The "visible hand" of Chinese State-Owned Enterprises (SOEs) was essential in the early phase of China's reform and opening to ensure a gradual transition from a centrally planned economy to a market economy. Today, the slowing economy faces a precarious juggling act: keeping the state capitalism model in force while implementing more liberalizing reforms. Corporate governance is critical for sustaining growth; SOEs' roles have been reinforced, however, in light of the ongoing trade conflict with the U.S. and China's ambition to become a global leader in innovation and technology.
In this 40th anniversary of Chinese economic reform series, Daniel H. Rosen, the leading author of the report Missing Link: Corporate Governance in China's State Sector, will present his assessment of China's economic reform progress and explain how SOEs rationalization is important, not only for China's own growth potential, but also for players investing in, cooperating with or competing against Chinese firms globally.
First 10 minutes for networking
Breakfast will be served