Thank you for attending the third annual POWER Shanghai program. We want to thank our presenting sponsor, Lear, for supporting POWER programming. Also, thanks to ITW for opening the doors to China in 2013, and to Lloyd’s and CMS, our new Shanghai sponsors. Special thanks to our POWER Shanghai Advisors: Ulrike Glück, Linda Di, Liza Mark and Anne Bark. Also, to the Grand Hyatt Shanghai team and our program volunteers, thank you for all the behind-the-scenes work that made this year’s program a resounding success. To our speakers and participants, thank you for contributing to a rich and thought-provoking exchange on leadership and China’s business landscape for the years ahead. The participant table discussions and reports added immense value, and we thank the table engagement leaders for their talented guidance. Takeaways Leading in a Global Economy Keynote Speaker Mingming Liu Vice President, Global Technology & Business Development, Sinar Mas Group • As leaders, we should make use of our unique perspectives. We all have different logic and angles and viewpoints that are valuable. • Our intuition is beyond the data: we have vision and an ability to predict. This is from nature and inborn. If you use your feelings correctly, you can see beyond the data. With feeling and intuition, you can catch opportunities faster and earlier. • Don't be afraid to take risks. Lead a cross-cultural team and you will have different experiences from different points of view. Don’t be traditional. Be an entrepreneur to succeed. Keynote presentation > 13th Five-Year Plan: Which Way is China Headed and What’s Next? Keynote Speaker Yan Mei Senior Partner, Brunswick Group • The G20 summit put China’s leadership into the limelight, focusing on what solutions global leaders can provide to speed up the slowing economy. A key message from the leaders is that we need to focus on policies that support growth through innovation. • The five-year plan reframed the new normal. The goals are challenging. Poverty alleviation alone will prove an extremely tough goal to accomplish. • The issue with SOE reformation under the five-year plan is not about whether it is difficult to shut down the SOEs. There’s a larger issue. The society has yet to understand all of the lay-offs that will occur and take in all of these realities. It’s a harmonious society, and in that way, businesses and SOEs alike face real challenges. It’s a very daunting task for the government to balance the equation of how to reduce the role of SOEs while maintaining the current harmony in society. Keynote presentation > Finally, thank you to our policy panelist Andrew Dougherty for sharing his musical parody with our group. It was a great hit! Title: We Love Our FAI Artist: Andrew Dougherty Leading in a Global Economy (L to R): Deirdre Joy Smith, Founder and CEO, POWER: Opening Doors for Women; Linda Di, Director, Human Resources, Tesla Motors, APAC; Liza Mark, Chief Representative and Administrative Partner, Haynes and Boone; Mingming Liu, Vice President, Global Technology & Business Development, Sinar Mas Group; Shari Burgess, Vice President, Treasurer and Chief Diversity Officer, Lear Corporation; Bee Chun Boo, Partner, Beijing Office, Baker & McKenzie; Ulrike Glück, Managing Partner, CMS; Grace Gu, Regional Head of Marketing & Communications, Greater China, Lloyd’s 13th 5-Year Plan: Which Way is China Headed and What’s Next? (L to R): Jeongmin Seong, Senior Fellow, McKinsey Global Institute; Jenny Tyldesley, Consul Economic, British Consulate in Shanghai; Deirdre Joy Smith, Founder and CEO, POWER: Opening Doors for Women; Andrew Dougherty, China Economist and Research Director, Capital Strategy Research, Capital Group; Ioana Kraft, General Manager, Shanghai Chapter, European Union Chamber of Commerce in China; Yan Mei, Senior Partner, Brunswick Group; Liza Mark, Chief Representative and Administrative Partner, Haynes and Boone We look forward to seeing you in September 2017! Sincerely, Deirdre Joy Smith, Founder and CEO, & the entire POWER team POWER: Opening Doors for Women® SPONSORS If you do not want to receive future emails from {[P-FIRST NAME]} {[P-LAST NAME]}, go to: {[EMAIL OPT OUT]}.