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AFCA Held “Belt and Road” Financial Cooperation Annual Forum 2023
On the morning of November 9, Asian Financial Cooperation Association (AFCA) successfully held “Belt and Road” Financial Cooperation Annual Forum 2023 in Beijing. The Forum is also one of the parallel forums of the Annual Conference of Financial Street Forum 2023, with the theme of “Promoting the Joint Construction of the ‘Belt and Road’ and Advancing Regional Cooperation and Win-Win Development”. AFCA was invited by the Organizing Committee as a special invited partner to jointly organized the Forum with China Galaxy Securities.
Ms. Pang Kuixia, Deputy Secretary-General of Asian
Financial Cooperation Association; Mr. Wang Sheng, the Secretary of the
Party Committee, Chairman, and President of China Galaxy Securities; Mr.
Renat Bekturov, Co-chair, “Belt and Road” Financial Co-operation
Committee of AFCA, and Governor of Astana International Financial Centre
(AIFC); Mr. Fu Hao, Co-chair, “Belt and Road” Financial Co-operation
Committee of AFCA, and Vice Chair, Global Business Development Committee
of Shanghai Stock Exchange attended the forum and delivered welcoming
speeches.
Mr. Guo Xiangjun, Member of the Party Committee, Executive
Vice President, and Deputy Chief Investment Officer of China Investment
Corporation (CIC); Mr. Zhang Wencai, Member of the Party Committee, and
Vice President of the Export-Import Bank of China; Mr. Zhang Hui, Member
of the Party Committee, and Vice President of China Export & Credit
Insurance Corporation; Mr. Xu Zhengyu, Secretary for Financial Services
and the Treasury of The Government of the Hong Kong Special
Administrative Region; Mr. Zhai Dongsheng, General Director of the Belt
and Road Initiative Center of NDRC of China; Mr. Li Yongchun, Deputy CEO
of Beijing Stock Exchange attended the forum and delivered keynote
speeches on the theme of the forum.
The forum released two outcomes.
The first is the “Asian Financial Cooperation Association-China Galaxy
Securities Belt and Road Financial Cooperation Practice Report ASEAN
Special Report 2023”, which mainly introduces ASEAN economic
development, provides insights and recommendations for Chinese
businesses expanding overseas and securing funding and projects in
Southeast Asia, and practice cases provided by AFCA members. The second
is the launch of the “Belt and Road” Connectivity Fund Products, namely
the Galaxy-Fullgoal CSI 1000 Index ETF, which is jointly released by
Singapore Exchange, CGS-CIMB and Fullgoal Fund, is set to be listed on
the Singapore Exchange concurrently with the Forum.
The Forum
featured two roundtable discussions, moderated by Ms. Li Qinghua,
General Manager, International Business Development of China Galaxy
Securities. The first discussion on “Investment and Financing Enabling
the Construction of the 'Belt and Road’” was chaired by Ms. Yang Rong,
Executive Director of the Financial Institutions Department, Head of
North Team of DBS Bank (China). Mr. Xu Jing, Deputy Director, Private
Equity Investment Department II of China Investment Corporation (CIC);
Mr. Masahiko Suga, President, Director of Mitsui Sumitomo Insurance
(China); Mr. Wang Dapeng, Managing Director, General Manager of North
China Corporates and Commercial Banking of Standard Chartered Bank; Ms.
Xie Jing, Deputy Head, Research Department of Silk Road Fund, explained
how investment and financing can positively empower the construction of
the BRF from the perspectives of banks, securities, investment, funds,
and insurance.
The roundtable discussion on “Promoting Capital
Market Connectivity in Belt and Road-Related Countries” was chaired by
Mr. Zhang Jun, Chief Economist and Head of Research of China Galaxy
Securities. Ms. Chen Qing, Chairman China, Managing Director of SGX
Group; Mr. Thomas Tey, Senior Vice President, Investments of Malaysia
Sovereign Wealth Fund Khazanah Nasional Berhad; Ms. Zhu Jingyu, Head of
China Market Development, Chief Representative Officer of Beijing Office
of Deutsche Boerse Group; Ms. Carol Fong, Group Chief Executive Officer
of CGS-CIMB shared experiences and suggestions on capital market
connectivity and other cooperation from the perspectives of exchanges,
securities and institutional investors.
The Forum was held in a
combination of online and offline modes, and more than 150 people from
financial regulators, AFCA member institutions, non-member financial
institutions, and relevant international organizations from more than 10
countries or regions, including China, Hong Kong China, Macao China,
Japan, Singapore, Malaysia, Kazakhstan, the United Kingdom, and Germany,
attended the forum on site.
Pic 1 Ms. Pang Kuixia, DeputySecretary-General of Asian Financial Cooperation Association moderated theForum and delivered Welcoming Speech
Pic 2 Mr. Wang Sheng, the Secretary of theParty Committee, Chairman, and President of China Galaxy Securities deliveredWelcoming Speech
Pic 3 Mr. Renat Bekturov, Co-chair, “Beltand Road” Financial Co-operation Committee of AFCA, and Governor of AstanaInternational Financial Centre (AIFC) delivered Welcoming Speech
Pic 4 Mr. Fu Hao, Co-chair, “Belt and Road”Financial Co-operation Committee of AFCA, and Vice Chair, Global BusinessDevelopment Committee of Shanghai Stock Exchange delivered Welcoming Speech
Pic 5 Mr. Guo Xiangjun, Member of the PartyCommittee, Executive Vice President, and Deputy Chief Investment Officer ofChina Investment Corporation (CIC) delivered Keynote Speec
Pic 6 Mr. Zhang Wencai, Member of the Party Committee, and Vice President of the Export-Import Bank of China delivered Keynote Speech
Pic 7 Mr. Zhang Hui, Member of the Party Committee, and Vice President of China Export & Credit Insurance Corporation delivered Keynote Speech
Pic 8 Mr. Xu Zhengyu, Secretary for Financial Services and the Treasury of The Government of the Hong Kong Special Administrative Region delivered Keynote Speech
Pic 9 Mr. Zhai Dongsheng, General Director of the Belt and Road Initiative Center of NDRC of China delivered Keynote Speech
Pic 10 Mr. Li Yongchun, Deputy CEO of Beijing Stock Exchange delivered Keynote Speech
Pic 11 AFCA and China Galaxy Securities released Belt and Road Financial Cooperation Practice Report ASEAN Special Report 2023
Pic 12 Singapore Exchange, CGS-CIMB and Fullgoal jointly released Galaxy-Fullgoal CSI 1000 Index ETF
Pic 13 Ms. Li Qinghua, General Manager, International Business Development of China Galaxy Securities moderated roundtable discussion
Pic 14 The Roundtable Discussion I -- “Investment and Financing Enabling the Construction of the 'Belt and Road’”
Pic 15 The Roundtable Discussion II – “Promoting Capital Market Connectivity in Belt and Road-Related Countries”