4 . Reform of education system.

1. 4.Reform of education system. • Education should meet the need of the market economy, should be more basic quality elements & practice ability focused. • Life long education should be accepted. China will have a new learning surge after access into WTO. globalization of education Sun Dipeng 2002 April

2. Challenges in the transition periods This period will last for 5~8 years. 1.traditional labor density export industry will benefit a lot. an increase of 11.76 M employment opportunities in 5 years. economy restructure and unemployment Sun Dipeng 2002 April

3. 2.industries such as finance, insurance, metallurgy ,automobile manufacture, machinery, tele-communication equipment and other manufactures will be attacked. • unemployment rate will be increased by 2% • 3~4 M unemployed population Sun Dipeng 2002 April

4. 3.North west and heavy industry areas will be more impacted. State owned company will be attacked. 4. China will become the new manufacture center in the world 5. China will overcome this hard period. In about 10 years the market economy system will be established. China will complete the transition from agricultural economy to industrial economy, from agricultural society to industrial society, from agricultural civilization to industrial civilization. The dream of accomplishing modernization will be realized. Sun Dipeng 2002 April

5. Cooperation scale of future Sino-America business • China will keep the annual 7% economy increase rate in about ten years. • American enterprises has been studying China’s market after WTO more deeply than Japan and western Europe. • In ten years,cooperation scale of Sino-America business will be expanded several times larger than it is now. Sun Dipeng 2002 April

6. Prepare qualified people for cooperation of Sino-America business • All the cooperation need to be accomplished by people. • My experiences Both key members in the board and the general manager should be very qualified professionals who are international oriented, which is the main factor for the success of a joint venture. • These kind of people should know how to seek the common ground while reserve differences. Sun Dipeng 2002 April

7. They should admit that there are differences in history, culture and habits among different countries. • They should aim at the mutual benefits.. • Seeking for common ground while reserving differences—this is not only a vision but also a kind of ability • We are in short of qualified talents for large scale Sino-America business cooperation. • This is the market. Sun Dipeng 2002 April

8. Some expectations for MIM • Thanks for Pro. John Oh. The contacts and cooperation between MIM and I has been lasting for 9 years. • The program has been improving during the last 9 years. China also experienced the fastest growing during these period. • I feel very honored to be named as the Honorary MIM Professor. Sun Dipeng 2002 April

9. Some expectations for MIM I hope that: • MIM could distinguish itself from other programs by cultivating talents specially in area of Sino-America business cooperation. • The students could work hard at studying and using Mandarin. Try to know more about the reform of China, about how to get along with Chinese, about how to seek for common ground while reserve differences. • If my experiences could help I am willing to continue my contribution to MIM. Sun Dipeng 2002 April

10. Thank you Sun Dipeng 2002 April