Asia: Managing Beyond Crisis
Boao Forum for Asia Annual Conference 2009
Asia: Managing Beyond Crisis
Boao Forum for Asia Annual Conference 2009
Thursday, April 16
07:00 - 22:00 / Registration(MeilanAirport, Haikou)
16:00 – 17:30 / BFA Board of Directors Meeting
(ICC, Level 1, Peacock IV)
18:00 - 18:45 / BFA Members General Meeting
(ICC, Level 1, Dong Yu Grand Ballroom A)
19:00 - 20:30 / BFA Members and Sponsors Welcome Dinner
(Sofitel Hotel, 1st Floor, Symposium Restaurant)
Friday, April 17
07:00 - 22:00 / Registration(MeilanAirport, Haikou)
07:00 - 14:00 / BFA “New Fortune Cup” Golf Invitational 2009
(Dong Yu Island, BFA ICC Golf Club)
14:00 – 14:30 / Shanghai General Motors Official Vehicle Handover Ceremony
(ICC, Southern Entrance)
15:00 - 15:30 / BFA AC 2009 Press Conference
(Sofitel Hotel, Oriental Theatre, 1st Floor)
15:30 - 17:30 / Young Leaders Roundtable：Leadership In a Time of Crisis
(ICC, Level 1, Dong Yu Grand Ballroom A)
(Invitation Only)
Moderator: RUI Chenggang, Anchor, China Central Television
Co-Chairmen: Tony BURKE, Minister for Agriculture, Fisheries and Forestry, Australia
Robin LI, Co-Founder, Chairman & CEO, Baidu
17:40 - 18:10 / Young Leaders Roundtable Co-Chairmen Press Briefing
(ICC, Level 1, Dong Yu Grand Ballroom A)
16:00–17:30 / China’s Real Estate Market
(ICC, Level 1, Dong Yu Grand Ballroom B)
Moderator: QIN Shuo,ChiefEditor, China Business News
Panelists: PAN Shiyi, Chairman, SOHO China Ltd.
REN Zhiqiang, President, Huayuan Group
Jackson XU, President, Oulin Group
18:00–20:00 / Buffet
(Sofitel Hotel, Asiana Restaurant, Le Mistral and Symposium)
18:00–20:00 / VolvoOcean Race Theme Cocktail
(Sofitel Hotel, Leisure Bar – Wan Quan Swimming Pools Area)
18:00–20:00 / SABIC Reception
(Sofitel Hotel, River Ranch BBQ Restaurant)
(Invitation Only)
18:00–20:00 / FMG Cocktail
(Sofitel Hotel, Symposium Restaurant, Balcony)
(Invitation Only)
19:00–21:30 / Kazakhstan Cocktail
(Sofitel Hotel, Level 5, Sofitel Club)
19:30 - 20:00 / Opening of the Boao Asia Contemporary Art Exhibition
(ICC, Level 1, Western Entrance)
20:30 - 22:00 / How the Markets Can Drive Asia’s Recovery
(ICC, Level 1, Dong Yu Grand Ballroom B)
Asia’s capital markets are drawing the attention of global investors, both as an indicator of economic health in Asia and as an important source of corporate financing. Hard hit by the financial crisis, how can the Markets get back on its feet and drive the recovery? What risk control measures should be taken? What can be expected from regional cooperation of the Markets in Asia?
Moderator: WANG Boming, Chairman, the Stock Exchange Executive Council
Panelists: YAO Gang, Vice Chairman, China Securities Regulatory Commission
Peter CLARKE, Group Chief Executive, MAN Investments
LI Jiange, Chairman, China International Capital Corporation
Daniel TSAI, Chairman, Fubon Financial Holding Co. Ltd.
ZHAO Danyang, Director, Pureheart Asset Management
Charles LI, Chairman, J.P. Morgan Chase China
21:30 - 23:30 / Bank of America and Merrill Lynch Welcome Reception(Sofitel Hotel, Level 2, Lobby Bar)
Saturday, April 18
08:30 - 09:30 / Imagine-Asia: Tapping into Asia’s Creative-Industry Potential(ICC, Level 1, Dong Yu Grand Ballroom A)
Given the ever-increasing popularity of Asian culture in the west and its inclusion in western cartoons, movies, and the entertainment industry overall, how can Asians in creative industries like advertising and gaming incorporate more of their own cultural heritage into artistic projects here at home? What are the opportunities forthose in Asia’s creative industries?
Moderator:Anthony YUEN, Chief Commentator, PhoenixSatellite TV
Panelists: Sir Martin SORRELL, Chairman, WPP
Jackie CHAN, Vice Chairman, China Film Association
LIU Changle, Chairman & CEO, Phoenix Satellite TV
Andre MORGAN, Director & Producer, Hollywood
Neil SHEN, Founding Managing Partner, Sequoia Capital China
08:30 - 09:30 / Another Winter for Internet? – Driving Growth Through Innovation
(ICC, Level 1, Dong Yu Grand Ballroom B)
The financial crisis has hit all sectors of the world economy hard, and the tech industry is no exception – a sharp role reversal from 2001 when the tech downturn affected the wider economy. What lessons did the industry learn after the 2001 that can help it now? Will dot-com companies survive and grow stronger? Can IT’s famedinnovation and resiliency help toput theindustry and the real economy back on track?
Moderator: Kai-Fu LEE, Global Vice President, Google
Panelists: XI Guohua, Vice Minister of Industry and Information Technology, China
Martin LAU, President, Tencent Holdings
Mark PENN, CEO Worldwide, Burson-Marsteller
Charles CHAO, CEO, Sina.com
DING Lei, CEO, Netease
Ya-Qin ZHANG, Corporate Vice President, Microsoft Corporation
09:30 - 10:30 / Contemplation and Communication in Search of the Value Consensus in Asia--- Boao Asia Contemporary Art Salon
(Sofitel Hotel, Level 1, Oriental Theatre)
Artists will share how their heritage influences their work, their sources of inspiration, and their views on Asian art’s place in the global art community.
Moderator: FAN Di’an, Director, ChinaArt Museum
Panelists: ZHAO Li, Professor, ChinaCentralAcademy of Fine Art
ZENG Fanzhi, Artist, China
11:00 – 12:30 / Opening Plenary: “Asia – Managing Beyond Crisis”
(ICC,Level 2, BFA Main Hall)
Chairman: LONG Yongtu, Secretary General, Boao Forum for Asia
Welcome Remarks:
Fidel V. RAMOS, Chairman, Board of Directors, Boao Forum forAsia,
Former President of the Philippines
Keynote Speech:
WEN Jiabao, Premier, People’s Republic of China
Nursultan Abishevich NAZARBAYEV, President, the Republic of Kazakhstan
Asif Ali ZARDARI, President, Islamic Republic of Pakistan
NGUYEN Tan Dzung, Prime Minister, the SocialistRepublic of Vietnam
Sanjaagiin BAYAR, Prime Minister, Mongolia
John Key MP, Prime Minister, New Zealand
Parviz DAVOODI, First Vice President, Islamic Republic of Iran
Corporate Representatives:
Prince Saud Bin Thenayan Al-Saud, Chairman, the Royal Commission for Jubail and Yanbu;Chairman, Saudi Basic Industries Corporation (SABIC)
Andrew FORREST, CEO, Fortescue Metal Group Limited
Par OSTBERG, Senior Vice President, Volvo Group
12:45- 14:15 / Luncheon hosted by Hainan Provincial Government
(ICC, Level 1, Dong Yu Grand Ballroom C & D)
(Invitation Only)
Moderator: JIAN Sixian, Vice Governor, Hainan Provincial Government
Welcome Remarks:LUO Baoming, Governor, Hainan Provincial Government
Keynote Speech: The World Economic Outlook
Moderator: LONG Yongtu, Secretary General, Boao Forum for Asia
Speakers: Yasuo FUKUDA, Former Prime Minister, Japan
ZENG Peiyan, Former Vice Premier, P. R. China
12:45- 14:30 / Buffet
(Sofitel Hotel, Asiana Restaurant, Le Mistral and Symposium)
15:00 - 16:30 / Reform the International Financial System: the Role of Emerging Markets
(Sofitel Hotel, Level 1, Oriental Theatre)
When the Asian Financial Crisis hit in 1997, it exposed the vulnerabilities of emerging markets’ financial frameworks. These countries then turned to the US and other western economies for advice and expertise on how to manage through it. Ten years later, we are grappling with a US-based financial crisis, drawing attention tothe shortcomings of the US model. How should emerging markets cope with the increasingly complex international financial circumstances? What new financial architecture should be put in place to prevent similar crises? What is the role of emerging markets in it?
Moderator: Lawrence GREENWOOD Jr., Vice President, Asian Development Bank
Panelists: ZHOU Xiaochuan, Governor, People’s Bank of China
HENG Swee Keat, Managing Director, Monetary Authority of Singapore
LOU Jiwei, Chairman and CEO, China Investment Corporation
Nouriel ROUBINI, Professor of Economics, SternSchool of Business, New YorkUniversity
15:00 - 16:30 / Doha Round: Leading out of Crisis
(ICC, Level 1, Dong Yu Grand Ballroom A)
Has the financial crisis added to the complexity of the Doha Round negotiations or will countries now be more willing to compromise on agricultural import rules and tariffs? Representatives from both developed and developing nations discuss the dangers of protectionism, the importance of lowering trade barriers, and the best way forward from here.
Moderator:Lord Davidson, Advocate General, UK Government
Panelists: Pascal LAMY, Director-General, World Trade Organization
YI Xiaozhun, Vice Minister of Commerce, P.R. China
Hiroyuki ISHIGE, Vice Minister for International Affairs, Ministry of Economy, Trade and Industry (METI), Japan
Anne-Marie IDRAC, Minister of State for Foreign Trade, France
KIM Jong-hoon, Minister of Trade, Republic of Korea
17:00 - 18:30 / Balancing Financial Innovation, Openness and Oversight
(Sofitel Hotel, Level 1, Oriental Theatre)
The sub-prime crisis has forced us to take notice of the factthat the consequences of predatory lending and excessive speculation without effective oversight reverberate far beyond the United States. Panelists will explore ways of matching financial innovation and openness with due and timely oversight. In an era of global capital, how can countries and companies insulate themselves from regulatory risk all over the world?
Moderator: Leon BRITTAN, Vice Chairman, UBS Investment Bank
Panelists: LIU Mingkang, Chairman, China Banking Regulatory Commission (CBRC)
Gerry GRIMSTONE, Chairman, Standard Life
ZHENG Xinli, Permanent Vice Chairman, ChinaCenter for International
Economic Exchanges
MA Weihua, President and CEO, China Merchants Bank
Kim HONG, President Asia Pacific, Bank of Americaand Merrill Lynch
GUAN Jianzhong, Chairman & President, Dagong Global Credit Rating
17:00 - 18:30 / SME Strategies: Attracting Talent, Securing Financing & Achieving Growth
(ICC, Level 1,Dong Yu Grand BallroomA)
Even in down times, small and medium-sized enterprises (SMEs) demonstrate a remarkable ability to innovate and demonstrate an incredible resilience and potential to generate new jobs. On the downside, however, they are plagued by a difficulty in attracting talents, securing capital. Panelists will examine effective talent, financing and growth strategies for SMEs and how they can weather the recession.
Moderator:XIANG Bing, Founding Dean, CheungKongGraduateSchool of Business
Panelists: SCHIVE Chi, Chairman, Taiwan Stock Exchange Corporation
James QUIGLEY, Chief Executive Officer, Deloitte Touche Tohmatsu
LIU Chunhang, Director General, Statistics Dept. & Research Dept., China Banking Regulatory Commission
Wolfgang LEHMACHER, President & CEO, GeoPost InterContinental
Richard ZHANG, Partner, Apax Partners
Gunjan SINHA, Chairman, Metricstream Inc.
19:00- 20:30 / Dinner Session: The U.S., Asia and the Future
(ICC, Level 2, BFA Main Hall)
Moderator:LONG Yongtu, Secretary General, Boao Forum for Asia
Speaker: George W. BUSH, Former President, the United States of America
20:30 - 22:00 / Deloitte Cleantech Soiree: A Cleantech Future and the Future of Cleantech
(ICC, Level 1, Peacock I)
(Invitation Only)
21:00 - 22:30 / Boao Salon: Social Entrepreneurship
(ICC, Level 1, Peacock IV)
(Invitation Only)
Chair: Simon ZADEK, Chief Executive, AccountAbility
LI Yifei, Managing Director, GLG China of GLG Partners
Sunday, April 19
09:00 – 10:30 / Price Fluctuations and Emerging Market Strategies(ICC, Level 1, Dong Yu Grand Ballroom A)
What implications do drastic fluctuations of oil, grain and ore prices have on trade, investment and the economies of emerging market countries? How should governments and businesses respond? What steps can be taken to reduce the volatility of such crucial commodity prices at the international, national and company levels?
Moderator: Stephen ENGLE, TV Correspondent, Bloomberg Television
Panelists: ZHANG Xiaoqiang, Vice Chairman, National Development and Reform Commission
FU Chengyu, President, CNOOC
Klaus ENGEL, Chairman of the Executive Board, Evonik Industries AG
Russell SCRIMSHAW, Executive Director Commercial, FMG
XU Lejiang, Chairman, Baosteel Group Corporation
Mohamed AL-MADY, CEO, Saudi Basic Industries Corporation
09:00 – 10:30 / Managing in Periods of Volatility
(ICC, Level 1, Dong Yu Grand Ballroom B)
Most companies’ primary response to the economic crisis is to cut costs to preserve margins and cash. A number of companies with strong balance sheets, however, view the crisis as an opportunity to take a more strategic approach, allowing them to emerge stronger and more competitive in the global marketplace as a result. What are the most promising opportunities to pursueand the appropriate strategies to deploy during this period of volatility?
Moderator: Joe FULLER, Co-Founder and CEO, Monitor Group
Panelists: LI Rongrong, Chairman, State-owned Assets Supervision and Administration Commission (SASAC) of the State Council
RAMADORAI S., CEO & Managing Director, Tata Consultancy Services
WEI Jiafu, President & CEO, COSCO
Susan CHANG, Chairwoman, Taiwan Financial Holding Co. Ltd
Jae Won CHEY, CEO, SK Holdings
10:30 - 11:00 / Break
11:00 - 12:30 / Private Equity & Venture Capital: Opportunities in Emerging Markets
(ICC, Level 1, Dong Yu Grand Ballroom A)
With global financial crisis and economic slowdown, what are the opportunities and challenges facing VC/PE in the Emerging Markets? Fund raising might be much more difficult but asset valuation has come down a lot. At the same time leverage become difficult to secure. What should be in place to regulatethe PE/VC industry and encourage funding for innovative small and medium companies especially in the technology areas?
Moderator: Neil SHEN, Founding Managing Partner, Sequoia Capital China
Panelists: DAI Xianglong, Chairman, National Council for Social Security Fund, China
Christopher BOWER, Chairman & CEO, Pacific Corporate Group
Bob NELSEN, Co-Founder & Managing Director, Arch Venture Partners
LIU Erh Fei, Head, China Region, Bank of Americaand Merrill Lynch
ZHANG Yichen, CEO, CITIC Capital Holdings Limited
11:00 - 12:30 / Best Practice of Doing Business in Emerging Markets
(ICC,Level 1, Dong Yu Grand Ballroom B)
Clearly, even with the global downturn, emerging market countries like China and India offer big potential for growth. Business leaders fromboth emerging market nations and developed countries will share their experiences doing business in emerging markets as well as their insights into bringing best practices to bearin markets very different from the US and Europe.
Moderator: Christopher GRAVES, President & CEO, Asia Pacific, Ogilvy Public Relations Worldwide
Panelists: Balalsubramanian MUTHURAMAN, Managing Director, Tata Steel Limited
Michael TRESCHOW, Chairman, Ericsson Group
LI Dongsheng, Chairman & CEO, TCL Corporation
Par OSTBERG, Senior Vice President, Volvo Group
12:45 - 14:45 / Luncheon Session: Time for a Green New Deal?
(ICC, Level 1, Dong Yu Grand Ballroom C&D)
The current financial crisis should not overshadow an even more pressing crisis facing mankind: environmental degradation and global warming. The UN Secretary General has called for a “Green New Deal,” urging governments to increase investments in clean energy, eco-agriculture, as well as energy-efficient transportation and housing. Is his call for a “Green New Deal” a realistic one in addressing bothenvironmental degradation/global warming and economic slowdown in this time of economic hardship? How do we best incentivize countries and organizations to “go green”? Which organizations have taken the lead in going green and what can the rest of us learn from them?Moderator: Christopher GRAVES, President & CEO, Asia Pacific, Ogilvy Public Relations Worldwide
Speaker: His Excellency Mr. Matti VANHANEN, Prime Minister, Finland
Panelists: WAN Bentai, Chief Engineer, Ministry of Environmental Protection, China
Jayoung KOO, President & CEO, SK Energy
Steen RISGAARD, President & CEO, Novozymes A/S
13:00 - 16:00 / TV Forum: The China Factor in the New Globalized Era
(Gold Coast Hot Spring Hotel, Level 1, Boao Room)
15:00 - 17:30 / International Financial Crisis and Cross-Straits Financial Cooperation
(ICC, Level 1, Dong Yu Grand Ballroom A)
Financial experts and bankers from across the Taiwan Straits will explore the impact of the international financial crisis on the financial industries, lessons to be learned, ways of cooperation to deal with the crisis as well as the prospect of financial cooperation across the Straits.
Co-Chairs: CHEN Jinhua, Honorary Chairman, China Federation of Enterprises; Chief Advisor, Boao Forum for Asia
Fredrick CHIEN, SeniorAdvisor, Cross-Strait Common Market Foundation
15:00 - 16:30 / Financial Crisis and International Tourism
(ICC, Level 1, Dong Yu Grand Ballroom B)
The global financial crisis has brought major challenges to the world’s tourism industry. Against such a background, it is crucial for government officials and tourism industry practitioners to assess the impact and challenges, leverage on favorable conditions and potential opportunities, seek channels of cooperation and explore policy options and measures to stimulate tourism development, thereby facilitating the global economic recovery.
Moderator: Angela Chow, Presenter,Phoenix TV
Panelists: Geoffrey LIPMAN, Assistant Secretary-General, World Tourism Organization
SHAO Qiwei, Chairman,China National Tourism Administration
Yoshiaki HOMPO, Commissioner, Japan Tourism Agency, Ministry of Land, Infrastructure, Transport and Tourism
Sastihara PICHAICHANNARONG, Permanent Secretary, Ministry of Tourism and Sport, Thailand
CHEN Cheng, Vice Governor, Hainan Provincial Government
GAI Zhixin, Chairman, China International Travel Service Group Co. Ltd.
16:30 - 17:00 / Break
17:00 - 18:00 / Boao TV Debate: The Next Competitive Edge of Asia
(Sofitel Hotel, Oriental Theatre, 1st Floor)
As export-led models and foreign capital flows become less viable, it is now imperative for Asian economies to seek out and build their own competitive advantages. What critical transformation and structural adjustments does Asia need to undertake to stand on its own feet? Should central planners rather than private enterprise pave the way ahead? In an age of protectionism, what can finance Asia’s next growth – domestic consumption, innovation, human capital?
Moderator: Martin SOONG, Anchor, CNBC
Panelists: Susan WHITING, Vice Chair, The Nielsen Company
XU Xiaonian, Professor, ChinaEuropeInternationalBusinessSchool
John RUTLEDGE, Former Financial Advisor of U.S. Presidents
FAN Gang, President, National Economic Research Institute, China
18:30 - 19:00 / Press Conference
(ICC, Level 1, Peacock I)
18:30 - 20:00 / Farewell Dinner
(Sofitel Hotel, River Ranch BBQ Restaurant)
20:15 - 22:00 / Farewell Party
(ICC, Level 2, Main Hall)
Performed by: Benshan Media ZHAO Benshan Xiao Shen Yang
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