2007 China Bankers Forum:
Who Will Be the Winners?
Less than a year after opening fully to foreign investment, China’s banking sector is in flux as multinational and domestic financial institutions battle for turf in this vast, underdeveloped, and newly opened territory. CEIBS first annual China Bankers Forum, held June 30, gave a clear view into this emerging sector and the wide variety of players now vying for market share.
Providing a one-day, guided tour of China’s volatile but promising banking industry, CEIBS held its first annual China Bankers Forum on June 30. Entitled "Emerging Landscape of China's Banking Structure: Who Will Be the Winners?", the forum provided a survey of the fast-changing landscape of this industry six months after China fully opened its banking sector to foreign investment, in line with WTO commitments.
The conference guest speakers explored the opportunities facing domestic and multinational financial institutions preparing to expand in China’s vast and underdeveloped banking market. All told, 28 China policymakers and internationally renowned financial experts shared their industry insight with CEIBS.
Co-sponsored by Caijing Magazine Finance Series, the event attracted more than 300 guests including banking and finance executives, officials, and academics as well as 80 members of the international and Chinese domestic media. To follow are excerpts of the addresses delivered by the 2007 China Bankers Forum keynote speakers.
People’s Bank of China Deputy Governor Wu Xiaoling on the Challenges Facing China Banks
Morgan Stanley Asia Chairman Stephen Roach Identifies Hurdles for China’s Overall Economic Reform, Banking Reform
CEIBS Economics Professor Xu Xiaonian On Resolving China’s Excess Liquidity
China Merchant Bank President Ma Weihua Shares the Secrets of CMB’s Successes
Bank of China Vice President Zhu Min on the Market Potential for Fee-based Income
2007 China Bankers Forum Speakers Roster
Wu Xiaoling,
Deputy Governor of the People’s Bank of China
Feng Guoqin
Executive Vice Mayor of Shanghai Municipal Government
Jiang Dingzhi
Vice Chairman and Deputy Secretary of the Committee of CCP, China Banking Regulatory Commission of PRC
Wu Jinglian
BaoSteel Chair Professor of Economics of CEIBS; Research Fellow of the Development Research Centre of the State Council of PRC
Li Jun
Vice Chairman and President of Bank of Communications
Ma Weihua
President of China Merchants Bank
Zhu Min
Group Executive Vice President of Bank of China, Adjunct Professor of CEIBS
Xu Xiaonian
Professor of Economics and Finance of CEIBS
Hu Zuliu
Managing Director of Goldman Sachs Asia
Fang Xinghai
Deputy Director of Shanghai Municipal Government Financial Service Office
Wang Jun
Senior Financial Sector Specialist of the World Bank Office, Beijing
Stephen S. Roach
Asia Chairman of Morgan Stanley
Andrew Crockett
President of JP Morgan Chase International
Jeroen Drost
CEO of ABN AMRO Asia
Richard D. Stanley
China CEO of Citigroup
Francisco Martin Lopez-Quesada
Executive Vice President and Advisor to the CEO for Asia of Banco Santander