China's top government ministers addressed a record audience from 19 countries at a two-day conference in Beijing. The main theme to emerge was the government's commitment to continuing to develop China's financial markets. Charlie Floyd reports.
On the 1st and 2nd December China's most distinguished government ministers addressed a record audience of 1250 top-level executives and financial leaders at the 3rd annual Euromoney China Conference: Capital Markets and Corporate Governance. 19 countries were represented at the event, co-hosted by ICBC and HSBC, at the China World Hotel in Beijing.
Keynote speakers included Zhou Xiaochuan, Governor, People's Bank of China, Liu Mingkang, Chairman, China Banking Regulatory Commission, Shang Fulin, Chairman, China Securities and Regulatory Commission, Lou Jiwei, Vice Minister, Ministry of Finance, People's Republic of China, Jiang Jianqing, Chairman and President, ICBC, David Eldon, Chairman, Asia-Pacific, HSBC and Hans-Dietrich Genscher, Former Vice Chancellor and Former Federal Minister of Foreign Affairs, Germany
Chinese government dignitaries reiterated their commitment to developing China's financial markets. The securities and regulatory commission announced that a selection of new products and regulations would soon be introduced into the capital markets to give investors better protection and develop their investment tools. Liu Mingkang stressed the importance of corporate governance in creating stable and effective financial markets in China. The opening speeches set the scene for what turned out to be two days of consistently engrossing - and sometimes fierce - debate and discussion.
