Economic Affairs

China 2.0: The Rise of a Digital Superpower (May 2010)

China 2.0 at Stanford University, May 24-25, 2010

This two-day forum looks at the rise of China as a digital superpower.

May 2010 marks 15 years of China's first connection to the public Internet and 15 years of digital mobile communications. Home to 400 million online and 750 million mobile consumers, China is giving birth to innovative start-ups and established multi-billion dollar enterprises in social networking, games, video, music and e-commerce.

Companies thriving in China will increasingly shape the global digital economy, either by their sheer scale at home or through investments and mergers and acquisitions in the United States and other developed economies.

Join this invitation-only forum to meet with industry leaders from China and overseas to assess the likely future shape and implications of China's rise for consumers, industry players, investors, researchers and policy makers.

Conference Video Overviews

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China 2.0 Introduction	Video: Tencent, Taobao and Baidu	Enabling China's Mobile Market	Chinese Digital Music Scene
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TV & Online Video	e-Commerce	Online Games

	MONDAY, MAY 24, 2010
8:30 - 9:00	Registration and Light Breakfast
9:00 - 9:15	Session 1--Welcome Remarks and Introductory Presentation
	Marguerite Gong Hancock, Forum Co-Chair/Associate Director, SPRIE, Stanford University
	Duncan Clark, Forum Co-Chair/Chairman, BDA China; Visiting Scholar, SPRIE, Stanford University
9:15 - 10:00	Session 2--Case Studies of China 2.0 Leaders: Tencent, Taobao & Baidu
	Duncan Clark & Liu Ning, BDA China Presentation
	Moderator: Gady Epstein, Beijing Bureau Chief, Forbes
10:00 - 10:45	Special Session--Reporting China 2.0
	Loretta Chao, Reporter, Beijing Bureau, The Wall Street Journal
	Gady Epstein, Beijing Bureau Chief, Forbes
	Moderator: Daniel Sneider, Associate Director for Research, Shorenstein Asia-Pacific Research Center, Stanford University
11:00 - 12:15	Session 3--Enabling China 2.0: Infrastructure, Devices and Access
	Håkan Eriksson, CTO, Ericsson presentation
	Stanley Chia, Senior Technology Consultant, Vodafone Group R&D
	Moderator: Duncan Clark, Forum Co-Chair/Chairman, BDA China; Visiting Scholar, SPRIE, Stanford University
12.15 - 1.15	Lunch
1.15 - 2.15	Session 4--Digital Music in China
	Gary Chen, CEO, Top100.cn presentation
	Eric Priest, Assistant Professor, University of Oregon presentation
	Moderator: Loretta Chao, Reporter, Beijing Bureau, The Wall Street Journal
2.15 - 3.45	Session 5--China's Future TV Landscape
	Graham Kill, CEO, Irdeto presentation
	Caroline Pan, Director-China Strategy Office, Intel presentation
	David Strehlow, Director of Marketing, Media Solutions, Huawei
	Moderator: Andrew Lih, Associate Professor, USC Annenberg School of Communication and Journalism
3.45 - 4.00	Break
4.00 - 5.30	Session 6--e-Commerce in China
	James Jianzhang Liang, Co-Founder and Chairman, Ctrip
	Alan Tien, General Manager, PayPal Beibao China
	Fritz Demopoulos, CEO, Qunar.com
	Moderator: Mei Fong, Wall Street Journal Correspondent & Visiting Professor, USC Annenberg School of Communication & Journalism
5.30 - 6.30	Networking Reception
	TUESDAY, MAY 25, 2010
8:30 - 9:00	Registration and Light Breakfast
9.00 - 10.30	Session 7--Online & Mobile Games
	Jason Wang, Partner, Cypress River Advisors, LLC
	Ben Sternberg, Executive Director, Raine Group
	Lisa Cosmas Hanson, Managing Partner & Founder, Niko Partners
	Liu Ning, Principal Analyst - New Media, BDA China
	Moderator: Loretta Chao, Reporter, Beijing Bureau, The Wall Street Journal
10.45 - 12.15	Session 8--Financing China 2.0: VC & IPO Outlook
	York Chen, Founding Managing Partner, iDTechVentures presentation
	Olivier Glauser, Managing Director, Steamboat Ventures presentation
	Richard Hsu, Managing Director, Intel Capital China presentation
	David Lam, Managing Director, WI Harper Group presentation
	Moderator: Martin Haemmig, Senior Advisor on Venture Capital, Stanford Program on Regions of Innovation and Entrepreneurship
12.15 - 1.15	Lunch
1.15-2:45	Session 9--How Can Global Firms Thrive In & With China
	Alan Tien, General Manager, PayPal Bei Bao China
	Graham Kill, CEO, Irdeto
	Carter Agar, Former VP, GM, Walt Disney Internet Group (China), VP, Altius Education
	Jason Wang, Partner, Cypress River Advisors, LLC
	Moderator: Gady Epstein, Beijing Bureau Chief, Forbes
3:00 - 4:30	Session 10--China 2.0 Firms: The Talent Dimension
	Mark Baldwin, CEO, Oxus and Founder, Zhaopin.com
	Kelly Sang, former General Manager, Alibaba.com Americas
	David Strehlow, Director of Marketing, Media Solutions, Huawei
	Moderator: Kyung H. Yoon, CEO, Talent Age Associates LLC
4:30 - 4:45	Wrap-up

Audience

Media & tech executives, entrepreneurs, academics and researchers, venture capitalists/private equity investors, policymakers.

Format

Presentations by the on-the-ground pioneers of China 2.0
Roundtable discussions on key issues and emerging trends
Premiere of "vox pop" video interviews of Chinese Internet users filmed in Beijing, Chengdu, Nanjing, Wuhan, Xiamen and Xi'an
Conference highlights to be available online (subject to speaker approval)
Interactive event, including a mobile application custom-made for participants

Participation and Pricing

Participation is by invitation-only. For more information, please contact SPRIE by email at sprie-stanford@stanford.edu.

The USD $50 fee covers conference sessions and materials, continental breakfast, lunch, and refreshments. A limited number of free spaces are available for current Stanford faculty, students and staff.

Agenda (subject to change)

Map and parking:

The conference is being held in the Bechtel Conference Center, located at 616 Serra Street on the first floor of Encina Hall. Free event parking is available at the Galvez Field Event Parking Lot, located at Galvez and Campus Drive East. It is less than .5 mile from the parking lot to the event. If you park at a meter, be aware that parking is $1.50/hour and is monitored from 8:00 a.m. to 4:00 p.m.

China 2.0 Sponsors

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Safety Nets in Shocking Times: Lessons from Indonesia's Cash Transfer Program

Monday, January 25, 2010 | 12:00 PM -Monday, January 25, 2010 | 1:30 PM

In 2005 the Indonesian government announced a program of unconditional cash transfers to its poor and near-poor citizens to help them overcome the adverse effects of fuel price hikes caused by a massive reduction in subsidies. The program—the largest of its kind in the world, covering some 19 million households—was reintroduced in 2008 following another round of fuel subsidy cuts.

How successful was this effort to help poor Indonesians weather these economic shocks? Did the transfers alleviate suffering to the desired extent? Did their unconditional character ensure quick action and wide coverage? Or did it foster dependence on public welfare and depress incentives to work? Were deserving recipients chosen? Or did corruption and conflict distort the process? Are there lessons in Indonesia’s experience applicable to other developing countries? Dr. Sudarno will mobilize quantitative and qualitative evidence to address these questions.

Sudarno Sumarto co-founded The SMERU Research Institute and served as its director for nearly ten years. Under his leadership, SMERU played a vanguard role in helping to reduce poverty in Indonesia through careful empirical research on behalf of improved public policy. His more than fifty publications include studies of economic growth, poverty and unemployment reduction, and the performance of primary-school pupils, among other topics, in the Journal of Development Economics (2009), Beyond Food Production (2007), and SMERU’s own working paper series, among other venues. He has also been active as an advisor to the Indonesian government on poverty issues and as a lecturer at the Bogor Institute of Agriculture.

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Sudarno Sumarto

Shorenstein APARC/Asia Foundation Visiting Fellow

652666552_jnP6G-L-1.jpg MA, PhD

Sudarno Sumarto is the Shorenstein APARC / Asia Foundation fellow for 2009-10. He has a PhD and an MA from Vanderbilt University and a BS from Satya Wacana Christian University (Salatiga), all in economics. Prior to joining Shorenstein APARC he was the director of SMERU for nearly 10 years. SMERU is an independent institution for research and public policy studies which professionally and proactively provides accurate and timely information, as well as objective analysis on various socioeconomic and poverty issues considered most urgent and relevant for the people of Indonesia. The institute has been at the forefront of the research effort to highlight the impact of government programs and policies, and has actively published and reported its research findings. The work expanded to include other areas of applied and economic research that are of fundamental importance to contemporary development issues. He was also a lecturer at Bogor Institute of Agriculture (IPB), Bogor, Indonesia.

Sumarto has contributed to more than sixty co-authored articles, chapters, reports, and working papers, including "Agricultural Growth and Poverty Reduction in Indonesia," in Beyond Food Production (2007); "Reducing Unemployment in Indonesia," SMERU Working Paper, 2007; "Improving Student Performance in Public Primary Schools in Developing Countries: Evidence from Indonesia," Education Economics, December 2006; and “The Effects of Location and Sectoral Components of Economic Growth on Poverty: Evidence from Indonesia.” Journal of Development Economics, 89(1), pp. 109-117, May 2009. As well as conducting research and writing papers, Sumarto has worked closely with the Indonesian government, giving advice on poverty issues and government poverty alleviation programs.

Sumarto has spoken on poverty and development issues in Australia, Chile, Peru, China, Egypt, Ethiopia, France, Japan, Morocco, Thailand, and the United Kingdom, among other countries.

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Sudarno Sumarto Speaker

Seminars

Facts and Myths in the Globalization Debate: How Our National Policies are often Misguided and How the United States Can Continue to Keep Its Global Edge

Tuesday, November 17, 2009 | 12:00 PM -Tuesday, November 17, 2009 | 1:15 PM

Few topics provoke more heated debate than globalization. Globalization is considered essential for companies that want to survive in today's economy, but it is also blamed for job losses and the economic decline of the United States. Executives say they hire from abroad because of deficiencies in the U.S. workforce and skills shortages, while worker advocacy groups say it is all about cheap labor.

Wadhwa will discuss how the contentious public debates on globalization and outsourcing commonly use data that isn't grounded in reality. He will show why globalization and outsourcing are the new reality and how this trend will continue to build even more momentum. Finally, Wadhwa will provide concrete advice and ideas on how the United States can regain its edge in the global economy by understanding the new reality and focusing on its strengths such as entrepreneurship and innovation. By effectively harnessing its highly educated and skilled workforce, and balancing immigrant intellectual capital, the United States can continue to be the winner rather than the victim of globalization.

Vivek Wadhwa, currently a visiting scholar at UC-Berkeley, is a senior research associate with the Labor and Worklife Program at Harvard Law School and an executive in residence/adjunct professor at the Pratt School of Engineering at Duke University. He helps students prepare for the real world, lectures in class and leads groundbreaking research projects. He advises several start-up companies, writes a column for BusinessWeek.com and contributes to several international publications. Since joining Duke in 2005, he has researched globalization, its impact on the engineering profession and the sources of the United States' competitive advantage. Mr. Wadhwa holds an MBA from New York University and a BA in Computing Studies from the Canberra University in Australia.

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Vivek Wadhwa Senior Research Associate Speaker Labor and Worklife Program, Harvard Law School

Seminars

The Need for Sectoral Reform of the South Korean Economy

Friday, November 20, 2009 | 12:00 AM -Friday, November 20, 2009 | 12:00 PM

Although South Korea is recovering relatively quickly from the worldwide recession in the wake of the U.S. financial sector crisis, it must address major structural weaknesses if it is to sustain growth over the long term. The Korean manufacturing sector is one of the world’s strongest and most efficient, but the services and (much smaller) agriculture sectors remain weak. Former senior South Korean economic policy official Byongwon Bahk argues that only by benchmarking the near miraculous success of its manufacturing sector can Korea convert traditionally weak sectors into new sources of job creation and foreign currency earnings. He will explain the necessity of, and obstacles to, inducing capital, technologies, and marketing from advanced companies in advanced countries; supporting R&D activities and education and training in weak sectors; and opening weak sectors to domestic and foreign competition.

Byongwon Bahk, a former senior South Korean government official, is the Korean Studies Program’s 2009-2010 Koret Fellow. During the past decade, he was in charge of the management of Korean macro-economic policy at the Ministry of Finance and Economy, including as vice minister. Most recently, he served in the Blue House as the senior economic advisor to President Lee Myung-bak. He received a BA and an MA in Law from Seoul National University, an MA in Industrial Engineering from Korea Advanced Institute of Science and Technology (KAIST) in Korea, and an MA in Economics from University of Washington.

This event is supported by a generous grant from the Koret Foundation.

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Byongwon Bahk

Shorenstein APARC
Stanford University
Encina Hall E301
Stanford, CA 94305-6055

(650) 723-9744

bahk0924@stanford.edu

2009-10 Koret Fellow

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Byongwon Bahk, former Senior Advisor to President Lee Myung-bak of Korea, joined the Korean Studies Program as the recipient of the Koret Fellowship for 2009-10 academic year.

Mr. Bahk served as Vice Minister of the Ministry of Finance and Economy in Korea and was a senior advisor to President Lee Myung-bak briefly. While at the Center, he will lead a reach project on economic affairs of Korea in relations to the U.S.

The Koret Fellowship, generously funded by the by Koret Foundation of San Francisco, was established at the Center in 2008 to bring leading professionals in Asia and the United States to Stanford to conduct research on contemporary U.S.-Korean relations, with the broad aim of fostering greater understanding and closer ties between the two countries.

Byongwon Bahk 2009-2010 Koret Fellow, Asia-Pacific Research Center Speaker

Seminars

Energy, Environment, and Economic Growth in Asia

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The Walter H. Shorenstein Asia-Pacific Research Center (Shorenstein APARC) convened the first Stanford Kyoto Trans-Asian Dialogue in Kyoto, Japan, on September 10 and 11, 2009. The Dialogue addressed the critical theme of “Energy, Environment, and Economic Growth in Asia,” and gathered participants from eight countries across the Asia-Pacific region: the United States, Japan, South Korea, China, Vietnam, Singapore, Indonesia, and India.

Through the Stanford Kyoto Dialogue, Shorenstein APARC seeks to build a new set of relationships across the Pacific, a network that can benefit all parties through exchange of information, analysis, interpretation, and original thinking. To develop such relationships, Dialogue organizers at Shorenstein APARC identified individuals from both a large number of different countries and a wide range of backgrounds—business, academe, media, and government—along with experts on energy and environmental issues drawn from the greater Stanford community and from countries across Asia.

Asia and the United States share deep concerns about energy—its generation, its sustainability, and its impact on the environment and the global economy. In confronting these concerns, the Stanford Kyoto Dialogue sought to facilitate not only new discovery but also the transfer of accumulated wisdom among the distinguished participants. The discussion was off-the-record, so that participants could freely express their views and engage in lively debate, but we present here a brief synopsis of each session.

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Publication Type

Policy Briefs

Publication Date

November 1, 2009

Journal Publisher

Shorenstein APARC

Martin Kenney provides an "Historical Perspective" on the state of venture capital

Read more about Martin Kenney provides an "Historical Perspective" on the state of venture capital

News Type

News

Date

Fri, 10/16/2009 - 12:00

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Where has the venture capital industry been, and where is it headed? Recently Dr. Martin Kenney (Professor, UC Davis) delivered a fascinating presentation for a SPRIE audience, tracing venture capital from its pre-WWII angel investor beginnings all the way up to the present, which he sees as the most difficult circumstances the industry has ever faced. Dr. Kenney's presentation is available on the SPRIE site and the audio from the event is forthcoming.

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