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Hua Yuan Science and Technology Association to Debate China as the Next Center of the Global Economy at 2011 Annual Conference and U.S.-China CEO Summit
Silicon Valley’s largest annual China-focused technology event to host more than 2,000 attendees, discussing Chinas impact on the global economy and its increasing influence
 
Invitation-only CEO Summit brings together more than 20 CEOs and executives from China and Silicon Valley’s top IT companies, including Huawei, Tencent, Shanda, Cisco, Microsoft and Yahoo!
 
Silicon Valley, California – September 27, 2011 - Hua Yuan Science and Technology Association (HYSTA), the leading association for Chinese entrepreneurs and professionals in Silicon Valley, announced today that its 2011 Annual Conference titledChina, the Next Center of the Global Economy? will be held at the Santa Clara Convention Center on Saturday, October 1, 2011. The conference will be followed by a U.S.-China CEO Summit to be held at Pebble Beach, Calif. on October 2-3, 2011. The Annual Conference will be open to the public, while the CEO Summit will be invitation-only.
 
The HYSTA Annual Conference, expected to draw more than 2,000 participants this year, brings together leading entrepreneurs, executives and venture capitalists from both the United States and China to discuss China’s influence on the global economy and its readiness to take the center stage.  
 
“China’s growing sway over the global economy has attracted significant attention, especially in terms of corporate strategy. At HYSTA, we are ready to talk about whether China can shoulder the responsibility of being at the epicenter of worldwide commerce,” said Weijie Yun, president of HYSTA, co-chair of the conference and co-founder of Telegent Systems Inc. “With a deep understanding of the nuanced business practices and strong industry connections in both the United States and China, HYSTA is in a unique position to address that topic and offer an unrivaled perspective to our audience.”
 
Close to 60 of the most celebrated technology executives, entrepreneurs and venture investors in today’s technology industry will be in attendance speaking to China’s economic power from different points of view. Among HYSTA’s distinguished speaking panel are CEOs, CTOs, VPs and co-founders from leading technology companies such as VMware, Tencent, Huawei, Yahoo!, Cisco, Salesforce.com, PDI/DreamWorks, Shanda Interactive Entertainment, Qunar.com Inc., Symbio, iSoftStone, hiSoft, VanceInfo, and venture capitalists and investors from top firms such as GSR Ventures, DFJ Dragon, Sierra Ventures, Walden International, The Hina Group, China Capital Group, Keystone Ventures and the Mingly China Growth Fund.
 
Among HYSTA’s unique offerings, attendees can take part in an innovation and leadership track featuring successful leaders of Chinese and global corporations who will discuss the differences in startups, innovation, leadership and career development between China and the Silicon Valley. An investment track will tackle the current issues in venture investment, IPO and M&A trends, particularly as they relate to the next investment boom in China. A final track will focus on social media, mobile applications and outsourcing activities taking place in China.
 
The HYSTA CEO Summit, as part of HYSTA’s Annual Conference, gathers top executives from both Silicon Valley and China for a high-impact event. This year more than 20 well-known CEOs and presidents from China’s top IT companies will visit the Bay Area with nearly 30 local senior executives. While at the CEO Summit, executives can exchange insights about the economy and industry outlook within and outside China and discuss topics such as globalization, industry trends, investments and pending business opportunities.
 
“The HYSTA CEO Summit offers leading executives from both the Silicon Valley and China the rare chance to compare notes in an intimate and relaxing atmosphere.” said Ken Xie, co-chair of the CEO Summit and founder, president and CEO of Fortinet, Inc.In the past, we have seenmany important business deals forged at the CEO Summit. We have full confidence that this year’s summit participants will continue to build lasting business connections and relationships.”
 
Confirmed participants include top executives of many leading Chinese and American technology firms, including Huawei, Tencent, Shanda, Cisco, Microsoft, Yahoo!, Salesforce.com, Fortinet and more.
 
LOCATION:
2011 Annual Conference
Santa Clara Convention Center
5001 Great America Parkway
Santa Clara, Calif. 95054
 
2011 CEO Summit
Pebble Beach, Calif.
 
For a full program agenda, registration and more updated information about HYSTA’s 2011 Annual Conference and CEO Summit, please visit www.hysta.org.
 
About Hua Yuan Science and Technology Association
Hua Yuan Science and Technology Association (HYSTA) is a leading Chinese professional association in United States. Founded in 1999 by a group of successful Chinese entrepreneurs, HYSTA aims at nurturing entrepreneurship and career development among Chinese technology and business professionals and facilitates networking and the exchange of business ideas between Silicon Valley and China.
 
 
Media Contacts
 
Amanda Crnkovich
The Hoffman Agency
 
Hua Yang
HYSTA
 
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Sponsors

*Alibaba Group* (www.alibaba.com) makes it easy for anyone to buy or sell online anywhere in the world. We are a family of Internet-based businesses that encompasses business-to-business trade- Alibaba.com, retail- Taobao, payment- Alipay, business management software- Alisoft and classified listings-Yahoo! Koubei. The Group was founded in 1999 by Jack Ma, a pioneer who has aspired to help make the Internet accessible, trustworthy and beneficial for everyone. The privately held Alibaba Group reaches Internet users in more than 240 countries and regions, and employs 12,000 people in more than 40 cities in mainland China as well as in Hong Kong, Taiwan, London and Silicon Valley. 

Alibaba Group

Baidu, Inc. (Baidu), incorporated on January 18, 2000, is a Chinese-language Internet search provider. Baidu serves three types of online participants, which include users, customers and Baidu union members. The Company offers a Chinese-language search platform on its Website Baidu.com. It provides Chinese-language Internet search services to enable users to find relevant information online, including Web pages, news, images, documents and multimedia files, through links provided on its Websites. It designs and delivers its online marketing services primarily on its Baidu.com Website to its online marketing customers. During the year ended December 31, 2011, it had approximately 488,000 active online marketing customers. Its online marketing customers consist of small and medium enterprises (SMEs) throughout China, large domestic companies and Chinese divisions or subsidiaries of large, multinational companies.

Baidu

Bing.com (www.bing.com) is designed to help people overcome search overload and make faster, more informed decisions when searching online. No longer satisfied with the status quo of search, Microsoft designed Bing as a Decision Engine to provide people with intelligent search tools to help them simplify tasks and make more informed decisions, from simple decisions like choosing the fastest route to get home to more complex ones like researching a product purchase or planning a trip.

Bing

ChinaRock Capital Management (CRCM) (www.chinarockcapital.com) has offices in San Francisco, Shanghai and Hong Kong and has been investing in private deals in China since 2004.  Our past private investments included E-house(NYSE: EJ), Yingli(NYSE: YGE), Allyes(Nasdaq: FMCN), Youku(NYSE: YOKU) etc.  CRCM’s Venture Capital team works closely with the Hedge Fund team, so as to leverage our public investment network and domain knowledge to source investments, to aid during due diligence, to be a value-added partner to portfolio companies, and to facilitate exits. We generally invest during the early stage of a company’s startup phase.

From our offices in Beijing, Brussels, London, New York, San Diego, San Francisco, Seoul, Shanghai, Silicon Valley, and Washington, we practice as one firm, holding closely to core values that start with a deep commitment to our clients and the quality of our work on their behalf, and that include an emphasis on teamwork among our lawyers and other professionals and a belief in the obligation of lawyers to make legal services available to all who need them.  www.cov.com

Covington

Cyberport (www.cyberport.hk/en) is a creative digital community with a cluster of technology and digital content tenants.

It is managed by Hong Kong Cyberport Management Company Limited which is wholly owned by the Hong Kong SAR Government.

With a vision to establish itself as a leading information and communications technology (ICT) hub in the Asia-Pacific region, Cyberport is committed to facilitating the local economy by nurturing ICT industry start-ups and entrepreneurs, driving collaboration to pool resources and create business opportunities, and accelerating ICT adoption through strategic initiatives and partnerships.

Equipped with an array of state-of-the-art ICT facilities and a cutting-edge broadband network, the Cyberport community is home to four grade-A intelligent office buildings, a five-star design hotel, and a retail entertainment complex. 

Cyberport

DCM, an early stage venture capital firm, has been helping entrepreneurs build world class technology companies since 1996. The firm's partners manage seven funds totaling greater than US$2 billion, and have made investments in more than 200 technology companies across the United States and Asia. With offices in the Silicon Valley, Beijing and Tokyo, DCM provides hands-on operational guidance and a vast network of global business and financial resources to its portfolio companies. DCM was ranked #6 among global Venture Capital firms by Red Herring and was named 2011 China Venture Capital Firm of the Year by Asian Venture Capital Journal.

DCM

In the United States, Deloitte LLP and its subsidiaries have 57,000 professionals with a single focus: serving our clients and helping them solve their toughest problems. We work in four key business areas — audit, financial advisory, tax and consulting — but our real strength comes from combining the talents of those groups to address clients’ needs. Fortune and BusinessWeek consistently rank our organization among the best places to work, which is good news for our talent and our clients alike. When the best people tackle the most compelling challenges, everyone wins.

 Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the Bank is continuously growing in North America, Asia and key emerging markets. With more than 78,000 employees in over 70 countries worldwide, Deutsche Bank offers unparalleled financial services throughout the world. The Bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.

Deutsche Bank

East West Bancorp (http://www.eastwestbank.com/) is a publicly owned company with $21.5 billion in assets and is traded on the Nasdaq Global Select Market under the symbol "EWBC". The Company's wholly owned subsidiary, East West Bank, is one of the largest independent banks headquartered in California. East West is a premier bank focused exclusively on the United States and Greater China markets and operates over 125 locations worldwide, including in the United States markets of California, New York, Georgia, Massachusetts, Texas and Washington. In Greater China, East West's presence includes a full service branch in Hong Kong and representative offices in Beijing, Shenzhen and Taipei. Through a wholly-owned subsidiary bank, East West's presence in Greater China also includes full service branches in Shanghai and Shantou and a representative office in Guangzhou.

For more than four decades, Fenwick & West LLP ("Fenwick & West," "Fenwick") has helped some of the world’s most recognized companies become, and remain, market leaders. From emerging enterprises to large public corporations, our clients are leaders in the technology, life sciences and cleantech sectors and are fundamentally changing the world through rapid innovation.

Having worked alongside such progressive and cutting edge companies for so long, our culture has come to reflect the entrepreneurial spirit of our client base. Unlike traditional law firms, we move at our clients’ speed and have earned the reputation as a go-to law firm for growing companies that need insightful, strategic counsel to help tackle the challenging issues that arise when the law cannot keep up with their pace of innovation.

With the same passion for excellence and innovation reflected in our client base, our firm is making revolutionary changes to the practice of law through substantial investments in proprietary technology tools and processes. Our clients demand—and deserve—new ways to receive best-in-class legal services more effectively. At Fenwick, we are proud to be shaping our legal services to do just that.

Filice Insurance combines years of experience with leading-edge products to provide exceptional service and value to our customers. We provide a complete suite of business insurance products including Individual & Family Plans, Domestic & International Employee Benefits, Retirement Services & Financial Planning, Workers’ Compensation, and Personal & Commercial Insurance, providing a one-stop solution for your company’s insurance and employee benefit needs. 

Headquartered in San Jose, with offices throughout California, we think globally but act locally, with personal services designed specifically for each individual client. Filice also shares information and resources with a national network of brokers to ensure we can meet your every need, and find answers to your questions quickly and efficiently.
The world of employee benefits has changed and so should your expectations of your broker.
Since our inception in 1989, Filice has grown to become one of the largest independent employee benefits and insurance consulting firms in Northern California. We credit this growth to our focus on service and our investment in the tools and technology necessary to support a client base of over 2,000 companies. With a staff of 90 licensed insurance professionals, we have the expertise to help you balance the financial needs of your organization, and exceed the expectations of your employees. We make sure our team stays on the cutting edge of any issues that will affect your company, its coverage, and bottom line.

Fortinet (www.fortinet.com) is a worldwide provider of network security appliances and a market leader in unified threat management (UTM). Our products and subscription services provide broad, integrated and high-performance protection against dynamic security threats while simplifying the IT security infrastructure. Our customers include enterprises, service providers and government entities worldwide, including the majority of the 2009 Fortune Global 100. Fortinet's flagship FortiGate product delivers ASIC-accelerated performance and integrates multiple layers of security designed to help protect against application and network threats. Fortinet's broad product line goes beyond UTM to help secure the extended enterprise - from endpoints, to the perimeter and the core, including databases and applications.

Freeborders(www.freeborders.com) is a leading provider of information technology services to large and medium-sized businesses. We provide global consulting, technology and outsourcing services – focused on the financial services, travel, and internet e-commerce industries.

Whether delivering our services onsite with our clients or from one of our offshore development centers, our flexible engagements allow our customers to cost-effectively adapt their business to market opportunities and changes.

Freeboarders

*GSR Ventures* (www.gsrventures.com) primarily invests in early stage technology companies with substantial operations in China that have potential to become global leaders. GSR's investments include semiconductor, Internet, wireless, new media, and clean technology. The fund currently has about $300 million under management, and has offices in Beijing and Silicon Valley.

GSR Ventures

Hanhai Investment focuses on providing high-quality capital and professional services to companies in the US and Chinese markets, interested expanding internationally.

Services include entrepreneurship mentoring/development, funding, project planning, talent exchange, and technology development. Hanhai bridges companies cross-border to help them accelerate the growth and expansion of their business ventures in both countries, by utilizing Hanhai's strong resources in both the US and China.

The group has successively developed Hanhai Great Wall Plaza, Hanhai Haiyuncang Plaza, Hanhai Garden Plaza, Hanhai Sci-tech Plaza, Hanhai Culture Plaza and other office buildings. The group has operated area of 3,200,000 SF and the assets reaching RMB 3 billion.

Concentrating on the development of several national Hi-tech incubators and the first Overseas Scholars Business Park in the city centre, Hanhai Zhiye established itself as the leading professional, unique and diversified technology industry aggregation. Hanhai Zhiye has made an important contribution to promote the development of Technology-empowered Beijing and to achieve the scientific development.

Hisense Group (www.hisense.com) was founded as Qingdao No. 2 Radio Factory in 1969 and has now developed into a multibillion dollar global conglomerate, which includes three public listed companies and owns three famous trademarks (Hisense, Kelon and Ronshen). Hisense provides a wide range of products and services including “multimedia”, “home appliances”, “telecommunications” and ”information technology” and had a sales revenue of $9.5 billion in 2010. With the development strategy of "high-tech, high-quality, high level of service, and creating an internationally famous brand", Hisense has R&D centers in Qingdao, Shenzhen, Shunde, Beijing, USA and Europe.

Hisense Group

K&L Gates LLP (www.klgates.com) represents leading global corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals. Our practice is a robust full market practice — cutting edge, complex and dynamic, at once regional, national and international in scope. Over each of the last four years our revenues exceeded $1 Billion and, as stated in the July 2010 issue of the UK publication Legal Business, the firm “has further cemented its position as the Global 100’s fastest growing firm.”

 

Microsoft Corporation (NASDAQ: MSFT) is an American multinational corporation headquartered in Redmond, Washington, United States that develops, manufactures, licenses and supports a wide range of products and services related to computing. The company was founded by Bill Gates and Paul Allen on April 4, 1975. Microsoft is the world's largest software maker measured by revenues. It is also one of the world's most valuable companies.

*Northern Light Venture Capital *("NLVC") (http://www.nlvc.com) is a China concept venture capital firm focused on early and growth stage opportunities in technology enabled businesses. NLVC targets businesses that leverage China's industrial, economic, or human resources to build exceptional, lasting enterprises in the global economy. NLVC was founded in 2005 by a group of experienced entrepreneurs with experience dealing with the challenges of starting a new venture in a competitive market, and subsequently, creating success through the smart leverage of resources and market opportunities in China.

O'Melveny (www.omm.com) helps build and connect prosperous communities of law and business. Our public service and pro bono contributions strengthen the communities we serve. Because community building is a mutual effort, we receive as much as we give. We learn from clients and industries that entrust us with their futures. We are reminded, often by those who most need our help, that the law respects and empowers all.

Salesforce.com is the enterprise cloud computing company that is leading the shift to the Social Enterprise. Our trusted cloud platform and apps—including our flagship CRM solution—help employees collaborate easily and connect with customers like never before.

And thanks to the cloud, all of it comes with low cost, low risk, and fast results. Our 100,000+ successful customers tell the story best. Here are just a few. 

Salesforce

With the mission to enhance the collaboration between Silicon Valley and Shanghai Yangpu, the Yangpu US Innovation Center is launched to provide a platform to help entrepreneurs who want to start their ventures in China.

Shanghai Yangpu "3310" plan
On June 9, 2009, Shanghai Yangpu officially launched one of the first national overseas high-level talents innovation bases. Adhering to the principles of "All-aspect Supporting, Resource Sharing, Talent Gathering, Win-win Development", and "Triple regional fusion, high-pace linkage development" (university campus, science and technology park, public community) the "3310" plan was launched with the core concept of "three big projects, three major objectives and ten supporting policies".

Highlights of the plan include:
- ¥300 million of special funds, as much as¥1 million free start-up capital, ¥2 million guaranteed loans, ¥5 million loan discount, up to¥2 million housing allowance;
- ¥200 million of overseas talents venture fund, targeting early stage investment;
- Recommendation to higher educational institutes for full-time and part-time professor;
- Access to university and research institute's laboratories and utilities;
- Special preferential policies for children's schooling, families' employment, relocation, etc.

The Shanghai Yangpu overseas high-level talents innovation incubation center provides "one-stop" personalized service. At present, this plan has attracted 78 national "one thousand plan" talents, 374 overseas business enterprises, and more than 5000 SMEs.

Sina Weibo ( 新浪微博) is a Chinese microblogging (weibo) website. Akin to a hybrid of Twitter and Facebook, it is one of the most popular sites in China, in use by well over 30% of Internet users, with a similar market penetration that Twitter has established in the USA. It was launched by SINA Corporation on 14 August 2009, and has more than 300 million registered users as of February 2012. About 100 million messages are posted each day on Sina Weibo. 

Sina Weibo

*Suzhou International Science Park* (hereinafter referred to as SISPARK) (www.sispark.com.cn), located in the southwest of SIP, was launched in April, 2000 and completed in six phases. It has overall planned area of 61 hectares, building area of 1.14 million square meters and investment of more than RMB 4 billion Yuan. SISPARK is National Scientific Enterprise Incubator of China, National Software Industrial Base, National Animation Industrial Base, China Euro-America Oriented Software Offshore Project Pilot Base and Entrepreneur Center for Returned Oversea Chinese Students as well as the only backbone of "Chinese Service Outsourcing Demonstration Base" in China. For over ten years' development, SISPARK has formed the four characteristic industrial clusters, namely, software development, IC design, digital entertainment and industrial application of high and new technologies and established relatively sound public technical platforms consecutively. Accumulatively, there are over 830 registered enterprises, around 360 of which have actually moved in, in SISPARK at present, employing more than 20,000 high-tech talents. SISPARK is endeavored to realize revenue of 500 million USD from offshore software and accumulate 55,000 high-tech R&D talents, total production value breaking through 10 billion and foster 20 enterprises whose turnover exceeds one-hundred million to build a high-tech industrial park with complete infrastructure, distinctive industrial features, significant renovation and highly developed service system.

SISPark

In 1990, Suning Commerce was established in Nanjing of China. It is the China’s commercial leader and is ranked as top one privately-held company in China. As the largest commercial retail enterprise in China, Suning boasts its brand value of 81.568 billion yuan.

In July of 2004, Suning Commerce (Suning Appliance (002024)) was listed in Shenzhen Stock Exchange, thus having become the first listed Chinese home appliance chain enterprise featured by IPO (Initial Public Offerings), with its market value ranking in the first tier of home appliance chain enterprises worldwide. It has 180,000 staff with annual sales revenue 230 billion yuan.

Suning has over 1700 chain stores in more than 600 cities in mainland China and it persists in the common development of online and offline business. Since the e-commerce platform of Suning, “Suning E-go” upgraded in 2010, the product lines have been expanded from home appliance to general merchandise, books, and virtual products with the SKU reaching15,000,000, ranking among China’s top 3 B2C companies. Aiming at increasing its sales revenue to 300 billion yuan by 2020, Suning E-commerce will become a leading B2C brand in China.

Suning Commerce R&D Center USA Inc. is the 1st oversea R&D center under Suning research strategy. It will focus on cutting edge technology and new business model innovation.

SuNing

 Founded in 1981, TCL is one of the largest consumer electronics enterprises in China with a global presence. TCL Corporation has three listed companies: TCL Corporation (SZ.000100), TCL Multimedia (HK.1070) and TCL Communication (HK.2618). Currently, TCL Corporation has set up four business units – TCL Multimedia Holdings, TCL Communication Holdings, China Star Optoelectronics Technology and TCL Home Appliances Group, as well as six business groups – System Technology Unit, Techne Group, Emerging Business Group, Investment Group, Highly Information Industry and Real Estate Group.

TCL

TeleNav, Inc.(www.telenav.com), a privately-held company headquartered in Sunnyvale, California, was the first to launch a cell phone GPS system in the U.S. TeleNav's solutions include TeleNav GPS Navigator (GPS navigation), TeleNav Track (Mobile Resource Management) and Whereboutz (social networking). Deployed by 15 carriers in 21 countries, TeleNav is a global leader in wireless location-based services (LBS). TeleNav products are available on more than 450 wireless devices and run on all major mobile platforms currently available. Currently, the company's solutions are available in four continents, including North and South America, Asia and Europe. For more information on TeleNav, please visit www.telenav.com.

TeleNav, Inc.

The Hoffman Agency advises companies on applying communications to build brands, fortify reputations and sell products/services. With a heritage in the technology sector, the firm today focuses on markets of complexity: telecommunications, energy, water, and financial services as well as technology. The firm's operation extends across Asia Pacific, Europe and the United States, all skilled in applying storytelling techniques to communications. For more information, we encourage you to check out www.hoffman.com.

At ThreeEQ (www.ThreeEQ.com), we are passionate about empowering and grooming new generations of young global leaders. (1) We coach and mentor the children (ages 11 to 30+) of Chinese/Asian and Western parents who are high net worth individuals worldwide on the top-tier college, university and graduate school planning, applications and admissions process and on personal life and career success management. (2) We provide coaching in wise parenting. (3) In addition, we help enterprises expand globally and enhance corporate EQ. Our founder Jason Ma is the FORBES contributor on mentoring young leaders and on preparing for elite college/university admissions and a lifetime of leadership.

ThreeEQ