On December 17 to 18, “China International Finance Forum Shanghai Summit”, sponsored by China International Business Periodical under the administration of Ministry of Commerce of PRC, was held in Shanghai Pudong Shangri-La Hotel. As the theme of this Summit is “Innovation Creates the Future”, the new dynamics of economic development in China and the whole world has been explored from the perspectives of world economic transformation and new global visions, economic breakthrough and market forces, emergence and breakout of entrepreneurs, participation and unconventionality of micro innovation, and the changeful and enigmatic waves of global economy. Over 500 government officials, experts and scholars, economists and entrepreneurs attended this Forum.
CCTV host Wang Yue presided over this Forum. A series of keynote speeches were given respectively by Jiang Chengzhi, secretary of the BoD of Far East Holding Group and president of Far East Smarter Energy Co., Ltd. (hereinafter referred to as “Smarter Energy”, stock code: 600869), He Keng, former deputy director of the NPC Financial and Economic Committee, Qiu Xiaohua, former director of the National Bureau of Statistics and chief economist of Minsheng Securities Research Institute, Hou Yunchun, former deputy director of Development Research Center of the State Council, Lv Kejian, former director of the Asian Division of the Ministry of Commerce, Meng Xiaosu, director-general of China National Real Estate Development Group Corporation and chairman of Huili Fund, Han Fuling, director of Financial and Securities Institute of Central University of Finance and Economics and financial commentator of CCTV, Zhu Lianyu, vice chairman and party secretary of ZPMC Electric (Group) Co., Ltd., Xia Hua, chairman of EVE Group.
Jiang Zhicheng Gives a Keynote Speech
Wang Yue Presides over the Forum
Under the theme of The Exploration of Far East under the New Normal, Jiang Chengzhi pointed out that under the circumstances of today’s world, "Internet +" grows rapidly with constant changes of science and technology and prosperous replacement of old industries, while enterprises are facing both challenges and opportunities. He stressed that both energy saving and production capacity have economic benefits owing to the increasing global energy demand. In the next 20 years, energy saving products and services market are expected to rise at an annual rate of 7-8%. This growth is particularly obvious in the new energy automotive industry, where huge opportunities stirring.
He also shared the growth pattern of Far East. Far East Holding Group, founded in 1985, owns more than 11,000 employees so far, whose annual business income is nearly RMB 40 billion and its brand value reached RMB 35,268 million in 2016. Over the years, the Group always adhered to the development model of "main business + investment" and was committed to becoming the "world's leading smarter energy expert and global investment management expert".
At the main industry aspect, on the one hand, creating a “blue ocean” belongs to Smarter Energy through the interaction between industry and capital; on the other hand, forming the most successful business model in industry – a whole industrial chain management by the combination of traditional and new economy. In the aspect of investment, working cooperatively with well-known funds and professional institutions at home and abroad, and conducting the optimized configuration of domestic and international capital in the fields of electricity, new energy, mobile Internet, finance, health, entertainment, etc.
Following the principle of “putting excellent staff first”, Far East will make continuous efforts in the establishment of a sound and sustainable business partnership mechanism. Staff’s initiatives and cohesiveness are greatly improved by the formulation of Incentive system for core staff being long-time shareholder of Smarter Energy, as well as the implementation of stock ownership plan for 3,000 core staff with RMB 3 billion.
At the end of the speech, he hoped that all the participants can “stay true to the mission, always share and win-win, create value and serve the society".
Jiang Chengzhi (Middle) Gives an Acceptance Speech
A number of awards, including “2016 China Financial and Economic Youth Leader of the Year”, “2016 China Financial and Economic Leader of the Year”, “Outstanding Innovator in China’s Sharing Economy” were presented during this summit. Jiang Chengzhi won the “2016 China Financial and Economic Youth Leader of the Year”.
Jiang Chengzhi (Right) Gives an Interview
Wang Fan, senior director of Smarter Energy and assistant general manager of Far East Cable Co., Ltd. Shao Liang, deputy director and chairman of the BoD of Far East Holding Group, and Lu Wei, assistant general manager of Shanghai Intelligence Power Engineering Co., Ltd. (subsidiary company of Smarter Energy) were also in attendance at this Summit.
Scene of the Forum
Group Photo of All Participating Leaders of Far East
