Top-class Worldwide Experts Gather in Shanghai to Plan Investment Distribution for CMIG

The Third Conference of the CMIG Global Advisory Council, an annual grand event of a top-class private think tank in China, will formally open in Shanghai on October 13th. Under the theme of “New situations around the World & New Opportunities in Asia,” this Conference will focus on the current global economic situation and investment opportunities in the Asian region. The two-day conference invites political, economic, and academic elites from around the world to discuss trends affecting regional development, along with opportunities and challenges confronted by Chinese capital.

Since January 2015, CMIG began to set up a think tank organization, the CMIG Global Advisory Council. They convened the first and second conferences in Beijing and Singapore. As an ad hoc consulting and advisory organization, the CMIG Board of Directors up till now has assembled more than a dozen top-class experts from global political, investment and academic fields to become advisor members. In the future, more outstanding personalities will join.

As the representative of Chinese private capital and founded in August 2014, CMIG has acquired rapid growth in a matter of two years to attract widespread attention in the industry. Arranging construction for the “One Belt, One Road” initiative, CMIG built the Indonesia Industrial Park with USD 5 billion and acquired Sirius International Insurance with USD 2.5 billion. They built the world’s biggest single unit photovoltaic power station in Ningxia and purchased 100 Airbus helicopters. All these “master strokes” came from deep insight into the global economic situation and an accurate grasping of industry trends by CMIG “foreign brain,” namely top-echelon experts from different industries worldwide.

During the conference of this year’s Global Advisory Council, CMIG management will introduce CMIG’s strategic distribution and business growth thus far, spanning over 2 years since its inception. The Theme Forum of the conference will also adopt the theme of “Global Asset Restructuring and Economic Re-balancing—How CMIG Grasps Investment Opportunities in the New Situation.” They’ve invited expert Board members to interpret the global and Asian situation and offer suggestions on investment strategies for Chinese private capital represented by CMIG in regions around the globe and in each industry.

Parallel forums show CMIG global strategic distribution

Up till now, CMIG’s total assets have grown to about 200 billion yuan. Furthermore, it has established three major features of new energy, building industrialization, and home-based senior citizen care, as well as the strategy of creating three financial groups: a globalized insurance group in Singapore, financial leasing group in Hong Kong, and asset management group overseas.

Revolved around the above strategies, the conference on October 13th will set up sub-forums for topics including CMIG’s plan to create the Singapore Insurance Center, Hong Kong Leasing Platform, and European Asset Management Group, along with CMIG distribution in building industrialization and new energy fields. It will invite senior industry experts from different sectors and administrators of leading enterprises to conduct in-depth analysis of opportunities and challenges, as well as development prospects in each industry.

European political celebrity and Nobel Prize winner have become CMIG’s new “foreign brain”

Professor Angus Deaton, winner of the Nobel Prize in Economics in 2015 (left) and former Prime Minister of Poland Marek Belka (right) have formally become new members of the Global Advisory Council

It is worth noting that Marek Belka, former Prime Minister of Poland, and Angus Deaton, winner of the Nobel Prize in Economics in 2015, are now members of the CMIG Global Advisory Council for the first time.

Professor Marek Belka was Prime Minister of Poland from May 2004 to October 2005 and Deputy Prime Minister and Minister of Finance in the Cimoszewicz government in 1997. From 2001 to 2002, he was Deputy Prime Minister and Minister of Finance in the Miller government. Professor Belka also assumed senior posts in a number of international organizations.

As winner of the Nobel Prize in Economics in 2015, Sir Angus Deaton has made important contributions to analysis research in consumption, poverty, and welfare. Currently, he is a Professor at Woodrow Wilson School of Public and International Affairs, Princeton University, and Professor of Economics and International Affairs in the Department of Economics, Princeton University. He focuses his research on health, welfare, and economic development.

Members of the CMIG Global Advisory Council are all global celebrities, scholars, and entrepreneurs. They are: 

Shaukat Aziz, Former Prime Minister of Pakistan, Roland Berger, Honorary President of Roland Berger Strategy Consultants, Marek Belka, Former Prime Minister of Poland, Mr. Dhanin Chearavanont, Chairman of Charoen Pokphand Group, Angus Deaton, winner of Nobel Prize in Economics 2015, Ronn Dennis, Chairman of McLaren Group, Dominique de Villepin, Former French Prime Minister, Kim Seung Yu, Former President of Hana Financial Group, Stephen Orlins, President of the National Committee on United States-China Relations, Romano Prodi, Former President of European Commission and Former Prime Minister of Italy, Suryo, Former Chairman of The Indonesia Chamber of Commerce and Industry (KADIN), Chen Zhiwu, Professor of Financial Economics of Yale University, Henry Cheng Kar-shun, Chairman and Managing Director of Hong Kong New World Development Co., Ltd, Steve Chow, former Governor and President of Taiwan Chinatrust Commercial Bank, Li Daokui, Professor of Tsinghua University, Yang Bin, Vice President of Tsinghua University, Yang Xiaoping, Vice Chairman of Charoen Pokphand Group, and Zhang Guobao, Director of the Expert Committee of National Energy Committee.

The Secretary-Generals of the Council are Kevin EunHyung Lee, Executive Vice Chairman of the CMIG Board of Directors, and Alistair Michie, Secretary-General of the British East Asia Council.