PARTNERSHIP FOR NEW YORK CITY
New York, New York
April 7, 2011
Mayor Bloomberg appears at a series of meetings focused on encouraging
New York and China-based companies to develop relationships and
invest in New York
Today Mayor Bloomberg joins the Partnership for New York City in welcoming more than 50 top Chinese CEOs to New York for the second annual China-US Business Leaders Roundtable. The series of discussions, hosted by Duncan L. Niederauer, Chief Executive Officer of NYSE Euronext, is being held at the New York Stock Exchange on Wall Street. The closed-press event focuses on the international importance of China’s booming business community and on promoting relationships that will result in economic development in New York and across the country.
Headlining the U.S. delegation are Frank A. Bennack, Jr., Vice Chairman & CEO, Hearst Corporation; Leon Black, Founding Partner, Apollo Management, L.P.; Cristóbal I. Conde, President & CEO, SunGard; Douglas Durst, Co-President, Durst Organization Inc.; Roger W. Ferguson, President & CEO, TIAA-CREF; William P. Lauder, Executive Chairman, The Estée Lauder Companies, Inc.; Shelly Lazarus, Chairman, Ogilvy & Mather Worldwide; Raymond W. McDaniel, Jr., Chairman & CEO, Moody’s Investors Service; Kenneth D. Moelis, Chief Executive Officer, Moelis & Company; Charles E. Phillips, Jr., Chief Executive Officer, Infor; Stephen M. Ross, Chairman and CEO, The Related Companies, L.P.; Wilbur L. Ross, Chairman & CEO, WL Ross & Co. LLC; Jerry I. Speyer, Chairman and Co-CEO of Tishman Speyer; Robert Thomson, Editor-in-Chief, Dow Jones & Company and Managing Editor, The Wall Street Journal; Mortimer B. Zuckerman, Chairman, Boston Properties.
A complete attendee list is attached. (PDF 257K)
The Chinese leaders are members of the China Entrepreneurs Forum, an organization of the CEOs of the country’s top private enterprises, led by Lawrence Y. Tian and Dongsheng Chen. Included in the group are the heads of China’s largest corporations, in the finance, real estate, manufacturing, media and technology sectors.
A complete list of Chinese executives is attached. (PDF 3.46MB)
Co-sponsoring the meetings is China Center New York, an affiliate of Beijing Vantone Holdings, and the first private commercial tenant to lease space in the new One World Trade Center. The China Center, which has opened a marketing office at 7 World Trade Center, will be a business and cultural facility that provides conference and office space, as well as business assistance, to Chinese companies seeking to establish a presence in New York.
Roundtable events include:
A full agenda is attached. (PDF 64K)
“The roundtable provides a forum for business leaders to come together and discuss solutions to common challenges,” said Lawrence Y. Tian, Founder and Chairman of China Entrepreneurs Forum, a key organizer of the event. “It not only promotes cooperation between businesses in China and the US, but is helpful in advocating for regulations that promote the growth of American and Chinese companies. “
“China’s emergence as the world’s second largest economy underscores the need for strong relationships between companies in New York and China,” said Kathryn Wylde, President & CEO of the Partnership for NYC. “Today’s discussions are critical to helping New York maintain its role as a leading capital of global finance.”
“The in-depth conversations between Chinese and American CEOs are what make the China – US Business Leaders Roundtable so successful,” said Xue Ya, President of the China Center. “Our ability to connect CEOs has resulted in business deals and ongoing collaborations.”
“We hope the roundtable will serve as a platform for long-term exchanges between American and Chinese entrepreneurs,” said Ning Yuan, Chairman of China General Chamber of Commerce, a co-sponsor of the event.
Also co-sponsoring the event is the China-US Business Leaders Roundtable Foundation.
The New York-China business relationship is already strong and continuing to grow. Several of China’s largest companies have their U.S. headquarters in New York City. Sixty-eight Chinese companies are listed on the New York Stock Exchange. China is the largest trading partner for the seaport of New York and New Jersey, accounting for nearly 30 percent of the port’s total import and export activity.
The Partnership for New York City’s mission is to engage the business community in efforts to advance the economy of New York City and maintain the city’s position as the center of world commerce, finance and innovation. Through the New York City Investment Fund, the Partnership contributes directly to projects that create jobs, improve economically distressed communities and stimulate new business creation. Partnership companies account for nearly 7 million American jobs and contribute over $740 billion to the national GDP.
The China Center is a business service center that seeks to support and advance a positive relationship between China and the United States, both key players in shaping the economic and political future of the world, by facilitating business exchanges between parties on both sides. The Center serves as the gateway to China for U.S. companies as well as the unequivocal center of Chinese corporate and cultural life in New York City. The China Center is subsidiary of Beijing Vantone Industrial Co., Ltd. Its home will be on five prime floors of 1 World Trade Center.
The China Entrepreneurs' Forum (CEF) is the leading and most influential community of China's most distinguished and successful entrepreneurs and business leaders with over 500 members from across a variety of key industries in China from finance and banking, real estate, investment, manufacturing, advanced technology and the internet. The CEF has successfully held 11 CEF annual conferences and six Summer Summits since 2001. Today, both the annual conferences and the summer summits have become two of the most important events which attract great attention, participation and enormous interest from mainland-based entrepreneurs, as well as those from Hong Kong, Macau and Taiwan. The influence of CEF events continue to be headlined in all the main financial media across China.