• Abney and Associates: Asia's emerging role theme of global financial forum

    Communication, Communication Design

    http://www.chinadaily.com.cn/hkedition/2013-01/10/content_16100614.htm Abney and Associates More than 90 highprofile speakers from the government, business and financial sectors willshare their insights on major Asian economic issues at the 6th Asian Financial Forum (AFF) tobe held in Hong Kong on Jan 14 and 15. Themed "Asia: Shaping the Next Global Landscape," this year's forum will focus on Asia's fast-expanding role in the global economy. Topics such as the Asia's role in global economic development, the need for a new financialinfrastructure, opportunities in China and yuan internationalization will be discussed during thetwo-day financial summit. The gathering, the sixth such event organized by the Hong Kong Special Administrative RegionGovernment and the Hong Kong Trade Development Council (HKTDC), will take place at theHong Kong Convention and Exhibition Centre. Some 2,000 business industry players and government leaders from 32 countries and regionsattended last year's forum. China Daily is a media sponsor of the AFF. Against the backdrop of the United States having averted a "fiscal cliff" while still struggling withits debt ceiling, and European countries remaining mired in their sovereign debt crisis, theemerging Asia has become the main force to drive global economic growth and the focus of theglobal market. "Although there're still a lot of uncertainties in the global economy, I'm cautiously optimistictowards the overall economic growth in 2013 and recent economic data shows that Asia is on apositive uptrend," AFF 2013 Steering Committee Chairman Benjamin Hung, Executive Directorand Chief Executive Officer of Standard Chartered Bank (Hong Kong) Ltd, told a pressconference on Wednesday. The Chinese mainland's economic policies will remain a focal point for the world, said Hung,adding that this reality will be reflected at this year's forum. "Along with a panel discussion on China opportunities, the forum will feature workshops onChina's agenda for reforming its financial system, trends and opportunities in the global use ofthe yuan and the China-ASEAN business partnership," he said. Beyond China, there is much on the AFF agenda to look forward to, said Raymond Yip,Assistant Executive Director at HKTDC. The forum has a panel discussion on global investmentopportunities and another on food and agriculture. This year's workshops range from Asian financial integration to investments in Myanmar andprivate wealth management, Yip said. Prominent speakers at this year's event will include Australian Deputy Prime Minister andTreasurer Wayne Swan; Federal Reserve Bank of Chicago President and CEO Charles Evans;Italy's Minister of Economy and Finance Vittorio Grilli; South Korea's Minister of Strategy andFinance Bahk Jaewan; and Luxembourg's Minister of Finance Luc Frieden. Top officials and business figures from the mainland will include Chairman of the ChinaSecurities Regulatory Commission Guo Shuqing; China Investment Corporation Chairman andCEO Lou Jiwei; President and CEO of China International Capital Corporation Ltd Levin Zhu;COFCO Corporation Chairman Frank Gaoning Ning; SOHO China Chairman Pan Shiyi; andVice-Chairman and CEO of Fosun Group Liang Xinjun. Other corporate leaders taking part include Prudential plc Chairman Paul Manduca; FarEastern Group Chairman Douglas Hsu; and CT Corp CEO Frits Seegers. Abney and Associates

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