Following the Second Belt and Road Summit Held in Hong Kong in September, the Commercial Factoring Expertise Committee of CATIS (CFEC), Guangdong Factors Association (GDFA), Shenzhen Factors Association (SZFA) and Supply Chain Finance Committee (CAFIEC) had jointly organized a conference on 3 November 2017 at the Hong Kong Convention and Exhibition Centre with the theme ‘Supply Chain Finance facilitates Belt and Road’. The conference was fully supported by the Hong Kong Trade Development Council (HKTDC), the Ministry of Commerce of the PRC and China International Center for Economic and Technical Exchanges. The guests and attendees were mainly from commercial factoring, trade finance and supply chain finance industries across Hong Kong, China and Singapore, including Mr Han Jiaping, Director of CAFIEC and Mr Lee Kheng Leong, Asia Chapter Director of Factors Chain International (FCI).
In the conference, the guest speakers had shared their insights of the recent supply chain finance and factoring trends in China, and highlighted the potential found in the Belt and Road development. Mr Jackey Chu, Managing Director of Bibby Financial Services (Asia) was invited by CFEC as one of the guest speakers to share his views on the opportunities and challenges of Factoring through the development of Belt and Road. After the presentation, he joined the panel discussion with other guests to talk about ‘How Supply Chain Finance facilitates the development of Belt and Road’ which echoes the theme of the conference.
This half-day conference has brought connections among the elites in the supply chain and factoring industries and their synergy together. Bibby Asia is glad to be part of it and we look forward to more opportunities like this to exchange experiences and grow the businesses together.