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CHINA Town Hall is a national day of programming on China involving 70 cities throughout the United States. The Ninth Annual China Town Hall will open with a webcast, this year a panel discussion focusing on the findings of a new report by the National Committee and Rhodium Group on the recent growth of Chinese foreign direct investment in the United States. The report, titled “New Neighbors: Chinese Investment in the United States by Congressional District,” breaks down for the first time Chinese commercial investment in the United States by congressional district.
Former Secretary of the Treasury Robert Rubin, Mayor Sheldon Day (Thomasville, Alabama), and Mr. Daniel Rosen, founding partner of Rhodium Group, will discuss the impact of Chinese investment in the United States, including job creation, revitalization of economically depressed areas, infrastructure improvement, and the deepening of ties between the people of the two countries, all of which help strengthen the overall bilateral relationship.
Following the webcast will be an exclusive live presentation by guest speaker, Dr. Robert A. Kapp, President of Robert A. Kapp & Associates and Former President of the United-States-China Business Council.
The webcast will be moderated by National Committee President Steve Orlins.
Robert E. Rubin began his career in finance at Goldman, Sachs & Company in New York in 1966. Mr. Rubin served as vice-chairman and co-chief operating officer from 1987 to 1990 and as co-senior partner and co-chairman from 1990 to 1992. Before joining Goldman, he was an attorney at Cleary, Gottlieb, Steen & Hamilton in New York City (1964-1966).
Long active in public affairs, Mr. Rubin joined the Clinton administration in 1993 as assistant to the President for economic policy and as director of the newly-created National Economic Council (NEC). In January 1995, Mr. Rubin was appointed the 70th Secretary of the Treasury of the United States. He served until July 1999, and was involved in balancing the federal budget; opening trade policy to further globalization; acting to stem financial crises in Mexico, Asia and Russia; helping to resolve the impasse over the public debt limit; and guiding reforms at the Internal Revenue Service.
From 1999 to 2009, Mr. Rubin served as a member of the board of directors at Citigroup and as a senior advisor to the company. In 2010, Mr. Rubin joined Centerview Partners as senior counselor.
Mr. Rubin is one of the founders of The Hamilton Project, an economic policy project housed at the Brookings Institution that offers a strategic vision and innovative policy proposals on how to create a growing economy that benefits more Americans.
Mr. Rubin is the author of In an Uncertain World: Tough Choices from Wall Street to Washington (Random House, 2003, with Jacob Weisberg), a New York Times bestseller also named one of Business Week’s ten best business books of the year.
Mr. Rubin is co-chairman of the Council on Foreign Relations, a member of the board of trustees at the Mount Sinai Health System, and chairman of the board of the local Initiatives Support Corporation, the nation’s leading community development support organization with 38 offices nationwide. In June 2014, he completed a 12-year term as a member of the Harvard Corporation.
A summa cum laude graduate of Harvard College with an A.B. in economic, Mr. Rubin received an LL.B. from Yale Law School and attend the London School of Economics. He has received honorary degrees from Harvard, Yale, Columbia and other universities.
Sheldon A. Day has served as mayor of the City of Thomasville (Alabama) since 1996. He graduated from Thomasville High School and attended Patrick Henry Jr. College (now Alabama Southern Community College) in Monroeville, Alabama, before beginning a career in retail management. He managed stores for TG&Y, Inc., for seven years and spent the next seven years with Walmart Stores, Inc. Sheldon was a member of the Thomasville City Council for two terms during his time with Walmart Stores, Inc. Sheldon is a small business owner and works to build new business potential in Thomasville and southwest Alabama.
Sheldon is a member of the Alabama Technology Network Advisory Board at Alabama Southern Community College; a past member of the board of directors of the Southwest Alabama Medical Center; a member of the Southwest Alabama United Way Advisory Board; a member of the Tennessee-Tombigbee Waterway Development Council; founding member of th Clarke County Community Development Foundation; and a member and past president of the Thomasville, Alabama, Chamber of Commerce. Mayor Day is a graduate of the 2005 Leadership Alabama Class and a past member of the Leadership Alabama Executive Board. He is also a graduate of the Auburn University Economic Development Institute.
Beyond the borders of Thomasville, Sheldon is active in politics and economic development. He serves on the Alabama League of Municipalities Executive Committee, as co-chairman of Governor Bentley’s Black Belt Commission; and he served as a panelist from 2005 through 2012 for the Delta Regional Authority Congressional Caucus on Rural Issues in Washington, D.C. He has been invited to many states across the United States to tell the “Thomasville Success Story” and provide commentary on rural issues. Mayor Day has participated in numerous business mission in the United States and abroad including to Cuba, China, South Korea and Brazil.
During Mayor Day’s 19 years of mayoral service, the City of Thomasville and surrounding rural area has seen over $700 million in capital investment and the creation of more than 1,000 new manufacturing and service sector jobs. In addition, the city government and schools have partnered to bring high quality education and innovative career technical programs to the area; they have become a model for the state of Alabama and the southeastern United States.
Daniel H. Rosen is a founding partner of the Rhodium Group (RHG), and leads the firm’s work on China and the world economy. RHG combines policy experience, quantitative economic tools and on-the-ground research to analyze distruptive global trends. Mr. Rosen’s focus includes U.S.-China policy dynamics, interpretation of Chinese economic performance indicators, and assessment of long-term Chinese reform and policy directions. RHG’s China research contributes to corporate strategy and planning, investment management, and political risk assessment of China and its global interactions.
Mr. Rosen is an adjunct associate professor at Columbia University, where he has taught a graduate seminar on the Chinese economy at the School of International and Public Affairs since 2001. He is affiliated with a number of preeminent American think tanks focused on international economics. Since 1992, he has written more than a dozen major books and reports on China’s economic and commercial development.
From 2000 to 2001, Mr. Rosen was senior advisor for international economic policy at the White House National Economic Council and National Security Council, where he played a key role in completing China’s accession to the World Trade Organization and accompanied the President of the United States to Asia for summits and state visits.
Mr. Rosen is a member of the Council on Foreign Relations, and serves on the board of the National Committee on U.S.-China Relations. He holds a master’s degree in foreign service from Georgetown University and a bachelor’s degree in Asian studies from the University of Texas.
Dr. Robert A. Kapp is president of Robert A. Kapp & Associates, 柯氏策略咨询公司Inc., Port Townsend, Washington, USA, and former President of the US-China Business Council. His firm provides consulting services to companies and nonprofit organizations seeking to develop successful activities with China or to engage with policy makers in the field of U.S.-China relations.
Dr. Kapp is a Senior Advisor to The China Program of The Carter Center, Atlanta Georgia, participating in strategic planning, accompanying President and Mrs. Carter on China visits, executing conferences and exchanges on U.S.-China relations, and writing essays for the China Program web site. His widely-viewed “Suggested Readings on China” is updated weekly at that site, www.uscnpm.org.
From April, 1994 to November, 2004, Dr. Kapp served as president of The US-China Business Council 美中贸易全国委员会, 会长the principal organization of American companies engaged in trade and investment with China. In addition to guiding the business services, publications, and program activities of the US-China Business Council from its offices in Washington, Beijing and Shanghai, Dr. Kapp regularly represented the American business community engaged with China, in both Washington and Beijing. He contributed regularly to informed U.S. dialogue on China, through Congressional testimony, published articles, frequent media appearances, and presentations to educational and community organizations nationwide. He has been widely recognized in the United States and China as a leader in the effort to sustain strong, mutually respectful relations between the two nations.
Dr. Kapp sits on a number of Advisory Boards of organizations deeply involved in contemporary Chinese affairs and U.S.-China relations, including The U.S.-China Education Trust (www.uscet.org) and The China Economic Quarterly. Dr. Kapp sits on the Board of The Blakemore Foundation, Seattle, Washington. The Foundation Board awards generous grants to Americans pursuing advanced study of Chinese, Japanese, and other Asian languages.
In the field of corporate social responsibility; Dr. Kapp was the principal initiator of The US-China Legal Cooperation Fund （美中法律合作基金）, which provided more than a million dollars in support of a wide range of Sino-American cooperative legal initiatives between 1998 and 2012.
Dr. Kapp writes for a variety of publications. He is a listed Contributor to ChinaFile, The Asia Society’s innovative e-magazine (www.chinafile.com). He has published a series of feature articles (in Chinese translation) for the magazine China Newsweek. Other commentaries have appeared in American, Chinese and European publications. He has appeared at major conferences in the US and China. Recent hosts have included The Carter Center (Atlanta); The Mansfield Center at the University of Montana, the University of Colorado, Bloomberg Link; the National Association of Corporate Directors; Renmin University of China; the Chinese Academy of Social Sciences; the Shanghai Academy of Social Sciences; Central China Normal University, the United States Air Force Academy; and others.
Dr. Kapp received his doctorate in modern Chinese history from Yale University. From 1970 to 1980 he taught Chinese history at Rice University (Houston) and the University of Washington (Seattle). He is the author of a scholarly monograph and other published academic research on 20th-century China. From 1986 to 1991, Dr. Kapp was Lecturer at the University of Washington School of Business Administration, where he received a Distinguished Teaching award. He was Editor of the scholarly publication The Journal of Asian Studies, 1978-80. Communicating With China (1980), which he edited, was a pioneering contribution to effective popular communication between the United States and China.
Prior to his presidency of the US-China Business Council, Dr. Kapp served as the founding Executive Director of the Washington State China Relations Council (华州中国交流理事会, 理事长) (www.wscrc.org) from 1980 to 1987 , and from 1987 to 1994 as president of the Washington Council on International Trade （华盛顿州国际贸易委员会，会长） (www.wcit.org ). He is a member of the Council on Foreign Relations, the National Committee on U.S.-China Relations, and the World Affairs Council, whose World Citizen Award he received in 1994. He has been a frequent visitor to China since 1977. He and his wife Catherine live in Port Townsend, Washington State, USA.
4:45-5:00 PM: Welcome: Welcome by Utah Council for Citizen Diplomacy Executive Director, Beth Martial
5:00-6:00 PM: Live Webcast: Former Secretary of the Treasury Robert Rubin, Mayor Sheldon Day, and Mr. Daniel Rosen, on Chinese Investment in the United States
6:00-7:00 PM: Guest Speaker and Question and Answer Period: Dr. Robert A. Kapp, President of Robert A. Kapp & Associates and strategic advisor to the U.S.-China Specialty Group at Burson-Marsteller.
7:00-7:15 PM: Reception
The Chinese economy has grown rapidly since China implemented the “Reform and Opening Up” policy in December 1978. China is now the second largest economy, behind the United States, and projected to move into the top spot as the largest economy in the world by 2020. This growth continues to create new wealth in China, with foreign currency reserves of more than US$3.5 trillion. The U.S.-China relationship is at the forefront of the news and at the center of foreign policy discussions across the United States. To help Americans understand this dynamic relationship and to answer their questions on prominent issues, the National Committee on U.S.-China Relations (NCUSCR) conducts an annual CHINA Town Hall, featuring a live webcast and Q&A to be broadcast locally throughout the United States. The Utah Council for Citizen Diplomacy is honored to host China Town Hall for the state of Utah.
Currently, China is Utah’s fourth largest trading partner. In 2014, $79 million in metal manufacturing was exported by Utah to China, and Utah’s exports to China reached $870 million by year’s end.
Recognizing the importance of trade and foreign investment, former Governor Huntsman led trade missions to Mexico in 2005 and China in 2006. In China, the former governor used his fluency in Mandarin to help Utah companies establish relationships with high-ranking Chinese officials and invited Chinese business leaders to visit Utah. In April of 2011, now Utah Governor Gary Herbert led a trade mission to China and signed a memorandum of understanding with the Jinshan District Mayor, Zhao Fuxi, in order to show mutual support for technology exchanges between Utah and Jinshan, China. Since then, two more trade mission to China have been held and in September of 2015, Zions Bank Mountain States will lead a trade mission to Hong Kong and Guangzhou, China. The Utah Governor’s Office of Economic Development, International Trade and Diplomacy Office, maintains a network of trade representatives and partner organizations in China, Mexico, Israel and the EU. Furthermore, Utah has proven to be a popular tourism destination with travelers from China who particularly value the ‘Mighty Five’ national Parks.
Salt Lake City was host to a truly historic event when four Chinese provincial leaders met at the US China 2011 Trade, Culture and Education Conference July 14-16, 2011. The conference, co-hosted by the Utah Governor’s Office of Economic Development, World Trade Center Utah, Salt Lake Chamber, Economic Development Corporation of Utah, Westminster College, Utah State University, Utah Valley University, Chinese Association of Science and Technology Utah, Investment Association of China, and American & Chinese Friendship Promotion Society, coincided with the National Governor’s Association meeting and provided a unique opportunity for the Chinese governors to meet with numerous U.S. governors as well as a wide range of Utah companies. The US-China conference led to many memorandums of understanding (MOUs) signed between Utah and Chinese entities.