2016 will be a particularly important year for financial inclusion both internationally and for China, given it will be a key priority in the 13th Five Year Plan as mentioned by President Xi, as well as the G20 Agenda chaired by China.
China also recognizes that promoting financial inclusion is the basic premise for sustainable and balanced development of the finance industry. The Development Plan for China’s Financial Inclusion 2016-2020, promulgated by the State Council at the beginning of this year, is regarded as the national strategy which specified the financial inclusion development road map. Over the next five years, digital finance inclusion and innovation will further accelerate the development of China’s inclusive finance, improving the access to, usage of and quality of products and delivery of financial services.
In addition, the emerging new technology in financial industry is the engine that greatly promotes the development of financial inclusion in China as well. Taking the global development status and challenges, the new strategy integrated with new technology, undoubtedly, will enable China’s financial inclusion development be the highlight and focus around the world.
With the successful International Forum for China Financial Inclusion (IFCFI) 2015, this year’s Event will bring policymakers, regulators, researchers and practitioners from China and abroad. The theme will be New Strategy and New Technology, with in-depth analysis of overall prospects of new technology, new strategies and business models to promote China’s financial inclusion and explore its road map to 2020.
II.Theme and Topics
New Strategy· New Technology has been defined as the theme of the Forum 2016 and panel topics/issues include:
·National Strategy and the Role of Governments
·Regulatory framework and Policy
·Infrastructure Construction for Financial Inclusion
·Rural Credit System Construction and Financial Infrastructure Service
· Commercial Model for Rural Financial
·Digital Finance Development and Regulation
·Digital Financial Inclusion for Poverty Alleviation
·Client Education and protection
·China-Latin America Microfinance Summit Forum
III.Organizational Structure
Supported by:
People’s Bank of China (PBoC)
China Banking Regulatory Commission (CBRC)
Organizers:
Renmin University of China (RUC)
China Banking Association (CBA)
China Microcredit Companies Association (CMCA)
Co-Organizers:
Multilateral Investment Fund, Inter-American Development Bank (IDB)
Hainan Provincial Rural Credit Cooperatives Union
Hosted by:
Chinese Academy of Financial Inclusion (CAFI)
Renda Puhui (Beijing) Consultation Co., Ltd.
Lead Sponsor:
HSBC Group
Public Interest and Charity Partner:
Bill & Melinda Gates Foundation
Special Partners:
International Finance Corporation (IFC)
SME Finance Forum
Sponsors:
Visa, China Minsheng Bank, Ant Financial Group, CreditEase, Bairong Financial Service, Bangxin Asset, JD Finance
IV.Objectives
IFCFI2016 aims to provide a global event for regulators, policymakers, academics, practitioners to exchange ideas and explore financial inclusion under the theme ofNew Strategy and New Technology, accelerating the development of China’s Financial Inclusion and exploring China inclusion finance development road map.
V.Keynote Speakers
The Forum will invite leaders from central and local governments and the country\'s top experts in the financial inclusion sector. We will invite international heavy weight guests as keynote speakers, including representatives from World Bank, IFC, andSME Finance Forum, etc.
VI.Audience
Financial Inclusion related policy-makers, researchers and practitioners from government, institutes, private sectors, and international and civil society organizations.
VII.Format and Schedule
It will be 3 days even held in Beijing from August 25-27, consist of China-Latin America Microfinance Summit, Opening Ceremony, Plenary Sessions, ParallelForums, Workshop sessions and Closed Door Meeting.
VIII.Language
Mandarin, English and Spanish will be the working languages and simultaneous translation will be provided.
