The rate of modernization and growth in China, as well as other parts of Asia, is so rapid that it's difficult to gain a true perspective on the magnitude of economic and social change. Yet, putting what's happening in Asia into perspective is crucial, because the issues and opportunities created by this progress are having a profound impact on the global business community.
In 1979, Deng Xiaoping identified Xiaokangthe ancient Chinese ideal of a well-off societyas the way to modernize China. He and his successors took steps to raise the population's material wealth to international standards. Progress toward this goal has been nothing short of remarkable. Other countries in Asia are following different roadmaps from China's, but share the underlying goal. Those efforts are changing the way people livetheir lifestyles, mobility, communications, cultureand affecting their outlook for the future. The challenge is in ensuring that this rapid modernization encompasses a sustainable development strategy and balances social, economic, and environmental concerns.
At the FORTUNE Global Forum we will take a candid, in-depth look at the changes in China and Asia and the ramifications for multinational companies.
MONDAY, 16 MAY
REGISTRATION
CONCURRENT ROUNDTABLES
China Sports Roundtable: Rapid Development and Emerging Opportunities
A powerful sports boom is under way in China, with significant implications for companies looking to build their brands with the country's enormous consumer population. The 2008 Beijing Olympics are a major catalyst for change, and rapid development is also occurring in virtually every other sports sector. The traditional pillars of sports marketingincluding mass television viewership, sponsorships, and endorsement dealsare taking shape. This programpresented with FORTUNE's sister publication Sports Illustratedwill bring together the leaders of sports in China with experts from around the globe to discuss these fascinating changes and explore the opportunities they present for multinational companies. Speakers include Liu Peng, China Sports Ministry General Secretary; Paul Tagliabue, Commissioner of the NFL; and Peter Ueberroth, Chairman, U.S. Olympic Committee, and others. Separate registration is required.
Meet the New China: Cultural Changes, Challenges, and Opportunities
Since 1978, China has moved more than 250 million people out of povertyan accomplishment unprecedented in human history. To maintain the forward momentum, 15 million new jobs need to be created every year. During the next decade, more than 400 million people will need to move from the countryside to cities.
Such large-scale change will create previously unimaginable infrastructure demands. It also will both require and create major cultural shifts, which will present new challenges and opportunities. In this full-day roundtable, we'll take an in-depth look at a variety of issuesincluding the evolving role of media, the move to megacities, mobile communications, education, and the emerging affluent class and luxury marketand their implications for multinationals operating in or marketing to China. Featured speakers include Hernando de Soto, Institute for Liberty and Democracy; Huang Hung, China Interactive Media Group; Li Yifei, Viacom Asia; Ermenegildo Zegna, of the Zegna Group; and Zhao Qizheng, Minister, State Council Information Office, and many others. Separate registration is required.
FREE TIME
OPENING RECEPTION
GALA DINNER and KEYNOTE ADDRESS
Introductions:
Eric Pooley, Managing Editor, FORTUNE
Richard D. Parsons, Chairman and CEO, Time Warner Inc.
Keynote Address:
His Excellency Hu Jintao, President of China
TUESDAY, 17 MAY
BREAKFAST
REGISTRATION
WELCOME AND INTRODUCTIONS
SPECIAL ADDRESS
Introduction:
Richard D. Parsons, Chairman and CEO, Time Warner Inc.
Speaker:
Zeng Peiyan, Vice Premier, People's Republic of China
GENERAL SESSION
THE NEW ASIAN CENTURY
Speakers:
Nobuyuki Idei, Chairman and Group CEO, Sony Corp.
John B. Menzer, President and CEO, Wal-Mart International
Henry M. Paulson, Jr., Chairman and CEO, The Goldman Sachs Group, Inc.
Yang Yuanqing, Chairman, Lenovo Group Ltd.
Moderator:
Rik Kirkland, Global Editor, FORTUNE
TECHNOLOGY AND THE NEW ASIAN CENTURY
Speaker:
Jong-Yong Yun, Vice Chairman and CEO, Samsung Electronics Co., Ltd.
GENERAL SESSION
THE AUTO INDUSTRY IN ASIA: AN OPEN ROAD?
Speakers:
Hu Maoyuan, President, Shanghai Automotive Industry Corp. (Group)
Helmut Panke, Chairman of the Board of Management, BMW AG
G. Richard Wagoner, Jr., Chairman and CEO, General Motors Corp.
Moderator:
Alex Taylor III, Senior Editor, Industry, FORTUNE
NETWORKING BREAK
GENERAL SESSION
INDIA: THE OTHER EMERGING POWERHOUSE
Speakers:
Lakshmi Narayanan, CEO and President, Cognizant Technology Solutions Corp.
Nandan M. Nilekani, CEO, President, and Managing Director, Infosys Technologies Ltd.
Michael Patsalos-Fox, Chairman, Americas Region, McKinsey & Company
Prannoy Roy, President and Editor in Chief, New Delhi Television Ltd. (NDTV)
Moderator:
David Kirkpatrick, Senior Editor, Internet and Technology, FORTUNE
GENERAL SESSION
UNDERSTANDING CHINA'S CAPITAL MARKETS
Speakers:
Stuart T. Gulliver, Chief Executive, Corporate, Investment Banking, and Markets, HSBC
Jack R. Rodman, Partner, Ernst & Young
Kevan Watts, Chairman, Merrill Lynch International Inc.
Zhou Xiaochuan, Governor, People's Bank of China
Moderator:
Robert Friedman, International Editor, FORTUNE
NETWORKING LUNCH
Ballroom Lawn
CONCURRENT SESSIONS (I, II, III, IV, and V)
(I) The Falling Dollar's Global Impact
Villa 17 Ballroom
Speakers:
Kenneth S. Courtis, Vice Chairman, Goldman Sachs Asia
Li Jiange, Vice Minister, State Council Development Research Center, People's Republic of China
Stephen S. Roach, Managing Director and Chief Economist, Morgan Stanley
Makoto Utsumi, President and CEO, Japan Credit Rating Agency, Ltd.
Moderator:
Justin Fox, Editor at Large, FORTUNE
(II) Perspectives on Doing Business in Asia: Understanding What Works
Villa 6
Speakers:
Victor L.L. Chu, Chairman and CEO, First Eastern Investment Group
Andrew N. Liveris, President and CEO, The Dow Chemical Company
Antonio M. Perez, President and COO, Eastman Kodak Co.
Moderator:
Thomas D. Gorman, Chairman and Editor in Chief, FORTUNE China
(III) Corporate Governance
Clubhouse
Speakers:
David Eldon, Chairman, HSBC Asia Pacific
Fang Xinghai, Deputy Chief Executive Officer, Shanghai Stock Exchange
Jiang Jianqing, Chairman and President, Industrial and Commercial Bank of China
Peter G. Peterson, Senior Chairman and Co-founder, The Blackstone Group
James S. Turley, Chairman and CEO, Ernst & Young
Moderator:
Geoff Colvin, Senior Editor at Large, FORTUNE
(IV) Creating a Global Workforce
Clubhouse
Speakers:
Diana Farrell, Director, McKinsey Global Institute
Victor K. Fung, Group Chairman, Li & Fung Group
John B. Menzer, President and CEO, Wal-Mart International
Lakshmi Narayanan, CEO and President, Cognizant Technology _Solutions Corp.
William G. Parrett, Chief Executive Officer, Deloitte Touche Tohmatsu
Charles Prince, Chief Executive Officer, Citigroup Inc.
Moderator:
David Kirkpatrick, Senior Editor, Internet and Technology, FORTUNE
(V) CNN Connects: China Rising
Villa 10
Speakers:
Han Sung-Joo, Professor of International Relations, Korea University
Irwin Mark Jacobs, Co-founder, Chairman, and CEO, QUALCOMM Inc.
Luc Vandevelde, President of the Supervisory Board, Carrefour SA
Peggy Yu Yu, Founder and Co-president, www.dangdang.com, (DangDang)
Moderators:
Clay Chandler, Asia Editor, FORTUNE
Jim Clancy, Anchor, CNN
Robert Friedman, International Editor, FORTUNE
SESSION SWITCH BREAK
GENERAL SESSION
ENERGY: FINDING FUEL FOR CONTINUED ECONOMIC GROWTH
Speakers:
Chen Tonghai, Chairman, Sinopec Corp.; President, Sinopec Group
Linda Cook, Executive Director, Gas and Power, Royal Dutch/Shell Group of Companies
Anne Lauvergeon, Chairman of the Executive Board, Areva
Ma Kai, Minister, National Development and Reform Commission, People's Republic of China
William A. McDonough, Chairman, China-U.S. Center for Sustainable Development
Moderator:
Clay Chandler, Asia Editor, FORTUNE
GENERAL SESSION
THE WORLD ECONOMY: WHAT COULD GO WRONG?
Speakers:
Cheng Siwei, Vice Chairman, Standing Committee, National People's Congress of the PRC
Hernando de Soto, Author, The Mystery of Capital
Peter G. Peterson, Senior Chairman and Co-founder, The Blackstone Group
C.K. Prahalad, Harvey C. Fruehauf Professor of Business Administration,
University of Michigan (Ann Arbor) Business School
Stephen S. Roach, Managing Director and Chief Economist, Morgan Stanley
Moderator:
Geoff Colvin, Senior Editor at Large, FORTUNE
AN EVENING WITH CHINA'S LEADERS
HOSTED BY THE BEIJING MUNICIPALITY
Speaker:
Wang Qishan, Mayor, Beijing Municipality
RECEPTION AND DINNER
POST-DINNER RECEPTION
WEDNESDAY, 18 MAY
BREAKFAST
BUSINESS SESSIONS
WELCOME AND INTRODUCTION
Michael Federle, Publisher, FORTUNE
OPENING ADDRESS
Introduction:
Philip N.L. Chen, Chief Executive, Cathay Pacific Airways
Speaker:
Bo Xilai, Minister, Ministry of Commerce, People's Republic of China
GENERAL SESSION
OPPORTUNITIES AND CHALLENGES FOR CHINESE COMPANIES
Speakers:
James S. Turley, Chairman and CEO, Ernst & Young
Wang Xianzhang, Chairman and President, China Life Insurance Company Ltd.
Zhang Xinsheng, Chairman, Shanghai Brilliance Co. Ltd.
Zhou Huan, Chairman, Telecom Technology and Industry Group and President, China Academy of Telecommunications Technology
Moderator:
Clay Chandler, Asia Editor, FORTUNE
GENERAL SESSION
WIRELESS ASIA
Speakers:
James L. Balsillie, Chairman and Co-CEO, Research in Motion Ltd.
Irwin Mark Jacobs, Co-founder, Chairman, and CEO, QUALCOMM Inc.
Edward Suning Tian, Chief Executive Officer, China Netcom Group Corp. (Hong Kong) Ltd.
Wang Xudong, Minister, Ministry of Information Industry, People's Republic of China
Moderator:
Stephanie Mehta, Senior Writer, FORTUNE
GENERAL SESSION
INTELLECTUAL PROPERTY RIGHTS: MORE TURMOIL OR MUTUAL_UNDERSTANDING?
Speakers:
David Chang, Chief Executive Officer, Philips China
David Frazee, Shareholder, Greenberg Taurig, LLP
Dan Glickman, President and CEO, Motion Picture Association of America, Inc.
Jeffrey B. Kindler, Vice Chairman, Pfizer Inc.
Wang Jingchuan, Commissioner, State Intellectual Property Office, People's Republic of China
Moderator:
Robert Friedman, International Editor, FORTUNE
SESSION SWITCH BREAK
CONCURRENT SESSIONS (I, II, III, IV, and V)
(I) Roles and Responsibilities of Multinationals:
Social and Environmental
Clubhouse
Speakers:
Louis C. Camilleri, Chairman and CEO, Altria Group, Inc.
David L. Cunningham, President, Asia Pacific Division, FedEx
John Elkington, Co-founder and Chairman, SustainAbility Ltd.
Jim Harkness, Country Representative, World Wildlife Federation China
Xue Lan, Professor and Executive Associate Dean of School of Public Policy and Management, Tsinghua University
Moderator:
Marc Gunther, Senior Writer, FORTUNE
(II) Booming Economies and Commodities
Villa 6
Speakers:
George Desvaux, Director, Beijing Office, McKinsey & Company
Thomas J. Donohue, President and CEO, U.S. Chamber of Commerce
Xie Qihua, Chairwoman and President, Shanghai Baosteel Group Corp.
Moderator:
Peter Petre, Senior Editor at Large, FORTUNE
(III) Entrepreneurship
Villa 6
Speakers:
Li Dongsheng, Chairman and CEO, TCL Corp.
Jack Ma, Founder, Chairman, and CEO, Alibaba.com
Mary Meeker, Managing Director, Morgan Stanley
Peggy Yu Yu, Founder and Co-president, www.dangdang.com (Dangdang)
Charles Zhang, Founder and CEO, Sohu.com Inc.
Zhang Yue, Chairman and CEO, BROAD Air Conditioning Co. Ltd.
Moderator:
Geoff Colvin, Senior Editor at Large, FORTUNE
(IV) Regional Power Shifts
Villa 17 Ballroom
Speakers:
Timothy E. Feige, President and CEO, The Gibraltar Life Insurance Co.,
Prudential International Insurance
Gabriel Hawawini, Dean, INSEAD
Tadakazu Kimura, Deputy Managing Editor, Asahi Shimbun
Kenneth Lieberthal, Professor of Political Science and William Davidson
Professor of Business Administration, University of Michigan
Philip J. Purcell III, Chairman and CEO, Morgan Stanley
Moderator:
Robert Friedman, International Editor, FORTUNE
(V) The Outlook for Banking Reform in China
Clubhouse
Speakers:
Dominic Barton, Chairman, Asia, McKinsey & Company
Chen Yuan, Governor, China Development Bank
Liu Mingkang, Chairman, China Banking Regulatory Commission
Jack R. Rodman, Partner, Ernst & Young
Moderator:
Clay Chandler, Asia Editor, FORTUNE
SESSION SWITCH BREAK
GENERAL SESSION
WILL ASIA BECOME THE FOCAL POINT OF_TECHNOLOGY INNOVATION?
Speakers:
George F. Colony, Chairman and CEO, Forrester Research, Inc.
Ellen J. Kullman, Group Vice President, Safety & Protection, DuPont
Stan Shih, Co-founder and Chairman Emeritus, Acer Group
Derek Williams, Executive Vice President, Asia Pacific Division, Oracle Corp.
Xu Guanhua, Minister, Ministry of Science and Technology, People's Republic of China
Moderator:
David Kirkpatrick, Senior Editor, Internet and Technology, FORTUNE
ECONOMIC DEVELOPMENT AND GLOBAL ECOLOGICAL CHANGE
Speaker:
Yuriko Koike, Minister of the Environment, Japan
Introduced by:
Michael Elliott, Editor, Time Asia
NETWORKING LUNCH
Ballroom Lawn
CONCURRENT SESSIONS (I, II, III, and IV)
(I) A Looming Environmental Crisis?
Clubhouse
Speakers:
Jorgen M. Clausen, President and CEO, Danfoss A/S
Jurgen Dormann, Chairman, ABB
Elizabeth C. Economy, C.V. Starr Senior Fellow and Director of Asia Studies, Council on Foreign Relations
William A. McDonough, Chairman, China-U.S. Center for Sustainable Development
Pan Yue, Vice Minister, State Environmental Protection Administration, People's Republic of China
Moderator:
Marc Gunther, Senior Writer, FORTUNE
(II) Is the Locus of Scientific and Medical Research and Innovation
Shifting to Asia?
Clubhouse
Speakers:
Cheng Jing, Founder and CEO, CapitalBio Corp.
William A. Haseltine, Chairman and CEO, Haseltine Associates, Ltd.
Edison Liu, M.D., Executive Director, Genome Institute of Singapore
Jörg Reinhardt, Head, Pharma Development, Novartis Pharma AG
Zhang Simin, Chairman, Shenzhen Neptunus Group Holdings Co., Ltd.
Moderator:
David Stipp, Senior Writer, Boston, FORTUNE
(III) Emerging Trade Relationships
Villa 6
Speakers:
Han Sung-Joo, Professor of International Relations, Korea University
Michael Johnson MP, Federal Member for Ryan, Parliament of Australia
Kenneth Lieberthal, Professor of Political Science and William Davidson
Professor of Business Administration, University of Michigan
Moderator:
Michael Elliott, Editor, Time Asia
(IV) Wanted: Good Management
Villa 17 Ballroom
Speakers:
Elaine La Roche, Chairman, Linktone
Frances K. O'Sullivan, Senior Vice President and COO, Lenovo International
John Zhuang Yang, U.S. Dean, Beijing International MBA Program,_Peking University
Moderator:
James McGregor, Author, One Billion Customers: Lessons from the Front Lines of Doing Business in China
SESSION SWITCH BREAK
GENERAL SESSION
GLOBAL, REGIONAL, AND LOCAL BRANDING:
WHO'S WINNING AND WHY?
Speakers:
Sir Martin Sorrell, Group Chief Executive, WPP
Meg Whitman, President and CEO, eBay Inc.
Yang Mianmian, Co-founder and President, Haier Group
Masamoto Yashiro, Chairman and CEO, Shinsei Bank, Ltd.
Moderator:
Rik Kirkland, Global Editor, FORTUNE
FORUM CLOSING