Executive Briefing | China’s Digital Economy and the new multinationalsVIEW EVENT DETAILS
A discussion of the factors behind China's rapid digitisation
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:
- 731 million internet users enable rapid commercialisation on a large scale
- Well capitalised digital giants are building a digital ecosystem
- 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?
Date: Monday, 5 March
Time: 12.00 -2.00pm
Venue: McKinsey Offices, Level 35, 88 Phillip St, Sydney NSW 2000
This event is open to members of Asia Society Australia and invited guests only. If you are not a member and would like to attend, please contact firstname.lastname@example.org for more information.
About our speaker:
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.
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.
This event is generously hosted by McKinsey & Company.
McKinsey Offices, Level 35, 88 Phillip St, Sydney NSW 2000