Videos

BFA Annual Conference 2017[Mar. 24th]

BFA Annual Conference 2017[Mar. 23th]

Boao Forum for Asia (BFA) Annual Conference 2017

Boao Forum for Asia (BFA) Annual Conference 2017 Partner Video

  • The Future of Education

    Time:13:30 - 14:45

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -     Out of  frustration over the way children are taught today, many institutions and invididuals are trying new ideas and models of education. Why are they frustrated? How are they going to reform education?

    Session 1
  • FinTech: How will it change Finance?

    Time:13:30 - 14:45

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -     P2P  and  crowdfunding,  popularly  known  as  Internet  banking  in China, are facing tightened regulation and distrust from investors after several high-profile Ponzi-scheme cases. In its place rises the concept of FinTech. Are there fundamental differences between the two?

    -     Which benefits can FinTech bring to clients that traditional finances don’t?

    -      Is FinTech good news for small and medium-sized enterprises which have limited access to affordable financing?

    Session 2
  • 1997 Asian Financial Crisis: Lessons Learned and Not Learn...

    Time:15:15 - 16:30

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -     Starting  from  the  latter  half  of  2014,  emerging  markets  such  as Thailand, Malaysia and Indonesia have again suffered from capital outflows  and  currency  depreciation,  which  is  reminiscent  of  the Asian Financial Storm 20 years ago.

    -     The crisis, however, was not repeated. Emerging markets in Asia show greater resilience than expected. Which lessons have they drawn from the crisis 20 years ago to build such resilience?

    -     Are there lessons not learned?

    Session 3
  • Bring Craftsmanship back to Manufacturing

    Time:15:15 - 16:30

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -     Manufacturing   is   not   just   about   mass   production.   It   is   the commitment  to  craftsmanship  that  distinguishes  Germany  and Japan from their peers. As the Factor of the World, China is rethinking what is lacking in its manufacturing power amid increaseing calls for renewed emphasis on craftsmanship.

    -     Why does craftsmanship matter in modern factories?

    -     Craftsmanship has been part of the Chinese tradition. Why is it lost in the industrialization drive?

    -     What makes a modern “craftsman”? What can be learned from the education and practice of Germany and Japan?

    Session 4
  • New Prospects for Asian Media Cooperation

    Time:16:00 - 18:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom D)

    Description:

    -     Traditional media in Asia did not fully reflect the reality and vitality of this continent. However, as reform and changes are sweeping across this part of the world, traditional journalism is being transformed, and there is a growing consensus on the concept of an Asian  community  of  shared  destiny.  Within  such  a  context,  the future of Asia is connected to the measures taken by Asian media to have their voices heard in the international community, recount the stories of Asia, and show the world the picture of this continent in an impartial, comprehensive manner through mutual cooperation.

    -     The Roundtable will invite over 20 media leaders from dozens of countries along the “Belt and Road” to discuss the new prospects for Asian media cooperation in a rational and pragmatic way.

    Media Leaders Roundtable 1
  • Why the Private Investment Subdued?

    Time:16:30 - 18:30

    Place:(ICC, Level 1, Peacock 1)

    Description:

    -     Growth of investment by private enterprises, a key economic driver, continues to drop recently, slowing down to an alarming point that cannot be ignored. Driven by multiple factors, more and more Chinese enterprises were embarking on the cause of going global in 2016, and outbound investment by private enterprises also showed an explosive growth along with such “tailwind”. However, the contraction associated with the over-capacity reduction and supply side structural reform in the Chinese economy, and a rising “headwind” of de-globalization will adversely affect investment. Therefore, it is necessary to inspire new drivers to change the situation and rebuild the momentum of investment.

    -     How   to   look   at   and   respond   to   the   sustaining   weak   private investment?

    -     How to leverage various drivers - the Belt and Road, international capacity cooperation, etc. to regain confidence in investment and achieve a leap-forward upgrade?

    -     Will  cross-border  investment  by  private  enterprises  accelerate  or slow down?

    -     How to prevent risks and expand global business footprint?

    Private Sector Roundtable 2
  • The Innovators’ DNA

    Time:17:00 - 18:15

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -     What makes the DNA of an innovator?

    -     What is behind the sustained success of innovation hubs such as the

    Silicon Valley?

    -     How are startup nations or innovation-driven economies special in system, institution or culture?

    Session 5
  • Surviving the Capital Crunch

    Time:17:00 - 18:15

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -     “Internet plus” startups had witnessed exponential growth driven by enthusiastic venture capital before plummetting in the latter half of 2015. Isn’t this strange given ample liquidity worldwide?

    -     Is the so-called “capital crunch” felt across the spectrum, or just for a few niche sectors such as O2O in life services? And why?

    -     Some argue that it is more a cooling down and returning to normal on  the  part  of  investors,  which  is  actually  a  good  thing  for  the long-term sustainable growth of the sector. Without the fanfare, which niche sectors and what kind of startups will win out?

    Session 6
  • Young Leaders Roundtable 3

    Time:19:45 - 21:15

    Place:(ICC, Level 1, Dong Yu Grand Ballroom C)

    Description:

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  • IPR: Why it Matters for China?

    Time:07:00 - 08:30

    Place:(BFA Hotel, Level 2, the Pavilion)

    Description:

    -  What’s driving the innovation?How can a nation or business
       realize the sustainable innovative development?
     -  The Breakfast provides you with a great opportunity to hear insights
        from IP experts from the leading technology company, SIPO, WIPO
        and well-known IP scholars about the IPR protection and its
        implications to innovation, the key roles that the government, world
        organization and business should play to drive the innovation, IPR
        reform and collaboratio

    Breakfast 1
  • Asset Securitization: the Good and Bad

    Time:09:00 - 10:15

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -     Debt/equity swap was first introduced into China in 1998 as part of the SOE reform. It again came up in the debate and remarks of decision makers recently as China struggles to deleverage, together with options such as loan securitization, CDS, etc.

    -     Which lessons should China learn from the subprime crisis in asset securitization?

    -     How much regulation should be applied to the growing derivatives market, and what form should it take?

    -   Can a country’s financial institutions gain the benefits of an active derivatives markets without creating potentially destabilizing risks for the institutions and for the nation as a whole?

    Session 7
  • Automobile Recall

    Time:09:00 - 10:15

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -     China is one of the largest and fastest-growing auto markets, yet still in its infancy when it comes to automobile recall, both in terms of the regulatory environment and execution

    -     Education of consumers: recall does not equal poor quality

    -     Responsibilities of car makers

    Session 8
  • The 4th Industrial Revolution

    Time:09:00 - 10:15

    Place:(ICC, Level 1, Dong Yu Grand Ballroom C)

    Description:

    -     There is no consensus yet on what the Fourth Industral Revolution is, which technological breakthroughs or revolution are driving it or how it will change the way of doing business. Germany, the United States and China have pioneered in one way or the other. How are their approaches and endeavors different from one another?

    -     Latecomer  countries  are  always  followers.  Will  the  4th   Industrial Revolution offer a rare chance for them to take the lead?

    -     How will traditional manufacturing be affected?

    Session 9
  • Global Competition for Capital: Re-defining the Chinese Ma...

    Time:09:00 - 11:00

    Place:(ICC, Level 1, Peacock 1)

    Description:

    -     Overview: America's economy is strengthening and China's growth is stabilizing. But multinational companies cannot afford to relax. They  face  ever  intensifying  competition  from  local  rivals  in emerging economies, and newly unpredictable terms of trade with the United States. The Trump administration is promising to lighten regulation and lower taxes on companies at home, even as it flirts with protectionist measures against companies abroad. The aim is to make it easier for capital to prosper in America and harder for it to leave.

    -     What will this mean for emerging markets in the global fight for capital?  And  how  should  multinational  companies  respond?  Will they be tempted to "tariff-hop": building American plants to serve American customers? Or should they wait and see whether the protectionist bark is worse than its bite? Are multinationals in China doubly challenged, facing both tougher access to America's market and tougher competition for China's consumers? The competition for capital has always been fierce. But the rules of the game have rarely been so unsettled.

    MNC China CEO Roundtable 4
  • From “Made in Asia” to “Created in Asia”

    Time:09:00 - 11:00

    Place:(Dongyu Island Hotel, Hesheng Ballroom)

    Description:

    Asian Startups Roundtable 5
  • ASEAN-China Governors/Mayors Dialogue 6

    Time:09:00 - 11:00

    Place:(Dongyu Island Hotel, Yiyong & Changyan Ballrooms)

    Description:

  • Has the Commodities Market Bottomed Out?

    Time:10:45 - 12:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -     Some  argue  that after three  years  of a bear market, commodity prices have finally bottomed out. Do supply and demand fundamentals support a bullish market?

    -     The US dollar appreciation and implications

    -     How    are    resource-rich    countries    doing    in    diversifying    their economies and executing structural reforms?

    Session 10
  • Capital and Control

    Time:10:45 - 12:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -     Global economy is very uncertain. Business confidence is fragile.

    Liquidity is ample. All these combine to make volatile capital flow the “new normal”, which in turn trigger financial market volatility in Asian and emerging economies. Why are these economies so prone to such volatility? What homework do they need so as to be better prepared?

    -     Is there a role for global, multilateral or bilateral coordination? Are there good examples?

    -     Capital control and the Tobin Tax

    Session 11
  • The Rise of Live Streaming

    Time:10:45 - 12:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom D)

    Description:

    -     The live video streaming industry has experienced booming growth in the past two years as dozens of video and social media sites scrambled  to  add  the  updated  capabilities  to  existing  services. Credit Suisse Group analysts estimate the industry could top US$5 billion by the end of 2017, driven by cheap bandwidth and a growing population of young mobile users in China. Why the popularity and rise of live streaming all of a sudden?

    -     Market potential and business model

    -     Regulatory environment

    -     which contents is King?

    Session 12
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  • Opening

    Time:09:00 - 10:30

    Place:(ICC, Level 2, BFA Main Hall)

    Description:

  • Globalization & Free Trade: the Asian Perspectives

    Time:10:30 - 12:00

    Place:(ICC, Level 2, BFA Main Hall)

    Description:

    Plenary Session
  • An Insight into Shenzhen

    Time:12:15 - 13:45

    Place:(Dongyu Island Hotel, Yiyong & Changyan Ballrooms)

    Description:

    Luncheon
  • The Belt and Road: Dialogue with Leaders

    Time:14:15 - 15:30

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -      How do leaders along the Belt/Road look at the Initiative?

    -      Case study: how do countries get involved and benefit by working together?

    -      Suggestions from leaders

    Session 23
  • Global Economy: Moving Beyond Sub-Health

    Time:14:15 - 15:30

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -      The  world  economy  is  facing  two  fundamental  challenges:  the potential growth rate continues to decline, and the real growth continues to underperform the potential.

    -      How   have   factors   determining   the   potential   rate   changed   or deteriorated?

    -      Why has the world economy underperformed?

    -      Therapies for global economic subhealth

    Session 24
  • Artificial Intelligence: Dialogue with Scientists

    Time:14:15 - 15:30

    Place:(ICC, Level 1, Dong Yu Grand Ballroom C)

    Description:

    -      How much do we know about the human brain?

    -      How   much   of   the   knowledge   has   been   applied   to   artificial intelligence?

    Session 25
  • 21st Century Maritime Silk Road: Islands Economic Cooperat...

    Time:14:15 - 16:15

    Place:(Dongyu Island Hotel, Hesheng Ballroom)

    Description:

    -      The    ocean    plays    an    indispensible    role    in    supporting    the development of island economies. Entitled“New Future for the Marine Economy﹒Opening and Cooperation”, this session will draw efforts and wisdom for insular or ocean-related areas through the exchange of experience and ideas in marine economy development and other fields, to boost their inter-connection and prosperity, and to create a community with shared future for island economies.

    Session 26
  • Dialogue with Governors 10

    Time:14:15 - 15:45

    Place:(ICC, Level 1, Peacock 1)

    Description:

  • Austerity or Growth: It Depends

    Time:15:45 - 17:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -      Fiscal  discipline  is  the  foundation  stone  of  long-term  sustainable

    growth for any economy, and has always been an integral part ofIMF policy recommendations to countries in crisis.

    -      Are  decision-making  going  to  the  other  extreme  –  debt/deficit phobia   –   nowadays   and   hesitant   to   take   decisive   actions   to stimulate much-needed growth?

    -      The balancing art

    Session 27
  • Labor Market Reform: Tough, But a Must-Do

    Time:15:45 - 17:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -      Labor  market  is  the  hard  part  of  structural  reform.  Rigidity  and excessive generosity have inhibited vigor and resilience of the economy. Meaningful changes, however, may lose votes and trigger unrest.

    -      Starting  from  2012,  China  began  to  see  decline  of  working-age population, quickened ageing, drastic rise of wages and outflow of manufacturing. Its controversial labor law is blamed for hurting flexibility of the labor market.

    -      Which reforms are tough but necessary?

    Session 28
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  • Testing the Limits of Monetary Policy

    Time:09:00 - 10:15

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -      In the past few years, major central banks have tried various means to be accommodative, from QE, QQE, negative rates to helicopter money. Have central bankers exhausted all the tools? Is there a limit to monetary policy?

    -      To   what   extent   can  monetary   policies   address   inadequacy   of long-term demand?

    -      Will prolonged monetary easing fuel financial and property bubbles?

    -      Why hasn’t ample liquidity passed on to the real economy? What has gone wrong?

    -      Helicopter money: will it come true?

    Session 32
  • The United States after the Election

    Time:09:00 - 10:15

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -      How different will the US be with a new president in office?

    Session 33
  • Overseas Chinese CEO/Think Tank Roundtable 15

    Time:09:30 - 11:30

    Place:(BFA Hotel, Level 2, the Pavilion)

    Description:

  • New Situation, New Opportunities and New Cooperation: open...

    Time:09:30 - 11:30

    Place:(Dongyu Island Hotel, Hesheng Ballroom)

    Description:

    -      The world economy is currently at its seven-year low with global trade growth slower than economic growth. Traditional economy growth engine slows down as the momentum of world economy shifts.    Although new technologies emerge, new economic growth point has not been found.

    -      The mainland of China has attracted over $1.7 trillion overseas capital and invested abroad over $1.2 trillion cumulatively since its reform and opening-up. In the aftermath of international financial crisis, the Mainland’s annual average contribution to world economic growth accounts for more than 30%. The Mainland not only benefits from but also contributes to economic globalization. The Mainland’s fast economic growth provides a strong and consistent driving force to sustain stability and growth of global economy, while its joint development with other countries and regions makes world economy more balanced. The Mainland’s development is an opportunity to the world.

    -      Nowadays, the Mainland has been deeply integrated into the world economy as new trends emerge in cross-border investment and industrial transfer in a global context. In a released State Council document, the Mainland has announced 20 measures to further expand its opening-up, facilitate environment for fair competition, and attract more foreign investment. How can entrepreneurs from Taiwan grasp this opportunity for stronger growth?

    -      As cross-Straits relations are becoming increasingly grave and complex, how can we overcome difficulties and advance economic cooperation across the Straits so as to bring more benefits to compatriots on both sides?

    Cross-Straits CEO Roundtable 16
  • Asian Regional Cooperation Organization Roundtable 17

    Time:10:00 - 11:30

    Place:(Dongyu Island Hotel, Hesheng Ballroom)

    Description:

  • FDI: Greenfield, or M&A?

    Time:10:45 - 12:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -      In 2015, for the first time, developing countries overtook developed countries as the largest source of FDI globally. What are the causes and global implications of this reversal?

    -      Statistics show that most of the FDI growth came from M&A deals during the year. Greenfield investments had stagnated. Most M&A deals happened in advanced markets, not emerging ones as in the past. Why?

    -      Given the current economic sluggishness, which regions and industries are most appealing to FDI?

    -      As a rising global investor, what can China learn from history lessons/experiences of other countries?

    Session 34
  • Defining the Sharing Economy

    Time:10:45 - 12:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -      The controversy over car hailing regulation has again stirred the debate over the sharing economy. The sharing economy, regulators say, is about sharing idle resources with no negative implications for existing industries. Pareto Optimality rules.

    -      Do we have consensus on what the sharing economy should be like? What are the criteria? Who is qualified enough to make the definition?

    -      What does the future hold for the sharing economy?

    Session 35
  • 10th Anniversary of the Subprime Crisis: A Look Back

    Time:10:45 - 12:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom D)

    Description:

    -      The Black Monday in 1987, the Asian Financial Crisis in 1997 and the subprime crisis in 2007. The number of “7” may not be a curse if we have learned lessons from crises. But have we?

    -      Will the year 2017 be an exception?

     

    Session 36
  • Healthcare Reform: Cracking the Hard Nuts

    Time:13:30 - 15:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom A)

    Description:

    -      Healthcare reform has never been easy. In China, the hard nuts are public hospital. When people complain about how difficult and expensive it is to see a doctor, it’s mostly public hospitals they refer to.

    -      Why is the reform so daunting? The Chinese government set a target for 2020. Is it achievable and how?

     

    Session 37
  • Fundamentals of the Capital Market

    Time:13:30 - 15:00

    Place:(ICC, Level 1, Dong Yu Grand Ballroom B)

    Description:

    -      Transparency: the soul of the capital market

    -      What can the capital market do and not do?

    -      Regulator’s role

    -      The logic of market growth

    -      What does the Vanke incident tell us?

     

    Session 38
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Guests

Media Reports

Review

  • 2016
    Asia's New Future:
    New dynamic,New vision
  • 2015
    Asia's New Future:Towards
    a Community of Common Destiny
  • 2014
    Asia's New Future:
    Identifying New Growth Drivers
  • 2013
    Asia Seeking Development for All:
    Restructuring, Responsibility & Cooperation
  • 2012
    Asia in the Changing World:
    Moving Toward Sound & Sustainable Development
  • 2011
    Inclusive Development:
    Common Agenda and New Challenges
  • 2010
    Green Recovery:
    Asia's Realistic Choice for Sustainable Growth
  • 2009
    Asia:
    Managing Beyond Crisis
  • 2008
    Green Asia:
    Moving Towards Win-Win Through Changes
  • 2007
    Asia Winning in Today's Global Economy
    Innovation and Sustainable Development
  • 2006
    Asia Searching for Win-Win:
    The New Opportunities of Asia:
    Driving Growth to the Next Level
  • 2005
    Asia Searching for Win-Win:
    New Role of Asia
  • 2004
    Asia Searching for Win-Win:
    An Asia Open to the World
  • 2003
    Asia Searching for Win-Win:
    Development Through Cooperation
  • 2002
    New Century    New Challenge
    A New Asia
    Economic Development and Cooperation