC

Release time:2016-11-20 Content sourced from: Page View:

  Fosun’s 2016 The Bund Global Financial Summit was held on November 19 at the newly completed Shanghai’s Bund Finance Center (BFC), organized by the Yabuli Chinese Entrepreneurs Forum and the Shanghai Chamber of Commerce of Zhejiang.

The summit “Global Cities and Financial Innovation” addressed Shanghai’s two core topics of building a “global city” and an international financial center. Shanghai Vice Mayor Zhou Bo attended the conference and gave an opening remarks along with Yabuli Chinese Entrepreneurs Forum Director and Fosun Group Chairman Guo Guangchang. Zheng Yang, the secretary of the Party committee of Shanghai Finance and director of the Shanghai Municipal Financial Service Office, Tang Zhiping, the secretary of the CPC Huangpu District Committee, Gao Yun, the district mayor of Huangpu District Government, Chen Zhuofu, the deputy director of the Huangpu District, and other leaders were also present at the summit.

  Bund Financial Summit Officially Settles in BFC

  As the financial icon of high quality Shanghai’s Central Activity Zone (CAZ) and the Bund-Lujiazui district, the Bund Finance Center (BFC) has officially decided to locate itself in Huangpu District.

  With a concise opening ceremony, the summit announced that the Bund Financial Summit will be officially and permanently located at the Bund Finance Center (BFC). This first experiential financial center at the heart of the Bund finance cluster will "light up" the Bund, fully demonstrate the new outlook and new momentum behind the construction of the Bund finance cluster.

  Outstanding keynote speeches focusing on the theme of global cities and financial innovation were delivered by former Federal Deposit Insurance Corporation Chairman Sheila Bair, Wanda Group Chairman Wang Jianlin, China-Central and Eastern European Financial Corporation (China and Central and Eastern European Fund) Chairman, Former Chairman of Industrial and Commercial Bank of China Jiang Jianqing, China Minsheng Bank Chairman Hong Qi, and Gree Electrical Appliances Chairman and President Dong Mingzhu.

  Over 300 of the world's influential financial entrepreneurs and business leaders were in attendance at the summit, including Alibaba Group Chairman Jack Ma, Taikang Insurance Group Chairman and CEO Chen Dongsheng, Xinhua Life Insurance Chairman and CEO Wan Feng, China Ping An Insurance General Manager Ren Huichuan, Nan Fung Group CEO Anthony Leung, Shui On Group President Vincent Lo, Digital China Holdings Limited Chairman Guo Wei, Huatai Insurance Group Chairman and CEO Wang Zimu, JuneYao Group Chairman Wang Junjin, and Fosun Group Vice Chairman and CEO Liang Xinjun.

  Since the first summit was held in 2013, the Bund Global Financial Summit has been hosted for four consecutive years and has successfully built a themed communication platform for governments, the financial sector, and the business community. The event promotes global conversation and collaboration in the financial field.

  Highlights from the 2016 Bund Financial Summit

  Business Leaders Gather in the Bund

Shanghai Vice Mayor Zhou Bo: By the beginning of Bund Financial Summit, it has closely followed financial innovation and market reforms while promoting communication and exchange between government and the financial sector and business community. The event plays an active and important role in promoting Chinese financial reforms and innovation, and establishing Shanghai as an international finance center.

Yabuli Chinese Entrepreneurs Forum Director and Fosun Group Chairman Guo Guangchang: When engaging in “global cities” financial innovation, I think there are several aspects that are very important for us to keep in mind. The first is to further promote openness. Second, through openness, we must have a set of financial enterprises competing on a global scale on behalf of China. Third, technology must be integrated with finance. Private finance is more than just a showstopper, but is actually an important core component of success. Fourth, finance must serve industry. The answer to solving these financial pain points is to become a financial enterprise. I believe that tomorrow’s market will span across borders.

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