Start date: 02/10/2019 13:00

End date: 02/10/2019 18:30

Venue: Cornwall Suite, De Vere Grand Connaught Rooms

Costs: Free

Open for: All

Address: 61-65 Great Queen Street, London WC2B 5DA

Click to register

CEIBS Insights 2019 | The 5th Europe Forum (London) China’s Consumption Upgrade: New Opportunities for the UK

Supported Event

October 02
(This event is fully booked)

The year 2019 marks the 70th anniversary of the founding of the People’s Republic of China and the 47th anniversary of ambassadorial-level diplomatic relations between China and the UK; it is also a year for in-depth development of China-UK relations in the “Golden Era”. At this new historic juncture, the UK is facing opportunities brought by China’s consumption upgrade in both scale and quality, its supply-side structural reform, the wider opening of Chinese market, and its “Belt and Road Initiative”. With continuous technological innovation and business model iteration, the changing landscape of global industrial chain will undoubtedly provide unprecedented opportunities for cooperation between Chinese and the UK businesses.

After four decades of sustained development, China is evolving from the factory of the world to the market of the world as its population of 1.4 billion or so is labelled as consumers instead of labours. China’s domestic consumption is in transition with the growing purchasing power of consumers and tech innovation, which will benefit companies and brands worldwide.

On October 2, 2019, over 300 scholars, entrepreneurs and senior executives from China and UK will offer their insights into new opportunities brought by China’s consumption upgrade to the UK at CEIBS Insights 2019 - The 5th Europe Forum (London). As “China Essence, Global Significance” is the new tagline of CEIBS 25th anniversary, this event is expected to facilitate China-UK industrial collaboration and integration, and advance cooperation among the political, business and academic communities.​

Agenda (to be finalised)
 
13:00-13:30 Registration
13:30-13:45 Welcome Address
Professor Dipak Jain
President (European) of CEIBS
 
Mr.Wenjian Fang
Chairman of the CCCUK, General Manager of Bank of China, London Branch
13:45-14:00 Opening Keynote Speech
H.E. Ambassador Xiaoming Liu (TBC)
Ambassador to the United Kingdom of Great Britain and North Ireland
14:00-14:15 Keynote Speech (I)
Mr. Rajesh Agrawal
Deputy Mayor of London for Business
Session  I
A New Order for Consumption Upgrade: the Chinese Market and Opportunities for the UK
Amidst a wave of consumption upgrade driven by urbanisation and demographic dividend, China’s new generation of consumers are dominating the market, while espousing views that stand in stark contrast to those of their predecessors. In particular, they are no longer obsessed with price comparisons or big brands, but instead desire the pursuit of individuality, quality, and consumer experience. This shift in consumer demand represents new opportunities for long-established UK brands capable of technological innovation and their success in the Chinese market will hinge on whether they can tune in to the needs of this new, younger generation.
14:45-15:15 Moderator:
Ms. Martina Fuchs, TV Anchor and Business Journalist

Panellists:
  • Mr. Yeming Wang, General Manager, Alibaba Cloud EMEA
  • Mr. Hongbin Zhuang, CEO & Co-Founder of Emotech
  • Ms. Hannah Jackson, Head of China Development of The Body Shop
  • Senior Executive of  Boots (TBC)
15:15-15:45 Coffee Break
15:45-16:00 Keynote Speech ()
Professor Bin Xu
Professor of Economics and Finance, Associate Dean (Research) of CEIBS
16:00-16:15 Keynote Speech ()
Mr. John Mahon (TBC)
Director General for Exports, the Department for International Trade
Session II
Impetus for Technological Innovation: Incorporating Financial Products into Daily Life
As mobile internet continues to develop in leaps and bounds, every facet of daily life adds fuel to new financial opportunities. Emerging technologies like big data, cloud computing, artificial intelligence, and block chain can be adopted to reshape information mining, risk models, investment decision-making, and credit rating systems to better satisfy needs in online financial markets and advance consumption upgrade. In recent years, the UK, renowned for the history of its finance industry, has been accelerating this technology-driven transformation. Today, it is a leading player in AI, FinTech, VR and IoT.
16:15-17:15 Moderator:
Mr. John Richardson, Visiting Fellow at Cass Business School

Panellists:
  • Ms. Rita Liu, CEO of Alipay (UK), Director in Sports Marketing of Alipay Global Branding and Marketing
  • Mr. Suresh Vaghjiani, CEO & Co-Founder of Tribe Payments
  • Mr. Will Sorby, GM UK of N26
  • Mr. William Barkshire, Senior Adviser of FNZ
  • Mr. Jeremy Abbott, Head of UK & Ireland, UnionPay International
17:15-18:30 Reception drinks