On December 3-4 (Zurich local time), the Second China-Switzerland Fintech & Wealth Management “Two Lakes” Forum was ceremoniously held in Zurich as the famous financial city of Switzerland. About 100 people, including leaders from the governments of Zurich and Hangzhou, officials from financial and investment institutions, experts from institutes and colleges & universities, and entrepreneur representatives, attended the forum, and carried out full discussion and interaction with regard to exchange and cooperation between two cities in fields such as fintech, wealth management, investment and merger & acquisition.
Compared with last year, this year’s Two Lakes Forum goes abroad for the first time. In addition, the forum focuses on sci-tech finance and financial service management, and highlights its high-end orientation and specialization. Dai Jianping as the Member of the Standing Committee of the CPC Hangzhou Committee and Executive Vice Mayor, Ms. Carmen Walker Sp?h as the President of the Government Council Canton of Zurich, Vice Director Bao Jian of Hangzhou Financial Office, Founding Partner & President Chen Yuemeng of Zheshang Venture Capital, Dean Ben Shenglin of the International Business School of Zhejiang University (Zhejiang Academy of Internet Finance), August Benz as the VCEO and Head of Private Banking & Asset Management Department of Swiss Bankers Association, Director Zeng Lingyan of Credit Suisse Private Banking, Nic Dreckmann as the COO and Member of the Executive Board of Julius Baer Bank, Karl Wehner as the Managing Director of Alibaba Europe and Managing Director of Ant Financial Services, Zhang Kejun as the General Manager Assistant of Shenwan Hongyuan Securities Co., Ltd., Andreas Iten as the General Manager of RUICOINS Fintech Venture Capital and Joint Founder & Board Member of F10 Fintech Incubator & Accelerator, Arie Gerszt as the Head of SIF Capital Market & Construction Department, and other leaders and guests participated in the forum.
▲Photo: Scene of Two Lakes Forum
▲Photo: Dai Jianping, Member of the Standing Committee of the CPC Hangzhou Committee and Executive Vice Mayor, delivered a speech
Elites from all over the world gathered in Zurich to jointly discuss about fintech and wealth management
As the initiator & promoter, President Chen Yuemeng gave a welcome speech. He said: “Two Lakes Forum is originated from an initiative. On October 22 last year, the First Forum was held in Hangzhou and achieved a great success. Hope that, the launching of the forum can deepen the financial exchange and cooperation between China and Switzerland, to further promote the influence of Hangzhou and Zhejiang in the financial field of China and even the world. Switzerland manages 1/4 global private overseas assets, regarded as the upland of world wealth management and fintech prosperous development. Zurich is the most important economic, financial and commercial center of Switzerland, occupying a decisive position in the world. Today, China’s financial position in the world is increasingly prominent, and the capital market also ushers in the unprecedented and unique flourishing development; thereinto, as the innovation & entrepreneurship city full of vitality, Hangzhou is depending on the construction of Qiantang River Financial Bay, to increasingly win the attention of the world. It is believed that the exchange and long-term cooperation between two cities help to achieve both parties’ advantage complementation and joint development.”
▲Photo: Chen Yuemeng, President of Zheshang Venture Capital, gave a speech.
Ms. Carmen Walker Sp?h, President of the Government Council Canton of Zurich, gave a speech on behalf of Switzerland party. She said: “Two Lakes Forum focuses on family wealth inheritance, asset management and fintech, conforming to the orientation of two cities. Switzerland and China keep the long-term close cooperation. From 2013, financial dialogue and exchange are very frequent between China and Switzerland. In 2014, the Free Trade Agreement between two countries became effective, which greatly boosted both countries’ economic and trade cooperation. As the well-known fintech enterprise in the world, Alibaba is located in Hangzhou; a large number of fintech enterprises, like Credit Suisse and Swiss Re-insurance Company, are situated in Zurich. In aspect of digital innovation, Zurich takes a leading role; the research & development centers of Google and IMB are settled here. Zurich also has one of the most excellent education systems in the world, and there are many famous higher colleges & universities, such as Swiss Federal Institute of Technology, University of Zurich, and Zurich Higher College of Technology. Zurich owns the innovative vitality and excellent infrastructures. Hope that, Two Lakes Forum can become the platform to seek new opportunities for the exchange and cooperation between two cities.”
▲Photo: Ms. Carmen Walker Sp?h, President of the Government Council Canton of Zurich, gave a speech on behalf of Switzerland party.
Dai Jianping, Member of the Standing Committee of the CPC Hangzhou Committee and Executive Vice Mayor, delivered a speech. He said: “Hangzhou is a famous historical & cultural city, a capital of ecological civilization, a city full of innovative vitality, and a fast-rising fintech city. In the post-G20 era, Hangzhou is gradually having the new financial industrial chain and ecosphere with an integration of internet finance, venture capital investment, green finance, wealth management and insurance innovation. In addition, there is also Qiantang River Financial Bay under construction. It is believed that this will make Hangzhou become the fintech and new financial innovation center with international influence. Hangzhou meets Zurich, which must be a beautiful encounter through time and space. In fact, two cities are getting closer and closer. For example, this Two Lakes Forum is the second one after the First Forum was successfully held in Hangzhou last year. UBS AG has become the first foreign institution which applies for the holding securities company in mainland China. In the future, Hangzhou will continue to keep an open mind, and deeply launch the cooperation with Zurich in various fields focusing on fintech and wealth management.
▲Photo: Group photo of guests attending the forum
During the process of topic exchange, Dean Ben Shenglin of the International Business School of Zhejiang University (Zhejiang Academy of Internet Finance), and Karl Wehner as the Managing Director of Alibaba Europe and Managing Director of Ant Financial Services, brought their respective topics to carry out sharing. Nic Dreckmann as the COO and Member of the Executive Board of Julius Baer Bank accepted the on-site interview by Marc Lussy as the Senior Consultant of F10 Fintech Incubator & Accelerator, and launched the in-depth exchange with guests. Liu Dongqiu as the Managing Partner and CEO of Zheshang Venture Capital, Director Zeng Lingyan of Credit Suisse Private Banking, Dean Ben Shenglin, General Manager Karl Wehner, Arie Gerszt as the Head of SIF Capital Market & Construction Department, August Benz as the VCEO and Head of Private Banking & Asset Management Department of Swiss Bankers Association, and Andreas Iten as the General Manager of RUICOINS Fintech Venture Capital and Joint Founder & Board Member of F10 Fintech Incubator & Accelerator, participated in the round table discussion.
▲Photo: Ben Shenglin, Dean of the International Business School of Zhejiang University (Zhejiang Academy of Internet Finance)
▲Photo: Karl Wehner, Managing Director of Alibaba Europe and Managing Director of Ant Financial Services
▲Photo: Nic Dreckmann (L) as the COO and Member of the Executive Board of Julius Baer Bank accepted the on-site interview by Marc Lussy (R) as the Senior Consultant of F10 Fintech Incubator & Accelerator.
▲Photo: Round table discussion
At the forum, Zheshang Venture Capital (ZSVC) signed a memorandum with F10 Fintech Incubator & Accelerator; CCRS signed a memorandum with the International Business School of Zhejiang University (ZIBS). According to the agreement, Zheshang Venture Capital will establish the institutionalized communication with F10, to create opportunities for investment and development of newly-established enterprises in F10 ecological system.
▲Photo: On behalf of Zheshang Venture Capital, CEO Ni Min of Zheshang Venture Capital signed a memorandum with F10 Fintech Incubator & Accelerator.
▲Photo: Dean Ben Shenglin signed a memorandum with Dr. Philip Erni as the Dean of CCRS.
Dense schedule for in-depth exchange to benefit a lot
Compared with the First Two Lakes Forum, the Second Forum added the in-depth exchange link. On the afternoon of December 3, and on December 4, Vice Mayor Dai Jianping led Zhejiang Two Lakes Forum Business Visit Delegation composed of Zheshang Venture Capital, Shenwan Hongyuan and other organizations, to intensively visit many well-known institutions, such as F10 Fintech Incubator & Accelerator, Zurich Global Blockchain Center, Swiss Exchange, Credit Suisse, UBS AG, and Swiss Bankers Association. When visiting every institution, the delegation carried out the specialized exchange with the related personnel of the institution, understood the institution in detail, and explored the possibility for exchange and cooperation. The members of the delegation benefited a lot.
During the process of visiting F10, when knowing that the survival rate of innovation enterprises in the incubator was up to 97%, Dai Jianping gave full affirmation for the operation model of the incubator which was dominated by financial head enterprises, supported sci-tech innovation enterprises, explored the sci-tech innovation of the financial industrial chain, and achieved enabling. He hoped that, according to the actual conditions, the related departments of Hangzhou can take example by F10 Park’s operation model on supporting accurate innovation, to perform learning and digestion, and proactively explore how to expand to the digital innovative development of the traditional manufacturing industry.
▲Photo: When visiting F10 Park, Dai Jianping gave full affirmation for the operation model of the park
When visiting Credit Suisse and UBS AG, Dai Jianping hoped that, the financial investment enterprises in China and Switzerland may strengthen the exchange and cooperation, to match a large amount of low interest rate precipitation funds of Switzerland party with the huge market demands of China, Zhejiang and Hangzhou, so as to achieve better cooperation and utilization of resources.
▲Photo: Visit UBS AG to know about its development situation
At the time of visiting Swiss Global Blockchain Center, Dai Jianping carried out the comprehensive understanding for the latest development and application of blockchain technology in the world, considered that blockchain had broad application prospects in the high-quality development of the enabling entity industry, and hoped that, during the process of supporting the development of Tonglu express delivery industry, Hangzhou can make good use of blockchain technology, to drive the innovative development of the supply chain terminal.
▲Photo: Visit UBS AG to know about its development situation
At the seminar which was held in Swiss Bankers Association, Dai Jianping hoped that the association can play a more important role in supporting financial investment & cooperation between China and Switzerland. He also suggested that, the association should boost the strategic cooperation with Hangzhou party, to jointly support the normalized launching of Two Lakes Forum, so that the forum can become an excellent platform serving financial professionals in two countries.
▲Photo: Scene of the seminar which was held in Swiss Bankers Association
After two-day in-depth exchange at Two Lakes Forum, Dai Jianping considers that, Two Lakes Forum may play a good role in accelerating the internationalized process of Hangzhou and the construction process of the international sci-tech finance center, it is a very international & specialized high-end exchange platform, and Hangzhou City must give strong support, so that the forum with high quality can be continued to be held, and it may really become a bridge stage to promote the exchange and cooperation between two countries. Look forward to bearing rich fruits!
▲Photo: Visit Swiss Exchange and carry out exchange activities
The Second Two Lakes Forum was successfully held, which embodies that Zheshang Venture Capital adheres to the original intention to boost sci-tech finance cooperation between China and Switzerland. The normalized launching of Two Lakes Forum will play an important role in promoting the international taste of Hangzhou City; in addition, with the attitude of internationalization, high-end orientation, specialization and in-depth cooperation, the forum will fully display two countries’ new achievements in fintech innovation.