15 Sept 2020 Singapore – Business China partners with Singapore’s IDEA Communication to launch FutureChina Global Forum 2020 from 15 – 17 September 2020 virtually. The partnership connects Business China to Chinese and ASEAN technology companies such as Lightnet and SGInnovate to partake in their first virtual FutureChina Global Forum for 2020.

Esteemed Deputy Prime Minister, Mr Heng Swee Keat, Coordinating Minister for Economic Policies and Minister for Finance will be the Keynote speaker for the Opening Ceremony of the virtual conference.

In the theme of “A Resilient Future: Post-Pandemic Transformation & Opportunities in China and ASEAN”, the forum encompassing virtual panel discussions, virtual exhibitions, exclusive thematic roundtable discussions and virtual networking, will focus on trends and growth opportunities. Enabling participants to gain a clearer understanding of the ever-changing developments and materialising trends. Thus, positioning and preparing regional companies with the ability and knowledge to capture business opportunities in the post Covid-19 pandemic recovery.

The forum will also include a close-door roundtable on 16 September with IMDA, SGInnovate and Huawei where Group CEO and co-founder of Lightnet Group Tridbodi Arunanondchai will share his views and insights on technology innovation and proactive application.

Participants will be able to connect and learn from Senior Minister of State Koh Poh Koon on building economic resilience in times of change with online and digitalisation. Additionally, they will gain the opportunity to be present in conversation with Minister Chan Chun Sing in regards to capturing opportunities innovatively in a more resilient economy.

It is predicted that China’s costal regions will be amongst the first to recover economically post pandemic. Companies need to be positioned and prepared to anticipate this growth and changes in the supply chain and logistics trade flow. The detrimental effects of COVID-19 has not spared the economic and political sectors in China.

The impact of this pandemic has shrunk China’s first-quarter growth by 6.8% and will approximately lower the Chinese real GDP growth rate by 5% in 2020. Yet the post COVID-19 growth is foreseen and Singapore is strategically positioned as ASEAN and China’s international gateway, economic hub and centre of innovation.

With Singapore’s and China’s lasting partnership, Singapore can significantly contribute in further stimulating growth. Participants of the FutureChina Growth Forum will be exposed to insights of the China and ASEAN’s developments in addition to gaining a deeper appreciation to the role Singapore plays. As digitalisation continues to gain momentum, and taking the innovating leading edge in globalisation, it has provided emerging economies, SMEs and individuals the exposure and opportunity to gain an abundance of knowledge, information, data and services.

About Business China Singapore

Launched in November 2007, Business China’s mission is to nurture an inclusive and diverse faction of Singaporeans with the usage of Chinese Language as the instrument of communication. Thus, promoting and motivating the sustainability of our multi-cultural heritage, and to establish a cultural and economic bridge between the world and China.
With the support of the public sector and private enterprises, Business China aims to bolster the ties between Singapore and China by becoming the leading bilingual and bi-cultural medium for a closer collaboration with China. They aim to establish a widespread appreciation and acceptance of Chinese language and culture within the defining multi-ethnic and diverse society of Singapore. Curating a goal to nurture the new generations to come to develop deep rooted links with China, building the ability to engage it in the economic, business, social, cultural and educational forms.

About Lightnet

Lightnet is a Singapore-headquartered fintech company with the purpose of empowering the underbanked populations with an inclusive international remittance ecosystem that increases the efficiency of existing money transfer operators, financial institutions and other cross-border payment providers. Lightnet’s initial focus will be on Southeast Asia remittances, which it estimates to be in excess of USD 150 billion per annum. The company concluded USD 31.2 million Series A round funding led by UOB Venture Management, Seven Bank, Uni-President Asset Holdings, HashKey Capital, Hopeshine Ventures, Signum Capital and Du Capital, and is backed by a Charoen Pokphand Group family member.