The Boao Forum for Asia 2018

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Boao Forum for Asia (BFA) Annual Conference 2018

An Open and Innovative Asia for a World of Greater Prosperity

8 - 11 April 2018, Boao, Hainan Province, China

    Deloitte leaders and their key takeaways from the Boao Forum

    At the Boao Forum for Asia, Deloitte delegates shared their views on a range of hot topics, such as the Belt and Road Initiative, blockchain technology, innovation, and China's future business prospect. David Cruickshank, Deloitte Global Chairman, touched on the main areas covered in the discussion with representatives of Chinese and foreign entrepreneurs held by President Xi, while Patrick Tsang, Deloitte China CEO, reiterated Deloitte's faith in and commitment to China's economic development going forward. Watch the videos below to find out more about our leaders' insights!

    Deloitte dialogues with delegates

    As the Intellectual Supporting Partner of the Boao Forum for Asia Annual Conference (BFA AC) for the 14th consecutive year, Deloitte moderated 2 CEO roundtables, as well as participated in a women leaders roundtable and panel session on some of the hottest business topics today:

    CEO Roundtable:

    • 'MNCs in China: Adapting to the Changing Market' on 9 April, 2018 at 9:00am – 10:30am
    • 'Redefine Entrepreneur & Entrepreneurship' on 9 April, 2018 at 3:15pm – 4:45pm

    Session:

    • 'Blockchain: In Plain Words and In Practice' on 10 April, 2018 at 3:15pm – 4:30pm

    Women Leaders Roundtable:

    • 'The Power of “She” in Co-creating a Better Shared World' on 10 April, 2018 at 3:15pm – 4:45pm

     

    In addition, various Deloitte leaders and partners attended the BFA to exchange their views and share insights with fellow delegates. Below are the list of attendees:

    • David Cruickshank, Chairman, Deloitte Global
    • Patrick Tsang, CEO, Deloitte China
    • Paul Siu, Deputy CEO, Deloitte China
    • Vivian Jiang, Deputy CEO, Deloitte China
    • Derek Lai, Vice Chair, Deloitte China
    • Norman Sze, Lead Partner of Government Affairs & Northern Region Managing Partner, Deloitte China
    • Edmund Yeung, National Leader, Financial Advisory, Deloitte China
    • Lily Sheng, Managing Partner, Brand & Communications, Deloitte China
    • Sitao Xu, Chief Economist & Partner, Deloitte China
    • Jennifer Qin, Founder of Blockchain Research & Partner, Deloitte China

    As per previous years, our delegates contributed Deloitte's thought leadership and industry insights at this high-level economic forum.

    Scan the QR code to explore more about Deloitte's role at the BFA AC.

    Boao 2016
    Mini site of the BFA AC 2018

    CEO Roundtable – MNCs in China: Adapting to the Changing Market

    In light of China's ever-evolving business landscape, MNCs in China have had to take on challenges from multiple fronts, such as new rules and regulations, compliance requirements, technological disruption, as well as digital transformation. Given these circumstances, how can MNC leaders reshape their business strategies and operational models as China redefines its economy? Further, what are their expectations in the current business environment?

    CEO Roundtable

    Theme: MNCs in China: Adapting to the Changing Market

    Date: 9 April 2018

    Time: 9:00 am – 10:30 am

    Venue: ICC, Level 1, Peacock 1

    Overview:

    • How is the China market changing for MNCs? And how will that change MNCs' business strategies and plans?
    • When will the pre-entry "national treatment" and "negative list" in free-trade experimental zones be ready for country-wide application, and to what extent?
    • Policy advice and expectations from MNCs

    Click here to read the session summary. 

    CEO Roundtable – Redefine Entrepreneur and Entrepreneurship

    In the past few decades, entrepreneurs in China have played a pivotal role in realizing a high degree of economic growth for the country. As China enters into a new era of economic development, companies will have to reshape their business strategies and adapt to the shifting environment in order to achieve results. Entrepreneurship, as the engine is driving our economic growth.

    CEO Roundtable

    Theme: Redefine Entrepreneur and Entrepreneurship

    Date: 9 April 2018

    Time: 3:15 pm – 4:45 pm

    Venue: ICC, Level 1, Peacock 1

    Overview:

    • For the first time in history, the Chinese government released an official document on entrepreneur and entrepreneurship.  In doing so, what are the key messages it wishes to send and why now?
    • What kind of entrepreneurs and entrepreneurship are encouraged?
    • What kind of market, regulatory and social conditions are required to foster the kind of entrepreneurship as encouraged?

    Click here to read the session summary. 

    Session – Blockchain: In Plain Words and In Practice

    If you've been keeping up to date with the latest developments in FinTech, you would probably know that 'Blockchain' has been all the buzz recently. As a secured and real-time B2B data synchronization platform, its hash algorithm allows information sharing across companies, industries and geographies and has given rise to new virtual currencies, the validity of which is questioned by regulators. How can we reap the benefit from this revolutionary technology? In additional to financial services, what are its applications in other industries?

    Session

    Theme: Blockchain: In Plain Words and In Practice

    Date: 10 April 2018

    Time: 3:15pm – 4:30pm

    Venue: ICC, Level 1, Dong Yu Grand Ballroom B

    Overview:

    • Speculation will in many cases discredit a class of asset and the underlying theory. The recent crackdown of regulators on virtual currency speculators (ICO, for example) has casted doubts on the validity of the underlying Blockchain theory.
    • Is there a plain-words way to introduce Blockchain to the general public? Are there good cases of Blockchain application to convince regulators that it is more than hype and speculation?
    • What can Blockchain do better than traditional finance that makes it worthwhile? Other than finance, can it apply in other sectors?

    Click here to read the session summary. 

    Women Leaders Roundtable – The Power of “She” in Co-creating a Better Shared World

    More than ever before, an increasing number of companies hold the principles of diversity and inclusion as a core corporate value, with their commitment to promoting gender equality being a strong testament to this. Nowadays, female leaders make a proactive effort to strive for success and pursue professional development. In Women Leaders Roundtable, female leaders will share their thoughts on how women make use of their strength to build a harmonious world and make an impact to society.

    Women Leaders Roundtable

    Theme: The Power of “She” in Co-creating a Better Shared World

    Date: 10 April 2018

    Time: 3:15pm – 4:45pm

    Venue: The Pavilion, Level 2, BFA hotel

    Overview:

    • "Her" philosophy of success
    • "He" for "she"
    • Bridge gender gaps
    • Female leadership
    • Co-create a harmonious, inclusive social culture

    Click here to read the session summary. 

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