PROGRAM OVERVIEW

DRC - Tokyo Club Research Conference
15 April 2006
Green Lake Hotel, Kunming
Conference documents are prepared in Chinese and Japanese only.

PROGRAM

OPENING REMARKS

Li Jiange, Vice President, Development Research Center of the State Council

SESSION 1: CORPORATE GOVERNANCE IN CHINESE ENTERPRISES

Moderator: SUN Lanlan, Director General, International Cooperation Department, Development Research Center

STATUS AND CHANGES IN CORPORATE GOVERNANCE OF CHINESE ENTERPRISES

CHEN Xiaohong, Director, Enterprise Research Institute, Development Research Center

STATUS AND PROSPECTS FOR IMPROVED CORPORATE GOVERNANCE OF SOES

LIU Dongsheng, Director, Bureau of Enterprise Reform, State-owned Assets Supervision and Administration Commission

CORPORATE GOVERNANCE IN LARGE PRIVATE CHINESE ENTERPRISES: THE CASE OF FOSUN GROUP

LIANG Xinjun, Vice Chairman, Fosun Group

FREE DISCUSSION

SESSION 2: M&A ACTIVITY IN CHINESE AND JAPANESE ENTERPRISES

Moderator: Yasuyuki Fuchita, Senior Managing Director, Nomura Institute of Capital Markets Research

STATUS AND DEVELOPMENT OF M&A ACTIVITY BY CHINESE ENTERPRISES

XIA Bin, Director, Financial Research Institute, Development Research Center

A CASE STUDY OF M&A BY A CHINESE ENTERPRISE

WANG Mingfu, Chairman, H&J Vanguard

LEGAL OVERVIEW OF FOREIGN M&A IN CHINA

ZHANG Hongjiu, Partner, Jingtian & Gongcheng

PRESENT STATUS AND FUTURE ISSUES WITH M&A IN JAPAN

Sadakazu Osaki, Executive Fellow, Nomura Institute of Capital Markets Research

FREE DISCUSSION

CLOSING REMARKS

Junichi Ujiie, President, Tokyo Club Foundation for Global Studies & Chairman, Nomura Holdings