The event site was packed with distinguished guests, including representatives from the government, academic associations, capital institutions, industry leaders, mainstream media, and higher education institutions, as well as employee representatives of Frost & Sullivan. Mr. David Frigstad, Chairman of Frost & Sullivan's Global Board of Directors, Mr. Aroop Zutshi, President of Frost & Sullivan's Global Operations, Ms. Zhao Yan, Chairman of Huaxi Biotechnology, Mr. Yang Guoping, Chairman of Shanghai Volkswagen Public Utilities Group, and Dr. Wang Xin, Partner of Frost & Sullivan's Global Practice and President of Greater China, delivered speeches at the event respectively.
The appointment ceremony for the Frost & Sullivan Growth Strategy Expert Committee was held at the celebration site. It is reported that the professionals appointed as members of the Frost & Sullivan Growth Strategy Expert Committee include more than 20 industry leaders and experts, including Mr. Yang Guoping, Chairman of Shanghai Volkswagen Public Utilities Group; Dr. Hu Jiguang, Managing Director of UBS Securities and Head of China's Investment Banking Department; Mr. Bi Shunjie, Partner in Charge of Ernst & Young Greater China Business; Ms. Wang Jie, Chairman of Guokong Chuangfu; Ms. Yu Xin, General Manager of New Fortune Group; Mr. Cheng Jie, Managing Director of CITIC Securities and Global Head of Healthcare at Global Investment Banking; Mr. Huang Yong, President of the Procter & Gamble Alumni Association and Founding Partner of the Porsche Innovation Consumer Fund; Mr. Fan Yin, Executive Vice President and Managing Director of Jindu Industrial Investment Fund Management Co., Ltd.; Mr. Xu Lei, Partner and Committee Member of Nanfeng Capital Co., Ltd.; Ms. Luo Xiaoqin, Deputy Director of the Organizing Committee for the Boao Forum on Global Health; Mr. Zhao Xiaoguang, Vice President of Tianfeng Securities and Director of the Tianfeng Securities Research Institute; Ms. Hong Yingli, Founder and Vice President of the Amrita Art Foundation; Dr. Shen Lifeng, External Director of Shenzhen Special Economic Zone Construction and Development Group and Deputy Secretary-General of the Hong Kong International Investment Council; Mr. Tang Zhenyi, Vice President of SenseTime Technology; Mr. Zhang Landing, CEO of Silya Investment; Mr. Liu Zhi, Founder of Dulongyi Catering Group; Mr. Wang Guangji, Academician of the Chinese Academy of Engineering; Mr. Liu Shaoqiang, Managing Director of Dzeng Capital; Professor Wang Yu from the Vanke School of Management at Tsinghua University and Expert Advisor to the Boao Forum on Global Health; Ms. Zhao Yan, Chairman of Huaxi Biology; Ms. Zhao Xinhong, Executive Partner of the China Management Committee of King & Wood LLP; Mr. Meng Yi, General Manager and Vice President of HSBC Global Banking in China.
Insight into global technology trends and foresight into the future development of China
It is worth mentioning that Frost & Sullivan launched a series of heavyweight research findings at the event, including 'The 60 Technologies Driving Global Growth', 'Global Technology and Application Trends Outlook', released globally by Frost & Sullivan, as well as the 'White Paper on Insights into China's Industrial Trends for the Next 50 Years', jointly released by Frost & Sullivan in China with LeadLeo Research Institute.
Latest:"The 60 Technologies Driving Global Growth"
Mr. Wang Chenhui, Partner-in-Chief and Managing Director of Frost & Sullivan Greater China, and Mr. Yang Xiaocheng, Partner-in-Chief and Managing Director of Frost & Sullivan Greater China, jointly released the 'Top 60 Technologies Driving Global Growth' on behalf of the firm.
It is reported that since 1962, Frost & Sullivan has been at the forefront of identifying, analyzing, and monitoring emerging technologies and markets. Subsequently, they have been tracking and understanding the world-changing top 50 technologies every year to drive sustainable growth for their enterprise clients. This year, Frost & Sullivan has particularly launched a map of "The 60 Global Leading Technologies," which covers core insights into the world's leading technologies in nine sectors: environment and sustainability, energy and public utilities, chemistry and new materials, information and communication technology, high-end manufacturing and automation, sensors and instrumentation, health, medical devices and impact, and microelectronics. The report aims to analyze overall industry trends, technical analysis and prospects in sub-sectors, and focus on market dynamics of advanced technologies within the rapidly developing technological environment.
Latest:"Global Technology and Application Trends: Prospects and Outlook"
Mr. Lu Jing, Partner and Managing Director of Frost & Sullivan Greater China, and Mr. Jia Pang, Partner and Managing Director of Frost & Sullivan Greater China, jointly released the 'Global Technology and Application Trends Outlook'. The report conducts an in-depth research and interpretation on emerging technologies that promote work efficiency from 2020 to 2025, discussing trends in technology connectivity and integration, AI, automation and robotics, as well as cybersecurity trends. It provides strategic advice and predictions for each trend from 'macro to micro'.
The report concludes with an analysis and summary of industry application scenarios for each trend, leading to the following three major predictions:
1. AR will completely transform how people work in the past, and in the future, it will overlay virtual information onto the real world. The benefits include faster design and prototyping, more vivid dynamic demonstrations and marketing, as well as more convenient access to information;
2. Artificial intelligence will greatly accelerate the process of data analysis and improve the performance of robot software. These advancements will increase the level of automation in workplaces, allowing employees to spend more time engaging in activities that require more creativity and emotional skills;
3. As digital connectivity becomes a common communication method, network security represents the next important requirement for enterprises, and almost all businesses and workplaces must implement network security strategies.
Latest:"Insights into China's Industrial Trends for the Next 50 Years"
2021 is a milestone year, marking not only the centenary of the founding of the Communist Party of China and the completion of building a moderately prosperous society in all respects, but also the beginning of China's 14th Five-Year Plan. Against this backdrop of a new starting point and a new journey, amidst the critical historical period of a century-old transformation and the superposition of a century-long pandemic, facing an external economic and political environment that is complex and changeable, as well as the challenges of internal economic transformation and upgrading, how China will position itself at the new development stage, implement the new development concept, and construct a new development pattern has become an important factor driving changes in the global economic landscape and international relations.
"Among a hundred boats racing, the one that rows vigorously is the first," as an important witness and participant in the development of the global and Chinese economic landscape, Frost & Sullivan, in collaboration with LeadLeo Research Institute, jointly released the "White Paper on Industry Trends Insights for China's Next 50 Years." The report interprets the development trends and opportunities of five core industries in China over the next 50 years from an industry perspective. Starting from dimensions such as macro environment, current development status, industry pain points, supply and demand environment, and development trends, the report summarizes and analyzes the development opportunities and challenges of the five core industry sectors in China over the next 50 years through research and analysis of fields related to artificial intelligence, manufacturing, healthcare, mass consumption, and carbon neutrality in China. Focusing on hot industry issues, the report deeply analyzes China's value contributions in the fields of artificial intelligence, manufacturing, healthcare, mass consumption, and carbon neutrality in the future. Based on a review of the history of China's industry's intelligent upgrading and green transformation, it explores the development direction of China's core industries in the future. This white paper was jointly released by Ms. Ding Zhuowen, Managing Director of Frost & Sullivan Greater China, and Mr. Li Zheng, Dean of LeadLeo (Shenzhen) Research Institute, on the day of the celebration.
Deeply cultivating knowledge services to empower enterprises and steadily creating social value
In 1998, Frost & Sullivan officially entered the Chinese market. This year marks the 60th anniversary of the global establishment of Frost & Sullivan and also the 23rd year of its service to the Chinese market.
Dr. Wang Xin, when talking about the opportunity for Frost & Sullivan to enter China, recalled: 'In 1998, Frost & Sullivan officially entered China. At that time, China was in the midst of vigorous reform and opening up and was about to join the WTO. This was a once-in-a-lifetime historical opportunity. China was about to rapidly integrate into the global economy, and its economic development was about to enter a fast lane. Frost & Sullivan saw this once-in-a-lifetime good opportunity and chose to enter China at this time. The reason Frost & Sullivan is optimistic about China is that it has particularly strong comprehensive national strength.'China is at the forefront of various aspects such as sports, economy, innovation and technology, health, culture and education in the world. This has also brought great confidence, determination and courage to Frost & Sullivan to establish a long-term presence, take root in China and serve the Chinese market."
Regarding the next phase of development strategy for Frost & Sullivan China, Dr. Wang Xin stated, 'Over the past 23 years, the Frost & Sullivan Greater China region has leveraged its global linkage capabilities to help a large number of Chinese enterprises enter international capital markets and also to assist a large number of domestic and international investment and financing institutions in understanding and investing in Chinese enterprises. However, from an international comparison perspective, in 2020, China's service industry accounted for 54.5% of GDP, slightly lower than Russia (56.3%), while the United States had as high as 81.5%, with both the UK and France also exceeding 70%. In the long run, China's service industry has broad development potential, and its position in the economy will continue to rise in the future. The country advocates for the standardization and branding construction of the service industry, and Shanghai vigorously develops knowledge-intensive services. This represents an excellent historical opportunity for the Frost & Sullivan Greater China region.'We will base ourselves on China, provide long-term services, and delve into global capital markets and corporate consulting services. We offer a comprehensive range of investment and financing as well as various other professional consulting services for enterprises, including industry advisory, technology advisory, financial advisory, due diligence, strategic consulting, management consulting, planning consulting, evaluation services, valuation services, etc., empowering the economy, industries, sectors, and countries with our professional knowledge."
When referring to a company's social responsibility, Dr. Wang Xin introduced: 'Since its establishment, Frost & Sullivan has always been focused on fulfilling our commitment to growth and giving back to society.'We hope that in the future, we can continue to provide comprehensive resource support to outstanding enterprises through the 'Pilot Program', accompanying them in their growth over the long term. We will also continue to pay attention to the learning and development of teenagers in remote areas, aiming to help more students from impoverished areas change their destiny with knowledge, create a better future, and jointly move towards a prosperous tomorrow."
The 60th anniversary celebration has come to a successful conclusion, but the new journey of Frost & Sullivan has just begun. Taking this thanksgiving banquet as an opportunity, Frost & Sullivan expressed gratitude to all partners, customers, and employees, conveyed the intention to continue working together for mutual benefit, and looked forward to walking hand in hand in the future to create more brilliance!
