Asia: Managing Beyond Crisis



Green Recovery: Asia’s Realistic Choice for Sustainable Growth

Boao Forum for Asia Annual Conference 2010

Thursday, April 8

|07:00 - 22:00 |Registration |

| |(Meilan Airport, Haikou) [i] |

|16:00 – 17:30 |BFA Board of Directors Meeting |

| |(ICC, Level 1, Peacock IV) |

|18:00 - 19:00 |BFA General Meeting of Members |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

|19:30 - 21:00 |Welcome Dinner for BFA Members and Sponsors |

| |(Sofitel Hotel, 1st Floor, Symposium Restaurant) |

Friday, April 9

|07:00 - 22:00 |Registration |

| |(Meilan Airport, Haikou) |

|07:00 - 14:00 |BFA “New Fortune Cup” Golf Invitational 2010 |

| |(Dong Yu Island, BFA ICC Golf Club) |

|14:30 - 16:00 |Dialogue with Henry Paulson: China, the US and the World |

| |(Sofitel Hotel, 5th Floor, Sofitel Club) |

| |(Invitation Only) |

|15:00 - 16:00 | |

| |BFA Annual Conference 2010 Press Conference & Launch of BFA Annual Report 2009 |

| |(Sofitel Hotel, Oriental Theatre, 1st Floor) |

|15:30 - 17:00 |Young Leaders Roundtable |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |Moderator: RUI Chenggang, Director & Anchor, China Central Television |

| |Co-Chairs: Jung Wook HONG, Member, National Assembly, Republic of Korea |

| |Chi Ping Martin LAU, President, Tencent |

|15:30 - 17:30 | |

| |China CEO Roundtable: “The Profit in Green: Strategies and Best Practices for Building Business in a Green|

| |Growth World” |

| |(ICC, Level 1, Peacock 1) |

| |(Invitation Only) |

| |Moderator: Chris LU, CEO, Deloitte China |

|16:30 - 17:00 |Handover Ceremony of Shanghai GM Official Vehicle for BFA |

| |(ICC, South Gate Plaza) |

|18:00 - 20:00 |Volvo Ocean Race Theme Cocktail |

| |(Sofitel Hotel, Leisure Bar - Wan Quan Swimming Pools Area ) |

|19:00 – 20:30 |Buffet Dinner |

| |(Sofitel Hotel, Asiana Restaurant, Le Mistral and Symposium) |

|20:30 - 22:00 |FMG Cocktail Party |

| |(Sofitel Hotel, Symposium Restaurant, Balcony) |

| |(Invitation Only) |

|20:30 - 22:00 |The ChateauSungod GREATWALL Tasting Party |

| |(ICC, Level 1, Peacock 1) |

|20:45 - 22:15 |Capital Market: Financing the Transformation of Asian Economies |

| |(Sofitel Hotel, Oriental Theatre, 1st Floor) |

| |The Launch of a Second Board in China is truly encouraging for the ongoing economic transformation in |

| |China – a positive signal to investors and entrepreneurs that capital markets rewards innovation and an |

| |enterprising spirit. How can capital markets help to facilitate the transformation of Asian economies? |

| |What can we learn from mature markets? Are there going to be any further major developments in the |

| |foreseeable future? |

| |Moderator: QIN Shuo, Chief Editor, China Business News |

| |Panelists: Henry PAULSON, the 74th United States Treasury Secretary |

| |SCHIVE Chi, Chairman, Taiwan Stock Exchange |

| |Anthony BOLTON, President – Investments, Fidelity International |

| |Erh-Fei LIU, Managing Director, Country Executive and Head of Corporate & Investment Banking, China, Bank |

| |of America and Merrill Lynch |

|21:30 - 23:30 |Bank of America Merrill Lynch Jazz Night |

| |(Sofitel Hotel, 2nd Floor, Lobby Bar ) |

Saturday, April 10

|09:30 – 11:00 | |

| |Opening Plenary: “Green Recovery: Asia’s Realistic Choice for Sustainable Growth” |

| |(ICC, Level 2, BFA Main Hall) |

| |Moderator: LONG Yongtu, Secretary General, Boao Forum for Asia |

| |Welcome Remarks: Fidel RAMOS, Chairman, Boao Forum for Asia |

| |Keynote Speeches: |

| |XI Jinping, Vice president, People’s Republic of China |

| |CHOUMMALY Sayasone, President, the People’s Democratic Republic of Laos |

| |Lars Lokke RASMUSSEN, Prime Minister, Kingdom of Denmark |

| |Sukhbaatar BATBOLD, Prime Minister, Mongolia |

| |Mohammad Reza RAHIMI, First Vice President, Islamic Republic of Iran |

| |Karim HALILI, Vice President, Islamic Republic of Afghanistan |

| |Jose Luis GUTERRES, Deputy Prime Minister, Democratic Republic of Timor-Leste |

| |CHHAY Than, Senior Minister, Minister of Planning, Kingdom of Cambodia |

| |Corporate Representatives: |

| |Mohamed AL-MADY, Vice Chairman & CEO, Saudi Basic Industries Corp |

| |Andrew FORREST, Chief Executive Officer, Fortescue Metal Group |

| |Par OSTBERG, Senior Vice President, Volvo Group |

|11:15 - 12:30 |From G8 to G20: New Architecture, New Rules, New Players |

| |(Sofitel Hotel, Oriental Theatre, 1st Floor) |

| |The rise of emerging economies has put an end to the dominance of G8 in global economy and given birth to a |

| |new grouping – G20. G20 means far more than a mere inclusion of 12 new members. It marks a major departure |

| |from the status quo. People look forward to seeing a greater role by emerging economies and a new set of |

| |rules on global governance. In this session, heads of key international organizations, central bankers, |

| |economists and business leaders will share their thoughts on how the new architecture will evolve and its |

| |implications for the world economy. |

| |Moderator: C. Lawrence GREENWOOD Jr., Vice President, Asian Development Bank |

| |Panelists: ZHOU Xiaochuan, Governor, People’s Bank of China |

| |Juan Jose DABOUB, Managing Director, the World Bank |

| |Robert HORMATS, Under Secretary of State, USA |

| |Rajan Bharti MITTAL, Vice Chairman & Managing Director, Bharti Enterprises; President, FICCI, India |

| |Jean-Pierre LANDAU, Deputy Governor, Bank of France |

| |Gerry GRIMSTONE, Chairman, Standard Life |

|11:15 - 12:30 |Rethinking Growth |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |Export-led growth models have proven vulnerable. Environment and resource restraints condemn heavy pollution |

| |and high energy/resource consumption. Asia must change its growth paths, though the transformation will |

| |inevitably be a protracted and painstaking process. Do governments have the political will and vision to make|

| |bold changes? Are there any successful examples to follow? How to manage the transition? What policies are |

| |expected from the government? How should companies adjust their strategies accordingly? |

| |Moderator: RUI Chenggang, Director & Anchor, China Central Television |

| |Panelists: Shaukat AZIZ, Former Prime Minister, Pakistan |

| |ZHANG Xiaoqiang, Vice Chairman, National Development and Reform Commission, China |

| |LEE Yoon-woo, Vice Chairman, Samsung Electronics |

| |N. CHANDRA, Managing Director & CEO, Tata Consultancy Services |

| |Yoichi FUNABASHI, Editor-in-Chief, Asahi Shimbun, Japan |

| |Daigee SHAW, President, Chung-Hua Institution for Economic Research |

|12:45 - 14:15 |Luncheon Session: Trade Protectionism – A Real Threat to Recovery |

| |(ICC, Level 1, Dong Yu Grand Ballroom C&D) |

| |Reassurance made at the G20 Summit are not enough to dispel concerns about the steady rise of trade |

| |protectionism; sentiments of economic nationalism has compelled governments to take short-sighted trade |

| |measures, which have posed a real threat to a fragile global recovery. The Doha Round, however, remains |

| |ineffective. Does global trade liberalization still have a future? What can be done to curb trade |

| |protectionism? Are regional bilateral and multi-lateral trade agreements a viable alternative reducing trade |

| |protectionism? |

| |Moderator: Victor FUNG, Chairman, International Chamber of Commerce; Chairman, the Li & Fung Group |

| |Panelist: Lars Lokke RASMUSSEN, Prime Minister, Denmark |

| |GOH Chok Tong, Senior Minister; Chairman, Monetary Authority of Singapore |

| |YI Xiaozhun, Vice Minister of Commerce, China |

| |Mikio SASAKI, Chairman of the Board, Mitsubishi Corporation |

|14:30 - 15:45 |Merger & Acquisition: Ideal vs. Reality |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |For Asian companies attempting to “go out”, cheap and lucrative deals seem to be everywhere. However, the |

| |complexity and uncertainty of overseas M&A often results in a number of failures. Primarily, companies must |

| |fully understand the target enterprise, the legal and social circumstances and possible political barriers. |

| |Equally important, but often ignored, are post-M&A problems such as corporate cultural differences, |

| |management team frictions, trade union conflicts, community relations and environmental requirements. What |

| |experiences and lessons can be learned from those who have tested the water? |

| |Moderator: Martin SOONG, Anchor, CNBC |

| |Panelist: Mohamed Al-Mady, Vice Chairman & CEO, Saudi Basic Industries Corp. |

| |Max Burger-Calderon, Non-Executive Chairman, Apax Partners Asia |

| |Russell SCRIMSHAW, Executive Director, FMG |

| |XIONG Weiping, General Manager, Aluminum Corporation of China |

| |Par OSTBERG, Senior Vice President, AB Volvo |

|14:30 - 15:45 |Counter-Cyclical Strategies: Thinking Ahead |

| |(ICC, Level 1, Dong Yu Grand Ballroom B) |

| |To survive volatile economic cycles and grow in adversity, entrepreneurs must think ahead with vision, good |

| |judgement and nerve. In good times, level-headedness is a necessity to curb impulse buying and irresponsible |

| |expansion. In bad times, visionary leaders are not subdued by fear or pessimism. By retaining and recruiting |

| |talents, increasing R&D and innovation input and sensible M&A, they sow the seeds for future growth and |

| |excellence. In this session, CEOs and economists will share their experiences and expertise on |

| |counter-cyclical strategies. |

| |Moderator: William POWELL, China Bureau Chief, Time and Fortune Magazines |

| |Panelists: Klaus ENGEL, Chairman of the Executive Board, Evonik Industries AG |

| |B. MUTHURAMAN, Chairman, Tata International Limited |

| |Jaime Augusto Zobel de AYALA, Chairman & CEO, Ayala Corporation |

| |Madhu KONERU, Executive Vice Chairman, MEC Holdings |

|16:00 - 17:15 |Low-Carbon Energy: Can Asia Lead the World? |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |Despite robust growth, Asian economies are mostly seen as latecomers or challengers in traditional |

| |industries. The financial crisis and global policies on climate change have forced Asia into painstaking |

| |restructuring and transformation. Beyond the pain, however, those with vision do see a rare opportunity for |

| |Asia to lead the world – low carbon energy. Will it have as revolutionary an impact on the economy as the |

| |Internet? Is Asia well-placed in this field? What are the technological, market and policy restraints? Do |

| |governments have any short- and long-term solutions? Will Green Recovery be a real choice for Asia to emerge |

| |out of the crisis as the front runner? |

| |Moderator: Thomas CRAMPTON, Asia Pacific Director, 360 Digital Influence, Ogilvy Public Relations Worldwide |

| |Panelists: Jairam RAMESH, Minister of State for Environment and Forests, India |

| |FU Chengyu, President, CNOOC |

| |Tulsi TANTI, Chairman & Managing Director, Suzlon Energy, India |

| |John Paul BROEDERS, Chairman of the Executive Board, Royal Vopak |

| |Robert DUDLEY, Executive Director & Executive Vice President, BP Group |

| |DING Lei, Vice President, SAIC Motor; President, Shanghai GM |

| |Kim FAUSING, COO, Danfoss A/S |

| |Ja Young KOO, President & CEO, SK Energy |

|16:00 - 17:15 |Move to Consumption – Asian Style |

| |(ICC, Level 1, Dong Yu Grand Ballroom B) |

| |Low consumption levels have been a problem in Asia, which partly explains why Asian economies depend heavily |

| |on exports to Europe and the US and why “decoupling” from the financial crisis is not possible. Thrift is |

| |often cited. However, Asian consumers hesitate to spend for other reasons, too. What are the structural |

| |factors that subdue Asian consumption? What can be done to stimulate domestic demand? Environment and |

| |resource pressures mean that Asians can not spend the American way. How different will the consumption |

| |behavior of Asians be? |

| |Moderator: Yansong BAI, Anchor, China Central Television |

| |Panelists: FAN Gang, President, National Economic Research Institute, China |

| |CHEN Zhi Wu, Professor of Finance, Yale School of Management |

| |LIU Changle, Chairman & CEO, Phoenix Satellite TV |

| |Stephen KEHOE, Vice President, PepsiCo |

|17:30 - 18:45 |Business Environment: Nothing as Usual after the Crisis? |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |It’s no longer “Business As Usual”. As governments and economists reexamine the health of their national |

| |economies, CEOs are struggling to understand what all this mean to their businesses. To what extent is the |

| |business environment different from the pre-crisis days, from both macro and micro perspectives? Where are |

| |the risks? Are there opportunities? What are the suggestions for CEOs? |

| |Moderator: XIANG Bing, Founding Dean, Cheung Kong Graduate School of Business |

| |Panelists: Michael TRESCHOW, Chairman, Ericsson |

| |CHEN Feng, Chairman, HNA Group |

| |Harsh Pati SINGHANIA, Managing Director, J K Paper Ltd, India |

| |WEI Jiafu, President & CEO, COSCO Group |

| |ZHANG Ya-Qin, Corporate Vice President, Microsoft Corporation |

|17:30 - 18:45 |Deregulation: Unleashing the Power of the Private Sector |

| |(ICC, Level 1, Dong Yu Grand Ballroom B) |

| |Unprecedented stimulus packages have brought governments back to prominence in economy. However, this does |

| |not diminish the importance of the private sector for employment, tax and sustainability of economic growth. |

| |Particularly as Asia transforms, the private sector has a larger role to play in sustaining investments and |

| |stimulating domestic consumption. To release the power of the private sector, governments must allow them |

| |greater access to banking, telecommunications, petro-chemical industries, education and healthcare, and |

| |ensure that private enterprises and capital play on a level field with their state-owned counterparts. |

| |Deregulation is the key. |

| |Moderator: HU Shuli, Editor-in-Chief, CAIXIN Media; Dean, School of Communication & Design, Sun Yat-sen |

| |University |

| |Panelists: XU Xiaonian, Professor, China Europe International Business School |

| |K. K. MODI, Chairman, Modi Enterprises; President, Godfrey Phillips India |

| |Christina Y. LIU, Chief Economist & Chief Economic Advisor, Chinatrust Financial Holding Co. Ltd |

| |James LAMBRIGHT, Former Chairman & President, Export-Import Bank, US |

| |ZHANG Yue, President, Broad Air Conditioning Co. Ltd |

| |LI Jiange, Chairman, China International Capital Corporation |

|19:15 - 20:45 | |

| |“Night of Boao” Cultural Performance & Fireworks Display |

| |(Buffet Served) |

| |(Dong Yu Island, BFA ICC Golf Club) |

|21:00 – 22:30 |Redefine the Role of Real Estate |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |The Asian economy is facing challenges in restructuring and sustaining growth. How can the real estate |

| |industry redefine its role in such a transformation? Will the stimulus packages create another property |

| |bubble even before the economy gets back on track? Will exorbitant housing prices compromise consumption |

| |elsewhere, burden companies with increasing costs and reduce the competitiveness of a city? How should the |

| |housing market reform live up to people’s expectations of affordable housing? |

| |Moderator: WANG Yongping, Secretary General, China Commercial Real Estate Association (CCREA) |

| |Panelists: CHEN Huai, Director General, Policy Research Center, Ministry of Housing and Urban-Rural |

| |Construction |

| |PAN Shiyi, Chairman, SOHO China Ltd. |

| |Vincent H. S. LO, Chairman, Shui On Group |

| |CHEN Guoqiang, Vice Chairman, China Real Estate Society |

| | |

Sunday, April 11

|07:30 – 09:00 |Breakfast Session: Alternative Investments in Asia |

| |(ICC, Level 1, Peacock I) |

| |(Invitation Only) |

| |As the economic crisis swept the global financial markets, sovereign wealth funds were negatively affected |

| |strongly, with many of them reporting heavy portfolio value declines, particularly relative to their |

| |investments in financial services companies. While CIC had only invested in a few financial services |

| |companies, their value decline nevertheless impacted CIC’s overall portfolio returns, even though most of |

| |CIC’s portfolio was invested in short-term, liquid instruments as CIC was just getting organized. As a |

| |result, at the end of 2008, CIC’s overall performance was in the upper quartile vs. most SWFs. As the crisis |

| |began to subside in early 2009, CIC became an active global investor. Dr. Gao Xiqing will discuss the impact |

| |of the financial crisis on CIC, lessons learned and how it has impacted investment plans and strategy going |

| |forward. He will also discuss CIC commitment to transparency in reporting and provide his thoughts on the |

| |global investment climate. |

| |Moderator: WANG Boming, Chairman, the Stock Exchange Executive Council |

| |Speaker: GAO Xiqing, President, China Investment Corporation |

|07:30 – 09:00 | |

| |SK Breakfast Session: Current Status and Prospect of the Chinese Economy |

| |(ICC, Level 1, Peacock 2) |

| |(Invitation Only) |

|09:00 – 10:15 |Beyond Chiang Mai Initiative: Regional Financial Cooperation in Asia |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |Regional financial cooperation in Asia was not taken seriously until the 1997 Financial Storm hit. CMI and |

| |the “ASEAN plus 3” forex reserve pool mark a big step in the right direction. Meanwhile, the IMF is |

| |reinventing itself to become more effective and influential whereas the EU is preparing the proposal of a |

| |European Monetary Fund. Against such a backdrop, what’s next for Asia’s regional financial cooperation? Do |

| |governments have the political will and institutional plans to broaden and deepen regional financial |

| |cooperation? The panel is expected to provide some innovative ideas. |

| |Moderator: Tom EASTON, Asia Business Editor, the Economist |

| |Panelists: Tun Abdullah bin Haji Ahmad BADAWI, 5th Prime Minister, Malaysia |

| |Suwondo Gatot MUDIANTORO, President Director, BNI, Indonesia |

| |ZHENG Xinli, Permanent Vice Chairman, China Centre for International Economic Exchanges |

| |Yasuyo YAMAZAKI, President, Sun-Based Economy Association |

| |ZHENG Xiaosong, Director General, Ministry of Finance, China |

|09:00 – 10:15 |Emerging Markets: Time to Turn to One another |

| |(ICC, Level 1, Dong Yu Grand Ballroom B) |

| |Emerging economies do not necessarily have to “look west” for inspiration, experience and powerful markets. |

| |They have much to learn from one another, and much to gain from trade and investment amongst themselves. This|

| |session is designed to compare growth paths, competitiveness, weaknesses and the potential of major emerging |

| |economies, and explore the prospect of Intra-Emerging-Markets cooperation. |

| |Moderator: Jason DEAN, China Business Editor, Wall Street Journal |

| |Panelists: DAI Xianglong, Chairman, National Council for Social Security Fund, China |

| |DO Huu Hao, Vice Minister, Ministry of Industry and Trade, Vietnam |

| |Amit MITRA, Secretary General, Federation of Indian Chambers of Commerce and Industry (FICCI) |

| |Azman MOKHTAR, Managing Director, Khazanah Nasional Bhd, Malaysia |

| |Donald KANAK, Chairman, Prudential Corporation Asia |

| |Gita WIRJAWAN, Chairman, Indonesian Investment Coordinating Board |

|10:15 - 10:30 |Coffee Break |

|10:30 - 11:45 |21st Century Finance, 21st Century Regulation |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |21st century Finance, 20th Century Regulation. Global flow of capital is not matched by global regulation. |

| |The World Financial Organization (WFO) is not even mentioned much, let alone play a major role similar to the|

| |WTO. High hopes have been placed on the Financial Stability Board and the IMF. Can they do the job |

| |effectively? What reforms are necessary? What shall the 21st Century regulation be like? Which risks may |

| |disrupt the financial system if not properly handled? Are we ready for them in terms of early warning, |

| |safeguard and response mechanism? |

| |Moderator: Stephen ENGLE, Reporter, Bloomberg Television |

| |Panelists: LIU Mingkang, Chairman, China Banking Regulatory Commission |

| |Isaac SOUEDE, Chairman & CEO, Permal Group |

| |Jia-Dong SHEA, Chairman, Taiwan Academy of Banking and Finance and Taiwan Financial Services Roundtable |

| |Fred Hu, Chairman, Greater China, Goldman Sachs |

|10:30 - 11:45 |Corporate Governance: Learning Lessons from the Crisis |

| |(ICC, Level 1, Dong Yu Grand Ballroom B) |

| |Poor corporate governance is partly blamed for the crisis. Well-established governance structures, principles|

| |and practices in the US have been questioned. Asia, used to turning to the West for enlightenment, may need |

| |to think for itself about ownership structures, board compositions, executive compensation and incentive |

| |schemes. |

| |Moderator: Deborah KAN, Anchor, Thomson Reuters |

| |Panelists: SHAO Ning, Vice Chairman, State Assets Supervision and Administration Commission (SASAC), State |

| |Council, China |

| |James QUIGLEY, Chief Executive Officer, Deloitte Touche Tohmatsu |

| |Antony LEUNG, Senior Managing Director, the Blackstone Group |

| |Alberto WEISSER, Chairman & CEO, Bunge Limited |

| |Lord Leon BRITTAN, Vice Chairman, UBS Investment Bank |

| |GUAN Jianzhong, Chairman & President, Dagong Global Credit Rating |

| | |

|12:00 - 13:30 |Luncheon Session: China and India – Cooperation in the 21st Century |

(ICC, Level 1, Dong Yu Grand Ballroom C&D)

| |Government and business leaders of both countries have come to appreciate the importance of cooperation. As a|

| |result, trade has grown substantially. Meanwhile, there is a level of healthy competition between the two |

| |countries and business communities – particularly in the quest for energy to fuel their economies. How |

| |expansive can the mutual trade become? What will be the level of cooperation in technology development, |

| |particularly clean tech and IT? Can the two economies learn from each other and cooperate in areas such as |

| |China expanding domestic consumption and IT and India improving infrastructure and manufacturing capacity? |

| |How will Chin and India work together as Asia continues to become a significant part of the global economy, |

| |and as two key representatives of the developing world? |

| |Moderator: Steve DAHLLOF, President & CEO, Asia Pacific, Ogilvy PR Worldwide |

| |Panelists: Jairam RAMESH, Minister of State for Environment and Forests, India |

| |LONG Yongtu, Secretary General, Boao Forum for Asia |

| |Amit MITRA, Secretary General, Federation of Indian Chambers of Commerce and Industry (FICCI) |

| |FAN Gang, President, National Economic Research Institute, China |

|14:00 - 15:30 | |

| |BFA Across-Straits Business Roundtable: Opportunities Arising from the ECFA |

| |(ICC, Level 1, Dong Yu Grand Ballroom A) |

| |Preparations for the Economic Cooperation Framework Agreement (ECFA) across the Taiwan Straits are underway |

| |in an increasing pace, as both sides share the goal of trying to sign it before the mid-year. What |

| |opportunities will the signing of the Agreement present to economic growth and sector-wise cooperation across|

| |the Taiwan Straits? How can both sides strengthen cooperation and achieve win-win? Business leaders across |

| |the Straits will sit down to examine the opportunities and prospect of cooperation with the ECFA coming into |

| |effect. |

| |Co-Chairs: DAI Xianglong, Chairman, National Council for Social Security Fund, China |

| |Fredrick F CHIEN, Senior Advisor, Cross-Strait Foundation |

|14:00 - 15:30 |Boao TV Debate: Asian 2010 |

| |(Sofitel Hotel, Oriental Theatre, 1st Floor) |

| |While the world pins its hopes on Asia to lead the way for a global recovery, the region’s fundamentals |

| |remain a source of concern for policymakers and corporations alike. The pressures of change have highlighted |

| |Asia’s dilemma in walking the tightrope between prudence and growth. In times of crisis, public support |

| |measures have given a much necessary boost to domestic needs but as the tide turns, issues like inflation and|

| |asset bubbles have surfaced, posing new challenges and risks to tackle. This TV debate will explore whether |

| |Asia is ready to stand on its own feet, its ability to adapt successfully to a new growth model less reliant |

| |on the buying power of the West and a closer look at the steps needed to pave the way to a stable economic |

| |landscape for Asia’s future. |

| |Moderator: Martin SOONG, Anchor, CNBC |

| |Panelists: CHEN Zhi Wu, Professor of Finance, Yale School of Management |

| |R. GOPALAKRISHNAN, Executive Director, Tata sons |

| |Yasuyo YAMAZAKI, President, Sun-Based Economy Association |

|16:00 - 17:30 |TV Forum: World Expo 2010 – Better City, Better Life |

| |(ICC, Level 1, Dong Yu Grand Ballroom B) |

| |Shanghai World Expo is less than 20 days away under the them of Better City, Better Life. Can the super-city |

| |model of Shanghai, Tokyo and New York be sustained? How to ease the tension between urbanization and |

| |energy/ecological restraints? How to deal with the challenge of conflicts among diverse cultures? What is the|

| |trend of urban-rural relationship? How will the World Expo help with China’s going global? |

| |Panelists: LONG Yongtu, Secretary General, Boao Forum for Asia |

| |ZHOU Hanmin, Vice Chairman, Executive Committee, Shanghai World Expo |

|18:30 - 19:00 |Press Conference |

| |(ICC, Level 1, Peacock I) |

|19:00 - 20:30 |Closing Dinner |

| |(Sofitel Hotel, River Ranch BBQ Restaurant) |

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