Executive Briefing | China’s Digital Economy and the new multinationals

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A discussion of the factors behind China's rapid digitisation

China’s Digital Economy and the new multinationals

Asia Society Australia and McKinsey & Company warmly invite you to join McKinsey Global Institute Director, Dr. Jonathan Woetzel, for a lunchtime Executive Briefing on China’s Digital Economy and the new multinationals powering it. Drawn from the recently released McKinsey report ‘China’s Digital Economy: powering the economy to global competitiveness’, Dr Woetzel will explain the three factors behind China's rapid digitisation:

  1. 731 million internet users enable rapid commercialisation on a large scale
  2. Well capitalised digital giants are building a digital ecosystem
  3. Government regulation is making room for innovators to thrive

At the forefront of this digitisation are four companies, now global household names (Baidu, Alibaba, Tencent and JD.com). They are disrupting traditional industries, increasing China’s global competitiveness and redefining value chains worldwide. With plans to continue to expand their digital and real footprint globally, what does the future of retail, banking, logistics and data look like led by this new breed of digital multinational?  

Event Details

Date: Monday, 5 March

Time: 12.00 -2.00pm

Venue: McKinsey Offices, Level 35, 88 Phillip St, Sydney NSW 2000


About our speaker

Jonathan Woetzel

Dr. Jonathan Woetzel

MGI Director and Senior Partner, Shanghai

Based in China since 1985, Dr. Jonathan Woetzel has been instrumental in building McKinsey &Company's China office. In addition to his work helping Chinese and other Asian businesses prepare for global growth, Jonathan is a director of the McKinsey Global Institute (MGI), McKinsey's business and economics research arm. He also leads McKinsey's Cities Special Initiative and is responsible for convening McKinsey's work with city, regional, and national authorities in more than 40 geographies around the world. He is a co-chair of the non-profit think tank, the Urban China Initiative—a joint venture of the National Development and Reform Commission, Tsinghua University, and McKinsey—that aims to develop and implement solutions to China's urbanisation challenges.

Jonathan has led numerous research efforts on global economic trends, including growth and productivity, urbanisation, affordable housing, energy and sustainability, e-commerce, and the economic impact of the Internet, as well as on productivity growth and economic development in China and Asia.

Attendance is limited.


Asia Society Australia’s Executive Briefings are a curated series of meetings presented by diplomats, business leaders and subject matter experts from Asia and Australia. Designed to offer a deep dive into the critical issues of the day, to an audience of senior executives from the business, political, educational and cultural institutions that make up the Asia Society network.  

For more information please contact programaustralia@asiasociety.org.


This event is generously hosted by McKinsey & Company

McKinsey & Company

 

Event Details

Mon 05 Mar 2018
12:00 PM - 2:00 PM

McKinsey Offices, Level 35, 88 Phillip St, Sydney NSW 2000

Add to Calendar 20180305T010000 20180305T030000 UTC Asia Society: Executive Briefing | China’s Digital Economy and the new multinationals McKinsey Offices, Level 35, 88 Phillip St, Sydney NSW 2000