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Small
motors drive big engine
Academic: Focus should be on regional difference
China
is not one big economic behemoth growing at 8-9 per cent a year,
but rather a series of regional economies.
If
you look at it province by province, you will discover up to 100
economies loosely coupled together some galloping at breakneck
speed while others lagging a little further behind, according
to Professor Michael Enright from the University of Hong Kong.
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People
in regions deserve fair share
Traditionally,
the Chinese have always sought balance in all aspects of life
as can be seen with the Confucian Golden Mean. But the notion
may be more idealistic than realistic, particularly when considering
economic concepts.
The
economies of China and the United States are not on an equal footing.
But it is precisely because of vast discrepancies in wage levels
and lower costs that China, with a per capita gross domestic product
(GDP) level comparable to less than one-20th of the United States,
can compete with the North American country in the world market
and be considered an equal trading partner.
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Brief
Introduction
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China
Daily CEO Roundtable (CDRT), a Hong Kong-based division
of China Daily Group, provides opportunities for senior
executives from multinational companies to share, learn
and probe issues with speakers in open discussions about
China's economic development and the business challenges
the nation faces.
It is run as an informal meeting where movers and shakers
well-versed in business in China can brainstorm.
Over
30 top executives from Hong Kong's business community gathered
on April 20, 2004 for the first CDRT. Discussion centred
around China's uneven regional development and how it will
impact on foreign investment and business expansion within
the country.
CDRT
will now be taken on the road to other cities such as Beijing,
Shanghai and Guangzhou, so participants can access local
government officials, companies and the executives of multinationals
in an interactive setting.
Suggestions and comments are welcome to send to
ceoroundtable@chinadaily.com.cn
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Copyright 2004 by Chinadaily.com.cn
All rights reserved.
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Senior
Executives at 1st CDRT |
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Company |
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Name |
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Orient
Overseas
(International) |
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C
C Tung |
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Zurich
Insurance Group |
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Peter
Schelling |
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CITIC
Pacific Group |
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Vernon
Moore |
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EDS
Asia and Japan |
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Jay
Davis |
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China
Everbright International |
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Chen
Xiaoping |
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China
Advantage Resourcing |
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Alexander
Wan |
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British
Consulate General |
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Kate
Harrison |
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C
& L Holdings |
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Raymond
Leung |
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CCI
Asia-Pacific |
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Tom
Goaman |
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Chubb
Group of Insurance |
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Andre
Dallaire |
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Citigroup
Asia |
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Margaret
Ren |
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Citibank
Global |
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Anup
Mysoor |
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Citigroup
Global Markets Asia |
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Katherine
D'Arcy |
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CLP
Power Hong Kong |
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Richard
Morse |
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CS
Culture Foundation |
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Susie
Chiang |
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China
Unicom HK/China |
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William
Lo |
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Dah
Sing Bank |
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Derek
Wong |
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Edith
Scott and Associates |
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Edith
Scott |
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ExxonMobil
China Investment |
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P
C Tan |
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Fedex
Express |
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Eddy
Chan |
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First
Eastern Investment Group |
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Victor
L L Chu |
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InvestHK |
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Philip
Kung |
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InvestHK |
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Benjamin
Wong |
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InvestHK |
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Lawrence
Chan |
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Lamsoon
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Jim
Tsao |
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Securities
and Futures Commission, HKSAR |
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Peter
Auyang |
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Standard
Chartered Bank |
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Katherine
Tsang |
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Sun
Wah Group |
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Jonathan
Choi |
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The
Nature Conservancy |
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Jaclyn
Cho |
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Tsinlien
Group |
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Dong
Wei |
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