2021 Wilbur K. Woo Greater China Business Conference

A Technology-Driven Transformation of Society, Enterprises and Consumers

 

April 12-16, 2021
5:00 - 7:30 p.m.
Pacific Time

April 13-17, 2021
8:00 - 10:30 a.m.
China Standard Time

A Virtual Conference


Opening Keynote Address and Discussion with
Kai-Fu Lee


Chairman and CEO, Sinovation Ventures; President, Sinovation Ventures Artificial Intelligence Institute and AI Expert

A notable technology-driven transformation is occurring in the Greater China region. Leapfrog innovation is evident in many areas including artificial intelligence, payments and high speed, 5G mobile networks. Steady advances in AI, robotics and internet services are disrupting traditional industries and enabling new business models. Technology-based transformations in sectors such as healthcare, education, and transportation are helping address societal issues too. The ability to understand Greater China’s unique environment and context is an essential element of “contextual leadership” — understanding the uniqueness of Greater China but also understanding innovation practices of interest for the rest of the world.

  • Is the Greater China region eclipsing the U.S. with commercial technology-based innovation?
  • What are the promising areas of innovation and where will the next technology-based value creation occur in the Greater China?
  • Are Greater China’s “successes” replicable in other countries?
  • Can areas of common challenges in impact-driven sectors such as education and healthcare drive cooperation and shared learning?
  • What are the key enablers and elements required to advance technology commercially and what do leaders need to understand to succeed in this complex, ever-shifting landscape?

The 2021 Wilbur K. Woo Greater China Business Conference brought together leading executives, innovators, influencers and investors from a variety of impact-driven sectors for a series of conversations to address these questions. Experts shared their thoughts and perspectives on how technology is driving the transformation of society, enterprises, and consumers around the world with a focus on Greater China and the U.S. and the contextual leadership that is imperative in the evolving global economic landscape.

Relive the Highlights of 2021

 

What To Expect

 
  • Distinguished and influential business and thought leaders across a variety of industries and impact-driven sectors with expertise in technology-driven innovations in Greater China and beyond;

  • An overview and discussion on the general technology landscape in Greater China and the U.S. and a comparative look;

  • Key insights and observations on the current state of technology-driven transformation in Greater China; discussions around the most promising areas of tech-based innovation; deep dives into impact-driven sectors and key verticals; and a forward looking perspective on new advancements;

  • An interactive format allowing for thought-provoking discussions, coupled with opportunities to network and connect via audience interactive tools and a social lounge.

Featured Speakers

 

Agenda Information

 

Day One

Monday, April 12, 5:00 – 7:50 p.m. Pacific Daylight Time (PDT) /
Tuesday, April 13, 8:00 – 10:50 a.m. China Standard Time (CST)

A MACRO VIEW

5:00 – 5:20 p.m. PDT /
8:00 – 8:20 a.m. CST

WELCOME AND OPENING REMARKS

Antonio Bernardo | Dean and John E. Anderson Chair in Management, UCLA Anderson

Michael Woo | Son of Wilbur K. Woo and Dean Emeritus, College of Environmental Design, California State Polytechnic University, Pomona

Terry Kramer | Adjunct Professor and Faculty Director, Easton Technology Management Center, UCLA Anderson

5:20 – 6:40 p.m. PDT /
8:20 – 9:40 a.m. CST

KEYNOTE ADDRESS AND MODERATED CONVERSATION: TECHNOLOGY-DRIVEN TRANSFORMATIONS, INNOVATION AND THE ROLE OF AI

Kai-Fu Lee | Chairman and CEO, Sinovation Ventures; President, Sinovation Ventures Artificial Intelligence Institute and AI Expert

MODERATOR: Terry Kramer | Adjunct Professor and Faculty Director, Easton Technology Management Center, UCLA Anderson

Description: A notable technology-driven transformation is occurring in the Greater China region. Leapfrog innovation is evident in many areas including artificial intelligence, payments and high speed, 5G mobile networks. Steady advances in AI, robotics and internet services are disrupting traditional industries and enabling new business models. Technology-based transformations in sectors such as healthcare, education, and transportation are helping address societal issues too. Kai-Fu Lee, Chairman and CEO, Sinovation Ventures, AI expert and one of the most prominent figures in the Chinese internet sector will share his unique view of the current state of technology-driven transformation in Greater China, the most promising areas of tech-based innovation and a forward-looking perspective on new advancements to understand how and where transformations will occur and the impact they will have globally. This discussion is also featured as part of the Centers@Anderson new series on Innovation: Strategies for Success.

6:45 – 7:45 p.m. PDT /
9:45 – 10:45 a.m. CST

FROM “THE WORLD’S FACTORY” TO A LEADER IN TECHNOLOGY-DRIVEN INNOVATION: KEY ENABLERS AND ELEMENTS OF GREATER CHINA’S UNIQUE ENVIRONMENT

Joe Rocha | Vice General Manager, Kaiping IBL and Governor, AmCham South China

Jeongmin Seong | Partner, McKinsey Global Institute

MODERATOR:  Christine Loh | Visiting Professor, UCLA Anderson and Former Deputy Minister for the Environment, Hong Kong SAR Government

Description: A decade ago, people would not have anticipated that China would be home to over 25% of the world’s unicorns. From the world’s manufacturing center to the emerging technology leader, the Greater China region has undergone a tremendous technology -driven transformation. This transformation has not only reshaped the global landscape of technology development but will be a significant future driver of technology-based innovation and value creation going forward across many impact-driven sectors, such as education and healthcare. How did Greater China get to where it is today? Jeongmin Seong, Shanghai-based partner at McKinsey Global Institute and Guangdong-based Joe Rocha, governor of AmCham South China will share their insights and observations on the region’s unique context and address the key enablers that have helped contribute to its rapid growth in technology-driven innovations. The conversation will be moderated by Christine Loh, visiting professor and former deputy minister for the environment, Hong Kong SAR government.

7:45 – 7:50 p.m. PDT /
10:45 – 10:50 a.m. CST

WRAP UP AND CLOSING REMARKS

Day Two

Tuesday, April 13, 5:00 – 7:15 p.m. Pacific Daylight Time (PDT) /
Wednesday, April 14, 8:00 – 10:15 a.m. China Standard Time (CST)

INNOVATIONS IN INTERNET SERVICES

5:00 – 5:05 p.m. PDT /
8:00 – 8:05 a.m. CST

INTRODUCTION AND OVERVIEW

5:05 – 6:05 p.m. PDT /
8:05 – 9:05 a.m. CST

TRANSFORMING EDUCATION USING AI

Derek Li | Founder and Chief Education Technology Scientist, Squirrel AI Learning

MODERATOR:  Cindy Fan | Vice Provost for International Studies and Global Engagement and Professor of Geography, UCLA

Description: As the Greater China region embarks on a grand experiment in artificial intelligence (AI) education, how will the way students learn be redefined and reshaped? What are the key learnings thus far from this experiment in terms of technology adoption and application at scale and what are the future opportunities, challenges and implications? Derek Li, founder and chief education technology scientist at Squirrel AI Learning, the first AI-powered adaptive learning company in China, will take a closer look at how technology innovation is disrupting traditional ways of teaching and learning. He will address the key enablers for the region's AI education boom and the impact of the pandemic on driving greater acceptance and opportunities to provide a high-quality personalized education to students at an affordable price through AI. He will also share his thoughts on whether these offerings could garner notable adoption in other markets, such as the U.S. and Europe. The conversation will be moderated by Cindy Fan, professor and vice provost for international studies and global engagement at UCLA.

6:10 – 7:10 p.m. PDT /
9:10 – 10:10 a.m. CST

HOW THE GREATER CHINA REGION IS DRIVING INNOVATION OF INTERNET SERVICES GLOBALLY

Elinor Leung | Head of Asia Telecom and Internet Research, CLSA

MODERATOR:  Terry Kramer | Adjunct Professor and Faculty Director, Easton Technology Management Center, UCLA Anderson

Description: Leapfrog innovation is evident in many areas in the Greater China region including AI, payments, high speed and 5G mobile networks. Steady advances in AI, robotics and internet services are disrupting traditional industries and enabling new business models. Elinor Leung, head of Asia Telecom and Internet Research at CLSA, will share her views on the region’s most promising areas of innovation and future growth post COVID and where she sees the greatest concerns and market improvement opportunities to be geographically, products/services and sector wise. She will address the unique attributes of consumers in the region, how they differ from consumers in other markets and how this might impact commercial opportunities. She will also share her longer-term view on the types of “winners” in Internet services in terms of larger players versus small ventures and any notable trends coming out of COVID-19 for both the region and the world. The conversation will be moderated by Terry Kramer, adjunct professor and faculty director of the Easton Technology Management Center.

7:10 – 7:15 p.m. PDT /
10:10 – 10:15 a.m. CST

WRAP UP AND CLOSING REMARKS

Day Three

Thursday, April 15, 5:00 – 7:15 p.m. Pacific Daylight Time (PDT) /
Friday, April 16, 8:00 – 10:15 a.m. China Standard Time (CST)

INNOVATIONS IN HIGH-TECH MANUFACTURING

5:00 – 5:05 p.m. PDT /
8:00 – 8:05 a.m. CST

INTRODUCTION AND OVERVIEW

5:05 – 6:05 p.m. PDT /
8:05 – 9:05 a.m. CST

PROMISING AREAS OF INNOVATION – FOXCONN’S TRANSFORMATION

Jacob Chen | Vice Chairman, Hon Hai/Foxconn Technology Group and Founding President, Foxconn University

MODERATOR:  James Yuann | Adjunct Professor, MIT Sloan – Fudan School of Management and Former President of Honeywell Specialty Materials Asia Pacific

Description: Jacob Chen, vice chairman of Hon Hai/FoxConn Technology Group will share his unique perspective on the most promising areas of innovation and growth opportunity in high-technology-based manufacturing. He will discuss Foxconn’s amazing transformation from the world's largest provider of electronics manufacturing services to its evolution and future direction in areas such as AI, robotics and autonomous vehicles. He will address the increasing role of data and AI in the company’s business and how this creates new business models and opportunities for new offerings and monetization. He will also share his thoughts on how companies are navigating the current phase of U.S.-China relations and a rethinking of the dynamic global supply chain as well as the impact of COVID-19 and where he views the greatest challenges and market improvement opportunities will be. The conversation will be moderated by James Yuann, adjunct professor, MIT Sloan-Fudan School of Management.

6:10 – 7:10 p.m. PDT /
9:10 – 10:10 a.m. CST

TECHNOLOGY-BASED TRANSFORMATIONS OF HEALTH CARE

Jason Wang | Director, Global Marketing, Mindray Bio-Medical Electronics Co. Ltd.

David Yin | Group Vice President, Mindray Bio-Medical Electronics Co. Ltd.

MODERATOR:  Ryan Tan (’19) | Chief Operating Officer, D’Crypt Pte. Ltd.

Description: Headquartered in Shenzhen, Mindray is a leading developer, manufacturer and marketer of medical devices with an increasing global presence and commitment to sharing medical technologies with the world. Jason Wang, director of global marketing and David Yin, group vice president will address the latest areas of technology-based innovations at Mindray, the trends and developments in the medical equipment sector and the uniqueness of the Chinese market as well as the unique origin of Mindray in China. They will examine how hardware and data are coming together to create new solutions and the type of impact these innovations are having on health care itself. They will also identify areas of future innovation that are most promising at Mindray to expand its already diversified portfolio for different clinical settings and enhance diagnostic confidence and advanced imaging technology and share their vision for the future of medical care. The conversation will be moderated by Ryan Tan, chief operating officer, D’Crypt Pte. Ltd.

7:10 – 7:15 p.m. PDT /
10:10 – 10:15 a.m. CST

WRAP UP AND CLOSING REMARKS

Day Four

Friday, April 16, 5:00 – 7:45 p.m. Pacific Daylight Time (PDT) /
Saturday, April 17, 8:00 – 10:45 a.m. China Standard Time (CST)

INNOVATIONS IN FINTECH & INVESTMENT IN TECH SECTORS

5:00 – 5:05 p.m. PDT /
8:00 – 8:05 a.m. CST

INTRODUCTION AND OVERVIEW

5:05 – 6:15 p.m. PDT /
8:05 – 9:15 a.m. CST

FINTECH DISRUPTIONS: TRANSFORMATIONAL LENDING, IMPROVED ACCESS AND ECONOMIC GROWTH ACROSS SOCIETY

Renu Bhatia | Co-Founder, Fintech Angels and Chairman and Co-Founder, Opharmic Technology

Anthony Bizos | Head of Challenger Banking Economics, HSBC

Florian Speigl | CEO, Hunter Technology Corp. and Co-Founder, FinFabrik

MODERATOR:  Robert Koepp | Founder, Geoeconomix; Visiting Professor, UCLA Anderson

Description: As FinTech rapidly evolves in the Greater China region, possibly faster than in developed nations, disruptions are occurring across many sectors from lending to wealth management to blockchain to digital banking. How are local institutions, such as governments, banks and intermediaries responding to the rapid rise and adoption rate of new financial technologies? What changes is FinTech having on society in terms of lowering costs, improving accessibility and creating macro-economic growth in the region? Panelists will address the rise of FinTech in the region, the areas of innovation they find most promising and the unique attributes of consumers in the region and how this influences commercial opportunities. They will also examine the types of “winners” they see in FinTech, including large players versus small ventures and local companies versus foreign players and analyze the role of the FinTech entrepreneurs and how established players can defend themselves against this disruption. The conversation will be moderated by Rob Koepp, founder of Geoeconomix and visiting professor, UCLA Anderson.

6:20 – 7:30 p.m. PDT /
9:20 – 10:30 a.m. CST

THE INVESTMENT LANDSCAPE AND MOST PROMISING TECH SECTORS FOR INVESTMENT

Fritz Demopoulos (’97) | Founder, Queen’s Road Capital

Gang "Danny" Qin (’11) | Partner, Yuanzhan Capital Management

Sam Sun (’07) | Managing Partner, Affinity Equity Partners

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

Description: After years of rapid growth, cross-border investment between the United States and China is experiencing a setback as tensions mount between the two countries. Following earlier deep-dive discussions into the three key sectors of FinTech, internet services and high-tech manufacturing, investor panelists will address where investment is happening in these sectors and the areas they find most promising in terms of specific innovation, target markets, availability of capital as well as important areas of future growth. Panelists will provide insights on the cross-border investment landscape and the effects of U.S.–China tensions. They will also discuss new investment strategies and partnership and the future outlook for the venture capital, private equity and M&A. The discussion will be moderated by Chris Tang, distinguished professor and Edward W. Carter Chair in Business Administration at UCLA Anderson.

7:30 – 7:45 p.m. PDT /
10:30 – 10:45 a.m. CST

CONFERENCE TAKEAWAYS AND CLOSING REMARKS

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Supporting Organizations:
CGCC