FCGF & SRBF 2018

Day 1 – Monday, 27 August 2018
0800hrs

REGISTRATION 

0900hrs – 0955hrs

OPENING SESSION 

WELCOME ADDRESS 

S.S. Teo, Chairman, Singapore Business Federation

Lee Yi Shyan, Chairman, Business China

Opening Speech by Guest-of-Honour
Teo Chee Hean, Deputy Prime Minister and Coordinating Minister for National Security, Singapore

Launch of SBF Infrastructure Committee
M
emorandum of Understanding Signing Ceremony & Launch of BRI Training

0955hrs – 1005hrs

TEA AND NETWORKING BREAK

1005hrs – 1015hrs

Speech

Ding Xiangqun

Vice Governor of Guangxi Zhuang Autonomous Region, People’s Republic of China

1015hrs – 1025hrs

Speech

Zhang Shizhen

Vice Governor of Gansu Province, People’s Republic of China

1025hrs – 1115hrs

1 - OPENING PLENARY SESSION

LOOKING AT ASEAN 2030: CHALLENGES AND OPPORTUNITIES FOR ENSURING FUTURE PROSPERITY

Since its founding 51 years ago, the Association of Southeast Asian Nations (ASEAN) has established itself as the fastest growing economic region in the world. With a combined population of about 650 million, ASEAN is the world’s third largest market after India and China and represents a combined economy of more than US$2.6 trillion. ASEAN’s GDP growth over the next 12 to 15 years will continue to be driven by a favourable demographic profile, urbanization and industrialization which will drive growth for essential solutions and infrastructure, investment cooperation and greater economic integration.

Economic integration brings both opportunities and challenges. ASEAN’s future will be shaped by the way the member states respond to challenges:

  • What could be the factors that could disrupt or derail ASEAN growth scenario?
  • What is required to accelerate the region’s economic, trade, financial integration?
  • Against a backdrop of a shift from traditional manufacturing to technology-driven manufacturing processes, how will ASEAN remain a competitive manufacturing hub?
  • Will the region be able to produce the kind of skills that will allow the region to remain competitive vis à vis the competition from countries such as China and India, in order to sustain its growth?
  • Will the region strengthen its political and business governance and adapting its legal and regulatory frameworks to the requirement of the 21st century economy?

PANELLISTS

  1. Anurag AVULA, Chief Executive Officer, Shopmatic Pte Ltd, Singapore
  2. Liam FOX, United Kingdom Secretary of State for International Trade, United Kingdom
  3. Selena LING, Chief Economist, Overseas Chinese Banking Corporation Limited, Singapore
  4. QIU Zhikun, General Manager and Country Head, Bank of China Singapore Branch, Singapore 
  5. Robert YAP, Executive Chairman, YCH Group; Chairman, ASEAN Business Advisory Council, Singapore

MODERATOR
Clyde PRESTOWITZ, President, Economic Strategy Institute, United States of America

1115hrs – 1210hrs

2A – PANEL DISCUSSION
BRI & CONNECTIVITY TRACK 1: WHAT NEXT FOR THE BELT & ROAD TRILLION DOLLARS INFRASTRUCTURE PLAN?

After the slow pace of implementation of projects in 2017, Beijing has been keen to accelerate the pace for developing BRI projects, putting more pressure on SOEs to deliver. At the same time, as the extent of the scope and ambitions of the BRI becomes clearer, the question of the need to involve more sources of financing is assuming a greater relevance and urgency. What could that mean for foreign investors? 

  • Five years after the launch of the BRI, where do we stand in terms of projects undertaken?
  • What financing opportunities are there for non-Chinese financial institutions beyond the construction work? And on what terms?
  • Is there now a need for more scrutiny on the risks involved given the slow pace of project realization until recently?

PANELLISTS

  1. Yaseen ANWAR, Senior Advisor, Industrial and Commercial Bank of China, Singapore
  2. CHENG Manjiang, Chief Economist, Bank of China International (BOCI); Chief Executive Officer, BOCIResearch Company, People’s Republic of China
  3. KOW Juan Tiang, Deputy Executive Director, Infrastructure Asia, Singapore
  4. LIANG Di, Deputy General Manager, Corporate Banking Department, China Construction Bank, People’s Republic of China
  5. Lisa ROBINS, Global Head, Transaction Banking, Standard Chartered PLC, Singapore

MODERATOR

TEO Eng Cheong, Chief Executive Officer (International), Surbana Jurong Group, Singapore 

2B -  PANEL DISCUSSION
INNOVATION TRACK 2: NETWORKING STARTUPS ECOSYSTEMS TO PROMOTE ENTREPRENEURSHIP AND BOOST INNOVATION

Business formation is down, but start-ups are in high gear. Start-ups are flourishing in China, Singapore and other ASEAN countries, contributing to a reshaping of the economic and business fabric in the respective countries, and helping to create new sources of growth. Although many of these startups may fail, the start-ups create dynamism in economic development.

  • What possible linkages or collaboration among these start-ups would increase efficiency and the chances of success?
  • How to develop the role of cross-border venture capital involvement in the region?
  • What role could Singapore play as a technology and financial hub?

PANELLISTS

  1. AI Yu, Managing Director, China Everbright Limited, People’s Republic Of China
  2. Grace SAI, Co-founder and Chief Executive Officer, Found. Ventures, Singapore
  3. Barak SHARABI, Chief Global Strategy, Infinity Technologies Pte, Thailand
  4. TEH Hua Fung, Group Chief Financial Officer and Chairman, China, One Championship, Singapore  
  5. Claudia ZEISBERGER, Senior Affiliate Professor, Decision Sciences and Entrepreneurship & Family Enterprises, Academic Director Global Private Equity Initiative, INSEAD, Singapore

MODERATOR

Steve LEONARD, Founding Chief Executive Officer, SGInnovate, Singapore

2C - PANEL DISCUSSION
ASEAN TRACK 3: STEERING ASEAN IN A WORLD OF ECONOMIC CLUSTERS

The world’s economic map is today dominated by many clusters. Each cluster varies in intensity and effectiveness levels where economic interaction is concerned. These clusters span across the European Union and the Eurozone area to the North American industrial platform that NAFTA has created, to ASEAN and the ASEAN-China increasing interaction, to the North-East Asia de facto cluster created by the increasing economic and business links between China, Japan and Korea (despite the bursts of political tensions between these countries).

  • How does ASEAN figure in this world of clusters in terms of regional economic integration which promote business, trade and financial interaction among its member states?
  • What would the completion of the Regional Comprehensive Economic Partnership (RCEP) mean for business in terms of new opportunities?
  • What would the deepening of ASEAN’s economic engagements with its FTA partners mean in terms of strengthening ASEAN positioning as a singular and sizeable economic bloc?

PANELLISTS

GAO Haihong, Professor and Director, Institute of World Economics & Politics, Chinese Academy of Social Sciences, People’s Republic of China

Joe HORN Phathanothai, Founder and  Chief Executive Officer, Strategy613, Thailand

KEOY Soo Earn, Regional Managing Partner, Financial Advisory, Leader, Mergers & Acquisitions, Deloitte Southeast Asia, Singapore

Gita Irawan WIRJAWAN, Co-Founder and Chairman, Ancora Capital Management; Former Minister of Trade, Indonesia

MODERATOR

Claude SMADJA, President, Smadja & Smadja Strategic Advisory Inc., Switzerland               

1210hrs – 1330hrs

3 - PLENARY LUNCHEON 

IN CONVERSATION WITH MINISTER ONG YE KUNG: INNOVATION AND ENTERPRISE IN THE AGE OF DISRUPTION

Against a backdrop of disruptive technologies, the harnessing of innovation is key to enterprise advancement. For businesses, how can they embrace and adopt disruptive technologies, translate it into innovation and leverage innovation for new business opportunities? How can companies – especially the start-ups – build on their entrepreneurial spirit to generate new ideas and turn them into new business realities, sustained by new business models?

Start-ups and entrepreneurs can be the corporate champions of tomorrow by riding on the technology innovation to disrupt the current economic system, improve the economic efficiency and create better economic spinoffs the corporate champions of tomorrow. In an environment which requires and rewards future-oriented entrepreneurial spirit and leadership, business leaders and entrepreneurs need to know how to develop and nurture the strategies and the corporate culture that will help anticipate the next breakthrough and be one step ahead of the curve. Digital technology today is rapidly transforming markets and will lend value to the companies that master it. 

PANELLISTS

  • ONG Ye Kung, Minister for Education, Singapore
  • LAI Chang Wen,Co-founder and Chief Executive Officer, Ninja Van, Singapore
  • LI Jianggan, Founder and Chief Executive Officer, Momentum Works, Singapore
  • TAN Kiat How, Chief Executive Officer, Infocomm Media Development Authority, Singapore
  • TAY Choon Chong, Managing Partner, Vertex Ventures China, People’s Republic of China

MODERATOR

James TAN, Managing Partner, Quest Ventures, People’s Republic of China

MOU Signing 

1340rs – 1500hrs

4 - PLENARY SESSION

BEIJING GROWTH MODEL: THE “CHINA DIFFERENCE”  AND HOW IT IMPACTS CHINA’S DEVELOPMENT AND ITS CONNECTIVITY TO THE WORLD ECONOMY AND ASEAN

The 19th National Congress of the CCP has confirmed that the Chinese leadership is intent to pursue the country’s economic development according to its own model and that it is focusing on improving the efficiency of its “socialist market economy”. The difference between the Western traditional economic model and the Chinese one is beginning to raise a number of issues and challenges as China now represents about 19% of the total world GDP and is the world’s number one economy in PPP terms. This is also translating into trade tensions between China with the US and Europe on one hand, and between China and the rest of the world on the other hand.

  • How can the two systems manage to co-exist and interact fruitfully to the benefit of the world’s economy?
  • How is ASEAN dealing with the specific nature of the Chinese growth model and what lessons could be drawn for other countries?
  • What are the structural adjustments that could be required as the global economy now has to contend with a big new player whose economic and technological might keep expanding?

PANELLISTS

Joshua EISENMAN. Assistant Professor, University of Texas-Austin’s Lyndon Baines Johnson School of Public Affairs; Senior Fellow for China Studies, American Foreign Policy Council, United States of America

LEI Yi, Professor, Institute of Modern History, Chinese Academy of Social Sciences, People’s Republic of China

Benjamin Kang LIM, Former Bureau Chief, Reuters Beijing and Taipei, People’s Republic of China

Brian B SHEGAR, President, UAE Singapore Business Council; Director, Nexus Business Services Pte Ltd, Singapore

Levin ZHU, Financial Expert, People’s Republic of China 

MODERATOR

Claude SMADJA, President, Smadja & Smadja Strategic Advisory Inc., Switzerland

1500hrs – 1530hrs 

TEA AND NETWORKING BREAK

1530hrs – 1700hrs

5A - PANEL DISCUSSION
BRI & CONNECTIVITY TRACK 1: GREENING THE NEW SILK ROAD TOWARDS SUSTAINABLE DEVELOPMENT: THE OPPORTUNITIES FOR INVOLVEMENT AND GREEN FINANCE INVESTMENT

China is expected to install around a third of the world’s total wind energy, solar and hydroelectric generation capacity by 2021. A proportion of this will go into wind, solar and other renewable energy projects in the BRI countries. This is also an opportunity to scale-up green financing. Beijing committed to supporting green financing during the Hangzhou G20 summit in August 2016, and it is today the largest issuer of green bonds. The Asia Infrastructure Investment Bank is also officially on board for supporting projects which are “lean, clean and green".

  • What criteria should be used to prioritize clean projects?
  • How can Chinese and ASEAN companies be more complementary in their resources and expertise for conducting joint clean projects?
  • What is happening in green financing in ASEAN countries, to match what China and institutions such as the AIIB are implementing? 

PANELLISTS

  1. Danny ALEXANDER, Vice President and Corporate Secretary, Asian Infrastructure Investment Bank, People’s Republic of China  
  2. Nick COYLE, Chief Executive Officer and Executive Director, China-Australia Chamber of Commerce, People’s Republic of China
  3. Rana KARADSHEH-HADDAD, Singapore Country Manager and Chief Investment Officer, International Finance Corporation (IFC), World Bank Group, Singapore
  4. LEE Seng Chee, Partner, PricewaterhouseCoopers, Singapore
  5. LIANG Di, Deputy General Manager, Corporate Banking Department, China Construction Bank, People’s Republic of China  
  6. YU Long, Founder, Yunnan Water Investment Co Ltd, People’s Republic of China

MODERATOR

Edmund HUI, Chief Executive Officer, NVC Lighting & Electrical Technology (S) Pte Ltd, Singapore 

5B - PANEL DISCUSSION
INNOVATION TRACK 2: TOWARDS A MORE INTENSIVE CHINA-ASEAN TECHNOLOGICAL INTERACTION: OPENING NEW PROSPECTS FOR TECHNOLOGICAL INNOVATION AND DEVELOPMENT

China is steadily achieving technological superiority in the key areas of IOT, artificial intelligence, robotics, and e-commerce. However, despite the China-ASEAN Science and Technology Partnership Program jointly launched by the Ministers of Science and Technology of China and ASEAN, not much has really happened in terms of technology transfers and collaboration to promote more technological innovation.

  • What are the priority domains of technological innovation on which greater efforts for technology transfer and collaboration should focus?
  • What role could Singapore play as a regional technology springboard?
  • What is needed to accelerate and expand the technological interaction and investments from high-tech Chinese companies in ASEAN to create new opportunities for these companies while creating an additional boost to the regional economies?
  • What are the complementarities on science & technology between China and some ASEAN members which could be leveraged more for mutual benefit?

PANELLISTS

  1. CHEN Haibo, Chief Executive Officer and Founder, Deepblue Technology Co. Ltd., People’s Republic of China
  2. CHEN Ning, Founder and Chief Executive Officer, Shenzhen Intellifusion Technology Co. Ltd., People’s Republic of China
  3. LEI Ming, Co-Founder, Baidu Inc.; Founder, Kuwo Music, People’s Republic of China
  4. Lennon TAN, Group Chairman, Jing King Tech Group, Singapore

MODERATOR

Aylwin TAN, Chief Customer Solutions Officer, Ascendas Singbridge Pte Ltd, Singapore

5C – PANEL DISCUSSION
ASEAN TRACK 3: LEVERAGING THE FAST EXPANDING POTENTIAL OF THE SHARING ECONOMY


According to the State Information Center of China, the market value of the sharing economy was 4.5 trillion yuan (about 680 billion U.S.$) in 2017, and this sector is expected to maintain an annual growth of about 40% over the next few years. This business model which was developed in the consumption sector is now fast expanding to manufacturing and artificial intelligence (AI) enterprises, generating new growth potential. The sharing of production materials has become more widespread and knowledge sharing is on the rise. However, the rise of the sector is creating the need for guidelines and regulations. The Chinese government aims to encourage innovation in the sharing economy while regulating the sector. Specific employment and taxation policies would also be adopted to assure the sharing economy's growth.

  • How best to get involved in this fast expanding sector of activity?
  • What opportunities for partnership between Chinese and ASEAN companies? 

PANELLISTS

  1. Eugene LEE, Chief Operating Officer, GoGoVan, Hong Kong SAR
  2. Ray MA, Founder and Chief Executive Officer, Baizu, People’s Republic of China
  3. Jim TAN, President, Sharing Economy Association of Singapore, Singapore
  4. ZHANG Tuo, Founder and Chief Executive Officer, Guan Zhong Wang, People’s Republic of China 

MODERATOR

Yaël SMADJA, Chief Executive Officer, Smadja & Smadja, United States of America

1700hrs – 1830hrs

6A - PANEL DISCUSSION
BRI & CONNECTIVITY TRACK 1: HOW TO MAKE THE BELT & ROAD INITIATIVE A BOOSTER FOR ASEAN'S CONNECTIVITY?

 


According to a study from UNCTAD, ASEAN countries will need to invest between US$60 and US$146 billion per annum until 2025 in the different infrastructure sectors, to sustain their growth, achieve their objectives in poverty eradication and be able to offset the impact of climate change. Chinese investments related to the B&R Initiative have exceeded US$60bn since 2013 and set to pick up with US$600-800bn investments planned for the next five years. 

  • Chinese companies are taking an increasingly larger role in infrastructure projects and the Belt and Road Initiative is bound to increase significantly the role of Chinese investment.
  • What is needed to implement infrastructure – especially railways and logistics - connectivity among ASEAN countries in the context of BRI-initiated projects?
  • How can governments and companies optimize the development impact of the BRI for ASEAN countries?
  • Are there areas in which ASEAN companies can complement the strength of Chinese companies in the infrastructure domain?

PANELLISTS

  1. Haryanto ADIKOESOEMO, President Director and Group Chief Executive Officer, PT. AKR Corporindo Tbk., Indonesia
  2. CHOI Wing Hung, Ricky, Senior Economist, Bank of China (Hong Kong) Limited, Hong Kong SAR
  3. PHUA Yung Keat, Vice-President, Sustainable Urban Development, Ascendas-Singbridge Pte Ltd, Singapore
  4. TEO Eng Cheong, Chief Executive Officer (International), Surbana Jurong Group, Singapore
  5. Kelvin ZHENG, Founder and Chief Executive Officer, Platinum Analytics & Technologies, People’s Republic of China

MODERATOR

Mark RATHBONE, Partner, Asia Pacific Leader, PricewaterhouseCoopers, Singapore

 

6B – PANEL DISCUSSION
INNOVATION TRACK 2: BLAZING THE AI AND BLOCKCHAIN TRAIL: HOW CHINA'S AMBITIOUS PROGRAMS COULD RESHAPE ITS ECONOMY AND THE WORLD'S TECHNOLOGICAL BALANCE

China has launched a major effort to become a key center for the development of AI, with huge investments and concerted advances by the government and the private sector to create a US$150billion AI industry by 2030. The country’s huge internet-connected population, the intensive expansion of e-commerce and fintech, the weakness of privacy laws in China give the country a big advantage in that domain which is central to the success of the “Made in China 2025” initiative and to China’s overall international competitiveness. At the same time, the development of blockchain technology and cryptocurrencies has become a hot topic in China.

While the People’s Bank of China (PBoC) announced an immediate ban on Initial Coin Offerings - and the shutdown of all domestic cryptocurrency exchanges, the Ministry of Industry and Information Technology launched the Trusted Blockchain Open Lab to promote the exploration of blockchain technology.

  • Many members of ASEAN are engaged in AI and blockchain development with Singapore in a leading position. How can China support AI development and adoption in ASEAN countries?
  • What is needed to develop AI talent and encourage AI adoption throughout ASEAN?
  • How could the development of blockchain technology become a game-changer for many sectors of ASEAN industry?
  • Are there frameworks for sharing of data that could be put in place at the ASEAN level to support AI and blockchain applications development? 

PANELLISTS

  1. CHEN Haibo, Chief Executive Officer and Founder, Deepblue Technology Co. Ltd., People’s Republic of China
  2. FAN Ling, Founder  and Chief Executive Officer, Tezign Tech & Design Ltd, People’s Republic of China
  3. ZHAO Hejuan, Founder and Chief Executive Officer, TMTpost Media Group, People’s Republic of China

MODERATOR

Eva AU, Managing Director, IDC Asia/Pacific, Singapore  

6C - PANEL DISCUSSION
ASEAN TRACK 3: BUYING INTO THE DIGITAL HEALTHCARE REVOLUTION

 

All over Asia, starting with China, the healthcare industry is going through major changes as it leverages the applications of disruptive technologies such as artificial intelligence, IOT, virtual and augmented reality. Such technologies bring digital solutions to healthcare challenges, providing enhanced healthcare services such as through improved diagnostic capabilities, tele-surgery, and online medical care. China’s mobile health market is expected to reach a value of US$3.7billion by end 2018. Healthcare organizations are increasingly unleashing the power of intelligent technologies to deliver personalized, efficient and informed care.  Major improvements in the domains of data capturing and sharing are helping doctors review the status of patients much faster and accurately than before. More generally, healthcare service providers are increasingly integrating the applications of intelligent technologies to deliver more efficient and informed care. Given the huge unmet demand in China and all over Asia, digitally enabled care is now considered a “must have” for delivering high quality care. Along with well-established healthcare companies, a huge number of start-ups created by digital health entrepreneurs are now contributing to the acceleration of the development of the digital healthcare industry.

  • What are the domains where advances in digital healthcare can be capitalized most rapidly?
  • To what extent is digital healthcare a game-changer in addressing the challenges of providing services in rural areas and in compensating for the lack of doctors in many areas of Asia?
  • As tech giants pour investments into the digital healthcare sector to capitalize on the business opportunities, how are startups able to create niches for themselves? 

PANELLISTS

Charles BARK, Founder and Chief Executive Officer, HiNounou Intelligent Robot Co. Ltd, People’s Republic of China

Eddy LEE, Managing Partners, Coffee Ventures, Singapore

Naoaki MASHITA, President and Chief Executive Officer (Founder),  V-Cube Inc., Japan

YAO Zhi Yong, Co-founder and Vice Chairman of the Board, Visual 3D, People’s Republic of China

MODERATOR

Eliza CHONG, Associate Director, Management Consulting, Medtech, APAC, IQVIA, Singapore

1845hrs – 2100hrs

WELCOME DINNER 

PROSPERITY THROUGH INNOVATION AND REGIONAL CONNECTIVITY

Ho Kwon Ping, Executive Chairman, Banyan Tree Holdings Limited, Singapore 

 

 

Day 2 – Tuesday, 28 August 2018
0900hrs - 1000hrs

7 - PLENARY SESSION
HOW MUCH WILL THE US CONTINUE TO CARE ABOUT ASEAN?

There is no underestimating the growing concerns among ASEAN countries about the U.S. staying power in the region—particularly after the U.S. withdrawal from the Trans-Pacific Partnership, and also in view of the almost exclusive focus that the Trump administration has devoted to Northeast Asia. The Indonesia visit of U.S. Vice-President Mike Pence last Spring was meant to send a reassuring signal about US intentions, along with President Trump’s participation in the APEC Summit last November.

  • Are there steps or initiatives that ASEAN countries would welcome to validate the statement from Secretary of State Tillerson that the Asia-Pacific region is a top priority of the Trump administration and that ASEAN is an essential partner?
  • To what extent can ASEAN implement a coordinated approach towards engaging the Trump administration?
  • How can ASEAN enhance its role and positioning as a crucial player for the maintenance of peace, security and stability in the region?

PANELLISTS

  1. Nathan BEAUCHAMP-MUSTAFAGA, Policy Analyst, The Rand Corporation Washington Office, United States of America
  2. Woosuk Kenneth CHOI, Executive Vice Chairman, International Press Institute (IPI),  Republic of Korea
  3. Charles E. MORRISON, Distinguished Senior Fellow, East-West Centre, United States of America
  4. Jonathan Duker POLLACK, Senior Fellow in Foreign Policy, The Brookings Institution, United States of America

MODERATOR

Claude SMADJA, President, Smadja  & Smadja Strategic Advisory Inc., Switzerland

1000hrs – 1030hrs

TEA AND NETWORKING BREAK 

1030hrs – 1300hrs

8 – PROMOTING REGIONAL INTEGRATION: CHINA-SINGAPORE (CHONGQING) CONNECTIVITY INITIATIVE -- SOUTHERN TRANSPORT CORRIDOR

Introduction

Opening Remarks 

  1. Singapore Minister for Trade & Industry, Chan Chun Sing
  2. PRC Ministry of Commerce
  3. Chongqing Mayor, Tang Liangzhi

Sharing by Government Officials 

Speakers:

  1. Deputy Secretary (Trade) of Singapore Ministry of Trade and Industry, Luke Goh
  2. Director-General of China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity Administrative Bureau, Han Baochang
  3. Deputy Director-General of Guangxi Department of Commerce, Liang Yiguang
  4. Deputy Director-General of Gansu Development and Reform Commission Wang Shangxue
  5. Deputy Director-General of Guizhou Department of Commerce, Huang Zhujun

Plenary I : Sharing by Companies on Commercial Outlook/Case Studies/Opportunities Arising from the CCI-STC

Speakers:

  1. Executive Chairman/Managing Director of Pacific International Lines & Chairman of Sino Singapore Chongqing Connectivity Solutions Co., Ltd, Teo Siong Seng
  2. Regional CEO (Northeast Asia) of PSA International, Roger Tan
  3. Vice Chairman of Seafood Industries Association Singapore & Managing Director of The Seafood Company Pte Ltd, Kenneth Chia
  4. General Manager (Sales & Operational Planning) of APRIL International Enterprise Pte Ltd, Indranil Sen
  5. Chairman of CCI Eurasia Land Bridge Logistics Development Co., Ltd, Wang Yupei
  6. CEO of ST Logistics and Executive Vice President of Global Logistics Singapore at Toll Group, Vincent Phang

Moderator:

Director (Chinese Media Group, Greater China) of Singapore Press Holdings, Gabbie Gu

Plenary II : Suggestions and Next Steps for the CCI-STC

Speaker:

Chairman of Kerry Logistics, George Yeo

Moderator:

Senior Fellow & Co-Coordinator (Vietnam Studies Programme) of ISEAS-Yusof Ishak Institute, Lye Liang Fook

 

1315hrs – 1500hrs

–  In conversation with Minister Chan Chun Sing "China-ASEAN Connectivity 2030" 

By 2030, ASEAN countries should be able to achieve full connectivity especially in the domains such as transport, ICT, people-to-people linkages as well as the institutional frameworks regarding trade and investment. With China fast becoming a super economic power, the regional trade connectivity with Singapore as the key node to ASEAN trade community will be very crucial to regional economic growth.  Full regional connectivity with an integrated ASEAN trade community will pave the foundation to global trade growth.  Full connectivity and integration among regional and ASEAN trade community is however quite an ambitious challenge considering what remains to be done to achieve connectivity among a number of services sectors in ASEAN countries, the elimination of existing investment restrictions and removing of obstacles to the mobility of skilled labour. However, achieving the connectivity objectives set in the Master Plan for ASEAN connectivity will be crucial if the region is to address successfully the challenges created by rapid urbanization, the ever rising expectations of a middle class that will set to double in size in the next 10 to 15 years and the need to maintain its overall competitiveness.

  • What should be the priority initiatives that will help accelerate the drive towards Connectivity 2030 for ASEAN countries?
  • How to align the interests and priorities of the different business communities in the region, as economies are at different levels of development?

PANELLISTS

  1. CHAN Chun Sing, Minister for Trade and Industry, Singapore
  2. Samuel TSIEN, Group Chief Executive Officer and Executive Director, Overseas Chinese Banking CorporationLimited, Singapore
  3. Barak SHARABI, Chief Global Strategy, Infinity Technologies Pte, Thailand
  4. Robert YAP, Executive Chairman, YCH Group, Chairman, ASEAN Business Advisory Council, Singapore  
  5. MODERATOR

LIM May-Ann 林美安, Managing Director, TRPC Pte Ltd, Singapore

Launch of BRI Connect
Launch of Singapore-China Open Innovation Platform
MOU SIGNING

1500hrs – 1600hrs

10 – PLENARY SESSION

HOW WILL THE DISRUPTIONS IN THE INTERNATIONAL TRADE SYSTEM IMPACT ASEAN COUNTRIES?

Trade and economic tensions between the US and China have been rising steadily even before the Trump administration came into power. The self-initiated anti-dumping action against Chinese aluminum producers and the probe against China intellectual property practices, under Section 301 of the Trace Act of 1974 which has been rarely used, are among other indications of the tougher line adopted by Washington in its relationship with China.

  • What could be the impact of a situation of permanent tensions – or even low intensity trade war - between Washington and Beijing on the international trade context and on ASEAN countries which have built much of its growth on  international free trade?  

PANELLISTS

  1. Munir NANJI, Managing Director - Global Subsidiaries Group Head Asia, Corporate & Investment Bank, Citi Group
  2. ONG Sin Beng, Executive Director, Emerging Markets Asia, Economic and Policy Research, JP Morgan, Singapore
  3. Clyde PRESTOWITZ, Founder & President, Economic Strategy Institute, United States of America
  4. Timothy STRATFORD, Managing Partner, Covington and Burling (Beijing Office),People’s Republic of China

MODERATOR

Russell FLANNERY, Editor-in-Chief, Forbes China, People’s Republic of China

 

1600hrs – 1700hrs

11A – PANEL DISCUSSION
BRI & CONNECTIVITY TRACK 1:
CHINA'S FINANCIAL MARKETS REFORM: HOW FAR, HOW DEEP? WHAT IMPLICATIONS FOR INVESTORS AND FOR THE RENMINBI?

Financial risk was identified as one of the top three priority problems – along with poverty and pollution - to be addressed through 2020, by the Central Economic Work Conference in December 2017. 

  • Is the tightening of credit growth conducted without impacting on economic growth?
  • How are the new regulations working?
  • What are the initial results of the cleaning up and of the tightening of control on the financial system?
  • How is the reduction of non-performing loans, shadow banking and interbank activities working?

PANELLISTS

  1. CHU Gang, Chief Operating Officer, China International Capital Corporation, People’s Republic of China
  2. FENG Aimin, Chief Product Specialist, Bank of China Ltd, People’s Republic of China
  3. Tommy XIE, Head of Greater China Research, Overseas Chinese Banking Corporation Limited, People’s Republic of China

MODERATOR

Kevin GIN, Founder and Principal, Executive Director, Alpha Capital Pte Ltd, Singapore

11B -  PANEL DISCUSSION
INNOVATION TRACK 2:
CREATING A NETWORK OF SMART CITIES AS A BOOSTER OF GROWTH AND TECHNOLOGY INNOVATION

China is moving full speed ahead in developing smart cities all over the country, with very ambitious projects being launched that are leveraging the latest developments in AI and IOT. According to a Deloitte report, China today has about half of the world’s 1,000 smart city pilot projects.

  • What could be the prospects and benefits of an ASEAN network of smart cities connecting and sharing technology to boost growth and innovation?
  • How will smart cities development enhance greater connectivity and accelerate the digital revolution that economies and companies need to undertake?
  • How to harness technological and financial capabilities in developing smart cities – and how to pool them?
  • What kind of synergies could be developed between Chinese smart cities and an ASEAN network of smart cities?

PANELLISTS

  1. Narsingh CHAUDHARY, Senior Vice President, Head of Strategy and Business Excellence, Siemens, Singapore  
  2. Lynn DAI, President, China Telecom (Singapore) Pte Ltd, Singapore 
  3. HIDEYUKI Oka, Chief Technology Officer, Panasonic Corporation, Japan
  4. LIU Feng, Vice President of Terminus Technologies, General Manager of Smart City Business Unit, People’s Republic of China
  5. LOY Chen Change, Associate Professor, Nanyang Technological University; Senior Research Consultant, SenseTime Singapore Office, Singapore

MODERATOR

Alex LIN, Partner, VisionEdge Ventures; Board Director, ACE and Entrepreneur in Residence, NTUitive, Singapore

11C - PANEL DISCUSSION
ASEAN TRACK 3: 
HOW E-COMMERCE COULD BE A MAJOR DRIVER IN ASEAN ECONOMIC BOOM?

 


With a booming middle class and 130 million people using smartphones (20% of ASEAN population), ASEAN is shaping up as the next growth frontier for e-commerce. The acquisition of Lazada (the largest Southeast Asian e-commerce site) by Alibaba in the Philippines, illustrated that key e-commerce companies are now paying to the ASEAN region as their next growth region. However, a number of challenges still need to be addressed.

Identifying the key expectations of the Chinese and ASEAN Millennials

  • How to manage the significant logistical obstacles which are still in the way of faster development and fulfillment of e-commerce?
  • To what extent BRI projects in the infrastructure and logistics domain could help?
  • How to create more unified regulatory and payment framework throughout the ASEAN area?
  • How will local e-commerce companies in ASEAN be able to compete and hold their ground vis à vis the Alibaba and Amazon giants which are interested to develop sales in the region? 
  •  

PANELLISTS

  1. Tony GAO, Co-founder and Chief Executive Officer, EasyTransfer Ltd, People’s Republic of China  
  2. William GONDOKUSUMO, Founder and Chief Executive Officer, Campaign.com; Director, Tororo.com (Indonesia), Indonesia  
  3. Wilson Wei GU, Founder of Wise Consulting; Invited consultant of the Shanghai Virtual Reality and Augmented Reality Industry Alliance, People’s Republic of China
  4. XUE Bin Vincent, Co-founder and Chief Strategy Officer, ezbuy Group Holdings, Singapore

MODERATOR

Yaël SMADJA, Chief Executive Officer, Smadja & Smadja, United States of America


 

1830hrs – 2000hrs

COCKTAIL RECEPTION