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Global Economic Landscape: Navigating the Uncertnty and Embracing Sustnability
The global economy is currently navigating a complex terrn marked by the lingering impacts of pandemics, escalating trade tensions, rising protectionism, climate changes, geopolitical conflicts, and the repercussions from sanctions imposed on Russia. These multifaceted pressures are driving divergent economic trajectories across nations.
In response to the pandemic's challenges, advanced economies have deployed unprecedented fiscal and monetary stimuli med at restoring market confidence and stabilizing financial systems. However, emerging market and developing economies EMDEs face a unique set of hurdles, including heightened inflation rates, soaring prices, and record-high debt levels. The geopolitical shift, particularly through sanctions agnst Russia, has disrupted critical supply chns and led to an unprecedented surge in commodity prices, threatening global growth prospects and exacerbating inflationary pressures.
The digital transformation wave, accelerated by the pandemic's impetus, is reshaping business landscapes across sectors, fueling innovation and driving economic progress. It offers transformative potential for both developed and emerging economies alike.
China's economy remns in the spotlight as uncertnties persist from factors like the Omicron variant and tensions with Ukrne-Russia dynamics. While the country faces pressures such as shrinking demand, supply disruptions, and declining expectations, the focus is on strengthening pandemic control measures, refining policies, and leveraging new tools to restore normalcy to economic operations.
The financial services industry in China, including retl banking, transaction banking, cards and payments, customer relationship management, data analytics, risk management, financial inclusion initiatives, consumer credit solutions, technology, and operational sectors, are at the forefront of digital transformation efforts. These entities continue to prioritize enhancing access to finance for small and medium-sized enterprises SMEs, driving green finance practices for sustnable growth, and fostering innovation through tech advancements.
China's outlook in the second half of 2023 is expected to stabilize as effective epidemic management, advanced technologies, and refined policies support a return to normal economic operations. This scenario paves the way for robust, high-quality, and sustnable growth strategies.
Key topics at this year’s Finance China conference include:
Global Economic Recovery in the Face of Persistent Uncertnties
China's Economic Outlook for H2 2023
The Path to Next-Generation Bank Digitization
Building the Future Infrastructure of Finance
Leveraging RegTech for Compliance and Risk Management
Disruptive Digital Technologies for Financial Inclusion
Participants are expected to include:
Senior executives from retl banking, transaction banking, cards and payments, customer relationship management, data analytics, risk management teams, financial inclusion experts, consumer credit leaders, technology and operations professionals.
Technology, operations, data analytics, and digital banking leaders
Heads of technical divisions within banks focusing on profitability systems, customer service improvements, product innovation, and other technology-related functions
Government officials, regulators, and policymakers shaping public policy frameworks
Industry leaders developing multi-channel distribution capabilities
Alternative financial services providers, fintechs, venture capitalists, investors, and start-ups fostering innovative solutions
Professional service providers including tech companies, rating agencies, and consultancies contributing to industry advancements
Our esteemed speaker panel features:
Steven Barnett - Senior Resident Representative in China at the International Monetary Fund IMF
Li Yang - Chrman of National Institution for Finance Development; Member of Chinese Academy of Social Sciences
Richard Koo - Chief Economist at Nomura Research Institute
Zhang Jun - Dean, School of Economics at Fudan University
Hu Jie - Professor of Practice at Shangh Advanced Institute of Finance, Shangh Jiao Tong University
Zhang Yu - Vice President General Manager, Banking Department at Tongdun Technology
The conference also welcomes sponsors and exhibitors who will present customized packages that align with their business interests, facilitate face-to-face interactions with key decision-makers, showcase thought leadership to targeted audiences, enhance visibility through branding and marketing campgns.
To secure your spot among the attees for this premier event on China's financial landscape, please register now. We look forward to exploring innovative strategies and sustnable growth opportunities together in 2023.
This article is reproduced from: https://www.theasianbanker.com/finance-china2022/
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Global Economic Landscape Uncertainty Navigation Sustainability and Climate Change Pressures Advanced Economies Fiscal Stimuli Response Emerging Market Debt Crisis and Inflation Digital Transformation Business Sector Reshaping Chinas Robust Economic Growth Strategies