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The European Chamber is pleased to invite you to the 2024 kick-off meeting of the Financial Services Working Group (WG). The meeting will be held on 17th April, 15:30 – 17:00, offline at the European Beijing and Shanghai Offices, as well as online. Please note this event is only open to industry representatives.

  • 2024-04-17 - 2024-04-17 | 15:30 - 17:00
  • European Chamber Beijing and Shanghai Offices
Members only

The European Chamber Beijing CSR Forum is delighted to have expert from NAFMII (self-regulatory body under PBOC) to give a briefing on China social responsibility bonds on 11th July afternoon 2pm-3:30pm both online and offline, in order to ensure members can better understand the participation in the Chinese social responsibility bonds and sustainability bonds. The presentation will be followed by a panel discussion on Chinese CSR Bonds and EU Green Bonds, and expert from NAFMII, CACIB and Syntao will share their insights.

  • 2022-07-11 | 14:00 - 15:30
  • Beijing C405 meeting room +Zoom
Members only

With support from the EU Commission, EU Delegation, Chinese counterparts, European and Chinese Banks, this event will be an efficient dialogue platform to highlight EU-China cooperation on financial sectors, and bring together regulators and industry players to exchange views and help to facilitate challenges for a better market development.

  • 2021-05-19 | 09:30 - 12:00
  • Online (webinar link will be shared prior to the event)

report review "Home Advantage: How China’s Protected Market Threatens Europe’s Economic Power"

  • 2021-05-11 | 16:30 - 17:30
  • Online (webinar link will be shared prior to the event)

The People’s Bank of China (PBOC), the central bank, has been working on the digital yuan since 2014 and is currently leading the field on establishing a Central Bank Digital Currency (CBDC), which could lead China to become one of the first major economies to introduce a sovereign digital currency. In April 2020, PBOC launched a pilot program in four Chinese cities: Shenzhen, Suzhou, Chengdu, and Beijing’s satellite city Xiong’an.

The CBDC could have a major impact and, to a certain extent, challenge the dominant role of third-party payment systems such as Alipay and WeChat Pay. CBDC will be a replacement for cash and will be controlled by PBOC. Furthermore, if successfully deployed, CBDC may bring China one step closer to its goal for Yuan internationalisation.

A conversation on the progress made in China around CBDC as well as the possible outcome and impacts is truly necessary given the nature of CBDC as a potential game changer in the financial services sector.

The European Chamber is pleased to welcome Dr. Yong Xia, China Chief Architect at HSBC Shanghai and Dr. David Wen, Professor at Zhejiang University International Business School (ZIBS) who will bring valuable insights and perspectives on the matter at hand. Join us Tuesday, 13th March 4pm-5:30pm (GMT+8) online via Zoom.

  • 2021-04-13 | 16:00 - 17:30
  • Online
2
Nov
National > Working Group Meeting

Making it Rain: Challenges and Opportunities with SME Financing in China

What are the roadblocks encountered by these? The EU SME Centre and the European Chamber are pleased to invite you to our first Working Group meeting of Phase III of the Centre, where three expert panelists will discuss SME financing from the perspectives of banking, innovation funding and consumer finance. The meeting will take place on Monday, 2nd November from 16:00-17:30 both online and offline.

  • 2020-11-02 | 16:00 - 17:30
  • Zoom/Beijing Offices
Members only

Investment in the fintech sector has remained strong even in the face of turmoil and volatility in global markets and despite macroeconomic concerns. Demand for fintech innovations by financial institutions has continued to grow.

FinTech can bring numerous benefits to both consumers and businesses. . Fintech has grown for several reasons: changes in expectations about financial services and consumer behaviour; a more affordable infrastructure spurred by Artificial Intelligence (AI), big data and cloud computing; digital currencies and mobile technologies and their effect on reducing barriers to entry to the financial services industry. Fintech, thus, has continued to transform the global financial landscape. On the other hand, FinTech innovations can pose risk for consumers and businesses, with the increasing need of protecting the privacy of customers’ information in an online environment.

In this context, China has been at the forefront of the industry’s growth. China is the largest fintech market in the world, in 2018 it accounted for 46% of all fintech investments globally. China had the right conditions to promote this incredible development: traditional banking systems were not well-developed and the regulatory environment was far less constraining towards fintech businesses. These two factors combined boosted the industry in China.

The European Chamber is pleased to invite renown experts of the industry to offer insights, trend analysis and predictions for the evolution of the sector, as well lessons to be learnt from the Chinese model. We welcome Dr. Bonnie Buchanan, Head of Department of Finance and Accounting, Professor of Finance, University of Surrey (United Kingdom), Michael Moon, Managing Director, Payments & Trade Markets, Asia Pacific, SWIFT, Piyush Singh, Managing Director, Head of Financial Services Asia Pacific and Africa, Accenture, and Diego Garcia Fernandez, Head of Business Development Alipay Spain Wallet. and David Wen, Professor at the International Business School at Zhejiang University. Join us Thursday 3rd September, 4:00am-5:15pm (GMT+8) online via Zoom.

  • 2020-09-03 | 16:00 - 17:15
  • Online - Zoom Online Meeting Platform and in-person from the European Chamber Shanghai Office

Amidst rising political tension between the U.S. and China, China's financial sector has been undergoing accelerating transformation towards further opening-up its €39 trillion financial services industry, where even a small fragment of the market may be lucrative. In this sense, the upcoming event comes to show a model example of a foreign company seizing an opportunity and leading the way in what it was an untapped market for foreign companies until now.

The European Chamber is pleased to invite you to the second event of the series "The Future of Finance", which will take place on Monday 10th August 2020 at 4pm (GMT+8) and where Fritz Quinn, VP, Public Affairs and Communications, Japan, Asia Pacific and Australia at American Express, will share with participants American Express' experiencing obtaining the approval for their clearing license in China.

  • 2020-08-10 | 16:00 - 17:00
  • Online - Zoom Online Meeting Platform

As the financial services market in China continues to open up to foreign firms, foreign banks, insurers, and asset & wealth managers, interesting opportunities begin to arise. There are a number of challenges along the entire life-cycle, from the outset of thinking through the optimal entry strategy, to designing the operating model, through to navigating the local regulatory regime, and eventually building and scaling up a profitable franchise in China.
The European Chamber is delighted to invite you to the first event of the series "The Future of Finance", which will take place on Monday 27th July 2020 at 5pm (GMT+8). Participants can join online via Zoom or in person from the Shanghai Chapter of the European Chamber.

  • 2020-07-27 | 17:00 - 18:30
  • Either offline attendance in the Chamber's office or online through Zoom