What does strategy ‘China Manufacturing 2025’ contain specifically? What is China doing to take the lead in the era of the “Fourth Industrial Revolution”?
China, which rapidly has grown based on its powerful labor power and conquered the world as ‘Made in China’, is now pursuing a strategy to lead the smart-manufacturing industry in the transition era. This is called ‘Manufacturing 2025’ policy. Chinese government is spurring investment to focus on the next 10 major industries including information technology and aerospace equipment, ahead of the 4th industrial revolution. China has been transforming itself into ‘Created in China’ from ‘Made in China’, the manufacturing strategy based on low wage labor power in the past.
Chinese companies are emerging as “First Mover” while leading the fourth industry with Chinese new policy. Industry leaders such as BAT (Baidu, Alibaba, Tencent), JD.com(e-commerce company), Didi Chuxing(ride-sharing company), DJI(Drone company) have been born in China. Also Chinese universities are stepping up with the department of advanced information and communication technology (ICT) such as Big Data and Internet of Things (IoT) to foster entrepreneurs with technical skills. In fact, Beijing Zhongguancun and Cosmetic Bay, as known as the Chinese version of Silicon Valley, are already crowded with young entrepreneurs.
So, what is the area that China has evolved from ‘followers’ to ‘mover’? How is the future business start-up boom activated? What should ‘follower’ companies learn from Chinese successful entrepreneur models? How did the ‘Made in China’ rule the global manufacturing industry, and can grow into a luxury manufacturing industry now?
You may be able to find the answer at the ‘|Korea-China Young Leaders Association| China Manufacturing 2025: Followers to First Mover’ session on the ‘Focus on China’ track of the 8th Asian Leadership Conference 2017. Professor Li Haitao, Assistant Dean of the CKGSB MBA Program, who is invited to attend this session, will hold a panel discussion with Peking University professor Dongmin Chen, Co CEO of Great Wall Club Haoi Yi and Zhen Hao, founder and CEO of KCA Capital Partners.
First held in 2005, the Asian Leadership Conference is Korea’s premier international conference and is hosted by the Chosun Ilbo. The objective of the conference is to bring global leaders and minds together and discuss issues that affect people in Asia, providing a sense of direction to those who are directly involved in managing these issues. Global leaders and experts of various industries shared their insights on innovative solutions corresponding for countering threats in different sectors of our society.
As a knowledge partner of Asian Leadership Conference, CKGSB participates in the conference for five consecutive years, since 2013. CKGSB’s prominent faculty, alumni and students had attended the conference to deliver inspiring speech in front of large audiences who want to get in-depth insight about latest business trends in China and global market.
This year, world great leaders including former President of the United States Barack Obama, former Prime Minister of the United Kingdom David Cameron, former Prime Minister of Japan Fukuda Yasuo, former Prime Minister of Finland Esko Aho and Group CEO of AirAsia Berhad Tony Fernandes will share their opinions and insights under the theme ‘New leadership in the Era of Hyper- Uncertainty: Towards Cooperation and Prosperity’.
Date & Time: July 3. 16:10~17:20 (Korea Time)
Venue: Meeting room #5 in Walkerhill Hotel
Session Title: |Korea-China Young Leaders Association| Made in China 2025: From Follower to First Mover in Track ‘Focus on China’
Speakers and Panelists:
Dean’s Distinguished Chair Professor of Finance,
Associate Dean for the MBA Program
Dr Li Haitao is the Dean’s Distinguished Chair Professor of Finance and Associate Dean for the MBA Program at CKGSB. Previously, he was the Jack D. Sparks Whirlpool Corporation Research Professor in the Finance Department of the Stephen M. Ross School of Business at the University of Michigan. He also served on the faculty of the Johnson Graduate School of Management at Cornell University. Dr Li serves on the editorial boards of Management Science (the Department of Finance) and the International Review of Finance. Dr Li holds a PhD in Finance from Yale University.
Dean, School of Innovation and Entrepreneurship of Peking University
Prof. Dongmin Chen is Chinese National 1000-talent scholar and a Chair Professor in Peking University Big Data Institute. He was a former Sr. Rowland Fellow at Harvard University for 15 years and a serial entrepreneur and co-founder of two Silicon Valley companies.
CO-CEO of Great Wall Club
Mr. Hao Yi is the Co-Chief Executive Officer (CEO) of Great Wall Club (GWC), an online platform that focuses on connecting innovators within the mobile network industry. The Great Wall Club is most known as the host of the Global Mobile Internet Conference (GMIC), an annual technology conference that holds the record of more than 35,000 attendees and more than 700 speakers in the 2016 Beijing conference. Headquartered in California, the Great Wall Club holds offices in Beijing and Tokyo.
Founder and CEO of KCA Capital Partners
Mr. Jenhao HAN is the CEO of KCA Capital Partners (“KCA”), a growth equity investment firm focusing on value creation through cross border market expansion. KCA is sponsored by China International Capital Corporation (“CICC”) which has extensive business and government relationships to facilitate market expansion in China and South East Asia.
Jeremy A. Huff
Managing Director and Chief Operating Officer at Morgan Stanley, China
Prior to joining Morgan Stanley, Mr. Huff was Vice President, Branded Attractions of NBA China where he was responsible for developing the NBA’s branded attractions business throughout mainland China, Hong Kong, Macau and Taiwan. He also served as Associate Counsel of NBA China providing legal, regulatory, structuring and tactical advice with respect to general corporate affairs and strategic initiatives. Prior to joining NBA China, Mr. Huff worked as an Associate in the New York and Beijing offices of Skadden, Arps, Slate, Meagher & Flom LLP. Mr. Huff holds a Bachelor of Arts degree from Duke University and a Juris Doctor from Harvard Law School.
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