China’s economy is today more important than ever to the world’s economic activity. Yet pinpointing the exact rate and areas of China’s growth is becoming increasingly difficult, especially given the unreliability of official data. However, Cheung Kong Graduate School of Business Professor Gan Jie’s large-scale, micro-level company survey on China’s industrial economy – described as the first of its kind in China – sheds light on China’s economy and reveals some surprising answers. Join Professor Gan as she reveals her latest quarterly survey results, explaining both how the industrial sector is coping and what types of reforms could help ease China’s transition, while previewing what lies in store for China’s economy in 2016.
DATE: Wednesday December 9
VENUE: Grand Kempinski Hotel Shanghai, 1288 Lujiazui Ring Road, Pudong, Shanghai
ORGANIZERS: CKSGB & European Chamber of Commerce (Shanghai)
12:00-12:30 Registration and lunch
12:30-13:15 Presentation of 2015 Q3 report and 2016 outlook by Professor Gan Jie
13:15-14:00 Q&A with audience
FEE: EuroCham members: RMB 100, Non-members: RMB 200, CKGSB Alumni & Media: Free
REGISTRATION: Seating is limited so please register by contacting Mark Dreyer at (010) 8518-8858 ext. 3116 or firstname.lastname@example.org
ABOUT THE SURVEY
Billed as the first micro-level company survey of its kind in China, CKGSB Finance Professor Gan Jie’s ground-breaking quarterly survey aims to shine a light on China’s industrial sector through a large-sample firm survey that is far more detailed than others to date and so provides China watchers with highly reliable insights.
In her latest quarterly report, Professor Gan outlined two main challenges facing the industrial sector: weak demand and rising costs. She also found that, contrary to conventional wisdom, financing is not a bottleneck for the sector, with the vast majority of firms reporting that they do not have the need for capital.
Her new report will wrap up not only Q3 of 2015, but also propose recommendations based on the findings, advising the government what policies she thinks China should adapt in order to advance the economy.
ABOUT THE SPEAKER
Gan Jie is Professor of Finance and Director of the Research Center on Finance and Economic Growth at the Cheung Kong Graduate School of Business (CKGSB) in Beijing. She received her Ph.D. from MIT and was previously a professor at HKUST and Columbia Business School.
Professor Gan has published extensively on banking and finance issues in top academic journals, and currently authors a groundbreaking, large-scale quarterly survey on China’s industrial economy. In 2010, she was runner-up in the prestigious Brennan Awards for Best Paper and has received several teaching awards. Her research works and articles on her teaching have also featured in the Financial Times, the Economist, the Wall Street Journal and many others.
In addition to her academic credentials, she also has extensive industry experience. Prof Gan worked for CRA International, one of the largest finance and economics consulting firms in the US, for two years, where she covered company valuation, security fraud, and anti-trust in a range of industries including financial services, consumer goods and energy. She is currently a director for DJI Innovations and Rega Capital Management.