February 29, 2008

LOS ANGELES - UCLA Anderson School of Management hosted its second annual Wilbur K. Woo Greater China Business Conference on February 29, titled, "Engine for Growth: the China/California Connection." The conference brought together a unique mix of business leaders, professionals, academics and top MBA students to explore new opportunities emerging from Greater China's explosive economic activity and increasingly global entrepreneurial vision.

"China has become a dynamic hub of growth in many sectors of the global economy," says Michael Woo, Los Angeles’ first Chinese American city councilman and son of conference founder Wilbur K. Woo. "This conference provides a lens for participants to clearly see the remarkable opportunities to build businesses and relationships in the burgeoning China market."

Opening the conference was Clarence Kwan, national managing partner of the Chinese Services Group of Deloitte LLP, who explored ways that China is emerging as a "game changer" in the global economy, and the implications for U.S. companies. Moderated panel discussions followed, featuring industry experts from both California and China discussing emerging opportunities in the investment, entertainment, and real estate sectors. An afternoon CEO exchange program, featuring Megatoys Co-founder Charles Woo and Trinity International Industries, LLC Founder Iris Lin, provided a platform for frank discourse on the business trends and challenges facing companies in this global environment.  The conference closed with a panel discussion highlighting business career opportunities for students and professionals with China-and-California-based firms.

"Global growth is the $64 million question that both large and small companies have been grappling with," says Judy D. Olian, dean of UCLA Anderson School of Management. "So, it was terrific that this year's Woo Conference presented such provocative and insightful discussions about various operations in global markets and supply chains." Olian continues to explore cooperative ventures with Chinese educational institutions and was recently appointed to the International Advisory Council at Guanghua School of Management at Peking University in Beijing, China.

The Wilbur K. Woo Greater China Business Conference originated in 2007, with the aim to promote understanding of economic ties between China and the United States. Wilbur K. Woo, who was born in China in 1916, received a bachelor's degree in business administration from UCLA and endowed the first annual conference at UCLA Anderson School of Management in 2007.

Sponsored by Cathay General Bancorp, the 2008 Wilbur K. Woo Greater China Business Conference was presented in association with UCLA Anderson School of Management and the schools' Harold and Pauline Price Center for Entrepreneurial Studies, Greater China Business Association, Ziman Center for Real Estate,  Entrepreneur Association, and its Center for International Business Education and Research.

Visit the website.

About the Harold and Pauline Price Center for Entrepreneurial Studies
The Harold and Pauline Price Center for Entrepreneurial Studies, a recognized leader in entrepreneurial education, oversees all teaching, research, extracurricular and community activities related to entrepreneurship at UCLA Anderson School of Management.  The Price Center strives to provide academic and extracurricular experiences that advance both the theory and practice of entrepreneurship. 

About UCLA Anderson School of Management
UCLA Anderson School of Management, established in 1935, is regarded among the very best business schools in the world.  UCLA Anderson faculty are ranked #1 in "Intellectual Capital" by BusinessWeek and are renowned for their teaching excellence and research in advancing management thinking.  Each year, UCLA Anderson provides management education to more than 1,600 students enrolled in MBA, Executive MBA, Fully-Employed MBA and doctoral programs, and to more than 2,000 professional managers through executive education programs.  Combining highly selective admissions, varied and innovative learning programs, and a world-wide network of 35,000 alumni, UCLA Anderson develops and prepares global leaders.

Media Relations