Opening-up, Regulation and Business Environment
Topic of Parallel Session A
Opening-up, Regulation and Business Environment
the Role of Governments and Perspectives of Multinationals
An enabling business environment can stimulate market vitality, attract international investment, and help promote economic transformation and upgrading. Faced with the opportunities and challenges of economic globalization, we should explore the paths and prospects of high-level investment liberalization and facilitation, and revitalize investment through opening up and cooperation. Governments are expected to provide quality services to enterprises, so as to create an open, fair, stable and transparent business environment. In this session, panelists will discuss the role of governments as well as the perspectives of multinationals in fostering an enabling business environment.
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JIN Liqun
President and Chairman, Asian Infrastructure Investment Bank
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Gary Clyde HUFBAUER
Senior Fellow, Peterson Institute for International Economics
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LIN Guijun
Executive Director, Academy of China Open Economy Studies of UIBE
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Rachel DUAN
President & Chief Executive Officer, GE Global
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FU Gangfeng
Director of the Board and President, China COSCO SHIPPING Corporation Limited
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LIANG Hua
Chairman, Huawei Technologies Co.
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Mike ROMAN
Chairman and Chief Executive Officer, 3M Company
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Emma WALMSLEY
Chief Executive Officer, GlaxoSmithKline
JI Xiaojun
Anchor, China Global Television Network
Ji Xiaojun (MBA, 1998-1999, Business School, University of Nottingham) is currently the host of ICON on CGTN and his voice opened and closed the Beijing Olympic Games.
He has hosted different types programmes in his nineteen-year TV career, from current affairs news programmes, to sports news, feature programmes, one-on-one interviews, studio programmes, outdoor concert shows, to studio variety shows.
Acknowledging his efforts and achievements in his work, Ji was awarded "CCTV Anchorer of the Year" for three times. He also won the "Golden Microphone Award" in 2012, the highest national award in broadcasting in China.
On the sidelines of the regular programmes, Ji has also been invited to MC special events or special programmes, including the annual meeting of the New Champions of the World Economic Forum in Tianjin, the opening ceremony of the Beijing International Film Festival, the closing ceremony of the Bo'ao Forum for Asia, the opening ceremony of China-ASEAN Expo, and the reception gala for the APEC Summit Meeting in Beijing, to name a few.
Other than the Olympics, Ji has also been invited to announce for the Youth Olympics, the Paralympics, the Special Olympics, the World Expo, the Asian Games, the World Universiade, the Asian Beach Games and China National Games.
JIN Liqun
President and Chairman, Asian Infrastructure Investment Bank
The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) convened its inaugural meeting on January 16, 2016, declaring the Bank open for business and electing Mr. Jin Liqun as President for a five-year term.
Mr. Jin served as AIIB's President-designate from September 1, 2015 until his appointment as President on January 16, 2016. Prior to his selection as President-designate, he served as Secretary-General of the Multilateral Interim Secretariat (MIS), the entity tasked with preparing the legal, policy and administrative frameworks and undertaking other preparatory work required for the establishment of AIIB.
Immediately prior to assuming the role of Secretary-General of the MIS, Mr. Jin was Chairman of China International Capital Corporation Limited, China’s first joint-venture investment bank. From 2008 to 2013, he served as Chairman of the Supervisory Board, China Investment Corporation (CIC). From 2009 to 2012, Mr. Jin served first as Deputy Chairman, and subsequently as Chairman of the International Forum of Sovereign Wealth Funds (IFSWF).
From 2003 to 2008, Mr. Jin was Vice President, and then Ranking Vice President, of the Asian Development Bank (ADB), in charge of programs for South, Central and West Asia, and private sector operations.
Mr. Jin joined the Ministry of Finance in 1980, where he served as Director General and Assistant Minister, and became Vice Minister in 1998. He was also a Member of the State Monetary Policy Committee. Earlier in his career, Mr. Jin served as Alternate Executive Director for China at the World Bank and at the Global Environment Facility as well as Alternate Governor for China at the ADB.
Mr. Jin holds an M. A. degree in English Literature from Beijing Institute of Foreign Languages (now Beijing Foreign Studies University). He was also a Hubert Humphrey Fellow in the Economics Graduate Program at Boston University from 1987 to 1988. He is a national of the People’s Republic of China.
Gary Clyde HUFBAUER
Senior Fellow, Peterson Institute for International Economics
Gary Clyde Hufbauer is a nonresident senior fellow at the Peterson Institute for International Economics. He was the Institute's Reginald Jones Senior Fellow from 1992 to January 2018. He was previously the Maurice Greenberg Chair and Director of Studies at the Council on Foreign Relations (1996–98), the Marcus Wallenberg Professor of International Finance Diplomacy at Georgetown University (1985–92), senior fellow at the Institute (1981–85), deputy director of the International Law Institute at Georgetown University (1979–81); deputy assistant secretary for international trade and investment policy of the US Treasury (1977–79); and director of the international tax staff at the Treasury (1974–76).
Hufbauer has written extensively on international trade and investment. He is coauthor of Bridging the Pacific: Toward Free Trade and Investment between China and the United States (2014), Figuring Out the Doha Round (2010), Economic Sanctions Reconsidered, 3rd edition (2007), US-China Trade Disputes: Rising Tide, Rising Stakes(2006), and NAFTA Revisited: Achievements and Challenges (2005).
LIN Guijun
Executive Director, Academy of China Open Economy Studies of UIBE
Lin Guijun is a professor of Economics at the University of International Business and Economics (UIBE). He holds bachelor degree in economics from UIBE, a MA degree in economics from Carleton University, Canada and a PhD degree from UIBE. He was a Senior Fulbright Research Scholar at the Department of Economics at Columbia University from 2001-2002.
His research interests are in international trade policies and international monetary economics. He has high reputation in the fields of international trade. His current research interests include China’s trade policy models, global value chains, regional economic integration, industrial upgrading and US-China trade relations. Since 2009 he has been the chief editor for Boao Forum for Asia Annual Report Porgress of Asian Economic Integration.
He is the chair of UIBE Academic Committee and the chief editor of a top Chinese trade journal International Trade Journal (guojimaoyiwenti). He is now leading two think-tank research institutes: the Academy of China Open Economy Studies and Beijing Open Economy Research Institute of UIBE. Dr. Lin Guijun also serves as a chairperson for the Degree-Conferring Committee in applied economics under the State Council of China, member of China’s Social Science Committee, deputy director of China Academy of International Trade and secretary general for the coalition of all China International Trade programs, a chief committee member of the Committee of the Professional Masters Program in International Business under the Ministry of Commerce and the Ministry of Education and a member on advisory board of the Ministry of Commerce.
Rachel DUAN
President & Chief Executive Officer, GE Global
Rachel Duan is the President & CEO of GE’s Global Growth Markets. She is responsible for leading the global growth markets with a focus on a Company-to-Country approach, demand creation, financing efforts, talent development, risk management, and building a strong GE brand.
Rachel’s 22-year career at GE began in 1996 when she joined the Corporate Audit Staff. She progressed through a number of leadership roles across markets and businesses, including Six Sigma Quality Leader for GE Plastics Asia-Pacific, based in Tokyo; the Lexan Commercial Director for GE Plastics Greater China; and Marketing Director for Greater China, and then for Asia-Pacific. She also served as President & CEO, GE Advanced Materials, Greater China, and President & CEO, Momentive Performance Materials, Asia-Pacific. Most recently, Rachel was President & CEO, GE Healthcare China.
A native of Shanghai, China, Rachel holds a bachelor’s degree in Economics and International Business from Shanghai International Studies University and an MBA from The University of Wisconsin – Madison in the United States. She presently serves on the Board of multinational insurance firm AXA Group.
FU Gangfeng
Director of the Board and President, China COSCO SHIPPING Corporation Limited
Mr.Fu Gangfeng successively served as Deputy Director of Zhong Hua (Shekou) Accounting Firm, General Manager of Chief Accountant Office, Vice Chief Financial Officer and Chief Financial Officer of China Merchants Shekou Industrial Zone Company Limited and Chief Financial Officer of China Merchants Shekou Holdings Company Limited. He also acted as General Manager of Finance Department, Vice Chief Financial Officer and Chief Financial Officer of China Merchants Group Limited, Chairman and Executive Director of China Merchants Port Holdings Company Limited, Vice Chairman of China Merchants Bank as well asDirector and President of China Merchants Group Limited. With nearly 30 years of corporate management experience, Mr. Fu has abundant experience in enterprise operation management, financial management and capital operation. He took his current post in September 2019. Mr. Fu is a certified Senior Accountant with a master degree in Engineering Management in Xi'an Highway Scientific Academy.
LIANG Hua
Chairman, Huawei Technologies Co.
Born in 1964, Mr. Liang holds a doctorate degree from Wuhan University of Technology. Mr. Liang joined Huawei in 1995 and has served as President of Supply Chain, CFO of Huawei, President of the Business Process & IT Mgmt Dept, President of the Global Technical Service Dept, Chief Supply Chain Officer, Chairman of the Audit Committee, and Chairman of the Supervisory Board. Mr. Liang is now Chairman of Huawei’s Board of Directors.
Mike ROMAN
Chairman and Chief Executive Officer, 3M Company
Mike Roman is the chairman of the board and chief executive officer of 3M, a $33 billion science-based company. The company applies its technology platforms to create differentiated solutions for customers that it brings to market through four business groups: Safety & Industrial, Transportation & Electronics, Health Care, and Consumer. One-third of 3M’s sales come from products introduced in the last five years, and the company has increased its dividend for each of the last 61 years. 3M has been included on the Dow Jones Sustainability Index for 19 straight years.
Mike became chairman of the board in May 2019 and chief executive officer in July 2018. In prior roles, he served as chief operating officer, led 3M’s largest business group and was the company’s chief strategist. Throughout his 30-year career at 3M, he has lived and led businesses around the world, including the United States, Europe and Asia. Mike joined 3M in 1988 as a senior design engineer.
Mike holds a master’s degree in Electrical Engineering from the University of Southern California, and a bachelor’s degree from the University of Minnesota. He’s a member of the University of Minnesota Foundation Board of Trustees. Mike and his family enjoy a variety of physical fitness and outdoor activities.
Emma WALMSLEY
Chief Executive Officer, GlaxoSmithKline
Emma Walmsley has been GSK CEO and Board Director since April 2017.
Prior to this Emma was the CEO of GSK Consumer Healthcare, a Joint Venture between GSK and Novartis, from its creation in March 2015, and has been a member of GSK’s Corporate Executive Team since 2011. She joined GSK in 2010, with responsibility for Consumer Healthcare, Europe.
Prior to joining GSK, Emma worked with L’Oreal for 17 years where she held a variety of global and local marketing and general management roles in Paris, London, New York and Shanghai.
Emma was a non-executive director of Diageo plc from 1 January – 21 September 2016.
Emma holds an MA in Classics and Modern Languages from Oxford University.