International Association of Financial Executives Institutes has, since its inception, provided a platform that builds and improves mutual understanding internationally among financial executives through the exchange of financial information, experience, and ideas. It not only provides a basis for international cooperation among financial executives toward making financial systems and regulations more compatible worldwide, but, more importantly, it promotes ethical considerations in the practice of financial management throughout the world.

China Association of Chief Financial Officers aims to host a conference that will meet its own aspirations and those specific to IAFEI. In addition, as the local organizer, it will utilize the opportunity to promote dialogues between Chinese financial executives and international peers, so that they can have a better understanding of the world financial environment, standards, opportunities, and risks. It also would like to provide opportunities to international financial groups to have a clear perspective on China’s financial realities. We will offer insights into China’s progressing policy of opening up as well as future economic trends, opportunities and risks. All these will be very beneficial to the financial executives in equipping themselves with the ability to provide sophisticated business insights and to take leadership in today’s changing business environment. With special emphasis on the development of ethics, this congress will improve the international financial standards in transparency and fairness.

World Economic Conditions –Identifying world economic situations and trends –China’s economic situation, opening policy and FDI policyThe CFO’s role in a changing world –Transforming today's CFO into a crafty financial guardian and strategic leader in light of the global changing economic environment –Nurturing the ability to provide sophisticated business insights Corporate strategy and financial strategy during the recovery –Corporate global strategy and sustainability –Mergers and acquisitions and capital operation in Chinese market –International mergers and acquisitions and global capital operationFinancial strategy and management –Deciding on in-house or outsourced financial services –Financial innovation and IT information Preventing the Worst and Hoping for the Best –Corporate Governance and Financial Compliance –Financial Efficiency and Risk Management

THE SUMMIT OVERVIEW

KEY TOPICS

PROGRAM (DRAFT)

08:00 – 19:00 Pre-event Registration09:00 – 12:00 IAFEI Executive Committee Meeting12:00 – 13:00 Lunch13:00 – 16:00 IAFEI Board Meeting17:30 – 19:30 Welcome Cocktail Speakers: Liu Changkun, President, CACFO Hiroshi Yaguchi, Chairman, IAFEI Official, Beijing Municipal Government Representatives, EU Chamber of Commerce in China/ China American Chamber of Commerce

08:00 – 09:00 Participants’ Registration09:00 – 10:00 Opening Ceremony Chairperson: Dong Feng, Executive Deputy President, CACFO Speakers: Liu Changkun, President, CACFO Hiroshi Yaguchi, Chairman, IAFEI Official, Ministry of Finance, China Official, State-Owned Assets Supervision and Administration Commission of the State Council (SASAC), China10:00 – 11:00 World Economy and China Economy –Development & Perspective Speaker: Best-Known Economist of China Speaker: International Guest (TBD)11:00 – 11:20 Coffee Break11:20 – 12:20 Keynote Speech Moderator: TBD Keynote Speech I: Going Global: How to build a global company Speaker: Wei Jiafu,President, China Ocean Shipping Group (COSCO) Keynote Speech II: Sustainable Development and Corporate Strategy Speaker: CEO, Best known Private Enterprise in China

DAY ONE, FRIDAY, SEPTEMBER 16th, 2011

DAY TWO, SATURDAY, SEPTEMBER 17th, 2011

Keynote Speech III: New business models and innovative management Speaker: CFO, IBM / Representative, big 4 audit firm12:20 – 14:00 Sponsored Lunch14:00 – 17:40 Session114:00 – 15:40 Panel Discussion 1A: CFO’s role in building value and leadership Moderator: TBD Panelists: VP & CFO, China Telecom Group CFO, China Aerospace Science and Technology Corporation VP & CFO, China South Industries Group Corporation CFO, Siemens, China CFO, Accenture, China15:40 – 16:00 Coffee Break16:00 – 17:40 Panel Discussion 1B: Corporate governance, internal control and risk management of listed companies Moderator: TBD Panelists: CFO, China Securities Regulatory Commission CFO, China Huaneng Group VP & CFO, Anshan Iron and Steel Group Corporation Wang Zhile, Director, Beijing New Century Academy on Transnational Corporations Representatives, Multinational Companies14:00 – 17:40 Session 214:00 – 15:40 Panel Discussion 2A: Low carbon economy, corporate and financial strategy Moderator: TBD Panelists: Official, Ministry of Commerce, China Official, China National Development and Reform Commission CFO, China National Petroleum Corporation (Petro China) VP & CFO, China National Nuclear Corporation CFO, GE /GM / JP Morgan Director, Fiscal Science Research Institute, Ministry of Finance, China Director, Institute of Finance, Chinese Academy of Social and Science 15:40 – 16:00 Coffee Break16:00 – 17:40 Panel Discussion 2B: Financial Management Optimization Moderator: TBD Panelists: VP & CFO, China Aviation Industry Corporation CFO, China Petrochemical Corporation (SINOPEC) CFO, Ministry of Railways, China CFO, HSBC / Standard Chartered Bank 17:40 – 18:30 Cocktail 18:30 – 10:00 Gala Dinner

DAY THREE, SUNDAY, SEPTEMBER 18th, 2011

09:00 – 10:30 Keynote Speech Chairperson: VP & CFO, China Telecom Group09:00 – 09:30 Keynote Speech IV: Opportunities and challenges of a low carbon economy Speaker: Long Yongtu, Former Secretary General of Boao Forum for Asia (Or Keynote Speech: China's future economy and the world economy Speaker: Li Yining, Honorary President, Guanghua School of Management, Peking University)09:30 – 10:00 Keynote Speech V: M & A financial strategy and risk prevention (Or Financial environment and corporate financing strategies) Speaker: TBD10:00 – 10:30 Keynote VI: Cross-border investment and foreign asset management Speaker: International guest10:30 – 10:50 Coffee Break10:50 – 12:20 Keynote Speech Chairman: Wang Guangfa, President, Beijing FaZheng Group10:50 – 11:20 Keynote Speech VII: Case Studies of Capital Operation Speaker: Zhao Linghuan, Hongyi / Ma Xuezheng, TPG 11:20 – 11:50 Keynote Speech VIII: Financial decision making Speaker: international guest11:50 – 12:20 Keynote Speech IX: Innovative financing tools Speaker: CFO, China Construction Bank/CFO, Agricultural Bank of China12:20 – 13:30 Lunch13:30 – 15:30 CFO Roundtable: Capital Market Analysis and Outlook Moderator: TBD Panelists: VP, China Investment Co., Ltd. CFO, Ping An Group Chen Hong, Hina Group Representative, Carlyle Group Representatives, Chinese Small& Medium Sized Enterprises Representatives, Singapore Stock Exchange / NASDAQ15:30 – 15:45 Closing remarks Presentation of Next World Congress (TBD) Speakers: Hiroshi Yaguchi, Chairman, IAFEI Liu Changkun, Chairman, Congress Organizing Committee

OPTIONAL TOURS & EXTENSIONS PROGRAM

1. Tour During Conference

September 16: Temple of Heaven, Tian'an Men Square and the Forbidden CitySeptember 17: The Badaling Great Wall and the Cloisonne FactorySeptember 18: Hutong tour with rickshaw and tea ceremony

2. Post Conference Tour

September 19-22: Beijing-Xi’an-Beijing (4 days 3 nights)

September 19-23: Beijing- Hangzhou-Shanghai (5 days 4 nights)

September19-23: Beijing- Guilin-Yangshuo-Beijing (5 days 4 nights)

THE ORGANIZERS

The International Association of Financial Executives Institutes - IAFEI - is a private, non-profit, and non-political association. Founded in 1969, IAFEI now has 18 Member Institutes, with a total estimated membership of 20,000 financial executives. IAFEI holds its annual congress in a different country each year, with that country’s national financial executive institute hosting the event. IAFEI is recognized and respected in the international disciplines of accounting and finance, as well as in the sphere of government. In 2011, the China Association of Chief Financial Officers, CACFO, will host the 41st congress in Beijing.

China Association of Chief Financial Officers (CACFO), a non-profit, first-class non-governmental national organization across regions, sectors, industries and ownerships, is registered and founded in accordance with laws upon the verification and approval of Ministry of Finance and the authorization of Ministry of Civil Affairs. Key and large state-owned enterprises, large-scale private enterprises and administrative institutions which set the position of chief accountants comprise the main body of CACFO unit members. Individual members of CACFO are chief accountants, CFOs, financial directors and heads of financial departments. Founded in 1990, CACFO has set up 18 branches covering nearly all industries and admitted regional CFO associations as its group members.

Delegated by CACFO, Beijing New Century Academy on Transnational Corporations, NATC, as the co-organizer, adds veteran experience in organizing influential international conferences. Together with its research competencies in strategy, management and the responsibilities of multinational corporations, NATC adds intellectual support and expands the network that can be utilized.