DPM Teo Chee Hean gave the opening address
• DPM Tharman Shanmugaratnam will be speaking at the Day 2 closing dialogue
• Infocomm and Media: Eddie Wu and James Sheng, Alibaba’s Co-Founders; Forrest Li, Founder, Chairman & Group CEO, Garena; Jason Si, Executive Dean, Tencent Research Institute
• Healthcare and Pharma: Liang Xinjun, Executive Director, Vice Chairman & CEO, Fosun Group; Li Ge, Founder, Chairman & CEO, Wuxi AppTec; Dr Loo Choon Yong, Executive Chairman, Raffles Medical Group
• Electric Vehicles: Wang Chuanfu, Chairman, Executive Director & President, BYD Company Limited; Jeroen Pynenburg, General Manager, ABB Shenzhen New Energy System Co.; Dr Wang Junwei, Associate Professor, Chinese Academy of Sciences
• Finance and Banking: Cao Yunchuan, Deputy General Manager, ICBC Singapore; Tan Teck Long, Group Head of Large Corporates and Chief Operating Officer of Institutional Banking Group, DBS Bank; Ling Hai, Co-President, Asia Pacific, MasterCard
• Consumer Goods and Logistics: Teo Siong Seng, Managing Director, Pacific International Lines; Dr Sarasin Viraphol, Executive Vice President, Charoen Pokphand Group (Thailand)
• Leading Diplomats and Academics: Amb Chen Xiaodong, China’s Ambassador to Singapore; David Shambaugh, Founding Director, China Policy Program, George Washington University, USA
SINGAPORE, 18 July 2016 – The seventh edition of the FutureChina Global Forum (FCGF 2016) commenced today, with over 450 corporate leaders, senior executives, entrepreneurs and leading academics gathering to examine the opportunities that China’s new economy can bring. Organised by Business China, the two-day Forum will facilitate exchanges of insights, led by 70 speakers, on hot-button issues surrounding China’s role in the world economy.
In his welcome address, Mr Lee Yi Shyan, Business China Board Director and Chairman of the FutureChina Committee, said: “China’s development is not just about the well-being of her 1.4 billion citizens. In a world that is highly globalised and inter-connected, if China does not do well, the region and the world would be affected. A China that is stable, capable and vibrant can only be beneficial to the region and the world.”
Assessing China’s reform agenda
Themed “Transformation or stagnation: What the new economy heralds for China and the region”, FCGF 2016 seeks to understand possible future trajectories and identify potential growth sectors and market segments, based on evaluations of China’s latest economic reform agendas and analyses of their current status of implementation.
In his opening speech, Mr Teo Chee Hean, Singapore’s Deputy Prime Minister, Coordinating Minister for National Security and Co-Chairman of the Joint Council for Bilateral Cooperation with China, said: “China’s economic transformation will bring new challenges. There will be difficult trade-offs to be made. But China has an impressive record of successfully managing reform and restructuring the economy. There will be many opportunities created in new markets and new fields in our growing Asia-Pacific region. Companies from China can access financial, legal and arbitration services here in Singapore. They can also work with Singapore companies to tap the new growth opportunities in the Digital Economy, and seek new partners in the vibrant community of companies from many countries based in Singapore to enter third countries.”
The Forum’s opening plenary session featured Amb Chen Xiaodong, China’s Ambassador to Singapore; Mr Wu Lebin, Board Chairman, Chinese Academy of Sciences Holdings; Ms Nina Yang, COO, Singbridge, Ascendas-Singbridge Group; and Mr Anthony Tan, Deputy CEO, Singapore Press Holdings, on the topic: “Pursuing the reform agenda while sustaining growth”. Other panel discussions will examine topics such as ASEAN-China and United States-China relations, as well as China’s latest business landscape, e-commerce developments and financial markets and services.
Mr Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, will speak at the Closing Lunch tomorrow to share his perspectives on China’s new economy and its significance for Singapore and the region.
Signing ceremony of MOU on strategic collaboration between Business China and China Internet Development Foundation
The FCGF 2016 will also see the signing of a Memorandum of Understanding between Business China and China Internet Development Foundation today. The MOU seeks to strengthen international and bilateral collaboration in developing the cyberspace and Internet technology sectors. The ceremony will be co-witnessed by Ms Wang Xiujun, Deputy Director of the Cyberspace Administration of China and Mr Teo Chin Hock, Deputy Chief Executive of the Cyber Security Agency of Singapore.
The FutureChina Global Forum is a high-level China-centric forum established by Business China Singapore in 2010. An independent platform that is interactive and bilingual, FCGF provides a holistic perspective of China’s fast evolving socio-economic landscape, and seeks to invoke candid and profound discussions on China’s developments. The Forum is also an excellent platform for exclusive networking opportunities with business leaders and China experts from all over the world.
For more information about FCGF 2016, please follow reports on our media partners’ platforms, TV news and online news articles. To view highlights of the Forum, please visit:
• https://www.youtube.com/c/FutureChinaGlobalForumSingapore
• http://i.youku.com/TongShangZhongGuo
Please refer to Annex 1 for the FutureChina Global Forum 2016 Programme.
– END –
For more information, please contact:
Deng Shiying (Ms)
Senior Associate (Corporate Communications)
Business China
Email: shiying@businesschina.org.sg
DID: (65) 6213 0412
About FutureChina Global Forum
The FutureChina Global Forum is the only Forum going beyond the usual discussions on China’s economic and political evolution to provide a holistic perspective of how China is evolving, the various drivers of change and how they interact with one another. The formats of discussion and the layout of the venue are designed to promote genuine, candid discussions as well as a high level of interaction.
For more information, please visit www.futurechina.sg.
About Business China
Launched in November 2007 by Founding Patron and Singapore’s Founding Prime Minister Mr Lee Kuan Yew, Business China’s mission is to nurture an inclusive bilingual and bicultural group of Singaporeans through extensive use of the Chinese language as the medium of communication, so as to sustain our multi-cultural heritage, and to develop a cultural and economic bridge linking the world and China.
For more information, please visit www.businesschina.org.sg/en.