South-South Cooperation in the Digital World|2018 South-South Cooperation Financial Forum, Tsinghua Wudaokou Global Financial Forum-Hong Kong Summit was successfully held

On December 10, 2018, the South-South Cooperation Finance Forum, co-sponsored by the South-South Cooperation Finance Center, Tsinghua University Wudaokou School of Finance, and the United Nations Office for South-South Cooperation, Tsinghua Wudaokou Global Financial Forum-Hong Kong Summit was grandly held. The forum brought together many experts, leaders, and industry leaders from the scientific and financial circles to focus on "South-South Cooperation in the Digital World", and discussed hot topics such as digital technology's contribution to South-South cooperation and financial development.

The picture shows the scene of the conference.

The Special Envoy of the UN Secretary-General for South-South Cooperation and Director of the UN Office for South-South Cooperation, Jorge Chediek, delivered a video speech to the conference. Cai Esheng, Chairman of the South-South Cooperative Finance Center and former Vice Chairman of the China Banking Regulatory Commission, Liao Li, Chair Professor of Finance and Executive Vice Dean of Wudaokou School of Finance, Tsinghua University, Dean of Tsinghua University Financial Technology Research Institute, and Editor-in-Chief of Tsinghua Financial Review Member of the ANC Standing Committee, Treasurer in Chief, Member of Parliament Paul Mashatile, and Deputy Director of the Development Center of the Organization for Economic Cooperation and Development Federico Bonaglia (Federico Bonaglia) attended the opening ceremony and delivered speeches. Among the guests attending this forum were the executive chairman of the South-South Cooperation Financial Center, the founding partner and chairman of Hong Kong Dongying Financial Group Zhang Zhiping, the chairman of Chunda International Capital Management Co., Ltd., and the chairman of the 30-member Global Artificial Intelligence Blockchain Forum , Liu Zhiwei, President of the Hong Kong Alumni Association of Wudaokou School of Finance, Tsinghua University. This session was hosted by Wu Zhong, Director General of the South-South Cooperation Finance Center.

The picture shows a group photo at the opening ceremony of the forum.

George Chediek (JorgeChediek) said that the digital economy has fundamentally changed the entire economic form and accelerated the economic development of South-South countries. The addition of more and more emerging financial formats such as mobile finance and crowdfunding technology has improved the production efficiency of capital, promoted the development of the private economy, expanded the value chain, supplemented the lack of government resources, and brought about the government governance Changes have played an important role in improving the living conditions of children, youth and women. The development of the digital economy in South-South countries still has a lot of potential. It needs to adapt to local conditions and combine the needs of different countries to carry out different digital economic cooperation, instead of copying the precedents and rules of developed countries, and it needs to be progressive. He believes that this forum is a good pre-war for the second UN High-level Forum on South-South Cooperation to be held in March 2019.

The picture shows Jorge Chediek (Jorge Chediek) giving a speech.

Cai Esheng said that today’s world is facing major changes unseen in a century. For the majority of emerging market countries and developing countries, a new round of technological revolution has made the world full of Opportunities, but also challenges. He pointed out that we must seize this major opportunity to promote the leapfrog development of emerging market countries and developing countries. Therefore, the South-South Cooperation Financial Center also identified the theme of the 2018 annual report as "The Impact of Digital Technology on South-South Cooperation". The discussion results of this forum will also become an important reference for this report.

The picture shows Cai Esheng giving a speech.

Liao Li believes that the world is undergoing digital technology-driven changes. Digital technology has become an important driving force for global economic development, an important tool for international cooperation and an important engine for financial innovation. He mentioned that Wudaokou School of Finance of Tsinghua University has made many attempts in digital technology and South-South cooperation. He hopes to continue to strengthen exchanges with various institutions in Hong Kong and carry out related research and various cooperation in depth.

The picture shows Liao Li giving a speech.

Paul Mashatile (PaulMashatile) pointed out that China is a great friend of South Africa and hopes that this historic relationship can develop further. They hope to make full use of the opportunities brought about by technological development to exchange and share experiences in the digital age, especially to strengthen technology transfer in emerging markets. South Africa is establishing a smart school training center to enable young people to make full use of the Internet and other emerging devices to meet the challenges of the digital age. South Africa has launched a series of economic stimulus programs, established infrastructure funds, implemented preferential policies for domestic and foreign investors, and attracted investment in various industries, including energy, interviews, e-commerce, agriculture, ICT, medical security, etc. The summit can further promote cooperation and exchanges between South and South countries and promote a more peaceful and prosperous world development.

pictured by Paul Machtiller(Paul Mashatile) speaks

Federico Bonaglia (Federico Bonaglia) said that the results of South-South cooperation have changed the geographic pattern of global economic development. South-South cooperation has two effects on the development of the digital world. One is to change the development model of developing countries, and the other is to strengthen and promote the formation of a new development model in South-South cooperation.

The picture shows Federico Bonaglia (Federico Bonaglia) speaking. The host of

Wu Zhong said that the South-South Cooperation Financial Center holds a financial forum in Hong Kong every year. The forum provides a discussion platform for the most cutting-edge issues in the field of South-South cooperation. I hope that all guests from different fields will share their observations and insights on this platform.

The picture shows Wu Zhong presided over the opening ceremony

, followed by Zhang Laiwu, Chief Economist of the South-South Cooperative Finance Center, Dean of the Sixth Industry Research Institute of Fudan University, and former Vice Minister of the Ministry of Science and Technology of China, Zhou Yanli, former Vice Chairman of the China Insurance Regulatory Commission, University of Oxford Mark Graham, Professor of Internet Research Institute, Ba Shusong, Chief China Economist of the Hong Kong Stock Exchange, Jeongmin Seong, Senior Researcher of McKinsey Global Institute, Founding Partner and CEO of Hong Kong Dongying Financial Group Zhang Gaobo gave a keynote speech. This session was chaired by Bei Duoguang, Dean of China Institute of Inclusive Finance.

Zhang Laiwu pointed out that mankind has bid farewell to the industrial society and entered the information society. The digital world has divided society into the information society and the future society of the information society, or "dream society". Innovation plays an important role in the digital age, not only technological innovation, but also scientific innovation. In terms of promoting South-South cooperation in the digital world, he suggested that one is to combine the construction of the “Belt and Road” to promote digital infrastructure, jointly build digital technology transfer centers, and implement cross-border transfer; the second is to invest in human capital and focus on South-South countries Health and innovation education; the third is to enhance cultural creativity in the sharing economy.

The picture shows Zhang Laiwu giving a speech.

Zhou Yanli said that the development of technology has changed the traditional insurance industry. In the operation process of risk assessment and settlement of insurance, insurance technology has been widely used and helped insurance companies improve their operational efficiency. . He believes that the development potential of insurance technology is huge. In the future, technologies such as artificial intelligence and blockchain will be better integrated into insurance marketing, pricing, and risk management to promote the development of the insurance industry.

The picture shows Zhou Yanli giving a speech

Mark Graham (Mark Graham) pointed out that the emergence of the digital economy has enabled a large number of potential laborers to obtain employment opportunities. However, as online employment becomes more and more fragmented, the premium ability of labor becomes lower, and online platforms will lead to more competition. He called for the establishment of more legal mechanisms and institutions to guarantee the rights and interests of workers, so as to achieve a benign interaction between capital and labor, technology and labor.

The picture shows Mark Graham (Mark Graham) giving a speech.

Ba Shusong pointed out that from a financial point of view, in the current period of transition from the old and new economic growth drivers, the inertia of the allocation of financial resources will be changed and financial resources will be transformed from growth drivers. The transition from the weakening old economy to the new economy is a very important task for the financial system. The reform of the listing system launched by the Hong Kong Stock Exchange in April this year is a useful exploration of the financing of the new economy. Therefore, to promote the development of the new economy, the reform of the financial system is critical. The change in the allocation of financial resources will help promote the development of the new economy and will also bring new growth space to the capital market.

The picture shows Ba Shusong giving a speech.

Jeongmin Seong said that allowing emerging economies to achieve long-term sustainable growth can better promote South-South trade. Outstanding economies have built a virtuous cycle of economic growth and have very high economic productivity. Although relatively small in scale, they are committed to promoting exports, investing heavily, and implementing many competitive policies. Copying their economic development models can improve global economic growth and promote more South-South trade.

Pictured is a speech given by Jeongmin Seong.

Zhang Gaobo believes that the future medical and health management programs will be tailored to specific individuals. And digitalIt is the basis and premise of large-scale "tailor-made". The core of the big health field is to digitize life. In this process, the world's leading platform companies will appear. The current digital life technology can use multi-omics testing, Internet interaction and wearable smart devices to describe the health of the human body, and build an AI digital life file for everyone based on artificial intelligence to accurately manage health. The popularization of AI digital life archives can make earth-shaking changes in the health industry.

The picture shows Zhang Gaobo giving a speech.

Bei Duoguang believes that while digital technology brings dividends, it also brings a digital divide. People in many regions of the world still do not enjoy the digital dividend, and developing countries especially need more numbers. dividend.

The picture shows that Bei Duoguang presided over the keynote speech session.

This summit also held two thematic forums, "Digital Technology and Sustainable Development" and "Technology Helps Intelligent Financial Interconnection".

The picture shows the scene of the "Digital Technology and Sustainable Development" theme forum.

In the "Digital Technology and Sustainable Development" theme forum, Yao Yudong, deputy general manager and chief economist of Dacheng Fund and former director of the Institute of Finance of the People's Bank of China, Hany Besada, Senior Research Coordinator, United Nations Office of South-South Cooperation, Zhang Gong, Chief Architecture Scientist and Director of the Future Network Theory Laboratory of Huawei, Meng Zhaoli, Dean of JD Finance Research Institute, Ricardo, Economist of the United Nations Conference on Trade and Development ·Ricardo Gottschalk, Chairman of Taiyi Group and Head of Davos China Blockchain Delegation, Dundee, Professor Liu Haifang, School of International Relations, Peking University, and Professor Neil Kashtri, University of North Carolina ( Nir Kshetri), Chen Guoping, Chairman of New East Lake Technology Investment Group and Mayor of East Lake Digital Town, gave a speech and conducted round-table discussions. The session was hosted by Lin Jiali, Chairman of Hong Kong Cyberport Management Co., Ltd. The guests discussed topics such as Internet equity crowdfunding, small and micro enterprises and personal financing, digital divide, digital dividend, and blockchain technology. The guests believed that digitalization can help small and micro enterprises and individuals raise funds in the initial stage and solve the problem of risk sharing. In addition, the sustainable development of cities can be promoted in a smart way. The digital world should pay more attention to how to enable people in underdeveloped areas to enjoy more digital dividends.

The picture shows the scene of the theme forum "Technology helps finance smart interconnection"

In the theme forum "Technology helps finance smart interconnection", Ju Jiandong, Professor of Ziguang School of Finance, Tsinghua University, and Changjiang Scholar Distinguished Professor of the Ministry of Education, ICBC Wang Yaowu, Deputy CEO of International Holdings Co., Ltd., Pan Hongyuan, Special Assistant to the Chairman of Sunshine Insurance Group and former President of Sunshine Life, Gao Bin, Founder and Chief Investment Officer of Jinwei Capital, Ma Bin, Vice President of Tencent, Managing Director of Jiufu International Business Ye Guandong delivered a speech. This session was presided over by Zhang Wei, associate researcher of Wudaokou School of Finance, Tsinghua University, associate editor of "Tsinghua Financial Review", and chairman of Beijing Tsingkong Golden Media Culture Technology Co., Ltd. The guests discussed topics such as Sino-US trade relations, intelligent financial ecology, insurance technology, digital thinking in financial investment, and virtual banking. The guests believed that the development of the financial industry is inseparable from technological changes and technological iterations. The big data analysis tools provided by the "Technology Empowerment" open strategy can jointly explore business opportunities with other financial institutions and realize intelligent interconnection.

This forum is co-organized by Orient Financial Group, Chunda International Capital Management Co., Ltd., Henan Civil Aviation Development Investment Co., Ltd., Zhixian Data, and Silk Road Economic Development Research Center.