28 August 2013
Mochtar Riady building, Room #3-7
NUS Business School

National University of Singapore

15 Kent Ridge Drive Singapore 119245

About the keynote speaker

Professor Weiying Zhang graduated with a bachelor degree in 1982, and a master degree in 1984, both from Northwestern University at Xi'an. He received his M.Phil. in economics in 1992 and D.Phil. in economics in 1994, both from Oxford University. He was the first Chinese economist to propose the "dual-track price system reform" (in 1984), which had fundamental impact on the post-1985 price liberalization policy in China.

Professor Weiying Zhang's research interest include industrial organization, corporate governance, information economics, and Chinese economic reform. His papers have appeared in international journals such as Journal of Economic Behaviour and Organization, Journal of Comparative Economics, China Economic Review, and Review of Development Economics. He has been widely regarded as a "leading market liberalist" in China for his pro-privatization, pro-liberalization and anti-regulation, and an authority of the theory of the firm and ownership reform in China.

Since 2001, he has served as the chief economist of China Entrepreneurs Forum. His past services include: a member of the Advisory Board on Enterprise Reform for State Commission for Restructuring Economic System; a consultant to the Department of Enterprises of the State Economic and Trade Commission; and a local consultant to the World Bank Project on Chinese State-owned Enterprises reform. He also serves as an Independent Board Director of Pudong Development Bank. In 2011, he received the China economic innovation award for his contribution to the dual-track price reform.


H.E Dang Huy Dong, Vice Minister, Ministry of Planning and Investment (Vietnam)
Mr Ignasius Jonan, CEO, Indonesia Railways
Mr Liew Mun Leong, former Capitaland CEO and Provost's Chair Professor (Practice) NUS Business School

Moderated by: Associate Professor Lan Luh Luh, NUS Business School

Event Summary

"What does success look like for state-owned firms?" - a theme that resonated at CGIO's latest roundtable, held at NUS Business School on Wednesday, 28 August 2013. The roundtable saw over 50 professionals and C-level executives across various industries come together to listen to a diverse group of speakers who deliberated key themes around state-owned enterprises and government-linked companies. The event was also graced by H.E Tran Hai Hau, Ambassador of Vietnam.

Professor Weiying Zhang delivered his keynote presentation, followed by academic presentation by Professor Edmund Malesky, Duke University, and Professor Markus Taussig, NUS Business School. Thereafter, an invigorating panel discussion ensued with the distinguished panelists.  All panelists shared with the audience their personal experiences and thoughts on how they managed and grew their SOEs. Participants attended the post-roundtable networking session, and continued discussing the challenges raised and debated during the roundtable.

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