Sanya Forum Agenda Sheraton Sanya Resort, Sanya, Hainan December 15-17, 2012 Saturday, December 15 08:00 - 08:30 Registration Group Check In Lobby, 2F 08:30 - 09:20 Opening Ceremony Seven Seas Ballroom B+C, 1F Moderator: WANG Boming, Chairman, SEEC Media Group Limited; Editor in Chief, CAIJING Magazine Opening Remarks: XU Kuangdi, Honorary President, China Association for International Friendly Contact Keynote Speech: HUANG Mengfu, Vice Chairman, National Committees of the Chinese People's Political Consultative Conference; Chairman, All-China Federation of Industry & Commerce 09:20 - 10:50 Plenary One: China's Position in the World: New Economic Opportunities and Challenges Seven Seas Ballroom B+C, 1F China’s economic growth over the last several decades stands out as one of the most remarkable economic transformations and most exemplary models in the world. However, as the world economy slows and China strives to adjust its economic structure, the “China Model” has also encountered numerous significant challenges and obstacles on its path to smooth economic reform. How do we interpret the economic reform policies outlined in the 12th Five-Year Plan and proposed by the 18th National Party Congress? What are the new priorities, strategies and opportunities in China’s economic model that China and the world should be anticipating? Moderator: LI Jian’ge, Chairman, China International Capital Corporation Limited Speakers: WU Jinglian, Senior Research Associate, Development Research Center of the State Council QIN Xiao, Chairman of the Board, Boyuan Foundation Peter MANDELSON, Chairman, Global Counsel WU Xiaoling, Member of the Standing Committee and Vice Chairman of the Financial and Economic Committee, the National People's Congress, PRC Michael ANDREW, Chairman, KPMG International 10:50 - 11:00 Coffee Break Pre-Function Area, 1F 11:00 - 12:30 Plenary Two: China-US: The Critical Bilateral Relationship Seven Seas Ballroom B+C, 1F With the USA presidential election having just concluded and with a smooth transition of leadership in China at the 18th National Congress of the Communist Party of China, there exists a great opportunity to further the critical bilateral relationship between China and the USA. Both nations have and will continue to allocate enormous amounts of energy and resources to building a more sustainable bilateral relationship. However, given the significant differences in values, culture, ideology and political systems, many people ask whether there are areas in which the world’s two giants can collaborate more smoothly. What tasks must be accomplished to accelerate the process of eliminating the barriers and obstacles in bilateral trade and investment and establishing a more sustainable and mutually beneficial relationship between China and the USA? Moderator: YUAN Ming, Professor, Institute of International Studies, Peking University Speakers: Douglas PAAL, Vice President, Carnegie Endowment for International Peace Steve ORLINS, President, National Committee on United States-China Relations William OWENS, Chairman, Asia AEA Holdings WEI Jianguo, Vice Chairman and Secretary General, China Centre for International Economic Exchanges SUN Zhe, Professor, School of Social Sciences; Director, Research Center of China-US Relations, Tsinghua University 12:30 - 14:00 Lunch CU Restaurant, B1 14:00 - 15:30 Roundtable Summit Discussion Our expert facilitator will move participants into small groups and on-topic sessions to identify opportunities and challenges. Breakout Discussions will also include remarks from leading experts on the topic. To jumpstart the discussions, moderators will facilitate participant dialogue. 1. New Energy Equation Seven Seas Ballroom A, 1F As China’s economy continues to grow, China is faced with the dual challenge of looking for sufficient energy to sustain her rapidly growing economy while shifting to a more environmentally sustainable energy model. What’s the current status of clean-tech in China and what are the key energy priorities? Moderator: HE Gang, Managing Editor, CAIJING Magazine; Editor, Chinese Edition, Harvard Business Review Speakers: Oleg DERIPASKA, CEO, RUSAL ZHANG Guobao, Vice Chairman, Economic Committee of National Political Consultative Conference; Chairman, Advisory Committee of National Energy Committee Andrew FORREST, Chairman, Fortescue Metals Group Limited LI Xiaolin, Chairman, China Power International Development Ltd Didier CORDERO, Executive Vice President, EDF Asia Pacific Branch 2. Environment, City and Sustainable Development Seven Seas Ballroom B, 1F In the context of globalization, the issue of how to balance rapid economic growth and sustainable social development has posed a serious challenge to humanity. Long-term practices include promoting low-carbon and efficient development, more proactive solutions to climate change and more efficient consumption of energy - in the hope of reaching equilibrium between public goods and sustainable soft environmental resources. In the course of urbanization and city planning, we’ve considered economic benefits, but we also must attach importance to social and ecological benefits. This is the ultimate harmony between man and nature. What are the current challenges and obstacles for city planning in China? What solutions can we look for to help overcome these difficulties? What best practices can China seek from other countries in order to improve its city planning practices? Moderator: YI Xiqun, Vice Chairman, China Association of Private Equity Speakers: CHEN Zhangliang, Vice Governor, Guangxi Zhuang Autonomous Region WANG Yong, Mayor, the People’s Government of Sanya City YAN Xuan, President, Greater China for Nielsen ZHU Zhongyi, Vice President and General Secretary, China Real Estate Industry Association LIU Xiaoguang, Chairman, Beijing Capital Co., Ltd. Alan STEWART, Partner, John Thompson & Partners LI Junfeng, Director General and Research Fellow, National Climate Change Strategy Research and International Cooperation Center 3. Financial Openness and Cooperation Seven Seas Ballroom C, 1F From the experience of economic transitioning of emerging markets, policies and routes of financial openness and cooperation are extremely complicated and unpredictable. How can we avoid the clashes of international financial liquidity? How can Chinese financial enterprises enter the global market? How can China's private financing sector further liberalize? What is the driving force pushing reforms in the financial system? Under the current circumstances of financial openness, “financial security” is inevitably indispensable to the long-term stability and development of the overall financial system. Moderator: HE Dong, Executive Director, Hong Kong Monetary Authority; Director, Hong Kong Institute for Monetary Research Speakers: MA Weihua, President & CEO, China Merchants Bank WANG Dongming, Chairman, CITIC Securities Co., Ltd. David CHIN, Managing Director, Head of Investment Banking, Asia, UBS HONG Qi, Vice Chairman and President, China Minsheng Banking Corp Ltd XIAO Feng, Chairman, Wang Xiang Trust Co., Ltd. Daniel ZHOU, Chairman, the Board of China Highland Fund 15:30 - 15:45 Coffee Break Pre-Function Area, 1F 15:45 - 17:15 Roundtable Summit Discussion 4. Trans-border Investment and Merger & Acquisitions Seven Seas Ballroom A, 1F With the trend of Global economic integration, trans-border merger and acquisitions have become one of the most crucial forms of international investment. Trans-border investment and M&A are visible in global finance and have been extended to other systems in order to more effectively and efficiently utilize available resources. Trans-border investment and M&A are important practices for corporations to enter the global market. Moreover, trans-border investment and M&A are an essential component of the healthy development of national economies. Faced with various challenges such as clashes of cultures, legal restrictions and barriers and trade protectionism, what are the most appropriate and productive practices of trans-border investment and M&A for Chinese enterprises to employ in the post-financial crisis era? Moderator: YAN Lan, Managing Director and Head of Greater China Investment Banking, Lazard Speakers: Catherine CAI, Chairman, China Investment Banking, Bank of America Merrill Lynch Kevin NEALER, Principal and Partner, Scowcroft Group JIN Liqun, Chairman of Board of Supervisors, China Investment Corporation ZHANG Hongli, Vice President, Industrial and Commercial Bank of China Charles TESCHNER, Executive Vice President, Global Strategy, The McGraw-Hill Companies; Board Director, S&P Dow Jones Indices 5. Policy and Corporate Innovation Seven Seas Ballroom B, 1F Various factors, for example, low levels of efficiency, ineffective allocation of resources, incomplete systems to create incentives and lack of accommodating policies—have all together constrained businesses from further improving innovation. What role can government play to nurture a social environment and implement appropriate policies in which corporations can become more innovative without destabilizing the social environment? An effective risk sharing mechanism that matches the national profile is vital to stimulating corporate innovation. Moderator: GUO Wei, Chairman, Digital China Holdings Limited Speakers: Christian MURCK, President, American Chamber of Commerce in China Edward TIAN, Chairman, China Broadband Capital Partners Ron BLOOM, Managing Director & Vice Chairman, U.S. Investment Banking of Lazard Frères & Co. LLC LAI Xiaomin, Chairman, China Huarong Asset Management Co., Ltd Andrew YAN, Managing Partner, SAIF Partners DUAN Yongji, Chairman, Stone Group 6. China and Foreign CEO Dialogue-Corporate Social Responsibility Seven Seas Ballroom C, 1F With a rapidly developing economy and society, corporations should look beyond profit generation as their sole business purpose. Rather, corporations are expected to serve as examples of responsible players – that act not only in the best interest of their shareholders but also in the best interests of their consumers, employees, community, environment and beyond. How can corporations balance their role between profit and social responsibility? As they fulfill their social responsibility, can corporations create alliances that promote collaboration - in order to maximize efficiency and effectiveness? Moderator: KONG Dan, Former Chairman, CITIC Group Corporation Speakers: WAN Feng, President, China Life Insurance Company Limited Marc STERLING, Executive Vice President, Asia Regional Operations, Manulife Financial; Chairman, Manulife-Sinochem Life Insurance Co., Ltd WANG Zimu, Chairman and CEO, Huatai Insurance Group Company LI Ping, Vice President, China Telecom Corporation Lin Shaobin,Chairman, China Merchants Property Development Co., Ltd. Nicola FORREST, CEO, Australian Children's Trust Elliott DONNELLEY, General Partner, WhiteSand Investor Group, L. P. 18:00 - 18:30 Cocktail Party Pre-Function Area, 1F 18:30 Welcome Dinner by the Party Committee of Sanya and the People’s Government of Sanya City Lotus Garden, 1F Chair: WANG Yong, Mayor, the People’s Government of Sanya City Welcome Remarks: JIANG Sixian, Member of Standing Committee of Sanya Party Committee, Party Secretary, Sanya City Sunday, December 16 07:30 - 08:30 Breakfast Session: Alternative Investments (By Invitation Only) Seven Seas Ballroom A, 1F 08:30 - 10:00 Plenary 3: The Future of Europe and Cooperation between China and Europe Seven Seas Ballroom B+C, 1F The future of Europe remains highly uncertain as its economy and social development have been hit dramatically by economic imbalances, high unemployment and slow growth. Nonetheless, given the vigorous trade history between Europe and the rest of the world, many argue there still exist various opportunities for Europe to return as a strong economic region after it has complete its internal restructuring and adjustment. Are there signs of an economic turn in Europe and how will the Sino-Europe relationship be affected accordingly? How can China and Europe deepen their cooperation during this period of difficulty to shed light on the recovery of the world economy? Moderator: YANG Rui, Host and Managing Editor, Dialogue, CCTV English Channel Speakers: Leon BRITTAN, Vice Chairman, UBS Investment Bank Tadeusz CHOMICKI, Ambassador of the Republic of Poland to China and Mongolia Jesse WANG, Executive Vice President, China Investment Corporation Sylvie BERMANN, French Ambassador to China CAI Fang, Director, Institute of Population and Labor Economics, Chinese Academy of Social Sciences 10:00 - 10:30 One-On-One With President Jimmy Carter: China’s Place in the World Seven Seas Ballroom B+C, 1F 10:30 - 10:45 Coffee Break Pre-Function Area, 1F 10:45 - 12:15 Plenary 4: Cooperation within APEC Seven Seas Ballroom B+C, 1F Nearly half of all global trade occurs within the 21 economies of APEC. What opportunities can Chinese enterprises utilize to explore a broader market for their international trade within the APEC network? What are the promises and obstacles they are faced with to enter the global market? Moderator: CAO Yuanzheng, Chief Economist, Bank of China Speakers: Andrew SHENG, Chief Adviser, China Banking Regulatory Commission Geoff RABY, Former Australian Ambassador to the People’s Republic of China; Chairman and CEO, Geoff Raby & Associates CHEN Feng, Chairman, HNA Group Helen WONG, General Manager, HSBC Group; President and CEO, HSBC (China) Company Limited MA Jun, Managing Director and Chief Economist for Greater China, Deutsche Bank Richard TSAI, Vice Chairman, Fubon Financial Holding Co., Ltd. 17:00 - 18:30 Women’s Roundtable Summit Discussion: Female Leadership in a Changing Era Seven Seas Ballroom B, 1F Leadership is one key element to the success of reform. With the era of economic growth and social development, an increasing number of women are entering politics, business, academia, philanthropy and other sectors, demonstrating exceptional leadership skills and playing an extremely critical role in society. The conventional norms toward women are also facing numerous changes, as society has begun to fully appreciate the significance of women in leadership and management. Under such rapidly changing circumstances - where diversity is essential to all organizations - does the “glass-ceiling” phenomenon still exist when female leaders aspire to climb up the career ladder? What is the current status and what are the potential opportunities for female leaders? Moderator: LI Qingyuan, Former Director-General, Research Department, China Securities Regulatory Commission Speakers: Sylvie BERMANN, French Ambassador to China WU Xiaoling, Member of the Standing Committee and Vice Chairman of the Financial and Economic Committee, the National People's Congress, PRC LI Yifei, Country Chair, China, Man Group WANG Li, Managing Director, SEEC Holdings Limited LIU Xiao, Vice President, SEEC Media Group Limited; General Manager, CAIJING Magazine YAN Lan, Managing Director and Head of Greater China Investment Banking, Lazard Monday, December 17 08:00 - 08:30 Registration Group Check In Lobby, 2F 08:30 - 09:00 Special Session on Finance: Financial Reform and the Progress of RMB Internationalization Seven Seas Ballroom A, 1F The next five years will be a vital window of opportunities for China's financial marketization and the development for globalization process. Following the reforms of interest rate and exchange rate, the openness of China's capital market, the speed of RMB Internationalization progress will be accelerated. How to tackle this task will be enormous challenges for financial enterprises and institutions. Moderator: HE Di, Director-General, Boyuan Foundation Keynote Speech: ZHOU Xiaochuan, Governor, The People’s Bank of China JIANG Dingzhi, Governor, The People’s Government of Hainan Province 09:00 - 10:00 Panel Discussion: Financial Reform and the Progress of RMB Internationalization Seven Seas Ballroom A, 1F Moderator: QIN Xiao, Chairman of the Board, Boyuan Foundation Speakers: Norman CHAN, Chief Executive, Hong Kong Monetary Authority WU Xiaoling, Member of the Standing Committee and Vice Chairman of the Financial and Economic Committee, the National People's Congress, PRC Laura CHA, Member, Executive Council of the Government of HKSAR; Non-Executive Deputy Chairman, the Hong Kong & Shanghai Banking Corporation Limited JIN Zhongxia, Director, Institute for Financial Studies, The People’s Bank of China MA Jun, Managing Director and Chief Economist for Greater China, Deutsche Bank Note: The aforesaid schedule, all sessions and speakers in the program are confirmed on the conference program for printing.