Schedule

Schedule

 

All conference events will take place at the UCLA Anderson School of Management. The following schedule is subject to change.

2016  Wilbur K. Woo Greater China Business Conference

11:30 am - 1:00 pm

REGISTRATION & CHECK-IN | Korn Convocation Hall Foyer, Entrepreneurs Hall  

11:30 am - 12:45 pm

CAREER PANEL DISCUSSION WITH PAST CONFERENCE DIRECTORS | Executive Dining Room, Gold Hall

1:00 - 1:20 pm

WELCOME REMARKS | Korn Convocation Hall

Judy D. Olian | Dean and John E. Anderson Chair in Management, UCLA Anderson 
Michael K. Woo | Son of Wilbur K. Woo; Dean, College of Environmental Design, Cal Poly Pomona
Pin Tai | President and Director, Cathay Bank

1:20 - 1:40 pm

KEYNOTE ADDRESS | Korn Convocation Hall

Fiona Ma | Chairwoman, California State Board of Equalization 

1:40 - 2:15 pm

CHINA: A MACRO OVERVIEW & A BUSINESS PERSPECTIVE | Korn Convocation Hall

Elizabeth Harrington | U.S. Publisher at Large, Hurun Report
Yi-Chin Ho | Litigation Partner, Latham & Watkins LLP  
William Yu | Economist, UCLA Anderson Forecast 

2:15 - 3:00 pm

PLENARY SESSION I | Korn Convocation Hall

MEDIA AND ENTERTAINMENT : Deepening Ties Between the U.S. and China and Connecting the Two Markets

Steve Hendry (’97) | Managing Director, Tang Media Partners 
Marlin Prager (’03) | Chief Financial Officer, Legendary
Xiaoyong Wu | Chief Executive Officer, Phoenix Satellite Television (U.S.) Inc.

MODERATOR:    Joe Calabrese  | Chair, Media & Entertainment Practice, Latham & Watkins LLP

Description: Over the last couple of years, there has been significant growth in U.S.-China cross-border investment and collaboration in the media and entertainment industry. Dalian Wanda’s recent acquisition of Legendary Entertainment is the largest China-Hollywood deal and the latest sign of the deepening ties between Hollywood and the world’s most populous country. U.S. companies are exploring strategies to take advantage of the growing potential among Chinese consumers and are seeking a local presence. Chinese companies have ambition and interest in global exposure and are seeking opportunities for investment and impact in the U.S. Both markets are benefiting from increased collaboration in creative development, technological innovation and cultural exchange. Panelists will share their experience in understanding current developments in the U.S.-China cross-border media and entertainment industry, as well as highlight their observations and predictions on future areas of innovation and collaboration, growth opportunities and challenges ahead.

3:00 - 3:15 pm

BREAK & REFRESHMENTS |  Briskin Plaza 

3:15 - 4:00 pm

CONCURRENT PANEL DISCUSSIONS

INNOVATION: Embracing Innovation to Shape the Path Forward | Korn Convocation Hall

Jeff Moran | Vice President - Finance, International Vitamin Corporation (IVC)
Brendan Riley| Vice President, Fleet Sales, BYD Motors, Inc.
Xianhui Xu | Executive Director, Commercial Aircraft Corporation of China (COMAC) USA Office

MODERATOR:    Christopher S. Tang | Distinguished Professor; Edward W. Carter Chair in Business Administration, UCLA Anderson

Description: Mass entrepreneurship and innovation in science, technology, research and development will be key to global and domestic economic growth in the United States and China. Chinese Premier Li Keqiang stressed the role of innovation in China’s 13th Five-Year Plan (2016-2020), calling for further efforts to foster new growth sources and upgrade traditional ones. The new growth concept highlights innovation, opening up, inclusiveness and coordinated and green development to increase innovation’s contribution to economic expansion – based on global and domestic economic conditions that balance growth and restructuring. Increased cooperation and greater collaboration between China and the United States, long the world’s most innovative economy, will be critical to harness innovation, develop emerging technologies and establish new ventures, business models and growth strategies that will shape our world. Panelists will share their experiences driving innovation and change by developing new strategies, technologies, products and business models and share their successes and lessons learned from cross-border collaborations.

FOOD & AGRICULTURE: The Importance of Collaboration in the U.S.-China Agricultural Industry and Food Supply and Sourcing Business | D-301

Steve Chen | Owner and Chief Executive Officer, YIHE Corporation
Tony Cummins 
| Partner, Bamboo Ventures  
James Liu | Founder, SeabuckWonders, Inc.  
Chris Wheeler | Managing Director and Co-Founder, LOHAS Farms LLC and Optimal Nutrition LLC 

MODERATOR:    Jerry Nickelsburg | Adjunct Professor of Economics, UCLA Anderson; Senior Economist, UCLA Anderson Forecast

Description: Over the past decade, U.S. agricultural exports to China have risen sharply, propelling China as the fastest-growing and highest-value export destination for U.S. farm and food products. U.S. exports to China have traditionally been dominated by land-intensive bulk commodities that China then processes for domestic consumption or export. However, an increasingly urban population, a growing middle class, and higher disposable incomes have increased Chinese consumers' ability to diversify their diets, creating new opportunities for the U.S within the consumer-oriented products sector. Chinese consumers recognize the United States as a supplier of high-quality agricultural and food products that are both trusted and desired. However the tremendous expansion of U.S. agricultural trade with China has not come without challenges. Chinese policies promote agricultural self-sufficiency and protect domestic industries and the country's lack of regulatory transparency, inconsistent product review and approval processes, and unpredictable import quotas create uncertainty for U.S. exporters. Provided the U.S.-China trade partnership remains strong, U.S. agricultural producers are well positioned to capitalize on China's economic development and consumer demand into the foreseeable future. Panelists will share their views on the growing demand and trade volume between China and the U.S., and explore China’s investments in the U.S. as food safety and satisfying growing domestic demand become increasingly important. They will also address the challenges in the sector and what strategies are necessary to further enhance the needed collaboration for a mutually beneficial trade partnership.

MERGERS & ACQUISITIONS: The Importance of Cross-Border M&A – Opportunities for China and the United States | C-315

Lisa Chen | Managing Director, Aon China Business Group N.A.  
Seamus Jiang | Director, China/US Cross-Border Deals, PwC 
Cavan Yang | Managing Director, Mergers & Acquisitions, BofA Merrill Lynch   

MODERATOR:    Allen Wang  | Partner; Latham & Watkins LLP

Description: Chinese companies have evolved as an important driver of global deal making in the past decade. China is transitioning from a big buyer in extractive sectors to a more mature player across a full spectrum of industries. Over the last couple of years, overseas mergers and acquisitions by Chinese companies have been the highlight of the global M&A market and are poised to increase. The country’s push to increase overseas investments has driven Chinese outbound acquisitions and investment activities that are seeking to grow technologies, brands and know-how to bring back to the China markets.  According to the Rhodium Group, Chinese deal flow in the U.S. is now almost entirely driven by sectors and players that did not play any role just two years ago. Real estate and hospitality continues to be the biggest draw. Technology and financial services also attracted Chinese capital, partially driven by growing venture capital and private equity activity. Important shifts have been witnessed in the mix of sectors and investors, and policy developments that are shaping China-U.S. direct investment flows. Panelists will address China’s foreign investment patterns and strategies as well a national security risks and benefits for the U.S. They will discuss how the U.S. and China can both benefit from such investment and balance risk and return on both sides. Panelists will compare Chinese investment patterns in the U.S. with those of other U.S. investors and discuss the possible impact of recent market turbulence on future M&A activity as well as predictions on future Chinese deal making in the United States.

4:15 - 5:00 pm

CONCURRENT PANEL DISCUSSIONS

TECHNOLOGY: The Increasing Global Impact of Chinese Technology Companies: Trends, Strategies and Challenges | Korn Convocation Hall

Feng An | Founder and Executive Director, Innovation Center for Energy and Transportation and U.S.-China Cleantech Center  
Jack Chen | Founder and Chief Executive Officer, Cognitive Leap Solutions, Inc.; Founder and Chairman, Transworld Capital Group 
Adam Zheng | Co-Founder and Chief Operation Officer, ObEN.com  

MODERATOR:    Ming Zhu | Senior Associate, Latham & Watkins LLP

Description: Technology is reshaping our lives at an unprecedented speed. Ten years ago, email, instant message, search engines and social network sites took us into a brand new virtual world. Progress in technology has led to Uber, Airbnb, and more and more O2O companies and ideas that are changing lives on a global scale. Fast-growing technology companies in China have impacted lives of millions with their home-grown innovations. China is no longer a follower. Today, many world leading innovations are coming from China. One can chat with friends through the WeChat app, make retail purchases through JD.com, transact with consumers and businesses through Alibaba’s e-commerce platforms and bank through Webank, China’s first online-only bank. Different strategies have been designed and implemented by Chinese companies to enhance their competitiveness in the U.S., including investment in marketing, collaboration with local companies and direct acquisitions. Panelists will share their experiences and vision on the globalization process of Chinese technology firms and insights on how innovations are cultivated in China. They will discuss the importance of collaboration as well as the challenges that need to be addressed as progress in technology continues to reshape lives in China and the U.S.

HEALTHCARE: Growth Strategies and New Opportunities for Collaboration in the Healthcare Sector | C-315

Kylie Canaday | Senior Manager of Global Strategy, ResMed  
Jian Irish ('02) | Vice President of Strategic Supply, Sourcing & Partnerships, Sanofi 
Yingru Li | Founder and Chief Executive Officer, Reproductive Sciences Medical Center  

MODERATOR:    David Lee | Partner, Corporate Department, Latham & Watkins LLP

Description: While China’s economy has started to slow down, its healthcare sector continues to develop at an astonishing pace and a deluge of capital has been pouring into the sector. According to McKinsey, spending is projected to grow to $1 trillion in 2020. While the Affordable Care Act is transforming the healthcare landscape in the U.S., China recently announced a new five-year road-map for reform of its healthcare sector which is both a social and strategic priority for China. From pharmaceuticals to medical products to consumer health, China remains among the world’s most attractive markets, and by far the fastest-growing of all the large emerging ones. Improvements in infrastructure, the broadening of insurance coverage, and significant support for innovation—will have positive implications for multinational companies. Pharmaceutical companies, hospitals and medical equipment manufacturers continue to draw attention. Driven by demand for expanded and improved healthcare services, M&A activity has risen. Pharmaceutical and medical device companies are seeking global growth and expansion opportunities and the ability to leverage best practices. Panelists will discuss the growth strategies of the sector and the areas that offer the greatest opportunities for collaboration and partnership which will be crucial for cross-border success. They will also discuss the challenges and risks encountered in connecting healthcare across the pacific.

PRIVATE WEALTH MANAGEMENT: The Evolution of China’s Private Wealth Market – Developing Effective Investment Strategies for HNWIs and Opportunities for the United States| D-301

Jon Allen | Sales Vice President, Trumark Financial 
Joseph Lee | Senior Vice President, Director of Sales, Cathay Wealth Management  
Tony Yu |CEO and General Counsel, DSG Business, Tax, & Wealth Planning, Inc.  

MODERATOR:    Rex Hong | Senior Vice President, Manager of China Business Development Department, Cathay Bank

Description: China is now home to one million high-net-worth individuals (HNWIs) - twice as many as in 2010. The HNWI population is expanding throughout China and is becoming one of the most important wealth management markets in the world. According to a recent survey by Bain & Co. 1, this market should reach RMB 129 trillion in 2015. Nearly 40% of HNWIs and almost 60% of ultra-HNWIs indicated that they have overseas investments. With the slowdown of China’s economy and stock market volatility at home, Chinese HNWIs are increasingly seeking overseas investment alternatives. Chinese private banks remain the first choice for HNWI onshore wealth management requirements however as China’s private wealth market grows and changes, U.S. wealth management institutions need to adjust their service models to adapt to shifting customer needs and preferences. Many are investing heavily to expand their overseas service platforms and capabilities in order to capture the growing market for overseas investments.  Panelists will share their insights on the growth trajectory of China’s HNWI population and private wealth market, how priorities are changing and predict the future of HNWIs’ investment strategies. They will discuss how the Chinese invest outside of the capital markets and how they are adjusting their investment strategies based on economic transition and domestic reforms. They will also discuss opportunities for U.S. wealth management institutions to serve the growing Chinese HNWI market as they look for diverse cross-border opportunities.

5:15 - 6:00 pm

PLENARY SESSION II | Korn Convocation Hall   

REAL ESTATE: Drivers, Challenges and Strategies of Surging Chinese Investment in U.S. Real Estate Markets

Jack Liao | Chief Operating Officer, Shimao Property Holdings Limited
Chang M. Liu | Senior Vice President, Deputy Chief Lending Officer, Cathay Bank  
Christopher Rising | President and Chief Operating Officer, Rising Realty Partners
Jenny Zhan | Executive Vice President and Chief Accounting Officer, Interstate Hotels & Resorts

MODERATOR:    Kevin Ehrhart | Partner, Latham & Watkins LLP

Description: Over the past few years, major U.S. cities have witnessed a significant flood of Chinese capital into the residential, retail and commercial real estate markets from Chinese high net worth individuals, developers and large institutional investors. Chinese money is reshaping real estate markets as companies and individuals snap up commercial and residential properties. In 2015, Chinese families represented for the first time the largest group of overseas home buyers in the United States. The real estate deals follow a broader exodus of money from China to countries and companies around the world. With increasing uncertainty in China’s own domestic economy and financial markets, Chinese investors are seeking alternative overseas investments for capital diversification and risk mitigation. The strength of the U.S. real estate markets has attracted large-scale investment however compared to other overseas investment options, the U.S. real estate market is relatively unfamiliar to Chinese investors. Panelists will review different models and strategies and examine success stories of various investment and development initiatives. They will discuss some of the challenges that are influenced by the global economic environment, local regulations, labor unions, legal, management and tax considerations and share their insights on the future of Chinese capital inflows into both the U.S. residential, retail and commercial real estate sectors.

6:00 - 8:00 pm

NETWORKING RECEPTION | Executive Dining Room, Gold Hall 

2016 Wilbur K. Woo Greater China Business Conference