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Great change is upon us. The global reopening after the COVID pandemic is ushering in a new era of development, and a wealth of new opportunities. Artificial intelligence is making remarkable strides, capturing the imaginations of creators, executives and investors—and sending the market value of one chipmaker past one trillion dollars. Countries are rapidly embracing renewable energy and electric vehicles. And traditional industries can now provide people with access to new technological achievements faster than ever before.
Amid these sweeping changes, business leaders need fresh perspectives and innovative approaches to overcome traditional thinking and break free of old habits. They need to navigate uncertainty, change, and risk, and work alongside governments and societies to achieve renewed prosperity and a sustainable future.
What lies ahead for China and the rest of the world? The Fortune Global 500 Summit will convene leaders from the worlds of business and government to share ideas and insights, explore new paths, and forge a brighter tomorrow.
Ms. Siyuan Chen has been Vice President, General Manager of Bristol Myers Squibb for China & Asia Cluster, President of China since January 2023, to take on responsibilities to oversee Mainland China, Hong Kong, Taiwan, Korea and Southeast Asia markets. Siyuan is a true leader, full of passion for people and patients. Since joining Bristol Myers Squibb as the President & General Manger for China in December 2019, Siyuan has demonstrated strong leadership which was pivotal in strengthening the local talents and organization in China. In 2020, Siyuan has led Bristol Myers Squibb China team to successfully formulate and launch the “China 2030 Strategy” and achieved a series of impressive milestones. As a leader committed to shaping the industry environment in China, Siyuan is currently the Vice Chairman of the 6th Council of the China Association of Enterprises with Foreign Investment (CAEFI), a member of the 2022-2023 Executive Committee of CAEFI’s R&D-based Pharmaceutical Association Committee (RDPAC), and the Vice Chairman of the China Association of Pharmaceutical Commerce (CAPC). Prior to Bristol Myers Squibb, Siyuan held several senior management roles at GlaxoSmithKline and Novartis. She also worked for the Boston Consulting Group as a consultant. Siyuan received a Bachelor of Science in Biochemistry from Fudan University, an MBA degree from the Columbia Business School, and a Master of Science in Computer Science from the University of Massachusetts.
SETTING THE AGENDA
ONE-ON-ONE: How to Make the Impossible Possible?
Pfizer has been at the forefront of harnessing both science and
technology to benefit the lives of many millions. At G500 Summit in
Guangzhou, we will have a one-on-one conversation with Dr. Bourla on the
following:
Global companies face challenges on all sides: Pandemics,
political unrest, climate change, and macroeconomic uncertainty, to
name just a few. As a result, there’s been a shift in the dominance of
large enterprises in the way they used to. FORTUNE Global 500 companies
will have to stay agile and innovative, in order to turn the impossible
into the possible. We hear from the head of one of the largest and most
important companies in the world today on how he steered his company
through a once-in-a-century global crisis.
PANEL DISCUSSION:
Changing Growth Goals: From Speed to Quality
Emerging markets no longer want to grow as fast as possible. Now, leaders see efficiency and quality as new benchmarks for development. That transformation will push companies to change their objectives: To grow better, not faster. Can executives build sustainable growth, and prioritize their own high-quality development to promote the same in the broader economy?
ONE-ON-ONE: Revitalizing the World's Economy
The world’s leading economies are trying to revitalize their economies after the COVID pandemic closed businesses, disrupted operations and forced governments to impose unprecedented interventions. Now, the specter of recession is looming. What are the prospects for the global economy? And how can policymakers reignite growth and ward off an economic slowdown?
NETWORKING BREAK
ONE-ON-ONE: Can China Take Over the World’s Auto Market?
After years of trying to catch up, China’s automakers are now keeping pace with their foreign peers—and it’s thanks to the electrification of the car industry. China is now the world’s largest auto exporter, and foreign manufacturers now see Chinese car companies as their equals. But now the automotive industry faces new challenges, including a tough battle for market share. What will it take for Chinese companies to finally take pole position in the global car market?
PANEL DISCUSSION:
Manufacturing Industry: Digital Transformation Moving Towards Practicality
Manufacturing was the powerhouse of the Chinese economy, spurring faster growth, higher employment and industrialization.But now the sector needs to change after the transformation from traditional manufacturing to intelligent manufacturing. Is China still willing to be the “world’s factory” in the new industrial division of labor? How can companies secure their existing advantages while developing new avenues for growth?
PANEL DISCUSSION: The Next Step in Modern Healthcare
Modern healthcare is one of the most important applications for new
technologies—yet its companies are also among the most cautious.
New
medical advances played a decisive role in creating the effective
treatments, vaccines, drugs and life support systems that kept many
COVID patients alive. Now that modern healthcare has helped manage the
worst of the COVID-19 pandemic, what’s the next step for healthcare
companies?
ONE-ON-ONE:The road to excellence
Large companies are now realizing that it’s not enough to be fast and large. Instead, corporate giants are learning they must be efficient and effective as well, with high-quality operations, practices and standards. But can leaders balance short-term profitability with long-term strategic planning? And can large companies be innovative enough to adapt to market changes, confront external challenges, and achieve excellence?
SONG Zhiping, Chairman, China Listed Companies Association for Public Companies; Chairman, China Enterprise Reform and Development Society(confirmed)
Interviewer: WANG Fang, Executive Editor, Shanghai, FORTUNE China
LUNCHEON
ONE-ON-ONE:
Unlocking the Digital Power: How Smart Technologies Solve Real Problems?
From unmanned mine trucks to the development of new drugs, the next-generation smart technology is becoming even more deeply integrated into various industries. Looking forward, how will the real economy be empowered by large-scale digital transformation with the help of AIGC, computer vision, digital-twin, big data etc. delivered by cloud computing and a 5G network? More importantly, how will these future technologies enable a high-quality economic and social development in a more sustainable and safe way?
PANEL DISCUSSION: The Development of GBA
The Guangdong-Hong Kong-Macao Greater Bay Area (GBA) is poised to become a new pole of the global economy. Its location, economic strength, and policy innovations mean people expect much from this new economic hub. What opportunities can companies hope to gain by investing in the GBA? And how can policymakers and institutions help firms capture them?
PANEL DISCUSSION: Reviving China’s Consumption
Economists hoped that the end of the COVID pandemic would get consumers spending and shopping again. Yet the hoped-for post-COVID rebound in consumption has yet to materialize. Policymakers need to boost consumption to get the economic recovery back on track. But in a sluggish market, what can be done to boost consumer confidence? And how can brands retain loyal customers and attract young fans?
PANEL DISCUSSION: Sketching the Blueprint for Energy Transition
Clean energy sources such as wind, solar, hydropower, nuclear and hydrogen are becoming a critical pillar of global energy supply and consumption. As economies integrate both new and traditional energy sources, how should governments and enterprises focus on future energy choices?
NETWORKING BREAK
PANEL DISCUSSION: Turning ESG Promises into Actions
ESG is sweeping the globe, as companies now highlight their work to support the social good. Yet critics argue much of these efforts are actually “greenwashing,” covering for harmful practices elsewhere in the business with feel-good measures. How can we ensure that ESG is not just a gimmick? Can companies truly integrate these standards throughout their operations, rather than just use them as an easy label?
ONE-ON-ONE
Getting good at coffee: The story of Starbucks’ new CEO
Before becoming the sole CEO of Starbucks, Laxman Narasimhan spent six months working on the front lines as a barista serving coffee. In a conversation with Fortune CEO Alan Murray, Narasimhan describes how he worked with his predecessor, longtime Starbucks head Howard Schultz, to immerse himself in Starbucks’s business, and how he plans to put his “heart and soul” behind the coffee company’s global expansion.
ONE-ON-ONE: Feeding the World with New Agricultural Technologies
The agriculture industry bears the responsibility of meeting the growing global population’s continuous demand for food. To accomplish that arduous task, companies will need to harness the latest technologies to enhance their productivity. What are the world’s biggest agricultural companies doing to help the world’s farmers grow more, and better, food?
PANEL DISCUSSION:
Ocean Economy: The New Blue Engine
The ocean, which covers over 70% of the Earth’s surface, is one of the least understood, and least utilized, resources on the planet. Yet the ocean economy—fishing grounds, offshore wind and nuclear power, deep sea mining, ocean carbon sequestration, to name just a few activities—has emerged as a new engine driving economic development. How can we develop and use ocean resources, while avoiding damaging this unique environment?
CLOSING REMARKS
COCKTAIL RECEPTION AND AWARD CEREMONY
18:00-18:03 FORTUNE GLOBAL 500 AWARD CEREMONY REMARKS
Julia CHU, General Representative of FORTUNE Global 500 China
18:03-18:10 INTERPRETATION OF FORTUNE GLOBAL 500 RANKING
WANG Fang, Executive Editor, Shanghai, FORTUNE
DINNER
ONE-ON-ONE : Dialogue with Economists
FAN Gang , Professor of Economics, Peking University (PHBS)and the Graduate School of Chinese Academy of Social Sciences (CASS) , Chairman, China Development Institute, and Director, National Economic Research Institute.
Interviewer: YANG Anqi, New Media Associate Executive Editor, FORTUNE China
PEARL RIVER NIGHT CRUISE
Alyson Shontell joined Fortune in October, 2021, as its new editor-in-chief. She previously served as editor-in-chief of Business Insider. She joined Business Insider in 2008 as the company's sixth employee. She started as a sales planner before joining the editorial team in 2010, where she became a startup reporter and was first to cover some of today's largest tech companies, including Pinterest, Tinder, Instagram, Uber, and Snap. She rose to become a senior correspondent, then executive editor. She was appointed editor-in-chief in 2016 and became the youngest and only woman to run a global business publication. Under her leadership, the business division grew to hundreds of millions of monthly readers. Ms. Shontell was the host of Business Insider's conferences and launched a podcast, Success: How I Did It, where she interviewed influencers about their career paths. She has appeared on the major media and has interviewed media personalities, technology leaders, politicos, and sports star LeBron James. She is a judge for the prestigious Gerald Loeb awards in business journalism and has been named one of Min's Rising Stars in Media and Folio's 2017 Top Women in Media. Ms. Shontell graduated from Syracuse University's Newhouse School of Public Communications, where she majored in psychology and advertising.
SETTING THE AGENDA
Zhang joined FORTUNE China in 2009, and was promoted to Executive Editor in 2013. Zhang currently have more than 2.9 million followers on LinkedIn. Before joining FORTUNE China, Zhang was Managing Editor of InformationWeek China. In 2004, he was admitted by Cambridge, Oxford and Carnegie Mellon University and chose to pursue MSc of Computer Science in Oxford. In 2005, he graduated with straight “A”s from Oxford University, gave up an early offer from a sub company of News Corporation in West London and came back home to continue his career in China’s media business.
Zhang has a BA in English & American Studies from Beijing Foreign Studies University and joined China Daily to work as a reporter and editor. In his earlier days, Zhang won the “best story award” from China Daily twice and played a key role in creating the ELT weeklies for the group. Zhang also got the Certificates of "Building a Business" course from Said Business School, Oxford University, and Finance Media EMBA Fellowship Program from PBC School of Finance, Tsinghua University.
ONE-ON-ONE: How to Make the Impossible Possible?
PANEL DISCUSSION:
Changing Growth Goals: From Speed to Quality
ONE-ON-ONE: Revitalizing the World's Economy
NETWORKING BREAK
ONE-ON-ONE: Can China Take Over the World’s Auto Market?
PANEL DISCUSSION:
Manufacturing Industry: Digital Transformation Moving Towards Practicality
PANEL DISCUSSION: The Next Step in Modern Healthcare
Ms. Siyuan Chen has been Vice President, General Manager of Bristol Myers Squibb for China & Asia Cluster, President of China since January 2023, to take on responsibilities to oversee Mainland China, Hong Kong, Taiwan, Korea and Southeast Asia markets. Siyuan is a true leader, full of passion for people and patients. Since joining Bristol Myers Squibb as the President & General Manger for China in December 2019, Siyuan has demonstrated strong leadership which was pivotal in strengthening the local talents and organization in China. In 2020, Siyuan has led Bristol Myers Squibb China team to successfully formulate and launch the “China 2030 Strategy” and achieved a series of impressive milestones. As a leader committed to shaping the industry environment in China, Siyuan is currently the Vice Chairman of the 6th Council of the China Association of Enterprises with Foreign Investment (CAEFI), a member of the 2022-2023 Executive Committee of CAEFI’s R&D-based Pharmaceutical Association Committee (RDPAC), and the Vice Chairman of the China Association of Pharmaceutical Commerce (CAPC). Prior to Bristol Myers Squibb, Siyuan held several senior management roles at GlaxoSmithKline and Novartis. She also worked for the Boston Consulting Group as a consultant. Siyuan received a Bachelor of Science in Biochemistry from Fudan University, an MBA degree from the Columbia Business School, and a Master of Science in Computer Science from the University of Massachusetts.
ONE-ON-ONE:The road to excellence
LUNCHEON
ONE-ON-ONE:
Unlocking the Digital Power: How Smart Technologies Solve Real Problems?
Dowson Tong joined Tencent in 2005 and currently serves as Senior Executive Vice President of Tencent,and CEO of the Cloud and Smart Industries Group.
Since 2018, Dowson has led Tencent's Cloud and Smart Industries Group (CSIG, hereafter), promoting the company's strategic planning and development in cloud and industrial internet, as well as jointly overseeing advertising and marketing services. Dowson previously served as President of Tencent's Social Network Group, overseeing the development strategies of QQ communication, social networking platforms, valueadded services, and open platforms.
With a vision and mission of "Value for Users, Tech for Good" , Dowson leads the CSIG to create innovative solutions. With forward looking technologies and professional capabilities, the CSIG continues to focus on sectors such as transportation, retail, healthcare, education, finance, and industry, helping various sectors accelerate digital transformation and upgrading.
Before joining Tencent, he worked at Sendmail Inc., where he led the development of operator scale email and messaging systems. He also worked at Oracle, where he managed the development and testing of its servers and applications.
Dowson earned a Master of Science degree in Electrical Engineering from Stanford University and a Bachelor of Science degree in Computer Engineering from the University of Michigan.
PANEL DISCUSSION: The Development of GBA
Jing Guangjun, Male, Han nationality, born in June 1972 in Shenyang, Liaoning Province.
He is the Doctor of Engineering, Associate Professor and Senior Economist, currently working as Chairman of the Board, secretary of the Party Committee of Guangzhou Industrial Investment Holdings Group Co., Ltd and member of the 13th Guangdong Provincial Committee of the Chinese People's Political Consultative Conference. He has been engaged in the research of integrated artificial intelligence applications for a long time and is committed to collaborative innovation in the fields of intelligent manufacturing and industrial Internet applications.
He has presided over and completed more than 10 national, ministerial (provincial) and municipal scientific research projects, presided over and completed more than 30 "digital city" and "smart city" application research and development projects, and won the national, provincial and municipal scientific and technological progress awards for many times.
PANEL DISCUSSION: Reviving China’s Consumption
David Zhang was appointed Executive Vice President and Executive Board Member of Nestlé Group, and CEO of Zone Greater China, effective from January 01, 2022. Zone Greater China is one of the five geographic zones of Nestlé Group, with 22 factories, 3 R&D centers, 5 product innovation centers and over 23,000 employees, represents CHF 5.4 billion in annual sales as of 2022.
David has worked in the pharmaceutical and FMCG industry for nearly 30 years, which has afforded him with extensive experience in finance, operation, sales, and management.
David started his career in 1995 as an Accounting Manager at Carrier Air-conditioner from 1995 to 1997, and then joined Yusai Cosmetics Ltd. in 1998 as Finance Manager. In 2000, he joined Wyeth as Finance Director of China Mainland & Hong Kong. Since 2009, he was appointed Finance Director of China Mainland & Hong Kong of Pfizer.
In 2012, David jointed Nestlé as Senior Operation Director of Wyeth Nutrition China of Nestlé Group. He was then promoted to Vice President of Grocery Retail Sales of Nestlé Greater China Region in 2015. Since 2017, he was appointed Chief Executive Officer of Shanghai Totole Food Ltd. and Business Executive Officer for Food in Nestlé Greater China.
David holds a bachelor’s degree in Economics from the University of
Shanghai Science and Technology and a master degree of Business Administration at the School of Management, Fudan (Hong Kong) University. He is also a Certified Public Accountant of China and a Fellow of CPA Australia.
David is married and has one son.
PANEL DISCUSSION: Sketching the Blueprint for Energy Transition
Senior Vice President, GCL Technology Holdings Co., Ltd.
NETWORKING BREAK
PANEL DISCUSSION: Turning ESG Promises into Actions
William Yu was appointed as President of Honeywell China in February 2022.He is responsible for driving Honeywell’s organic growth in China and building a strong talent pool across the board to support the company’s long-term “East-for-East (E4E)” strategy. William will work closely with the businesses to drive Key Strategic Accounts initiative at the C-Suite level to bring One-Honeywell solutions addressing the most critical needs of customers.
Before returning to Honeywell China, William held multiple leadership positions at Honeywell. He led the Honeywell Smart Energy business under the Honeywell Performance Materials and Technologies (PMT) - now known as Honeywell Energy and Sustainability Solutions, in the United States, serving as Global Vice President and General Manager. Prior to that, William led Honeywell China and PMT Asia Pacific businesses. William joined Honeywell in 2017 as Vice President and General Manager of PMT for Asia Pacific.
William brings to Honeywell a long track record of significant growth in multiple industries. He previously served as Senior Vice President and APAC President of Allegion, a global pioneer in safety and security solutions and a spin-off from Ingersoll Rand. Before that, William spent 16 years at Ingersoll Rand in several senior executive roles, including President of its Security Technologies and Residential Solutions business in Asia Pacific.
William is a renowned expert in Lean Six Sigma and serves as a Visiting Researcher and Professor at multiple universities including Shanghai Jiao Tong University and Shanghai International Studies University. He lecturers at the School of Management at Shanghai Fudan University and the School of Business at East China University of Science and Technology. He is also a member of the Shanghai Institute of Management Science and a Senior Member of the American Society for Quality. William has authored more than ten books on business management and Six Sigma practices.
William earned a bachelor’s degree in German from the University of Shanghai for Science and Technology and an Executive MBA from China Europe International Business School.
Cherry Zhu is currently president of Dow Greater China. She leads the strategic business growth, market development and financial performance for the region. She also plays a key role enhancing company's employee experience in Greater China and advancing a culture of inclusion and diversity.
Previously, Cherry was global product director for Dow Consumer Solutions responsible for leading Engineered Materials and Elastomers growth and managing business Profit & Loss.
Zhu joined Dow in 2001 as technical service & development engineer for Engineering Plastics in China. Since 2004, she had taken on various leadership roles, including product manager for glass bonding adhesives in Europe, Asia Pacific commercial director for Dow Automotive Systems, and Asia Pacific product director for Dow Elastomers.
Cherry earned her master's degree in Polymer Science & Engineering from Shanghai Jiao Tong University in 2000 and her MBA from Northwood University, USA in 2010. She stays with her family in Shanghai.
Cherry is the Board Member of Junior Achievement China, Executive Advisory Board Member ofCommittee of Multinationals of CPCIF, and Advisory Board Member of AICM.
Cherry was listed as "Top 100 Women in Business 2024" by Forbes China, and 2023 & 2024 "Most Powerful Women" by Fortune China.
ONE-ON-ONE
Getting good at coffee: The story of Starbucks’ new CEO
ONE-ON-ONE: Feeding the World with New Agricultural Technologies
PANEL DISCUSSION:
Ocean Economy: The New Blue Engine
Professor Xiaojun Yan is the leading scientist of marine biology from Zhejiang Ocean University. He is in the ranking list of Elsevier Scopus highly cited Chinese researchers continuously from 2014 to 2022. He is the awardee of numerous scientific prizes including the National Science Progress Award. In recent years, he is working on the innovative technology for marine fishery sustainable development.
CLOSING REMARKS
COCKTAIL RECEPTION AND AWARD CEREMONY
DINNER
PEARL RIVER NIGHT CRUISE