7:00 AM–8:00 AM GOING GLOBAL STRATEGIES: CROSS-BORDER MERGERS, PARTNERSHIPS, AND ORGANIC GROWTH
Finding success in the global marketplace can be daunting, especially for companies in the early stages of considering whether to convert their business from domestic to international. Once the decision is made, there are numerous avenues—from licensing and ecommerce to direct investment, joint ventures, and mergers—to consider in the pursuit of international expansion and growth. How can companies continue to think globally but act locally in the markets they are trying to reach? In this session, we’ll hear from business leaders on the challenges and opportunities for any company looking to tap into new markets.
Hosted by Midea
Yousef Al-Benyan, Vice Chairman and CEO, SABIC
Paul Fang, Chairman and CEO, Midea
Erik Fyrwald, Chief Executive Officer, Syngenta International
Ken Hu, Deputy Chairman and Rotating CEO, Huawei Technologies
Denise Morrison, President and CEO, Campbell Soup Company
Moderator: Geoff Colvin, Fortune
8:30 AM–9:30 AM CONCURRENT SESSIONS
CHOOSE ONE OF FOUR
Made In China: Innovation Showcase
From starting new trends in mobility and health care to integrating new technologies into appliances and entertainment, products are not just "made in China" anymore but are designed and incubated in China as well. A hotbed of new and emerging companies in China—complimented by a growing middle class eager to get their hands on what's "new" and what's "next"—has propelled the country into the front seat of global innovation. Entrepreneurs from Chinese companies at the forefront of this dynamic shift—all finalists in the Fortune China Innovation Award Competition—will join us to share insights into what this country's entrepreneurship could bring the world in the next few years.
George Yip, Professor of Marketing and Strategy, Imperial College Business School
Fortune China Innovation Award Competition Finalists (To be announced)
Moderator: Clay Chandler, Executive Editor, International, Time Inc. and Co-chair, Fortune Global Forum
China's Sharing Economy
The sharing economy is reshaping the global business landscape and influencing the daily life of billions. China is at the epicenter of this transformation, with more than half the population involved as either a provider or a consumer. We'll hear from leaders of some of the most influential Chinese businesses that are using "sharing" methods to reinvent what is possible in a cashless business ecosystem.
Kelvin Chen Chi, Co-founder and CEO, Xiaozhu.com
Li Zheng, Global Rotating President and CFO, Zenmen Group and LinkSure
Sha Sha, Senior Partner, McKinsey & Company
Pan Shiyi, Co-founder and Chairman, SOHO China
Davis Wang, Co-founder and CEO, Mobike
Zhang Xuhao, Co-founder and CEO, Ele.me
Moderator: Eunice Yoon, China Bureau Chief and Senior Correspondent, CNBC
One Belt One Road: Reshaping Global Trade
China's One Belt One Road strategy promises to boost international trade, bridge a global infrastructure gap, and stimulate massive economic growth across Asia and beyond. Once complete, the road will connect more than 65 countries (across Europe, Asia, and Africa), accounting for half the world's population and a third of global GDP. How will the initiative shore up business investment and commerce along the Belt? What benefits are countries already seeing from this project and what new innovations could emerge as a result of this connected road? We’ll take a closer look at the plans for One Belt and Road and how it could transform global business and trade.
James Cameron, Managing Director; Co-head, Infrastructure and Real Estate Group, Asia Pacific, HSBC
Arthur Kroeber, Head of Research, Gavekal; Editor, China Economic Quarterly
Li Dongsheng, Chairman and CEO, TCL Corporation
Jan Rinnert, Chairman, Heraeus
Yan Hao, Chairman, China Pacific Construction Group
Tan Sri Francis Yeoh, Managing Director, YTL Group of Companies
Zang Jianjun, Executive Director, CEFC China Energy Company
Moderator: Nina Easton, Fortune
Artificial Intelligence and the Future of Business
Every industry, from manufacturing and health care to banking and transportation, is being disrupted by artificial intelligence technology. As chat bots, robo advisers, and robotic surgeons spill onto the scene, what skills will future bankers or doctors need to stay relevant? How can business leaders incorporate AI into their future strategies?
Nigel Duffy, Global Innovation Artificial Intelligence Leader, EY
Liu Qingfeng, Chairman, IFLYTEK
Steve Milligan, CEO, Western Digital
Jean-Christophe Pointeau, Country Chair, Sanofi China
Lihong Qin, Co-founder and President, NIO
Moderator: Adam Lashinsky, Fortune
9:30 AM–9:45 AM SWITCH BREAK
9:45 AM–11:00 AM MORNING PLENARY SESSIONS
FORTUNE GLOBAL 1: THE WORLD’S BIGGEST COMPANY LOOKS AHEAD
GLOBAL TRADE: SEIZING NEW OPPORTUNITIES
11:00 AM–11:30 AM SWITCH BREAK
11:30 AM–12:30 PM SPECIAL SESSIONS
CHOOSE ONE OF FOUR
FUTURE CITIES: FORUM ON GOVERNANCE AND INNOVATION
By 2050, it is projected that 66% of the world's population will live in cities. Around the world, municipal governments are harnessing new technologies to accommodate booming populations and improve the quality of life for urban dwellers. With the help of big data and increased connectivity, cities are undergoing unprecedented transformation. Innovation in governance has become key to building "smart" cities and solving problems brought on by rapid urbanization, including land and environmental degradation. This special Forum brings together global mayors to discuss solutions for urban development and share how smarter cities can spur economic growth and innovation.
Hosted by The City of Guangzhou
Wen Guohui, Mayor of Guangzhou,
Alain Galliano, Vice President, Métropole de Lyon
William Kingi, Deputy Governor, Mombasa, Kenya
Marvin Rees, Mayor of Bristol, UK
Soichiro Takashima, Mayor of Fukuoka, Japan
Moderator: Tian Wei, Host, World Insight, CGTN
THE FUTURE OF GLOBAL FINANCE
Global financial services must adjust to meet the demands of a rapidly changing marketplace. A surge in digitization and technological innovation is giving way to new platforms and more agile and accessible consumer services. Blockchain technology is emerging, peer-to-peer lending is on the rise, and artificial intelligence and machine learning are driving increased efficiencies and new capabilities for financial institutions. How can the global financial system evolve to meet the needs of the underserved while addressing other critical needs? How will the acceleration of technology, shifting customer preferences, and an evolving regulatory landscape impact the design and delivery of financial services?
Hosted by Yuexiu Financial Holdings
Zhang Zhaoxing, Chairman, Yuexiu Financial Holdings
Hans-Paul Bürkner, Chairman, The Boston Consulting Group
Stuart Gulliver, Group Chief Executive, HSBC
Eric Jing, Chief Executive Officer, Ant Financial Services Group
Justin Yifu Lin, Dean, National School of Development, Peking University; Former Chief Economist, World Bank
Ngozi Okonjo-Iweala, Chair, Gavi, the Vaccine Alliance; Finance Minister of Nigeria (2003–06 and 2011–16); Managing Director, World Bank (2007–11)
Moderator: Geoff Colvin, Senior Editor at Large, Fortune
THE FUTURE OF MOBILITY
Digitization, automation, and new business models have revolutionized the business of transporting people and goods inside China and about in the world. Other factors in this revolution include the urgent imperative to make cities more livable, with lower congestion and cleaner air, the enormous potential for autonomous cars and trucks, innovative approaches to subway systems and buses, and rising consumer interest in car sharing and bike sharing. A new ground transportation ecosystem is emerging. We’ll explore the significant implications of these changes for the way people live and work, as well as the business disruptions and opportunities that are emerging.
Hosted by Guangzhou Automobile Group
Zeng Qinghong, Chairman, Guangzhou Automobile Group
Chen Yudong, President, Bosch (China)
Michael Dunne, President, Dunne Automotive
Yasuhide Mizuno, Chief Operating Officer, China, Honda Motor Co.
Moderator: Chen Weihong, Host, Dialogue, CCTV
THE FUTURE OF HEALTH CARE
The convergence of innovations across sectors—from digital connectivity to big data to artificial intelligence and biotech—is revolutionizing medicine. Will China, with the world's fastest-growing health care market, emerge as the epicenter of this transformation? Chinese and Western companies are developing cutting-edge health technologies in cities such as Guangzhou aimed at helping doctors prevent, detect, and treat chronic diseases. We’ll look at the innovations most likely to transform global health care and wellness, with a special eye on technologies propelling China into new frontiers.
Hosted by Guangzhou Pharmaceutical Holdings, Ltd.
Li Chuyuan, Chairman, Guangzhou Pharmaceutical Holdings, Ltd.
Joe Almeida, Chairman and CEO, Baxter International
Li Yinuo, Director, China Program, Bill & Melinda Gates Foundation
Stefan Oschmann, Chairman and CEO, Merck
Stefano Pessina, Executive Vice Chairman and CEO, Walgreens Boots Alliance
Frans van Houten, Chairman and CEO, Royal Philips
Moderator: Clifton Leaf, Fortune
12:30 PM–12:45 PM SWITCH BREAK
12:45 PM–2:15 PM INFORMAL LUNCH
2:15 PM–2:30 PM SWITCH BREAK
2:30 PM–5:00 PM GUANGZHOU BUSINESS TOURS (OPTIONAL)
Visit leading-edge business operations that are leveraging the power of Guangzhou's advanced infrastructure, creativity, and innovation hubs.
Departure point: Shangri-La Hotel Lobby
Tour 1: Automobile Manufacturing
Delegates will visit the headquarters of Guangzhou Automobile Group Co. (GAC Group). Operating under joint ventures, GAC is a production partner with several foreign car companies, including Fiat, Honda, Isuzu, Mitsubishi, and Toyota, and also produces its own "Trumpchi" brand of passenger vehicles. GAC is the first state-owned automobile group in China listed on both the Hong Kong and Shanghai Stock Exchanges. The company currently has its sights set on the U.S. market, where it hopes to become the first Chinese carmaker to begin selling to American consumers. Delegates will visit the company's exhibition center, general assembly, and manufacturing workshops.
Tour 2: VR Technology
Tour includes stops at Creativity Avenue and Guangzhou NINED Digital Technology Co. Covering an area of 30,000 square meters, Creativity Avenue is a national science park and games and animation industry hub. NINED is one of China’s leading virtual reality technology companies, boasting an in-house R&D center, content studio, and hardware production base. Delegates will be introduced to NINED's most innovative products, including the 9DVR (an egg-shaped VR simulator) and PLATOON, a multiplayer interactive VR game.
2:30 PM–3:00 PM CHINA'S ECONOMIC OUTLOOK
In nearly four decades, China has shifted from a centrally planned to a market-based economy that is the second-largest in the world. Over the next five years, this nation alone will import US $8 trillion worth of goods, attract $600 billion of foreign investment, make $750 billion in outbound investment, and send Chinese tourists on 700 million overseas visits. With long-term growth and sustainability in mind, China is now making a critical shift from an investment-driven model to an economic structure boosted by consumer spending. From creating trade initiatives and economic zones to lifting millions from poverty and driving innovation, China's actions have the potential to shape the course of global business for years to come. Leading global and Chinese experts share important outcomes from the recent convening of the 19th National Congress and what they mean for business leaders looking to grow and capitalize on China's new demographics.
3:00 PM–3:15 PM CENTURIES OF INNOVATION
A holder of more than 600 U.S. patents and one of the world's most prolific living inventors shares his perspective on the history of innovation, with a special look at Chinese artifacts from his personally curated Library of the History of Human Imagination.
3:15 PM–3:50 PM THE FUTURE OF GLOBAL INNOVATION
With historically unprecedented speed, a new innovation revolution is building upon the digital era with exponential advances in science and technology. Industries are being transformed by breakthroughs in biotechnology, artificial intelligence, drones, robotics, the Internet of things, autonomous vehicles, nanotechnology, 3D printing, and on and on. In the innovation revolution, technologies are merging and converging across sectors–dramatically accelerating the speed and impact of change. China has formed its own path in this new revolution—as a purveyor of innovative technology that eclipses its "me-too" past and looks to the future. In advance of the Fortune Innovation Awards presentation, global business leaders share their views on the most transformative technologies on the horizon—and where they are placing their own big bets.
3:50 PM–4:00 PM FORTUNE CHINA INNOVATION AWARDS PRESENTATION
Finalists in the Fortune China Innovation Award competition will be recognized, followed by the announcement of the inaugural Fortune China Innovator of the Year award.
4:00 PM–4:30 PM SWITCH BREAK
4:15 PM–5:30 PM FREE TRADE ZONES: OPPORTUNITIES AND IMPACT (OPTIONAL)
In an effort to promote a more open economy and accelerate reforms, China established pilot Free Trade Zones (FTZs) that provide lower thresholds for setting up new companies, have fewer restrictions on capital flows, and offer more market access to foreign investors. Today, there are a total of 11 FTZs in China, 7 of which were announced earlier this year. As the world's second-largest economy looks to increase its share in the global trading market, how will these FTZs improve cross-border trade and foster new innovation? What are the challenges and opportunities for CEOs looking to do business in these zones and what reforms are needed to increase the flow of investment?
Hosted by the City of Guangzhou
Li Shanmin, Vice President and Dean, Institute for Free Trade Zone Research, Sun Yat-sen University
Jon Moeller, Vice Chairman and CFO, Procter & Gamble
Stefan Oschmann, Chairman and CEO, Merck
Helen Wong, Group General Manager; Chief Executive, Greater China, HSBC
Xu Lirong, Chairman and Party Secretary, China COSCO Shipping Corp.
Zhang Xiaoquiang, Executive Vice Chairman and CEO, China Center for International Economic Exchanges
Moderator: Deborah Lehr, CEO and Founding Partner, Basilinna
4:30 PM–5:30 PM CONCURRENT SESSIONS
CHOOSE ONE OF FIVE
CEO Leadership: Building Winning Companies CEO Leadership: Building Winning Companies What will a great 21st-century company look like and what will it take to lead one? How can executives drive innovation, create winning corporate cultures, and navigate all the changes that come with a fast-paced consumer and tech-driven world? CEOs will share personal stories and insights on how to lead successful companies in an era of unprecedented disruption.
Zhang Ruimin, Founder, Chairman, and CEO, Haier Group
Zhang Xin, Chief Executive Officer, SOHO China
Additional speaker to be announced
Interviewer: Alan Murray, Fortune and Time Inc.
Global Fintech Outlook
Fintech is revolutionizing the financial services space and disrupting traditional banking as we know it. As China emerges as a world leader in fintech, how will businesses, big and small, evolve? What promises could the future of fintech hold and how can it be used as a force for economic globalization?
Joe Ngai, Managing Partner, Greater China, McKinsey & Company
Paul Smith, President and CEO, CFA Institute
Ning Tang, Founder, Chairman, and CEO, CreditEase
Jing Ulrich, Managing Director; Vice Chairman, Asia Pacific, JPMorgan Chase
Shirley Yu-Tsui, Group Country Manager, Greater China, Visa Shirley Yu-Tsui, Group Country Manager, Greater China, Visa
Zhang Ying, Vice President, Tencent; General Manager, WeChat Pay
Moderator: Geoff Colvin, Fortune
China's New Consumer Class
By 2022, China's middle-class population is projected to exceed 550 million people, whose needs and preferences will have a powerful global influence. The demographics are also changing: more than 400 million millennials have emerged as a driving force in consumer spending, while the country's aging population—expected to double over the next two decades—will generate new product and services demands. And just last year, Chinese travelers spent more than US $260 billion on trips abroad, a new record for outbound tourism. How can companies looking to expand into China capitalize on these new trends?
Hosted by China Southern Airlines
Mark Hoplamazian, President and CEO, Hyatt Hotels
Li Tongbin, Executive Vice President, China Southern Airlines
Rashid Qureshi, Chairman and CEO, Nestle China
Stéphane Rinderknech, CEO, L'Oréal China
Victor Yuan Yue, Chairman, Dataway Horizon
Moderator: Eunice Yoon, CNBC
Global Risks: A Roadmap for Business in a Changing Economy
What risks are lurking on the global horizon, failing to draw our full attention but capable of inflicting great disruption and damage? This session will focus on understanding potential perils—from food crises to pandemics and from climate catastrophes to human migration—that aren't top-of-mind in most boardrooms, but could enable CEOs to better navigate changing economic conditions and markets.
Pankaj Ghemawat, Anselmo Rubiralta Professor of Global Strategy, IESE Business School
John Haley, Chief Executive Officer, Willis Towers Watson
Jim McIlvennny, President, Dow Asia Pacific
Xiang Bing, Dean, Cheung Kong Graduate School of Business
Moderator: Clifton Leaf, Fortune
As the world population grows, businesses are increasing investments in sustainable energy innovation. By 2035, China is expected to account for 28% of the world's primary energy consumption. To meet the growing demand, the government has unveiled ambitious plans to spend US $360 billion on renewable power sources by 2020 and to generate one-fifth of its energy from renewable sources by 2030. How will China's commitment to renewable energy influence the rest of the world? What impact will it have on businesses, quality of life, and human health? What are global companies doing to accelerate innovation in sustainable energy and to unlock more affordable energy?
Maarten Bijl, CEO, SHV Energy China
Jérôme Pécresse, President and CEO, GE Renewable Energy
Yinbiao Shu, Chairman, State Grid Corporation of China
Jonathan Woetzel, Senior Partner, McKinsey & Company; Director, McKinsey Global Institute
Wu Guodi, Chairman, China International Energy Group
Moderator: Brian O'Keefe, Deputy Editor, Fortune
5:30 PM–6:00 PM BREAK
6:00 PM DEPARTURE FOR CANTON TOWER
6:30 PM–8:30 PM RECEPTION, DINNER AND ENTERTAINMENT
Hosted by The City of Guangzhou
Location: Canton Tower
8:30 PM–8:45 PM TRANSFER TO CRUISE SHIPS
8:45 PM–9:45 PM PEARL RIVER CRUISE NIGHTCAP
British blogger calls Huangpu's bio-island a blend of innovation, nature, culture
Tanzanian businessman expands business in Guangzhou
Xi holds an informal meeting with Macron in Guangzhou
Guangzhou's intl community deepens bonds
Foreign officials praise Guangzhou's water purification system
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