SPRIE Hosts China 2.0 Beijing Forum Featuring Keynotes by Gary Locke & Joseph Chen
The Stanford Program on Regions of Innovation and Entrepreneurship (SPRIE) of the Stanford Graduate School of Business hosted a China 2.0 Forum in Beijing on Friday, April 12, 2013 at the Stanford Center at Peking University (SCPKU).
Gary Locke, U.S. Ambassador to the People's Republic of China, delivered the opening keynote on "China and the Global Digital Economy," and Joseph Chen, Chairman and CEO of Renren, Inc., delivered the closing keynote on multiplying your impact in business and philanthropy.
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| Left to right: Hans Tung of Qiming Ventures, Annabelle Yu Long of Bertelsmann, DONG Lu of La Miu, and Ming LEI of Kuwo, Inc. engaged in the "Fueling Firm Growth: VC & Entrepreneur Dialogue" panel discussion. |
While ample capital was raised in recent years, China's VC and PE markets are now facing a flight to quality. Exits are constrained both in China and abroad. At the same time, rapid changes in social, mobile, analytics, and cloud are changing the landscape for business models and strategy. Which ideas and entrepreneurs in China will break out and why? Will the shift to mobile platforms challenge incumbent players and unlock a new generation of digital economy powerhouses? How are developments in China connected with the global digital economy?
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| ZENG Ming of Alibaba Group (left) and Alex Cheng of Baidu (right) speaking on "Big Data: A New Frontier." |
This invitation-only event brought together current and rising leaders from China’s tech, entrepreneur, and investor communities to discuss these questions and more in the following three sessions:
- "Big Data: A New Frontier"
- "Mobile Apps: The Next $100+ Billion Market?"
- "Fueling Firm Growth: VC and Entrepreneur Dialogue"
The panels and interactive discussions included founders, senior executives or leaders from Alibaba, AppAnnie, Baidu, Bertelsmann, Evernote, GSR Ventures, Kuwo, La Miu, Qiming Ventures, RedAtoms and Stanford University. The audience included leaders from the fields of tech, investment, law and academia, including many Stanford alumni not only from Beijing, but also Shanghai, Hong Kong and beyond. Also present were journalists from publications ranging from the Wall Street Journal to the Chinese Business Journal.
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| Left to right: Richard Lim (moderator) of GSR Ventures, Amy Gu of Evernote, David Liu of RedAtoms, and Junde YU of App Annie engaged in the "Mobile Apps: The Next $100+ Billion Market?" panel discussion. |
Attendees were also briefed on a recent Stanford University study on alumni entrepreneurship, and China 2.0 Forum co-chairs Marguerite Gong Hancock, Associate Director at SPRIE, and Duncan Clark, Senior Advisor to SPRIE, announced new research led by SPRIE on entrepreneurship patterns in China.