INSIGHT DECEMBER 2013
The Journal of the American Chamber of Commerce in Shanghai
amcham shanghai President
Kenneth Jarrett VP OF PROGRAMS & Services
Scott Williams
F e atu r e s
12
12 Age Old Dilemma INDUSTRY UPDATE
By Sheryl Jacobson and River Huang
A surging elderly population will create both opportunities and challenges for foreign companies.
VP of Administration & Finance
Helen Ren Directors Business development & Marketing
Patsy Li Committees
Stefanie Myers Events
18 Our Top Ten Lists and Photos
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2013 IN REVIEW
By Insight staff
See the Top Ten China stories you may have missed along with pictures from the past year.
Jessica Wu Government Relations & CSR
Steven Chan Membership & CVP
Linda X. Wang
INSIGHT EDITOR-IN-CHIEF
Bryan Virasami
26 A Road Map for Reform
By Sam Dreiman and Wang Yuan
China is looking to reenergize economic growth, improve confidence in the Party and liberalize the financial sector, according to an analysis of the Third Plenum document.
Senior Associate Editor
Erika Wang senior communications associate
Ryan Balis
Design
Alicia Beebe
33 ‘Field of Dreams’
33
ANALYSIS
By William Antholis
As China’s new leaders embark on a new wave of urbanization, they must deal with four major issues.
Printing
Mickey Zhou Snap Printing, Inc.
imaginechina
Intern
Beverly Chan
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COVER STORY
INSIGHT Sponsorship (86-21) 6279-7119 ext. 5667 Story ideas, questions or comments on Insight: Please contact Bryan Virasami (86-21) 6279-7119 ext. 5668 bryan.virasami@amcham-shanghai.org Insight is a free monthly publication for the members of The American Chamber of Commerce in Shanghai. Editorial content and sponsors' announcements are independent and do not necessarily reflect the views of the governors, officers, members or staff of the Chamber. No part of this publication may be reproduced without written consent of the copyright holder.
I nsig h t sta nd a r ds
5 News Briefs
42
11 Deal of the Month
MONTH IN PICTURES
Highlights from Recent Events
50
EXECUTIVE reading room
China-focused Business News
INSIDE AmCham
Shanghai Centre, Suite 568 1376 Nanjing West Road Shanghai, 200040 China tel: (86-21) 6279-7119 fax: (86-21) 6279-7643 www.amcham-shanghai.org
40 From the Chair 41 Board of Governors Meeting 45 Government Relations 46 Event Highlights Cover design by Mickey Zhou; Plenary photo: Xinhua; thermostat: ImagineChina
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Special thanks to the 2013-2014 AmCham Shanghai President’s Circle Sponsors