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    International Forum


    China Financial Inclusion 2017

    21-23 September

    Beijing  China

    The purport of the term financial inclusion is more profound than that of finance as

    traditionally defined. The key to the sustainable development of financial inclusion is

    building capacities for all stakeholders, especially for the traditionally disenfranchised

    segments of the society, through financial education and other capacity building

    initiatives that are available, accessible and affordable for all. To teach people to fish,

    figuratively speaking, the efforts undertaken in capacity building is aspired to fulfill the

    dual mandates of financial inclusion of social good and economic sustainability.

    To be specific, financial consumers shall improve their financial literacy and risk

    awareness, understand their rights and protection measures, and learn to leverage

    financial resources available to them; inclusive financial service providers shall

    improve their corporate governance, risk management capabilities, and business

    acumen to innovate their business models, products, and service offerings; and

    government authorities shall adapt themselves to the ever-changing market

    landscape and refine their policy-making and regulatory approaches accordingly.

    In this digitalized brave new world capacity building necessitates the unleashing the

    power of FinTech, and only by so doing could the coverage, accessibility, and adequacy

    of financial services be elevated and the development imperative of uplifting China’s

    financial inclusion to upper-middle level in the world by 2020, as established in the

    country’s The Plan for the Development of Financial Inclusion (2016-2020), be


    I. Theme and Topics

    As the slogan “Capacity Changes the World” indicates, this year’s Forum focuses upon

    pressing issues surrounding capacity building for financial inclusion stakeholders. A

    wide spectrum of discussion topics covers: policy-making and regulatory capacity;

    financial institutions’ corporate governance, skills to innovate, and risk savvy; client

    education and protection; digital dividend and divide, etc.. In addition, the first Sino-

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    Africa Summit on Digital Financial Inclusion is also to be held as a part of the event.

    The Forum will be divided to different sessions including opening ceremony, plenary

    discussions, parallel forums, workshop sessions and closed-door meeting.

    Specific topics includes:

    • Financial literacy and capacity building;

    • Consumer protection;

    • Governance and capacity for financial institutions;

    • Product and service innovation;

    • RegTech and regulatory capacity;

    • Development of FinTech; and

    • Digital dividend and divide.

    II. Organizational Structure

    Supported by:

    The People’s Bank of China (PBoC)

    China Banking Regulatory Commission (CBRC)


    Renmin University of China (RUC)

    China Banking Association (CBA)

    China Microcredit Companies Association (CMCA)


    Payment & Clearing Association of China (PCAC)

    China Foundation of Development of Financial Education

    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

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    The Consultative Group to Assist the Poor (CGAP)


    Visa, Ant Financial, Baidu, JD Finance, Credit Ease, AVIC Trust

    III. Keynote Speakers

    Leaders from central and local governments and leading experts in the financial

    inclusion-related areas will be invited to attend the Forum. Also attending are

    participants from the World Bank, IFC, SME Finance Forum, Accion and other

    international organizations.

    IV. Audience

    A diversified audience consists of policy makers, researchers and practitioners from

    government agencies, academia, think tanks, philanthropies, public interest groups,

    private sectors, and international organizations.

    V. Language

    Mandarin and English. Simultaneous translation will be provided.

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    Agenda1 (Draft)

    Pre-Session for International Forum for China Financial Inclusion

    Wednesday, September 20, 2017


    Featured Speech: The Global Landscape of Financial Inclusion (By Invitation Only)


     Michael CHU, Senior Lecturer, Harvard Business School; Academic Advisor, Chinese Academy of Financial Inclusion


    Renmin University of China

    Sino-Africa Digital Financial Inclusion Summit

    September 21, 2017

    08:00-08:50 Registration

    09:00-10:30 Opening Ceremony

    Chaired by

     Duoguang BEI, President & Co-Chairman, Chinese Academy of Financial Inclusion(CAFI)

    Keynote Speeches

     Zhong XU, Director-General, Research Bureau, The People’s Bank of China (PBoC); Secretary-General, China Association for


     Pierre GUISLAIN, Vice President, Private Sector, Infrastructure and Industrialization, The African Development Bank Group

     An executive from China Development Bank (TBD)

     Greta BULL, Chief Executive Officer, Consultative Group to Assist the Poor (CGAP); Director, the World Bank Group

     Elisabeth RHYNE, Managing Director, Center for Financial Inclusion at ACCION; Academic Advisor, Chinese Academy of Financial

    1 All the listed participants are to be confirmed

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     Jane XING, Deputy Director, Program-Related Investments, China, Bill & Melinda Gates Foundation

    10:30-10:50 Coffee Break

    10:50-12:00 Dance between the Dragon and the Lion: African Opportunities and China Values

    China is now Africa’s largest outside investor as well as its largest trade partner. The past decade has witnessed a surge in bilateral

    cooperation between China and Africa, especially in infrastructure and energy and natural resources sectors. As the developed

    economies still struggles with the hangover of the global financial crisis, China’s financial support to Africa’s economic development

    is of particularly great significance. This session will explore viable models for financial cooperation between China and Africa, including

    investment, collaboration, and technical assistance in financial services and digital technologies sectors.


     An executive from Finance Center for South-South Cooperation (TBD)


     Weiguo XIANG, President, China Micro-Credit Companies Association; Trustee, Board of Trustees, Chinese Academy of Financial


     Zujun ZHANG, Managing Director, China-Africa Fund for Industrial Cooperation Co., Ltd.

     Amina TIRANA, Senior Director, Global Financial Inclusion, Visa Inc.

     David PORTEOUS, Chairman, Digital Frontiers Institute

     John QU, Senior Partner & Leader of Greater China Financial Institution Group Practice, McKinsey & Co.

     Representative from Huawei Technologies Co., Ltd.

    12:00-13:30 Lunch

    13:30-15:00 Session 1 – Capacity Building for Covering the Last Mile

    Capacity building holds the key to the sustainable development of inclusive finance. In this session, two NGOs will share their stories

    and insights in financial literacy education and capacity building targeted at the previously marginalized segments of the society,

    especially those in rural communities, in China and in Africa, respectively. From their insights, it is hoped, will emerge some universal

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    principles and best practices that the attendants will find inspiration-provoking. Also featured in this session will be major findings of

    CAFI’s latest Report on Digital Financial Inclusion in Rural Areas.

    Launch of Report on Digital Financial Inclusion in Rural Areas


     Tim LIU, Executive Director & Senior Research Fellow, Chinese Academy of Financial Inclusion


     Yan LI, Director, Chinese Academy of Financial Inclusion; Professor, School of Business, Renmin University of China

     Joep ROEST, Senior Financial Sector Specialist, Inclusive Markets, Consultative Group to Assist the Poor (CGAP)


     Yue WU, Chief, Financial Education Division, Financial Consumer Protection Bureau, The People’s Bank of China

     Tongquan SUN, Director, Rural Finance Research Department, Rural Development Institute, Chinese Academy of Social Science

     Xiaolong JIN, Vice President, Ant Financial Services Group

     Nan LIU, Chairman, Nongxin Internet Microfinance Loan Co., Ltd.

     David PORTEOUS, Chairman, Digital Frontiers Institute

     Shamirah Kimbugwe PRINCESS MAZZI, Head, Agency Banking, MCash Uganda Limited

    15:00-15:30 Coffee Break