The newly released five-year plan in China which lays out planned reform efforts and describes growth path for the years 2016 to 2020, it has not only play a crucial role in international stage but is also highly relevant for China’s retail banking industry. The therein described financial system reform will stimulate commercial banks to increase the effective financial supply capacity through the overall system innovation.
Despite from the financial system reform, retail banking in China also faced with changing customer expectations and strong competition from new players such as Tencent and Alibaba. Financial institutions undertake initiatives to improve on client engagement and omni-channel experience. By utilising more advanced data analysis methods, offering mobile banking and other digital channels to stay competitive.
The China International Banking Convention is the leading annual convention designed for bankers and financial services professionals to discuss the most current trends in the industry, as well as challenges, new solutions and best practice case studies. The convention brings together international speakers and senior banking executives and regulators to provide world class dialogue.
Key issues to be covered