2023 opened with euphoria over China's swift economic rebound, rise in consumer spending, and open borders. This excitement was felt not just here in China, but across Asia and the world. A rebound in the tourism sector started in late 2022 with welcome news that Chinese tourists were ready to get on the road again. Thailand welcomed them with flowers. Unsurprising since pre-pandemic China was its largest source of tourists (28%). Unable to travel overseas during the last three years, Chinese tourists also shifted to internal travel. During this year's May holiday, the number of domestic trips made was up 19% from 2019 pre-pandemic numbers, but total spending was on par with 2019, suggesting that travellers are more conservative with their spending.
With summer holidays upon us, we expect to see Chinese tourists taking off to multiple destinations. At a time when the question of the hour is whether China's increased consumer spending will be sustained, travel and tourism data is an excellent indicator of consumer confidence. Join us to understand the recovery of China's tourism sector, increased consumption, and the implications this has for China's growth outlook for the remainder of this year and beyond.
There is no better location to consider issues and trends in Chinese tourism and consumption than Shanghai Disney Resort so we are especially delighted to convene in the Cinderella Ballroom at the Shanghai Disneyland Hotel and you are welcome to stay for the fireworks.
5:00 PM - 5:30 PM
Registration and networking
5:30 PM - 6:30 PM
Keynote and Panel Discussion
6:30 PM - 8:00 PM
Dinner and networking
President and General Manager at Shanghai Disney Resort
Joe Schott is President and General Manager of Shanghai Disney Resort, leading a dynamic and highly talented group of Cast Members (Disney’s term for employees) across a wide variety of business lines for the world’s newest Disney resort. Prior to his current position, Joe served as Senior Vice President of Operations for Shanghai Disney Resort. Joe’s extensive theme park operation and management experience as well as a global understanding of Disney parks provides him with a solid foundation to lead the team in growing and expanding the business while delivering incredible experiences for guests visiting the resort.
A 40-plus-year veteran of The Walt Disney Company, Joe has held various roles of progressive responsibility and worked in a number of Disney resort destinations across the globe. He began his career in Florida as a frontline Cast Member in Operations at Walt Disney World. Although he spent most of his time based in Orlando, he also has been working outside the USA for 11 of the last 14 years. Most notably were his assignments in Japan and in France. He led Walt Disney Attractions Japan in support of the Tokyo Disney Resort for three years during their 25th anniversary. Joe also led the revitalization of Disney’s European parks and hotels as chief operating officer for Disneyland Paris for 5 years.
In January 2018, Joe officially joined Shanghai Disney Resort’s management team as Senior Vice President of Operations, bringing a wealth of expertise in park management, operational safety development and guest service to further enhance the overall guest experience and ensure the resort maintained a best-in-class operation.
Shanghai Disney Resort is a joint venture between The Walt Disney Company and a state-owned enterprise under the Shanghai Municipal People’s Government. Phase I of the resort officially opened to the public on June 16, 2016. The resort project is one of the largest foreign invested projects ever undertaken in China, and represents the largest foreign investment project in the history of The Walt Disney Company.
Joe holds a Bachelor of Science Degree from Nova Southeastern University.
Chief Executive Officer; Director, Trip.com Group Limited
Jane Sun is the Chief Executive Officer and a member of the board of directors of Trip.com Group Limited, a leading global travel services company. Ms. Sun joined the company as Chief Financial Officer in 2005, and subsequently served as Chief Operating Officer and Co-President, before she was appointed to the position of CEO in 2016.
In her various senior leadership capacities, Ms. Sun led the company to significant growths in all aspects of the business, including an exponential increase in its market capitalization from USD 1 billion to more than USD 22 billion in 2023.
Ms. Sun has been widely recognized for her extensive experience in operating and managing online travel businesses, mergers and acquisitions, and financial reporting and operations, and has received numerous accolades in the industry.
Among the various awards and recognition, Ms. Sun was named one of Fortune’s Top 50 Most Powerful Women in Business for consecutive years, and was also named in the Forbes World’s Most Powerful Women List. Ms. Sun received an Asia Society Asia Game Changer Award and was appointed a member of the Asia Society Board of Trustees. Forbes named her one of the Emergent 25: Asia's Latest Star Businesswomen and one of the Most Influential and Outstanding Businesswomen in China. Ms. Sun was among Fast Company’s Most Creative People in Business. During her tenure at Trip.com Group, Ms. Sun also won the Institutional Investor Awards for the Best CEO and the Best CFO.
Before joining Trip.com Group, Ms. Sun was head of the SEC and External Reporting Division of Applied Materials, Inc. from 1997. Prior to that, she was an audit manager at KPMG LLP in Silicon Valley, California. Ms. Sun earned her Bachelor’s degree (High Honours) from the business school of the University of Florida, and completed her Master of Laws (LLM) degree at the law school of Peking University.
Dr Dan Wang is the chief economist at Hang Seng Bank China, based in Shanghai. Dan holds a PhD in economics from the University of Washington, with a focus in macroeconomics, environmental economics and econometrics. Her postdoc was with the Chinese Academy of Sciences in agriculture. She's regularly quoted in international media and write columns for several media, including FT China and Pengpai (the Paper). Before joining Hang Seng Bank, Dan was previously an analyst at the Economist Intelligence Unit.
Vice President of American Express Global Business Travel & General Manager of CITS American Express Global Business Travel
Mr. Kevin Tan is the Vice President of American Express Global Business Travel & General Manager of CITS American Express Global Business Travel (CITS GBT), the joint venture in China between American Express Global Business Travel (GBT) and China International Travel Service (CITS). Kevin was appointed to this position in June 2016. In this role, Kevin is responsible for setting the strategic direction of CITS GBT and overseeing the execution of this strategy. He is a current member of the CITS GBT Board of Directors, and will continue in this capacity.
Kevin joined CITS American Express Global Business Travel in 2011 as the Chief Financial Officer responsible for leading the national team to formulate and implement a robust and comprehensive financial strategy to meet business objectives. Kevin has over 25 years of finance and general management experience and held different leadership positions across health care, manufacturing and education, both in the United States and in China.
Kevin holds both Master of Business Administration and Master of Accountancy degrees from Case Western Reserve University in USA.
Kevin is based in Shanghai and is fluent in Chinese and English.
Vice President, APAC Strategy, CSI & Digital Hub, VF Corporation
Alex Wang is Vice President of APAC Strategy, Insights and Digital Hub for VF Corporation. In this role, he is responsible for developing the company’s strategy in the region, providing consumer insights, and driving consumer centric, data driven decisions and engagement. Alex’s team support brands and functions to identify business opportunities, through activating market intelligence, and local consumer data insights.
Alex joined VF in 2015 in the Strategy organization. Working in close partnership with the brands, Alex built the China Digital Hub, whereby the team integrated data into decision makings, drove digital enabled engagement across touch points, piloted various retail digitization and built close relationship with key digital platforms.
Prior to joining VF, Alex held strategy roles for TE Connectivity, Lenovo, Shell. He was also a consultant for Deloitte Consulting in strategy and operations practice.
Alex earned a bachelor’s degree in financial management from Fudan University. He is committed to driving value creation for both consumers and the business through digital innovation.
China Director of The Economist Intelligence Corporate Network
Mattie Bekink is responsible for the Economist Intelligence Corporate Network’s China strategy, including programme development and client engagement across China.
Ms Bekink has extensive experience in the public, private and policy sectors. Prior to joining The Economist Group, she was the Executive Director of the Fulbright Commission in the Netherlands. She also ran an eponymous consulting business, advising businesses, universities and non-profit organisations on China policy, strategy, public affairs, and CSR. Ms Bekink practiced law at Skadden, Arps, Slate, Meagher & Flom LLP, has worked with the US-Asia Law Initiative at NYU Law School and the American Bar Association Rule of Law Initiative China Program, and served in the legal department at General Motors China.
Ms Bekink has a BA in International Relations from Stanford University and a JD from the Georgetown University Law Center.