Digital Revolution in China


Friday, November 14, 2014


11:45 am – 2:00 pm


Federal Reserve Bank of San Francisco
101 Market Street
San Francisco, CA94105

Price (includes lunch): $50.00 Registration closes: November 4, 2014

Discussion: 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 Chinese companies are making the leap from outdated production models, creating new markets in finance and e-commerce, and entering new sectors to compete head to head with advanced industrial economies.

Please join the Asia Society and Federal Reserve Bank of San Francisco for a panel featuring leading analysts and businesspeople for a discussion of China’s digital transformation.

About the Moderator and Speakers:

Saurabh Chopra, Vice President, Corporate Strategy, Visa

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

Jonathan Woetzel, Director, McKinsey & Company (Shanghai Office) and McKinsey Global Institute in Asia

Richard Yorke, Executive Vice President and Head of International Group, Wells Fargo & Company