May 18, Wednesday
8:25-8:35 OPENING ADDRESS Introduction: Philip N.L. Chen, CEO, Cathay
Pacific Airways Speaker: Bo Xilai, Minister of Commerce, People¡¯s
Republic of China
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GENERAL SESSION OPPORTUNITIES AND CHALLENGES FOR CHINESE
COMPANIES Speakers: James Turley, Global Chairman and CEO, Ernst &
Young Wang Xianzhang, Chairman and President, China Life Insurance Company
Ltd. Zhang Xinshing, Chairman, Shanghai Brilliance Company Limited Zhou
Huan, Chairman, Telecom Technology and Industry Group and President, China
Academy of Telecommunications Technology
Moderator: Clay Chandler, Asia Editor, FORTUNE
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GENERAL SESSION WIRELESS ASIA Phone, e-mail, and text messages are only the
beginning for mobile communication in Asia. Whether it's gaming, banking, or
bill paying, position tracking or appliance control, the services and
infrastructure available in the region are creating a truly wireless society.
How does the market differ from country to country? What are the drivers and
enablers of this wireless world? What companies appear to be the winners and
losers? What will China's imminent adoption of 3G technology mean to the markets
in that country and throughout Asia?
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INTELLECTUAL PROPERTY RIGHTS: MORE TURMOIL OR MUTUAL UNDERSTANDING? Patent,
trademark, and copyright infringement issues have long clouded the global
business horizon, leading some companies to scrap plans for global expansion
rather than put their intellectual property rights in jeopardy. How serious and
widespread is the problem? What steps are Asian countries taking to protect
intellectual property rights? In what areas has there been progress, where does
more need to be done, and what is the likely time frame?
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CONCURRENT SESSIONS (I) Roles and Responsibilities of Multinationals: Social and
Environmental Given the differing responsibilities the world's governments have
assumed and the vast differences among nations' laws, regulations, and degrees
of enforcement, what should the role and responsibilities of a global
corporation be with regard to social and environmental issues?
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CONCURRENT SESSIONS (II) Booming Economies and Commodities One of the
by-products of Asia¡¯s economic boom has been a huge spike in the demand for
commodities. Prices have reached unprecedented levels and show no signs of
moderating. The increased demand and price hikes impact business strategies and
bottom lines and have begun to influence domestic and foreign policies. What are
the likely scenarios going forward?
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CONCURRENT SESSIONS(III) Entrepreneurship Entrepreneurial spirit is a key driver
in the vision and success of local, home-grown companies. How do you develop and
encourage private enterprise in countries and industries where there is heavy
government involvement?
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CONCURRENT SESSIONS(IV)Regional Power Shifts The past decade has been marked by
shifts of economic and geopolitical power throughout Asia. How have changing
economic fortunes impacted regional geopolitics and multinational business
operations?
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CONCURRENT SESSIONS(V) The Outlook for Banking Reform in China A close-up look
at the progress being made on banking reform in China and an assessment of the
numerous challenges remaining.
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GENERAL SESSION WILL ASIA BECOME THE FOCAL POINT OF TECHNOLOGY INNOVATION?
For the past few decades, the U.S. has been the dominant force in technology.
But with globalization and the rise of Asian economies, the center of technology
innovation is beginning to shift. Engineers and programmers are emerging from
Asian schools in record numbers. While they once looked to the U.S. for
opportunity, they are now finding it at home. Multinationals are increasingly
locating R&D and development facilities in the region, and Asian companies
are taking stakes in Western technology companies-or buying them outright.
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SPECIAL ADDRESS Yoriko Koike, Minister of the Environment, Japan
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CONCURRENT SESSIONS (I) A Looming Environmental Crisis? Not everything about the
startling economic growth in Asia-particularly in China and India over the past
two decades-has been positive. Natural resources have been seriously depleted.
Escalating pollution has produced widespread public health problems, mass
migration, economic loss, and burgeoning social unrest. Governments, NGOs, and
multinationals are acknowledging increased awareness of the problem and
proposing solutions.
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CONCURRENT SESSIONS(II) Is the Locus of Medical Research and Innovation Shifting
to Asia? Throughout the last century, most of the action in medical research and
innovation took place in the West, home to the most up-to-date research
facilities and the world's leading scientists, all funded by huge public- and
private-sector investments. In recent years, some Asian countries have taken
steps to attract research facilities and the scientists to lead them. We'll
examine the successes and discuss the opportunities and challenges for the
future.
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CONCURRENT SESSIONS (III) Emerging Trade Relationships In addition to the
numerous trade associations already in existence-with their varying rules and
purposes-far more are being contemplated or lobbied for globally. There are
countless one-to-one free-trade agreements executed or pending. What does all
this activity hold for the future? What would be best regionally? Globally? For
multinationals?
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CONCURRENT SESSIONS (IV) Wanted: Good Management There is no issue more crucial
to China's future-and nothing more bedeviling to foreign and domestic companies
doing business in China-than management. It is the Achilles heel of Chinese
reform. Chinese companies traditionally have followed the top-down model almost
exclusively. To achieve success globally, China needs to advance beyond this
model and multinationals need to find ways to build smooth partnerships within
China. James McGregor, author of One Billion Customers: Lessons from the Front
Lines of Doing Business in China, will lead an examination of these issues
through two prominent case studies: the CICC deal of ten years ago and the
pending IBM/Lenovo merger.
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GENERAL SESSION GLOBAL, REGIONAL, AND LOCAL BRANDING: WHO'S WINNING AND
WHY? A global brand is an invaluable asset, but what is the best way to balance
a global vision with local know-how and nuances? Increasingly, domestic "power
brands" are challenging global market leaders-and their aspirations don't stop
at their own borders. What strategies are being used to create powerful brands
capable of building loyalty among increasingly savvy and sophisticated
audiences? Three expert branders-Sir Martin Sorrell of WPP, Meg Whitman of eBay,
and Masamoto Yashiro of Shinsei Bank-will discuss how companies, both global and
local, are adapting to the ever-changing tastes and diversity of consumers.
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FORUM CLOSING
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