Luxembourg for Finance is hosting the Luxembourg Renminbi Forum at the Philharmonie on Thursday 1 June.
In its fourth consecutive year, the Luxembourg Renminbi Forum gathers international high-level speakers and practitioners to discuss RMB business through various sectors of the finance industry.
Ideas and topics up for discussion include, what reforms are to be expected in China's economy? What are the global investment trends and how will investors react with regard to China's capital markets? How have e-commerce and mobile payments transformed the marketplace? How will the world's second largest economy respond to the challenge of climate change and what green finance incentives are being explored? What is the future of Europe's relations with China in financial services? Will Brexit impact the flow of investments between China and the EU?
These and other issues will be addressed during panel discussions and keynote speeches. Join this enriching platform on Renminbi debates to foster knowledge and share experiences.
For more information and to register, check out the website: http://www.rmb-forum.com
The published programme for the day is reproduced below:
The Luxembourg Renminbi Forum 2017 | |
09:00 |
Welcome addressNicolas Mackel, CEO, Luxembourg for Finance |
09:05 |
Keynote SpeechChief Representative, The People’s Bank of China, Frankfurt (invited) |
09:20 |
Keynote SpeechHE Pierre Gramegna, Minister of Finance, Luxembourg |
09:35 |
CHINA’S ECONOMIC TRANSFORMATION, STATE OF PLAYChina’s economy is proving more resilient than many Western commentators thought. The Yuan devaluates in a controlled manner and GDP growth is still outstanding. Beijing has started to tackle the challenges at the heart of the economic transformation of China’s economy. Where are we in this process and what reforms can we expect for Xi Jinping’s second mandate? Moderator: Yanqing Yang, Deputy Editor-in-Chief, Yicai Media Group, Shanghai Experts: |
10:15 |
GLOBAL INVESTMENT TRENDSPast turbulences in China’s capital markets and lowered growth expectations have turned some investors away from China while others continue to believe in its long-term promise. Global trends towards protectionism and an overall uncertain economic environment demand for risk diversification. What are the general trends among global investors with regard to China’s capital markets and what factors are driving their decisions? Moderator: James Kynge, Emerging Markets Editor, Financial Times, London (tbc) Experts: |
10:55 Coffee break |
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11:20 |
THE FUTURE OF EUROPE’S RELATIONS WITH CHINA IN FINANCIAL SERVICESChina’s President has put himself in the position of defender-in-chief of globalisation. China and Europe have common interests in a free-trade agenda. How will this play out in the area of financial services? How will Brexit impact the flow of investments between China and the EU? Moderator: Jonathan Ford, City Editor, Financial Times, London Experts: |
12:00 |
CHINA’S HUNGER FOR GREENSSolving environmental challenges is one of China’s main concerns and hence the country has set up huge financing capabilities in order to deal with these issues. At the global stage the countryhas joined in the battle to mitigate climate change effects and looking for ways to implement multilateral policies. It is now planning to launch a national carbon-trading scheme that will dwarf the European one. Moderator: Bob Currie, Editorial Director, Financial Services Research, London Experts: |
12:40 Networking Lunch |
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14:00 |
Keynote Speech: China's Fintech LandscapeZennon Kapron, Founder, Kapronasia, Shanghai |
14:30 |
LESSONS FROM CHINA’S INTERNET FINANCE REVOLUTIONThe explosion of mobile payments in China goes along with the country’s fast growing e-commerce sector. Within five years, the sale of online money market funds has increased a hundredfold. The increase in payments outnumbers European payments by far. Are there lessons to be learned from China’s experience? With Chinese going more and more abroad, how can payments in Europe be facilitated? Moderator: Nasir Zubairi, CEO, Luxembourg House of Financial Technology (LHoFT) Experts: |
15:10 |
HOW TO ACCESS CHINA’S CAPITAL MARKETS?Over the course of the last years China has opened up its domestic market for foreign investors. While this process started cautiously and only a few players were granted this opportunity at the start, the initial restrictions decreased over time and the channels also multiplied. Where do we stand when it comes to the RQFII, the Shanghai-Hong Kong Stock Connect and other schemes? Moderator: Stéphane Karolczuk, Partner, Head of Hong Kong Office, Arendt & Medernach Experts: |
16:00 |
Closing RemarksNicolas MACKEL, CEO, Luxembourg for Finance |