About IFCFI‘16

Background

2016 will be a particularly important year for financial inclusion both internationally and for China, given it will be a key priority in the 13th Five Year Plan as mentioned by President Xi, as well as the G20 Agenda chaired by China.

China also recognizes that promoting financial inclusion is the basic premise for sustainable and balanced development of the finance industry. The Development Plan for China’s Financial Inclusion 2016-2020, promulgated by the State Council at the beginning of this year, is regarded as the national strategy which specified the financial inclusion development road map. Over the next five years, digital finance inclusion and innovation will further accelerate the development of China’s inclusive finance, improving the access to, usage of and quality of products and delivery of financial services.

In addition, the emerging new technology in financial industry is the engine that greatly promotes the development of financial inclusion in China as well. Taking the global development status and challenges, the new strategy integrated with new technology, undoubtedly, will enable China’s financial inclusion development be the highlight and focus around the world.

With the successful International Forum for China Financial Inclusion (IFCFI) 2015, this year’s Event will bring policymakers, regulators, researchers and practitioners from China and abroad. The theme will be New Strategy and New Technology, with in-depth analysis of overall prospects of new technology, new strategies and business models to promote China’s financial inclusion and explore its road map to 2020.

Goals and Objectives

Focusing on the theme “New Strategy New Technology” and gathering top experts both at home and abroad, practitioners and elites from government and universities, the forum will work hard to promote the development of China financial inclusion and even more international cooperation with other countries by topic discussion of inclusive finance, sharing best practices and patterns and the forum for China - Latin America Microfinance.

Theme and Topics

The International Forum for China Financial Inclusion in 2016 will focus on the theme” New Strategy New Technology” for three days (from 25th to 27th in August), including China - Latin America Microfinance Forum, opening ceremony for IFCFI, discussion for inclusive finance, sharing and discussion of some cases, Closed-door meetings,etc.

The specific content and issues:
•National Strategy and the Role of Governments
•Regulatory framework and Policy
•Infrastructure Construction for Financial Inclusion
•Rural Credit System Construction and Financial Infrastructure Service
•Commercial Model for Rural Financial
•Digital Finance Development and Regulation
•Digital Financial Inclusion for Poverty Alleviation
•Client Education and protection
•China-Latin America Microfinance Summit Forum

Time： August25—27，2016
Venue： China, Beijing
Themes：New Strategy New Technology

Highlight Speeches in IFCFI'15

Xiaoling WU：Make Credit Matter and Finance Better: The theme of forum is ‘good finance, good society’. How to define good finance? My interpretation is that finance should have the role, not exclusively but fundamentally, that brings people opportunities to change their lives and transform their credit into wealth.

Yulu CHEN：Opening Remarks at International Forum for China Financial Inclusion: Good finance is conductive to adjustment of economic structure and effective allocation of resources, which can also promote better development of the society and push the inclusive growth of economy.

Mubing ZHOU：The Performance, Challenges and Prospects of MSMEs Finance: Chinese government attaches great importance to the development of inclusive finance, which is seen as an important part of the national strategy.

Yan LI：An Introduction on China Financial Inclusion Development Report (2016): It is my great honour to represent the Centre for Microfinance Initiatives & Networks of Renmin University of China, to introduce our recently released ‘China Financial Inclusion Development Report in 2015’, which is also called ‘Green Paper’ on Financial Inclusion.

Luhao Min：Research on the business model of Chinese microcredit Company: I am so honored to discuss the business model of microcredit companies with you. As the representative of the China Microcredit Companies Association, we are facing the same problems as our members - that we are not a fully legalized entity.

Lei LU：Key Perspectives of Development of Financial Inclusion in China: It is known that financial inclusion has been greatly stated by the State and regulatory bodies of China.

Li Junfeng：The Achievements, Challenges and Development of Inclusive Finance: I’m very pleased to participate in "good finance, good society" forum, which is the first time I participate public event on this topic since our department in CBRC was established last year.

Jinpu JIAO：Further Decade Development of Inclusive Finance in China: My topic today is "Further decade development of Inclusive Finance in China". I have been thinking about this topic for a long time. The subject of the conference is inclusive financial and internet technologies.

Liyang Jin：Capital Market and Financial Inclusion: It is my great honor to attend International Forum for China Financial Inclusion.

Zhibao SHAO：Large commercial banks shoulder responsibility for the development of inclusive finance: I’m very pleased to participate in inclusive finance forum to discuss this very constructive topic of inclusive financial and social responsibility with you. Below, I will share with everyone three aspects:

Selected Photos of Speakers at IFCFI'15

Mubing ZHOU：Vice Chairman, China Banking Regulatory Commission

Zhihong YI：Vice President, Renmin University of China

About CAFI

Chinese Academy of Financial Inclusion at RUC (CAFI) is dedicated to accelerate the development of financial inclusion in China. CAFI will serve as a hub for top-tier Think-Tank, experimental base for financial innovation, platform of exchange & co-operation for stakeholders and a base for knowledge sharing & capacity building, achieved through offering a wide range of programs incorporating international experience of best practices in microfinance and financial inclusion, by leveraging national and international talents and experts with commitment, action, focus and impact. CAFI’s founding partners consist of Remin University of China (RUC), HSBC, VISA, Ant Financial Service Group and CreditEase.