Future China Advanced Leaders Programme 2014 Commencement Ceremony: The beginning of a lifelong journey of connecting with China

30 May 2014

Future China Advanced Leaders Programme 2014 Commencement Ceremony: The beginning of a lifelong journey of connecting with China

Singapore, 30 May 2014 – Participants of the Future China Advanced Leaders Programme (FC-ALP) celebrated the completion of their three week long programme today with a Commencement Ceremony held at Swissotel Merchant Court Singapore. Gracing the dinner was Minister, Prime Minister's Office and Business China Board Adviser, Mr Lim Swee Say. Minister Lim conferred graduation certificates to this year’s cohort of 24 FC-ALP graduates, which comprised successful entrepreneurs, next generation business owners and C-suite executives. Business China Board Directors, Senior Minister of State, Ministry of Trade & Industry and Ministry of National Development Mr Lee Yi Shyan and Parliamentary Secretary, Ministry of Social and Family Development and Ministry of Culture, Community and Youth, Mayor, South West District, Ms Low Yen Ling were also present to witness this momentous occasion.

Attracted approximately 70 top management level participants since inauguration in 2012
Since its inception in 2012, the FC-ALP has equipped close to 70 highly qualified individuals with invaluable insights and insiders’ perspectives into the latest developments in China, preparing them to be “China-ready” and “China-savvy”. For three weeks in the past three months, this year’s cohort of 24 participants, who hailed from a diverse range of industry sectors including retail, real estate, aviation, automation, education, finance, F&B and professional services, embarked on a highly interactive journey to understand more about the various paradigms underpinning China’s developments.

Exploring untapped opportunities in China’s western region
During the second segment in April, participants visited three thriving cities along the Yangtze, namely Shanghai, Chongqing and Chengdu to further explore opportunities and developments in the western frontier of China. The delegation was led by Senior Minister of State Mr Lee Yi Shyan, and co-led by Business China Board Directors, Minister of State, Prime Minister’s Office and Ministry of Culture, Community and Youth, Mr Sam Tan and Parliamentary Secretary Ms Low Yen Ling. Local officials and industry partners shared abundant opportunities in Shanghai FTZ, Chongqing’s Liangjiang New Area and the Singapore-Sichuan Hi-tech Innovation Park (HTIP). In Chongqing, some 80 local business leaders attended an investment cum networking forum organised by FC-ALP in conjunction with Chongqing’s Commission of Foreign Trade and Economic Cooperation (COFTEC).

SMS Lee, in recognition of increasing economic linkages between Singapore and various Chinese western cities in recent years, remarked that, "Singaporeans may be more familiar with major cities like Beijing and Shanghai. However, economic progress in the western region presents many untapped opportunities for Singapore businesses. The FC-ALP provided a rare opportunity for participants to experience China’s west, and interact with business and political leaders in the cities visited. We believe that upon completion of the programme, they would be able to navigate the China market with greater insight and confidence."

Mr Chua Thian Poh, Chairman of Business China, said: “FC-ALP strives to provide participants with an insider’s perspective into China through curriculum rigor and relevance, as well as exclusive networking opportunities.” Mr Chua also remarked that the Future China Advanced Leaders Club initiated by the inaugural FC-ALP cohort, will continue to serve as a platform for the alumni to stay connected and forge closer bonds of friendship, thereby allowing them to identify potential business opportunities and achieve business success by leveraging mutual strengths.

Shaw Chair Professor and Dean of Nanyang Business School, Professor Ravi Kumar said: "Business success these days requires more than hard economic analyses and meticulously planned strategies. Nanyang Business School is honoured by the opportunity to help participants of the FC-ALP gain deep insights into the nuances of China’s business world as it is influenced by the country’s history, society, politics and culture. We look forward to the future successes that our FC-ALP graduates will accomplish with this fresh understanding of the business of China’s culture and the culture of business in China."

Mr Gan Chong Min, Managing Director of Raffles City China Fund, CapitaLand China, and also the class representative, professed that even with his years of experience in China, there remains much to be learnt. He said: “China is constantly evolving. The FC-ALP provides a learning platform for me to rethink and reflect on my knowledge of this truly amazing country. The knowledge that I gleaned from this programme is useful, practical and highly applicable. One of the key highlights of the programme includes exclusive networking opportunities with experienced business leaders, government officials, Business China’s Board Directors and FC-ALP’s alumni. I am certain that the new friendships and bonds of camaraderie forged with fellow participants will translate into long-lasting partnerships as we continue to engage China.”

Reiterating the relevance of the FC-ALP, Minister Lim Swee Say noted that, “Although our linguistic and cultural affinity gave us a head start with China, this advantage alone is not enough. It is, therefore, imperative that Singaporeans continue to augment our ability to engage China as part of our strategic vision to maintain global competitiveness and long-term economic vitality. The Future China Advanced Leaders Programme is part of these efforts to realise that vision. The FC-ALP combines the expertise of a highly-regarded institution, namely NTU’s Nanyang Business School and the commitment of Business China, a well-supported broad-based platform, to present an exceptional and challenging programme.”

First launched in 2012, the FC-ALP is the only senior executive business management programme in Asia to comprehensively address the complex dynamics between social, political, economic and cultural factors that are fuelling China’s rapid rise. Designed to provide an immersive and holistic learning experience, the Programme will give participants a comprehensive and first-hand understanding of doing business in China.

Detailed course dates for the FC-ALP as below:
Singapore: 17 – 21 March 2014
China: 20 – 26 April 2014
Singapore: 26 – 30 May 2014

Please refer to the following annexes for more information:
Annex 1 – Commencement Ceremony Programme Schedule
Annex 2 – List of Participants
Annex 3 – List of Lecturers
Annex 4 – Opening Address by Mr Chua Thian Poh
Annex 5 – Opening Address by Mr Chua Thian Poh (English Translation)
Annex 6 – Speech by Guest-of-Honour Minister Lim Swee Say

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For further enquiries, you may contact:
Deng Shiying (Ms)
Associate (Corporate Communications)
Business China
Tel: 6213 0412
Fax: 6842 2633
Email: shiying@businesschina.org.sg

Feisal Abdul Rahman (Mr)
Senior Assistant Director (Media Relations)
Corporate Communications Office
Nanyang Technological University
Email: feisalar@ntu.edu.sg
Tel: (65) 6790 6687
Mobile: (65) 9675 1517

About Business China
Business China was launched in November 2007 by our Founding Patron, Singapore’s Founding Prime Minister Mr Lee Kuan Yew and former Chinese Premier Wen Jiabao. We are a platform integrating language, economic and cultural elements. Our mission is to nurture an inclusive bilingual and bicultural group of Singaporeans through extensive use of the Chinese language as the medium of communication, so as to sustain our multi-cultural heritage, and to develop a cultural and economic bridge linking the world and China.

For more information, please visit http://www.businesschina.org.sg/en.php/

About Nanyang Technological University
A research-intensive public university, Nanyang Technological University (NTU) has 33,500 undergraduate and postgraduate students in the colleges of Engineering, Business, Science, and Humanities, Arts, & Social Sciences, and its Interdisciplinary Graduate School. It has a new medical school, the Lee Kong Chian School of Medicine, set up jointly with Imperial College London.

NTU is also home to four world-class autonomous institutes – the National Institute of Education, S Rajaratnam School of International Studies, Earth Observatory of Singapore, and Singapore Centre on Environmental Life Sciences Engineering – and various leading research centres such as the Nanyang Environment & Water Research Institute (NEWRI), Energy Research Institute @ NTU (ERI@N) and the Institute on Asian Consumer Insight (ACI).

A fast-growing university with an international outlook, NTU is putting its global stamp on Five Peaks of Excellence: Sustainable Earth, Future Healthcare, New Media, New Silk Road, and Innovation Asia.

Besides the main Yunnan Garden campus, NTU also has a satellite campus in Singapore’s science and tech hub, one-north, and a third campus in Novena, Singapore’s medical district.

For more information, visit www.ntu.edu.sg

About Nanyang Business School
Consistently ranked among the world’s premier business schools, NBS has been nurturing leaders for business and public service, advancing global management knowledge and practice for over 50 years. Our curriculum melds rigorous academic theory with real-world business practice, while our faculty leads global thought and research in several fields of business and finance. Our 37,000 alumni hold positions of responsibility in business, government and public service in 45 countries. At NBS, we believe that responsible leadership in business and government is crucial to securing a sustainable future for our world. Through teaching and research, we are grooming a new generation of leaders with the knowledge, skills and passion of pursuing lasting success that seeks not only economic profit but also the interests of the community and environment.

For more information, visit www.nbs.ntu.edu.sg