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City set for high-level financial forum
By Maggie Zhang and Chen Li |
May 18, 2011, Wednesday
|
Online Edition
Online Edition
THE high-profile Lujiazui Forum will open tomorrow in Shanghai's Pudong New Area and the high-level event will hear speeches by both foreign and domestic financial experts and regulators as Shanghai rises up as a global financial hub.
Zhou Xiaochuan, governor of the People's Bank of China, Liu Mingkang, chairman of the China Banking Regulatory Commission, Wu Dingfu, chairman of the China Insurance Regulatory Commission and Shang Fulin, chairman of the China Securities Regulatory Commission and Li Yong, vice finance minister, will deliver speeches at the forum on Friday.
Overseas regulators including those from Singapore or Hong Kong will also bring brain-storming at the forum.
This year's theme is the financial system and its macro management in a new era.
The topics to be discussed include China's financial reform and economic development during the 12th Five-Year Plan period, the prospects of world economy and its risk factors and reforming global financial regulation and the creation of a macro-prudential policy framework.
The three day event, chaired by Shanghai Mayor Han Zheng and Wu Dingfu, chairman of China Insurance Regulatory Commission, will have at least 133 speakers from around the world, including experts from stock exchanges in New York, Nasdaq, Hong Kong, Taiwan, Morgan Stanley, Citi Bank and HSBC.
The event, which targets to help Shanghai on its way of becoming an international financial center in 2020, will release the Shanghai Financial Climate Index for the first time since its setup in 2008.
It's the fourth Lujiazui Forum this year. The first Lujiazui Forum was held in May 2008 and at that time the city government invited many foreign financial experts and scholars to form an International Consultation Committee to provide advice to help the city develop into a financial center.
Some topics to be discussed during the Lujiazui Forum 2011
* China's Financial Reform and Economic Development during the 12th Five-Year Plan Period
* The Prospects of World Economy and Its Risk Factors
* Reforming Global Financial Regulation and the Creation of A Macro-prudential Policy Framework
* New Opportunities for Shanghai in Becoming a Global Financial Center
Zhou Xiaochuan, governor of the People's Bank of China, Liu Mingkang, chairman of the China Banking Regulatory Commission, Wu Dingfu, chairman of the China Insurance Regulatory Commission and Shang Fulin, chairman of the China Securities Regulatory Commission and Li Yong, vice finance minister, will deliver speeches at the forum on Friday.
Overseas regulators including those from Singapore or Hong Kong will also bring brain-storming at the forum.
This year's theme is the financial system and its macro management in a new era.
The topics to be discussed include China's financial reform and economic development during the 12th Five-Year Plan period, the prospects of world economy and its risk factors and reforming global financial regulation and the creation of a macro-prudential policy framework.
The three day event, chaired by Shanghai Mayor Han Zheng and Wu Dingfu, chairman of China Insurance Regulatory Commission, will have at least 133 speakers from around the world, including experts from stock exchanges in New York, Nasdaq, Hong Kong, Taiwan, Morgan Stanley, Citi Bank and HSBC.
The event, which targets to help Shanghai on its way of becoming an international financial center in 2020, will release the Shanghai Financial Climate Index for the first time since its setup in 2008.
It's the fourth Lujiazui Forum this year. The first Lujiazui Forum was held in May 2008 and at that time the city government invited many foreign financial experts and scholars to form an International Consultation Committee to provide advice to help the city develop into a financial center.
Some topics to be discussed during the Lujiazui Forum 2011
* China's Financial Reform and Economic Development during the 12th Five-Year Plan Period
* The Prospects of World Economy and Its Risk Factors
* Reforming Global Financial Regulation and the Creation of A Macro-prudential Policy Framework
* New Opportunities for Shanghai in Becoming a Global Financial Center
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