Focus. The conference will provide an opportunity to discuss China’s and India’s growth successes among policymakers, practitioners, and academics. It will focus on areas that are viewed as key to sustaining high quality growth over the medium term. It will include a discussion of development paths, financial sector reforms, ways to cope with bouts of global financial instability, inclusiveness, and taxation.
Isher Judge Ahluwalia, Chairperson, Board of Governors, ICRIER
Du Jinfu, Deputy Governor, People’s Bank of China (PBC)
B. K. Chaturvedi, Deputy Leader of Indian delegation on the India-China Strategic Economic Dialogue and Member, Planning Commission, India.
|9:30-11:00||SESSION 1 – The Unfinished Agenda of Financial Sector Reforms|
|Financial sectors have evolved rapidly over the past several years in China and India, and is an area for continued reforms in both countries. However, challenges remain, especially in broadening and deepening access to formal financial system. Further, in light of the financial crisis, increasing attention needs to be paid to systemic risks and interconnectedness of markets. The panel will discuss the following key questions:
Moderator: Y. V. Reddy, former Governor, Reserve Bank of India (RBI)
|11:15-12:45||SESSION 2 – Development Paths|
|Both China and India have witnessed rapid growth. However, they have taken different routes. While China has followed a more traditional manufacturing led growth strategy, India’s growth has been driven by the services sector. While these growth strategies have served these economies well, there may be a need to refocus and reprioritize these strategies. The session will focus on the following key questions:
Moderator: – Bai Chong-En, Mansfield Freeman Chair Professor and Associate Dean, School of Economics and Management, Tsinghua University
|12:45-13:00||Remarks: Arvind Virmani, Executive Director for India, IMF[Download Presentation]|
– Venue: The Claridges
|14:15-15:45||SESSION 3- Ensuring that the Benefits of Growth are Shared Broadly|
|Higher growth has been seen as the only way out of poverty and income inequality in the emerging economies. Experience shows, however, that higher growth does not automatically translate into lower inequality and substantial progress on social indicators. The panel will discuss the following key questions:
Moderator: Jehangir Pocha, Co-promoter, INX News Pvt. Ltd.
|16:00-17:30||SESSION 4 – Securing Fiscal Resources for Development Expenditures|
|Going forward, raising fiscal resources efficiently will be important for sustaining and furthering growth. Tax reforms in India have yielded results; however, there is still ample scope for simplifying and unifying the tax structure, and for improving the efficiency of tax collection. The panel will discuss the following key questions:
Chair/Moderator: Parthasarathi Shome, Director & Chief Executive, ICRIER [Download Presentation]
Venue: Magnolia Hall, Habitat Center
|9:00-10:30||SESSION 5 – Coping with Global Financial Instability|
|Both, China and India, have become more integrated globally over time. Preventing economic disruptions and sustaining growth in the face of growing uncertainties in the US and the EU is going to be a key challenge for these countries. The panel will discuss the following key questions:
Chair/Moderator: Yanqing Yang, Deputy Editor-in-Chief, China Business News
|10:45-11:45||Round Table Discussion: Ensuring Strong Growth in the Post-Crisis Global Economy|
|Moderator: – Vikram Chandra, Chief Executive Officer, New Delhi Television Limited (NDTV)
– Anand Sharma, Hon’ble Minister of Commerce, Industry and Textiles, India
– Zhou Qiren, Dean, National School of Development, Peking University
– Chanda Kochhar, Managing Director and Chief Executive Officer, The Industrial Credit and Investment Corporation of India Ltd. (ICICI)
– Christine Lagarde, Managing Director, IMF
– Bai Chong-En, Mansfield Freeman Chair Professor and Associate Dean, School of Economics and Management, Tsinghua University.
– Venue: The Claridges
Place : New Delhi By invitation only
Place : New Delhi By invitation only"