CBBC Sector Initiatives & Highlights Financial & Professional Services www.cbbc.org 建议 Advice Ι 支持 Support Ι 网络 Networking
Sector Overview - Financial & Professional Services The UK and China have an unparalleled financial partnership. China recognises that London is one of the most vibrant and important financial centres. An increasing number of Chinese financial institutions have set their European base in London. The Chinese currency RMB has finally been accepted as an IMF reserve currency. As China continues to reform its financial sector and the further internationalisation of the RMB, there will be more opportunities for foreign financial institutions both onshore and offshore. 2
Sector Overview - Financial & Professional Services Subsectors Legal Wealth Management Accounting Asset Management Fintech Insurance Exchanges Banking CBBC Financial & Professional Services Recruitment Agencies & Executive Search Note: for more information - http://www.cbbc.org/sectors/financial,-professional-ict/ 3
CBBC Financial & Professional Services, as a vibrant and active industry sector, is launching various key initiatives In the Financial & Professional Services sector, CBBC organises flagship events and missions, publishing reports and offering an extensive partners and member companies network. 1 Policy Themes & Programs 2 UK-China Economic and Financial Dialogue (EFD) RMB Internationalisation Free Trade Zones China Market Advisory Group One Belt One Road PPP Market Access & Regulatory issues Green Finance Asset Management Wealth Management Fintech 4 Missions & Events CBBC Reports 3 Chairman/ CEO s visit to China Lord Mayor of London s visit to China CBBC China Outbound Conference, China CBBC China Business Conference, UK China (Shanghai) Pilot Free Trade Zone China Free Trade Zones Discussion Papers New Landscapes of Doing Business in China One Belt One Road In the Financial & Professional Services sector, CBBC s advisers and delivery team helped more than 200 member companies Note: for more information - http://www.cbbc.org/sectors/financial,-professional-ict/ 4
Policy - CBBC supports Economic & Financial Dialogue (EFD) and China Market Advisory Group 1 Financial & Professional Services Sector Policy UK-China Economic and Financial Dialogue (EFD) China Market Advisory Group EFD - Annual high level summit between the UK Chancellor of the Exchequer and the Chinese Vice Premier responsible for the UK Set up by CBBC/the City UK and supported by other key partners in business/government, the China Market Advisory Group acts as a focal point for the private sector to work with business and government effectively on key policy issues. It is also an umbrella for driving key projects that create new and lasting opportunities for developing dialogue and business between the UK and China, including trade and investment priorities for the world s second largest market. The China Market Advisory Group is currently chaired by Douglas Flint, Chairman of HSBC. The Chancellor of the Exchequer George Osborne and Vice- Premier Ma Kai oversaw discussion in a number of important areas between the UK and China (2015). CBBC supports Economic & Financial Dialogue (EFD), government to government dialogue between UK & China Note: for more information - http://www.cbbc.org/news/7th-uk-china-economic-and-financial-dialogue/ 5
Themes & Programmes - Ongoing macro themes and programmes, networking platform for the benefits of members 2 Financial & Professional Services Sector Themes & Programmes RMB Internationalisation Free Trade Zone (FTZ) CBBC and UKTI organised a number of RMB events to help UK companies access the Chinese market Aimed mainly at Small and Medium Enterprises (SMEs), it has all the information in one place for companies wishing to do business in this dynamic fast-growing economy The UK is cooperating closely with the Chinese authorities on the development of Free Trade Zones Major Free Trade Zones (FTZs) in China Tianjin Free Trade Zone Guangdong Free Trade Zone Fujian Free Trade Zone Shanghai Pilot Free Trade Zone New Landscapes of Doing Business in China - A new guide was launched at the seminar providing insights for UK-based companies looking to win business with China. CBBC helps UK member companies to access export opportunities in China. CBBC and TheCityUK jointly published a series of reports on China UK Collaboration on Developing China's FTZs. Note: for more information - https://www.thecityuk.com/research/summary-on-china-uk-collaboration-on-developing-chinas-ftzs/ 6
Themes & Programmes - Ongoing macro themes and programmes, networking platform for the benefits of members 2 Financial & Professional Services Sector Themes & Programmes Qingdao Wealth Management Pilot Project One Belt One Road In Feb 2014, Qingdao city was announced as China s nationallevel pilot for wealth management reform June 29 - July 1, 2015, Qingdao government & business delegation visited London & Edinburgh to meet industry experts and study UK s expertise in developing world-class financial centres. The visit, which CBBC helped to organise working closely with British Embassy s Outreach team in China, provided access to key Qingdao decision-makers, showcased UK expertise and resulted in strong support for UK business activity in Qingdao In September 2015, CBBC released a comprehensive new report on China's ambitious and complex "One Belt One Road" initiative in partnership with the Foreign & Commonwealth Office Designed as a practical guide to where the opportunities lie for UK companies, the report contains chapters on the seven key sectors and 13 major regions to help you understand what the implications are in your industry CBBC helps UK member companies to access emerging new opportunities in China. CBBC published the first One Belt One Road Report, a second report to be published in May 2016. Note: for more information - http://www.cbbc.org/sectors/one-belt,-one-road/ 7
Reports - CBBC produced a number of reports, providing knowledge of the evolving Financial & Professional Services industry in China 3 CBBC has published a series of reports on China s Financial & Professional Services sector. China (Shanghai) Pilot Free Trade Zone China Free Trade Zones Discussion Papers New Landscapes of Doing Business in China One Belt One Road: New opportunities in China and beyond Follow us on social media for our latest work in 2016 Note: for more information - http://www.cbbc.org/services/resources/china-reports/ 8
Missions - Ongoing macro projects and missions, networking platform for the benefits of members 4 Financial & Professional Services Sector Missions Chairman/ CEO s visit to China CBBC Chief Executive's delegation pounded high-roads and byroads in 2015, met top-ranking officials including Governor and Vice- Governor of Province at high-level meetings. Central (Wuhan) East (Jiangsu) South (Shenzhen) South-East (Xiamen) South-West (Changsha) Sep Urumqi May Changsha Apr Shenzhen May Wuhan Apr Jiangsu Sep Xiamen North-West (Urumqi) September 2015, CBBC joined UKTI to arrange an extensive program of business meetings, briefings and networking events for business delegation of the Lord Mayor of London during visit to China. Lord Mayor of London s visit to China Lord Mayor to meet Fosun Group at their headquarters MOU signed between London Stock Exchange and Shanghai government China-UK Asset Management Forum for the delegation Note: for more information - http://www.cbbc.org/news/lord-mayor-of-london-s-business-delegation-tours-c/ 9
Flagship Events - CBBC China Outbound Conference, providing global partnership opportunities for UK and Chinese Companies 4 Lord Sassoon opens China Outbound Conference (Beijing, Nov 2015) CBBC s annual China Outbound Conference is one of the UK s flagship events in China. CBBC s 3rd China Outbound Conference took place in Beijing November 2015 200 British business leaders and local government heads from around the UK travelled to the Chinese capital to meet 200 investors The conference at the Rosewood Hotel drew leaders of the China-Britain Business Council, UK Trade & Investment, the Silk Road Fund, the China International Contractors Association, the National Development & Reform Commission and outbound private enterprises 200 Chinese investors in Beijing to seek UK investment opportunities Note: for more information - http://www.cbbc.org/news/uk-wide-delegations-seek-investment-in-beijing-at/ 10
Flagship Events - Annual CBBC China Business Conference, UK s leading China business event 4 Key sponsors of 2016 CBBC China Business Conference The 4th Annual CBBC China Business Conference drew 500 business delegates learning from over 40 expert speakers on the biggest UK-China business topics for 2016 2016 s key themes centred on China s 13th Five Year Plan and potential impacts, China s New Normal and the Belt and Road and Made in China 2025 initiatives, as well as discussion on Healthcare, Innovation and E-Commerce sectors Note: for more information - http://www.cbbc.org/whatson/china-business-conference-2016/ 11
Extensive Network - Premium Members: CBBC serves a wide range of member companies in the Financial & Professional Services industry CBBC is a membership organisation helping over 1000 member companies succeed in the China market. Within the Financial & Professional Services sector, some of our members include: Note: for more information - https://portal.cbbc.org/member-directory 12
Extensive Network - Large Members: CBBC serves a wide range of member companies in the Financial & Professional Services industry CBBC is a membership organisation helping over 1000 member companies succeed in the China market. Within the Financial & Professional Services sector, some of our members include: Note: for more information - https://portal.cbbc.org/member-directory 13
Sector Advisers - A dedicated team of over 130 staff in 10 offices in UK and 13 strategic locations around China CBBC Financial & Professional Services Sector Advisers Juliet Zhou Region: UK Industry: Financial & Professional Services Email: juliet.zhou@cbbc.org Tel: +44 020 7802 2006 Click here to join CBBC membership Note: for more information - http://www.cbbc.org/contact-us/find-an-advisor/ 14
Join us to access the Largest China-UK Business Network 15