Edward K Y Chen Distinguished Lecture Series 2015
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Edward K Y Chen Distinguished Lecture Series
2015 Lecture – Chinese State-Owned Enterprises Meet the New Normal and Internet-Plus Economy
Date: October 30, 2015 (Friday)
Time: 5:30 pm – 7:15 pm
Venue: Loke Yew Hall, The University of Hong Kong (Map)
Welcoming Remarks by Professor Peter Mathieson
President and Vice-Chancellor, The University of Hong Kong
Introduction of Speakers by Professor Eric Chang
Dean, Chung Hon-Dak Professor in Finance, Chair of Finance
Faculty of Business and Economics, The University of Hong Kong
Mr. Frank Ning
Chairman, COFCO Corporation
Mrs. Laura Cha
Financial Services Development Council
Executive Council of the HKSAR Government
Mr. Peter Wong
Group Managing Director, HSBC Group
Deputy Chairman and Chief Executive,
The Hongkong and Shanghai Banking Corporation Limited
Professor Y C Richard Wong
Chair of Economics,
Philip Wong Kennedy Wong Professor in Political Economy,
The University of Hong Kong
Closing Remarks by Professor Edward K Y Chen
Chinese state-owned enterprises (SOEs) face new challenges following the country’s shift to a new normal of economic development featuring medium-to-high speed growth and emphasising quality, efficiency and innovation.
With economic triumphs heard from their private peers against a backcloth of Beijing’s Internet-Plus strategy – an aim to push the Chinese economy to enter a digital age, calls for a complete overhaul of SOEs have never been as rapid now than before. How can China’s state-owned sector cope with challenges and ride on opportunities that the era of reforms and internet brings?
With their immense assets at over 100 trillion yuan and employing over 30 million people, will further liberalising and internationalising SOEs become a strong driving force of China’s economic growth?
Mr. Frank Ning, Chairman of COFCO Corporation, will share his experience of successfully running SOE giants and his insights into possible strategies SOEs in general could make in response to the changes and opportunities in the Internet-Plus era. Economic and financial heavyweights Mrs. Laura Cha and Mr. Peter Wong will share their views from different perspectives in a panel discussion moderated by Professor Y C Richard Wong that follows.