Digital Revolution in China

China is in the throes of a new economic revolution after three decades of double-digit growth and social transformation. According to China’s Digital Transformation, a new report by the McKinsey Global Institute, the Internet is turning the market on its head, not just for the 632 million Chinese already on the web, but for producers as well. While significant problems and roadblocks must be addressed, increasing use of digital technology is on track to facilitate as much as 22% of China’s total GDP growth through 2025, according to the McKinsey report. Chinese companies are making the leap from outdated production models, creating new markets in finance and e-commerce, and entering new sectors to compete head to head with advanced industrial economies. Join ASNC and the Federal Reserve Bank of San Francisco for a panel of leading analysts and businesspeople for a discussion of China’s digital transformation.

Advanced registration required by Tuesday, November 4. Limited seating!

Speakers:

Saurabh Chopra, Vice President, Corporate Strategy, Visa

Cindy Li (moderator),Country Manager and Senior Supervisory Analyst, Country Analysis Unit, Federal Reserve Bank of San Francisco

Jonathan Woetzel,Director, McKinsey & Company, Shanghai; Director, McKinsey Global Institute

Richard Yorke, Head of International Group, Wells Fargo

Program Agenda:

11:45 – 12:00 p.m. Registration
12:00 – 12:30 p.m. Networking Lunch
12:30 – 2:00 p.m.   Panel Discussion and Q&A

Co-organized in partnership with the San Francisco Federal Reserve Bank