（Invatation Only）

"Two Tales of Inclusive Finance: Government and Market — The Report of Financial Inclusion Development in China (2024) 

Rural revitalization requires a rural financial ecosystem that evolves alongside rural development. What does this ecosystem entail? How can we address the "last mile" issue in rural finance? What is the perspective on the pricing of rural financial services? How can we enhance the economies of scale in rural finance? How can rural financial institutions achieve rural revitalization while maintaining healthy and sustainable operations? What role can regulation play in fostering an environment conducive to achieving double bottom lines?

Moderator：

• Li Zhou

Professor at the School of Agricultural Economics and Rural Development ,  Renmin University of China, PhD of grade 1997.

keynote Speech：

• Guoqiang Gong 

Secretary of the Party Committee of China Zhejiang Commercial Bank Beijing Branch

Speaker：

• Xiaolong Jin

Senior Vice President of Ant Group, Party Secretary and Chairman of MYBank

• Hang Su

General Manager of Rural Revitalization Finance Department of Chengdu Rural Commercial Bank

• Gang Zeng

Chief Expert and Director of Shanghai Finance and Development Laboratory, PhD of grade 2000.

• Hongyu Zhang

President of China Agricultural Risk Management Research Association, former Director of the Department of Rural Economic System and Management of the Ministry of Agriculture and Rural Affairs

The development and application of the internet, cloud computing, big data, and artificial intelligence have profoundly transformed the financial sector. While fintech enhances the efficiency and quality of financial services and reshapes industry dynamics, it also presents significant risks and challenges. Looking ahead, how can we adapt to innovations in fintech? What strategies can be implemented to elevate smart regulation? How can we ensure that regulation evolves in tandem with finance and technology?

Moderator：

• Jianhua Zhang

Counsellor of the People's Bank of China,Director of the Research Center for Financial Development and Regulatory Technology of PBC School of Finance, Tsinghua University

keynote Speech：

• Shan Qiang

Party Secretary and President of National Internet Finance Association of China (NIFA)

Speaker：

• Ziwei Cao

Secretary of the Party Committee, Director and President of Xiaomi Consumer Finance

• Hua Cheng

Associate Professor at the School of Economics, Renmin University of China (RUC)

• Yu Ding

International Sustainable Finance Advisor

• Fangfang Jiang

Chief Program Officer, Asia Pacific, Financial Institutions, IFC, World Bank (Online）

• Jun Zheng

CTO, Financial System Department, Huawei China

Moderator：

• Xiaofeng Zhang

Researcher at Chinese Academy of Financial Inclusion (CAFI)

Discussant：

• Shaofeng Ji

Chairman, Weijin   Chuanglian (Jiangsu) Information Technology

• Xiaochun Liu

Professor at   Shanghai Advanced Institute of Finance of Shanghai Jiao Tong University,  Vice President of Shanghai Finance  Institute 

• Yahui Tang

Professor at School   of Finance, Jilin University of Finance and Economics 

Sharing organizations:

• Chengdu Rural Commercial Bank

• Northeast Small and Medium-sized Enterprise Financing Re-guarantee Co.,   Ltd.

Last year's study showed that many micro and small   enterprises (MSMEs) need to improve their financial health; cash flow   problems such as delinquent accounts receivable are particularly prominent.   Stable and sustainable cash flow is the “lifeline” of small and   microenterprises development. So, how is the financial health of MSMEs this   year? Is the cash flow steady? Can MSMEs withstand the test of unstable cash   flow? From the perspective of financial health, how to enhance the resilience   of the capital chain? What are the lessons to be learned from international   experience?

Moderator：

• Liming Hou

Researcher at Chinese Academy of Financial Inclusion (CAFI)

keynote Speech：

• Qamar Saleem

SME FF CEO

Report Release: Microenterprise Financial Health Insights 2024

Keynote Speaker：

• Liming Hou

Researcher at Chinese Academy of Financial Inclusion (CAFI)

Panelist：

• Li Gong

Executive Assistant President of WeBank

Xinglei Ren

Executive President China Association for Small & Medium Commercial Enterprises

• Qamar Saleem 

SME FF CEO

• Shuoxun Zhang

Associate Professor at Business School,  Sichuan University

Moderator：

• Hongshan Chen

Secretary-General of Chinese Academy of Financial Inclusion (CAFI)

Speaker：

• Liguo Zhao

Chairman of   Qingdao Guangda Fruits and Vegetables Professional Cooperative

• Sheng Guo

Deputy General   Manager of Artificial Intelligence Department of MYbank

• Junfeng Li 

Party Secretary   and Chairman of China Great Wall Asset Management Co., Ltd, and Former Director   of Inclusive Finance Department of the China Banking and Insurance Regulatory   Commission

• Min Ji

Deputy Director of   the Research Bureau of the People's Bank of China, PhD of grade 1999

Host：

• Duoguang Bei

President of Chinese Academy of Financial Inclusion(CAFI) at Renmin University of China (RUC), Secretary-General of RUC PhD Alumni Forum, PhD of grade 1985.

Speaker：

• Renmin University of China

Speaker：

• Rongdong Li

Former Deputy Governor of the People's Bank of China

• Yang Li

Chairman of the National Institution for Finance & Development, PhD of grade 1986

• Xin Wang

Director of Research Bureau, People's Bank of China

• Jie Kang

 Vice President of Shanghai Pudong   Development Bank

• Xinyi Han

President, Ant Group

• Xiaofang Li

Deputy General Manager of Inclusive Finance Division, China Construction Bank

Speaker：

• Xiugen Mo

Executive President of the Chinese Academy of Financial Inclusion (CAFI) at Renmin University of China

In accordance with central directives, regional financial reforms have paved the way for financial innovations through pilot programs, enhancing the accessibility of financial services, supporting continuous improvements in people’s well-being and effectively serving the real economy. These efforts have also accumulated replicable experiences for nationwide financial reform.

Reflecting on the past, what were the reasons behind the successes or failures of inclusive finance pilot zones? Looking to the future, how can we steadily advance regional financial reforms to improve quality and efficiency, and how can we better serve high-quality economic and social development?

Moderator：

• Qiang Qu

Professor of School of Finance, Renmin University of China , PhD of grade 1993

keynote Speech：

• Lingli Lan 

Member of Party Leadership Group, Vice - Mayor of Lishui Municipal People's Government

Report Release:

Lishui Inclusive Finance High-Quality Development Assessment Indicator System and 2023 Lishui City Inclusive Finance Reform Assessment

Keynote Speaker:

• Xiugen Mo

Executive President of the Chinese Academy of Financial Inclusion (CAFI) at Renmin University of China

Discussant：

• Min Ji

Deputy Director of Research Bureau, the People's Bank of China(PBOC)

Panelist：

• Tao Chen

Deputy Governor of People's Bank of China Tongchuan Branch

• Jinjie Gu

Party secretary and president of the People's Bank of China Lishui Branch

• Xiaochun Liu

Professor at Shanghai Advanced Institute of Finance of Shanghai Jiao Tong University,  Vice President of Shanghai Finance Institute

• Xiugen Mo

Executive President of the Chinese Academy of Financial Inclusion (CAFI) at Renmin University of China

Reasonable pricing is a prerequisite for the sustainable development of inclusive finance. Does the current financial pricing match the risks? To make the "Impossible Trinity" of inclusive finance (i.e., wide coverage, low risk, and low pricing) possible, what practices and experiences can be drawn upon? How can regulators guide healthy competition in inclusive finance and promote sustainable development?

Moderator：

• Zhihong Yin

WU Yuzhang Chair professor , Renmin University of China , PhD of grade 1995

Speaker：

• Chengyu Bai

Project Officer of the China International Center for Economic and Technical Exchanges

• Xiwen Fan

Former Chief Risk Officer of China-Latin America Industrial Cooperation Investment Fund

• Jinpu Jiao

Party Committee Secretary and Chairman of the Board of China Gold Coin Group Co., Ltd, PhD of grade 1998

• Jiujie Ma

Executive Deputy Director and Professor of Institute of Rural Economy and Finance,  Renmin University of China, PhD of grade 1993

• Xiaolong Wang

The first chairman of Zhejiang Rural Commercial United Bank

Government financing guarantee institutions can play a big role in inclusive finance by providing broader and more efficient financial services to MSMEs and sectors related to agriculture, rural areas and farmers, thus promoting the development of the real economy and the high-quality growth of inclusive finance. The discussion will focus on the following measures:

• Strengthening the inclusive finance advisory mechanism

• Expanding service scope and lowering barriers

• Optimizing the risk-sharing and compensation mechanism for inclusive finance

• Leveraging technology to enhance service efficiency and quality

Moderator：

• Wenyu Wang

Researcher at Chinese Academy of Financial Inclusion (CAFI)

Speaker：

• Xiaozheng Bi

Chairman of   Qingdao Agricultural Guarantee Company

• Wei Chai

Former Secretary of the Party Committee and Chairman, Northeast Small   and Medium-sized Enterprises Financing Re-guarantee Co.

• Zhanjun Gao

Executive Director   of Shanghai Guoyan Wealth Management Research Institute, Senior Research   Fellow at National Institute for Finance and Development (NIFD),   Editor-in-chief of China Forex, an English magazine

• Hongpeng Zheng

Assistant General Manager and   Director of the Party Committee Office, Jiangxi Provincial Financing   Guarantee Group Group

• Qiang Zheng

Deputy Chairman, Taizhou   Credit Guarantee Fund

According to the draft of the "Regulations on Regional Financial Supervision and Administration" released by the People's Bank of China in December 2021, regional financial organizations refer to legally established entities such as microfinance companies, financing guarantee companies, regional equity markets, pawnshops, leasing companies, commercial factoring companies, regional asset management companies, and other institutions authorized by laws, administrative regulations, and the State Council to provide regional financial services—collectively referred to as "7+N" institutions.

As an important supplement to inclusive finance, regional financial organizations have played a positive role in serving key areas and weak links of inclusive finance, filling gaps in the financial market, and addressing unmet needs.

Moderator：

• Daoxu Zhou

Director of the Financial Security Research Center of PBC School of Finance, Tsinghua

University, PhD of grade 1996

Speaker：

• Xuemei Bai

Deputy General Manager of Zhonghe Rural Credit

• Ziyu Liu 

General Manager of Shaanxi Haifu Financial Leasing Co., Ltd.

• Keliang Zhang

Head of Equity Financing Headquarters, Bohai Securities