China Bankers Forum

Summary Report (2007~2014)

Contents  Forum Organizers  Forum Theme  Invited Speakers  Participants Analysis  Satisfaction Survey  Forum Partners  Media Coverage

n Campus

Forum Organizers

The China Europe International Business School (CEIBS) is a not-for-profit joint venture, established in 1994 with the financial and political support of the Chinese government and the European Commission. As No. 1 business school in China and Asia Pacific (MBA ranking by Financial Times for six consecutive years 2004-2009), CEIBS is the leading centre in the region for organizing industry forums bringing together industry leaders, senior government officials and renowned academics in an open, neutral environment to discuss and debate hot issues facing China and the world.

Economy & Nation Weekly, hosted by the Xinhua News Agency, is a market-oriented and high-end financial news magazine. With a strong sense of mission in reporting directly, responsibly and constructively and the concept of providing thoughts and opinions for the rise of China and the transformation of society, Xinhua News Agency Economy & Nation Weekly is quickly making its way among domestic top level financial magazines with a circulation of 310,000 and a distribution network covering more than 80 major cities nationwide, relying on the worldwide reporting network of the Xinhua News Agency and a professional editorial team.

Adhering to the principle of “Independent Standpoint, Exclusive Coverage and Unique Perspective”, CAIJING Magazine closely observes the most important issues of China’s economic reforms, moves and policy changes as well as major events in capital markets. CAIJING Magazine also has a broad international perspective through first hand reporting on international political and economic developments. CAIJING Magazine has become firmly established as the most authoritative media outlet trusted by its readers and the leading voice in the Chinese business and financial circles.

Supporting Organizers

The CEIBS Lujiazui International Finance Research Center (CLFC) was initiated by China Europe International Business School (CEIBS) and Shanghai Lujiazui (Group) Co., Ltd. in October 2007. Based in Shanghai, an emerging financial hub, the Center shall server as an open and international platform for academic exchange while focus on studying the development of financial industry and the improvement of relevant legal system and provide first-class consulting and training services to financial institutions, regulators and legislators. The Center is committed to becoming an influential think tank for the development of Shanghai as an international financial center and a platform for China-EU academic exchange.

Shanghai Banking Association (SBA), formerly known as Shanghai Banking Association of Foreign Exchange, was founded on December 22nd, 1992 and renamed in 1998. Established with the approval of Shanghai Administration of Social Organizations and guided by CBRC Shanghai Office, SBA is a professional, non-profit trade association, speaking for banks and other financial institutions in Shanghai. Through textual research, SBA stems from Shanghai Bankers’ Association founded in 1918. SBA performs the duties of self-discipline, rights protection, coordination and service. Our mission is to maintain an effective and competitive market place for Shanghai banking industry and realize the members’ common interests so as to play an active role in building Shanghai into an international financial center. As of Oct. 1st, 2014, SBA represents 169 members, including 145 full members and 24 associate members. Full members cover policy banks, large commercial banks, joint stock commercial banks, city commercial banks, asset management companies, rural banks, foreign-funded banks, licensed specialized business units and other types of financial institutions. Associate members are mostly representative offices of foreign financial institutions in Shanghai. SBA is committed to building itself into a highly professional and international trade association, correspondent to the strength of Shanghai banking industry and Shanghai’s aspiration to be an international financial center.

Forum Theme 2014：China’s Banking Sector 2014: Rising to the Occasion A review of China’s financial industry in 2013 conjures up a picture of new market entrants pitting themselves against long-established players: with a market size of over one trillion yuan, China’s Internet giants like Baidu, Alibaba and Tencent (BAT) abruptly made inroads into the traditional financial industry; in defiance of the rigorous taboos in the financial industry, Internet companies kept carrying out micro-innovations, which breathed new life into traditional financial products like monetary funds. As Internet finance was pressing ahead with interest rate liberalization, gone were the days when traditional banks could pocket a high interest rate margin. Meanwhile, the calls for inclusive finance set a higher demand on financial ethics. When a fierce battle was fought in smalland-medium-sized markets, given the accumulation of social wealth and the rise of China’s new rich class, the product-driven private banking would no longer be able to meet the growing market needs. In face of new trends and changes in the financial industry, traditional banking giants that hold the reins will need to reach out and keep pace with the times so as to win the future.

Forum Theme 2013：The Reform and Innovation of Commercial Banks As the “brightest pearl” in the crown of finance, commercial banks have long been in the regulatory and public spotlight, a unique position that has given them a comparative advantage vis-à-vis funds and insurance companies, but it has also made them hesitant to enact key reforms and innovations. But as time passes, interest-rate liberalization and rising financial interconnectedness have brought new and unprecedented challenges and opportunities for China’s commercial banks. How should commercial banks cope with interest rate liberalization to sustain their huge profits from the traditional deposit-loan business? What should bank executives do to reconcile the different objectives of bank branches and government regulators - more specifically, how should they reconcile profit maximization with risk control? With “Panasset Management” as the new trend in the financial market, how can commercial banks balance their “passageway business” and internal asset-management business in order to retain the high-net-worth customers while ensuring steady yields from “passageway deals”? In today’s age of internet finance, and especially in the upcoming era of mobile internet finance, commercial banks have no choice but to swallow their pride and embrace change. At the critical moment of China’s financial development, CEIBS has joined hands with CAIJING Magazine to hold this forum, inviting renowned experts and scholars to share their insights on management innovation and innovative management of commercial banks.

Forum Theme 2012: The Transformation of Banking Models  2011: Reshaping the Global Banking Landscape: The New Role of China 2010: Global Banking: Restructuring and Reform 2009: The Future of Banking – New Perspectives  2008: The Way Forward -- China’s Banking Industry Under Macro Readjustment  2007: Emerging Landscape of China’s Banking Structure: Who Will Be the Winners?

Invited Speakers Government Officials

Wu Xiaoling Standing Committee Member of the National People’s Congress, Deputy Director of Financial & Economic Affairs Committee of NPC

Zhu Min Vice President of IMF

Guo Shuqing Chairman of China Securities Regulatory Commission; (Then) Chairman of China Construction Bank

Cai E’sheng

Su Ning

Jiang Dingzhi

Vice Chairman of China Banking Regulatory Commission

(Then) Vice President of People’s Bank of China

(Then) Vice Chairman and Deputy Secretary of the Committee of CCP, China Banking Regulatory Commission

Tu Guangshao

Feng Guoqin

WANG Yanxiu

Standing Committee Member of the CPC Shanghai Municipal Committee, Vice Mayor of Shanghai

(Then) Executive Vice Mayor of Shanghai Municipal Government

Director of Supervisory Cooperation Department for Banking Innovation, China Banking Regulatory Commission

Invited Speakers Government Officials

Shen Liantao

Xu Nuojin

Mu Huaipeng

Chief Consultant of the China Banking Regulatory Commission

Senior Advisor of Financial Survey and Statistic Department of the People’s Bank of China

Director of Legal Affairs Department, The People’s Bank of China

Norman Chan

Chief Executive of Hong Kong Monetary Authority

David Brewer Chairman of China Britain Business Council (Then) Lord Mayor of the City of London

Fang Xinghai

Nick Anstee

Director of Shanghai Municipal Government Financial Services Office

(Then) Lord Mayor of the City of London

Invited Speakers Industry Leaders

Ma Weihua

Li Ruogu

Li Jun

Wang Yongli

President of China Merchants Bank

Chairman and President of the Export-Import Bank of China

(Then) Vice Chairman and President of Bank of Communications

Executive Director & Vice President of Bank of China

Yang Wensheng

Zhang Hongli

Vice President of China Construction Bank

Vice President of Industrial and Commercial Bank of China

Dong Wenbiao

Hong Qi

Chairman of China Minsheng Bank

Managing Director, President & CEO of China Minsheng Banking Corp., Ltd.

Wang Tongshi

Liu Jun

(Then) President of China Minsheng Banking Corporation Limited

Lian Ping

Vice General Manager, China Everbright Group; Executive Vice Chairman, China Everbright International Limited

Cao Yuanzheng

Chief Economist, Bank of Communications

Chief Economist, Bank of China

Invited Speakers Industry Leaders

Wang Guizhi

Gao Shuzhen

Xu Xueming

Cao Tong

Vice President of China Guangfa Bank

President of Harbin Bank

Vice President of Postal Savings Bank of China

Vice President of China Citic Bank

Huang Jinlao

Sun Xiao

Hu Zuliu

Vincent Cheng

Vice President of Huaxia Bank

Chairman of Maanshan Rural Commercial Bank

Managing Director of Goldman Sachs (Asia)

Chairman of HSBC Asia Pacific

Cheng Teck Lim

Dorothy Kwan

Andrew Au

Chairman of Citibank (China) Co., Ltd., Executive Vice Chairman & CEO of Vice-Chairman and Chief Executive of CEO of Citi China Hang Seng Bank (China) Limited Standard Chartered Bank (China) Limited

Jackson Cheung Chief Executive Officer of Societe Generale (China) Limited

Invited Speakers Industry Leaders

Albert Chan

Andrew Crockett

Caio Koch-Weser

Eric Raynaud

Financial Services Client Services Group Lead of Accenture Greater China

President of JP Morgan Chase International

Vice Chairman of Deutsche Bank Group

Chief Executive Officer for Asia Pacific of BNP Paribas

Stephen S. Roach

Sushil Saluja

Rodney Ward

Jeroen Drost

Asia Chairman of Morgan Stanley

Managing Director of Financial Services Asia Pacific of Accenture

President of Investment Banking Asia, UBS AG

CEO of ABN AMRO Asia

Laurent Couraudon

Richard D. Stanley

Gerard Lyons

Country Head for China of BNP Paribas; Chairman of the Board of Directors of BNP Paribas (China) Ltd.

(Then) China CEO of Citigroup

Chief Economist & Group Head of Global Research of Standard Chartered Bank plc

John McCormick Chairman of the Royal Bank of Scotland Group, Asia Pacific

Invited Speakers Industry Leaders

Manuel Galatas General Manager of BBVA Asia

Francisco Martin LopezQuesada

Francois Cristofari

Phillip Straley

CEO of BNP Paribas (China) Ltd.

Asia-Pacific Managing Director of Risk Management of Accenture

Executive Vice President and Advisor to the CEO for Asia Banco Santander

Alicia Garcí a Herrero

Frank Newman

Pascal Gautheron

Chief Economist for Emerging Markets of BBVA

Chairman and CEO of Shenzhen Development Bank

Managing Director of Banking Industry, Accenture APAC

Phil Rivett Leader of PwC’s Global Financial Services Assurance

Keith Pogson

Piter de Jong

Vice President of EUCCC and Managing Partner of Financial Services, Chairman of the EUCCC Shanghai Ernst & Young Asia Pacific Board

David Michael Senior Partner of The Boston Consulting Group; Chairman of BCG Greater China

Matthew S. Hosford Chief Risk Officer of Banco Santander, Asia-Pacific Region

Invited Speakers Academia & Speakers from Industry Associations

Wu Jinglian

Xu Xiaonian

Huang Ming

Zhao Xinge

Baosteel Chair Professor of Economics of CEIBS

Professor of Economics and Finance of CEIBS

Professor of Finance of CEIBS

Professor of Finance and Accounting of CEIBS

Fan Gang

Ba Shusong

Wang Jun

Shen Minggao

Chairman of China Reform Foundation Director of National Economic Research Institute

Deputy Director General of Financial Research Institute of the Development Research Centre of the State Council

Lead Financial Sector Specialist of East Asia and Pacific Region, The World Bank

(Then) Chief Economist of CAIJING Magazine

Ronald I. Mckinnon

John H. Boyd

William D. Eberle Professor of International Economics of Stanford University

Minnesota Banking Industry Chair Professor, Carlson School, University of Minnesota

Participants Analysis For 8 consecutive years, we had a full audience of more than 300 people. All major foreign and local bankers and financial organizations were represented. Forum 2014 saw 365 participants, with the following charts showing attendance details:

Industry Analysis

Bankers Insurance/fund/Security/Invest IT/Telecom/Communications

2%

10%

3%

5%

23%

Accounting/Legal/Consultancy/Marketing

4% Energy/Chemical/Automotive/Manufacturing

6% Government/NGO/Culture/Education

11%

31%

5%

Consumer Goods/Trading Construction/Real Estate/Property Media Others

Position Analysis

Top Management

13% 21% 10%

Director Senior Manager

3%

Academic Media

18% 35%

Others

Satisfaction Survey The feedback from Participants was very positive. The majority of participants were happy with the networking opportunities the conference provided - it is a wonderful platform to facilitate further sharing and exchanging of information. Year 2014

Evaluation Results

Excellence

31.4%

Good

49.7%

Satisfied

17.1%

Recommendation (It means they would recommend the Forum to their colleagues and friends）

97.7%

Forum Partners Forum Sponsors The success of the Forum was not possible without generous support from our sponsors. The support from a variety of companies in the same industry reflects the attractiveness of CEIBS as a neutral academic organization for information exchange and sharing.

Forum Partners Media Sponsors Special Thanks to

Strategic Media Partners

Media Partners

Media Coverage Every year, the Auto Forum draws much attention from mainstream media both local and abroad. The Forum 2014 has generated 871 pieces of relevant coverage, namely, 2 TV interviews, 38 pieces of print media coverage,14 news agency reports, 786 pieces of online media coverage and 31 pieces of Wechat news has created advertising value of RMB 6,097,015.3.

I. TV Coverage 2 TV interviews: advertising value of RMB 573,360; they are from CNBC , Phoenix TV and the length are 3’57”and 1’45”.

Media Coverage II. Print Media Coverage 38 pieces of print media coverage: advertising value of RMB 3,520,655.3. 17 pieces of in-depth print media coverage are by CBN, Shanghai Securities News , Shanghai Financial News etc.; 21 pieces of other print media coverage are by JJCKB, Workers Daily, JF Daily, Economic Daily and Wenweipo etc.

Media Coverage III. Internet Live Coverage 786 pieces of online media coverage: advertising value of RMB 1,902,000, including: •

175 news reports by the National mainstream website like people.cn, gmw.cn, China.com.cn, sina.com, ifeng.com, sohu.com, 163.com, etc.;

•

102 news from Local major websites, such as xinmin.cn, southcn.com, eastday.com, taiwan.cn, kaixian.tv, 21cn, ynet.com etc.;

•

75 news from Major financial websites, like ce.cn, 21cbh.com, jrj.com.cn, cs.com.cn, hexun.com, eastmoney.com and aastocks.com etc.

•

4 news from bank industry related website, like cebnet.com.cn.

•

430 news from Other types of websites like cnfol.com, jinfuzi.com, cn.msn.com, ccidnet.com etc.

CEIBS Industry Forum

Thanks!