Registration
Level 1, River Wing, Pudong Shangri-La Hotel, Shanghai

Night Chat by the Huangpu I: Cooperation Among the Financial Sectors of Hong Kong, Taiwan and Mainland
Grand Ballroom I, Grand Hyatt Shanghai

Hong Kong, Taiwan and Mainland China, different in growth stage and complementary in resources, are poised to have closer economic ties. How can the three jurisdictions deepen their financial cooperation for the purpose of more fruitful economic cooperation? As RMB is set to be become an international currency and Shanghai to become a global financial center, how can financial institutions in different regions leverage these new opportunities and work more closely together? How to facilitate the flow and mutual acceptance of public companies and investors for the common development of the three securities markets? What can Shanghai do to promote such cooperation?

Chair:
XIAO Geng Founding Director, The Brookings-Tsinghua Center for Public Policy

Panelists:
Charles LI Chief Executive, Hong Kong Exchanges and Clearing Limited
YUNG Con-Sing Director & Executive Vice-President, The Shanghai Commercial & Saving Bank, Ltd.
Samuel J.S. HSU President, Taiwan Stock Exchange Corporation
James LIU Executive Vice President, Shanghai Stock Exchange
XU Xiaonian Professor of Economics and Finance, China Europe International Business School
YANG Zaiping Executive Vice President, China Banking Association

Night Chat by the Huangpu II: Environment for the Growth of PE and VC in China
Grand Ballroom II, Grand Hyatt, Shanghai

The launch of ChiNext is a watershed event for the PE and VC community in China. The era of rapid expansion, which came to a halt due to the financial crisis, will be replaced by a highly competitive one where only the truly qualified PEs and VCs can survive. However, many new opportunities may arise from China’s pursuit of economic restructuring and scientific development. Although few doubt the bright future of VC/PE in China, there are many challenges ahead. How to appropriately regulate them? How to promote LP in China? What are the requisite capacities and qualities for future winners?

Chair:
QI Bin Director-General, Research Center, China Securities Regulatory Commission

Panelists:
XU Lin Director, Department of Fiscal and Financial Affairs, National Development and Reform Commission
SHI Zhengfu Founder and CEO, Comway Capital Group Limited
Antony LEUNG Chairman, Greater China, Blackstone Group
LI Shan Founding Principal, San Shan Capital Partners
LIU Lefei Chairman and CEO, CITIC Private Equity Funds Management Co., Ltd.
LV Houjun President, Gimpo Industrial Investment Fund Management Co., Ltd.
YU Jianming Managing Partner, New Horizon Capital

Night Chat by the Huangpu III: Role of Local Government in the Development of China’s Financial Industry
Grand Ballroom III, Grand Hyatt, Shanghai

In China, many provincial financial services offices (FSOs) have been set up for the purpose of financial and economic development. How to define the relationship between FSOs and central regulatory bodies? How to improve the communication between FSOs and local branches of central regulators? How to encourage differentiation vis-à-vis homogeneity? How to ensure that FSOs are efficient and innovative institutions rather than cost-generating administrative burdens? Should China switch to a two-tier regulatory system and delegate some power to the local governments?

Chair:
WU Xiaoling Member, The Standing Committee, The National People's Congress, People’s Republic of China; Vice Chairman, The Financial and Economic Committee, The National People's Congress, People’s Republic of China; Director, CEIBS Lujiazui International Finance Research Center

Panelists:
WANG Hong Director General, Beijing Municipal Bureau of Financial Work
FANG Xinghai Director-General, Financial Services Office, Shanghai Municipal Government
LUO Guang Director-General, Financial Affairs Office, Chongqing Municipal Government
DING Minzhe Director, The Financial Affairs Office, Zhejiang Provincial Government
YAN Qingmin Director-General, Shanghai Office, China Banking Regulatory Commission
LI Lin Director-General, Office of Financial Development Service, The People’s Government of Shenzhen Municipality

Night Chat by the Huangpu IV: Low-Carbon Economy and the Future of Green Finance
Crystal Ballroom I, Grand Hyatt, Shanghai

The Copenhagen Climate Summit is the beginning of a long journey. As a major developing country, China has promised a 40-45% carbon intensity cut from 2005 to 2020. How can domestic financial institutions contribute to the goal of “green finance” through innovating their services and fund the right clients/projects? How to unleash the market’s potential through a well-established carbon trading system? How can securities market innovate to embrace the “low-carbon” era?

Chair:
Hugo SHONG Founding General Partner, IDG Capital Partners

Panelists:
FU Jianhua Vice Chairman of the Board of Directors and President, Shanghai Pudong Development Bank
WANG Shuo Editor, Caixin Media
WU Guojun Deputy Dean, China Academy of Financial Research, Shanghai Jiao Tong University
Jeff HUANG Vice President, Chicago Climate Exchange
LI Jian General Manager, Shanghai Environment and Energy Exchange

Night Chat by the Huangpu V: Evolution of the International Monetary System: USD, Euro and RMB
Crystal Ballroom II, Grand Hyatt, Shanghai

The fall of the much-criticized US Dollar, as was predicted by many during the crisis, has not materialized. Is the Dollar able to keep its position as the dominant currency, given the call for global monetary reform and the ever-increasing budget deficits of the United States? Will the Euro, once regarded as a great economic invention, survive the sovereign-debt crisis? Undoubtedly, the entire Union is being challenged this time. RMB is set to become a global currency, but how? How can we reform the financial system and nurture the market in such a way as to make that happen?

Chair:
Geoff DYER China Bureau Chief, Financial Times

Panelists:
XIE Duo Director, Financial Market Department, The People’s Bank of China
HE Dong Executive Director, Hong Kong Monetary Authority
Richard PORTES Professor of Economics, London Business School
HA Jiming Chief Economist, China International Capital Corporation Limited
Andy XIE Director, Rosetta Stone Capital Limited
David LI Director, Center for China in the World Economy, Tsinghua University; Council Member, Monetary Policy Committee, People’s Bank of China
Robert OPHELE Director General, Directorate General Operations, Banque de France

Night Chat by the Huangpu VI: Development of Futures and Derivatives Markets(Supported by China Financial Futures Exchange)
Crystal Ballroom III, Grand Hyatt, Shanghai

The launching of CSI300 Index Futures on April 16th of 2010 symbolizes a new era of China’s futures and derivatives market. How will that impacts the market? What is the regulatory goal of futures market in China? How shall we deal with the relationship between innovation and regulation? Facing the new market dynamics, how should the market participants respond? What experiences shall we draw from the overseas markets? What are the advantages and disadvantages of China’s futures market compared with the overseas markets? Towards what direction will China’s market develop?

Chair:
HU Zheng Deputy CEO, China Financial Futures Exchange

Panelists:
William J. BRODSKY Chairman and Chief Executive Officer, Chicago Board Options Exchange; Chairman, World Federation of Exchanges
Carl HUTTENLOCHER Managing Director, Highbridge Capital Management
SONG Anping Deputy Director-General, Department of Futures Supervision I, China Securities Regulatory Commission
SHEN Xiangrong Chairman, Shanghai Gold Exchange
YANG Maijun General Manager, Shanghai Futures Exchange
ZHU Yuchen CEO, China Financial Futures Exchange
DANG Jian President, Shanghai Orient Securities Futures Co., Ltd.

Registration
Level 1, Grand Tower

Opening
China Hall, Level 3, Grand Tower

Chair and Welcome Speech:
SHANG Fulin Chairman, China Securities Regulatory Commission; Co-Chairman of Lujiazui Forum 2010

Opening Keynote Speech
China Hall, Level 3, Grand Tower

A Chinese National Leader

Plenary Session I: Financial Sector Development: Facing the Challenges of Economic Recovery and Meeting the Need to Change Economic Growth Pattern
China Hall, Level 3, Grand Tower

Chair:
WU Dingfu Chairman, China Insurance Regulatory Commission

Keynote Speeches:
LIU Mingkang Chairman, China Banking Regulatory Commission
SHANG Fulin Chairman, China Securities Regulatory Commission

Chair:
LIU Mingkang Chairman, China Banking Regulatory Commission

Keynote Speeches:
WU Dingfu Chairman, China Insurance Regulatory Commission
YI Gang Deputy Governor, The People’s Bank of China

Plenary Session II: Global Financial Cooperation and Regulatory Reform
China Hall, Level 3, Grand Tower

Hardly has one wave subsided when another rises: The European sovereign debt crisis is worsened when the financial crisis in the aftermath of the US subprime crisis hasn’t yet be calmed down. No consensus has been reached on how to move forward with the reform to the global financial system. How will the financial reform in US evolve? How should key countries coordinate to avoid regulatory arbitrage? What roles are expected for IMF, FSB and BIS in fostering consensus? What are the priorities for global financial reform?

Chair:
Andrew SHENG Chief Advisor, China Banking Regulatory Commission

Panelists:
WANG Huaqing Vice Chairman, China Banking Regulatory Commission
Marisa LAGO Assistant Secretary for International Markets and Development, Department of the Treasury, United States
John LAKER Chairman, Australian Prudential Regulation Authority
James H. QUIGLEY Chief Executive Officer, Deloitte Touche Tohmatsu
Atsushi SAITO President & CEO, Tokyo Stock Exchange Group, Inc.
Shumeet BANERJI Chief Executive Officer, Booz & Company

Welcome Luncheon by Forum Co-Chairmen
Chang’an & Luoyang, Level 3, River Wing

Welcome Speech:
HAN Zheng Mayor of Shanghai; Co-Chairman of Lujiazui Forum 2010

Keynote Speech:
“Learning the Right Lessons from the Financial Crisis”
China Hall I & II, Level 3, Grand Tower

Plenary Session III: Shanghai in 2020 and the Evolving Landscape of Global Financial Centers
China Hall I & II, Level 3, Grand Tower

The rapid and sustained economic growth of China and the global inancial crisis represent both opportunities and challenges for Shanghai to become an international financial center by 2020. Fulfilling this uphill task calls for financial innovation and opening-up. What are the priorities for innovation? In which areas should Shanghai pioneer? How can the city enhance its soft power vis-à-vis London and New York through institutional reform?

Chair:
Stuart FRASER Policy Chairman, City of London

Panelists:
TU Guangshao Vice Mayor, Shanghai Municipal Government
K.C. CHAN Secretary for Financial Services and the Treasury, The Government of Hong Kong SAR, PRC
ONG Chong Tee Deputy Managing Director, Monetary Authority of Singapore
Michael SMITH Chief Executive Officer, Australia and New Zealand Banking Group Limited
Mathis CABIALLAVETTA Vice Chairman of the Board of Directors, Swiss Re
Lawrence LEIBOWITZ Chief Operating Officer, NYSE Euronext

Panel I: Chinese Financial Institutions Going Global
Changchun & Dalian, Level 2, River Wing

While the overseas acquisitions by PingAn Insurance and Minsheng Bank ended in vain due to the unexpected financial storm, ICBC and several other domestic financial institutions are quite successful in their overseas adventures. Do we see new opportunities arise in the post-crisis era? Who are the appropriate candidates to go abroad and how? How to manage risks? How can domestic financial institutions help the “going global” initiatives of firms like Geely Auto? Are there any valuable experiences from the US, Europe and Japan?

Chair:
LI Jiange Chairman, China International Capital Corporation Limited

Panelists:
YANG Chao President, China Life Insurance(Group) Company
NIU Ximing President, Bank of Communications
XU Luode President, China Unionpay
Stephen ROACH Chairman, Morgan Stanley Asia
John DACEY CEO, Japan & Asia-Pacific Region, AXA Group
WANG Jiang Dean, Shanghai Advanced Institute of Finance; Mizuho Financial Group Professor, Sloan School of Management, MIT
HA Jiming Chief Economist, China International Capital Corporation Limited

Panel II: Maritime Finance: Seeking Breakthrough via Innovation (Supported by Bank of Communications)
China Hall III, Level 3, Grand Tower

Modern finance has its root in the development of the shipping industry. Shanghai attributes most of its modern success to the fact that it is a prime sea port. The interaction between the shipping and finance sectors is critical to Shanghai’s development. What is the status quo of the shipping finance? What are the required innovations and policy breakthroughs? What are the challenges facing market players? Are there any global best practices? What can financial institutions do to facilitate the “two centers” initiative?

Chair:
QIAN Wenhui Vice President, Bank of Communications

Panelists:
ZHOU Yanli Vice Chairman, China Insurance Regulatory Commission
HU Huaibang Chairman, Bank of Communications
TAN Zuojun President, China State Shipbuilding Corporation
YU Shicheng Principal, Shanghai Maritime University
WANG Haiming Senior Expert, the PICC Property and Casualty Company Limited
ZHANG Ye Chairman, Shanghai Shipping Exchange
Gerry WANG Co-Founder and Chief Executive Officer, Seaspan Corporation
Geoff RIDDELL Chairman of Global Corporate and CEO of Asia-Pacific and Middle East, Zurich Financial Services Group

Panel III: Financial Development and Regulatory Coordination Under New Circumstances
Shanghai, Level 2, River Wing

Aiming to resume separate banking in part, Volcker Rule is at the center of dispute in America’s proposed financial reform. In China, leading institutions such as PingAn, CITIC Group and Bank of Communications are going universal through M&As. How could we enjoy the benefits of universal banking while avoid hidden interest conflicts? How should different regulatory bodies coordinate to ensure complete coverage? How to change the Chinese current regulatory system to Functional Regulation?

Chair:
XIA Bin Counsellor, Counsellors’ Office of the State Council; Director, Financial Research Institute, Development Research Centre of the State; Council Member, Monetary Policy Committee, The People’s Bank of China

Panelists:
ZHUANG Xinyi Vice Chairman, China Securities Regulatory
Commission
LI Yang Vice President, Chinese Academy of Social Sciences
Kiyohiko NISHIMURA Deputy Governor, Bank of Japan
WU Yan Chairman & President, The People’s Insurance Company (Group) of China
Charles DALLARA Managing Director, The Institute of International Finance, Inc.

Panel IV: Growth of Small and Medium Enterprises and Financial Services
Beijing, Level 2, River Wing

Economic restructuring and income distribution optimization call for a vibrant SME community. Notwithstanding the existence of SME board and ChiNext, most SMEs still have to turn to the pick-and-choose banks for financing. However, banks are known to prefer large clients. How to make financing easier for SMEs? How to encourage entrepreneurship through the development of angle funds and venture capitals? How to nurture a big cohort of SME funding institutes including small-loan companies, credit guarantee companies and financial leasing companies?

Chair:
WANG Jun Lead Financial Sector Specialist, East Asia and Pacific Region, The World Bank
Panelists:
SONG Liping President, Shen Zhen Stock Exchange
CAI Jiangting Deputy Director-General, Banking Supervision Department II, China Banking Regulatory Commission
XIE Geng Director, Market Supervision Department, China Securities Regulatory Commission
HU Pingxi Chairman, Shanghai Rural Commercial Bank Co., Ltd.
WANG Jun Chairman, Zhejiang Tailong Commercial Bank
Pedro NUENO Professor of Entrepreneurship and President, China Europe International Business School
Roman CHENG President, Fullerton Investment & Credit Guarantee Co., Ltd.
LI Siming CEO, UniTrust Finance & Leasing Corporation

Panel V: Financial Market Opening and Development of an International Board (Supported by Shanghai Stock Exchange)
Kaifeng, Level 3, River Wing

WTO entry commitments are merely the beginning of a long journey of financial opening-up. How to ensure the opening-up really facilitates rather than endangers a country’s economic growth in the post-crisis era? Foreign stock listing is key to China’s capital market. What is the appropriate timing to introduce the international board at the Shanghai Stock Exchange? How should it be like? Who are the listing candidates? What is the impact of the international board? How to lend a big boost to QFII and QDII for the launch of the international board and the two-way flow of capital?

Chair:
Laura CHA Deputy Chairman, The Hong Kong and Shanghai Banking Corporation Limited

Panelists:
YAO Gang Vice Chairman, China Securities Regulatory Commission
LI Chao Deputy Administrator, State Administration of Foreign Exchange
ZHANG Yujun President, Shanghai Stock Exchange
Xavier ROLET Chief Executive, London Stock Exchange Group
Henry CAI Chairman, Investment Banking - Asia, UBS
Fred HU Chairman of Greater China, Goldman Sachs
Ted TOKUCHI Managing Director, CITIC Securities Co., Ltd.; Chairman, CITIC Securities International

Panel VI: Financial Innovation and the Development of Emerging Strategic Industries
Suzhou & Wuxi & Guilin, Level 3, River Wing

Emerging strategic industries are crucial to economic restructuring, a goal clearly set forth by the Central Government, and to economic sustainability. Define the strategic industries and the institutional bottlenecks. What is the role of financial innovation in nurturing these industries?

Chair:
Edward TIAN Chairman, China Broadband Capital Partners L.P.

Panelists:
ZHU Xiaoming Vice Chairman, the Shanghai Committee of the Chinese People’s Political Consultative Conference; President, China Europe International Business School
Ken WILCOX President and CEO, SVB Financial Group
Neil SHEN Founding Managing Partner, Sequoia Capital China
WANG Kaiguo Chairman, Haitong Securities Co., Ltd.
NAN Cunhui Chairman and President, CHINT Group Corporation
Richard ZHANG Partner and Head of Greater China, Apax Partners

Panel VII: Growth of Debt Market and Optimization of Financing Structure
Nanjing, Level 3, River Wing

Bond market is an integral part of the financial system. In China, however, many specialists believe that bond market lags far behind equity market, though the former has made much progress. Two wheels of direct financing don’t roll in equilibrium. How important is bond market for China’s financial reform, macro-economic policies and financing structure of enterprises? Why did bond market grow so slowly during past years? How will the growth of bond market influence equity market? How to promote the growth of bond market? How can bond market contribute more to Shanghai’s ambition of becoming an international financial center?

Chair:
WANG Boming Chairman, the Stock Exchange Executive Council

Panelists:
Andrew SHENG Chief Advisor, China Banking Regulatory Commission
Chun CHANG Executive Director and Professor, Shanghai Advanced Institute of Finance, Shanghai Jiao Tong University; Associate Dean, China Europe International Business School
CHEN Geng President & Vice Chairman, Guotai Junan Securities Co., Ltd.
ZHANG Shengju Senior Manager, FX Department, China Foreign Exchange Trading Center
TENG Wei CIO, Securities, Pacific Asset Management Co., Ltd.
Tom SCHILLER Executive Managing Director and Head of Asia Pacific, Standard & Poor’s