China Daily Global Edition (USA)

Program to boost developmen­t of automotive sector launched

- ByWANGHONG­YI in Shanghai wanghongyi@chinadaily. com.cn

A new Sino-US education program that aims to promote the developmen­t of the Chinese automotive industry was recently announced in Shanghai.

The Automotive Executive Developmen­t Program was jointly launched by the UM-SJTU Joint Institute and the University of Michigan Ross School of Business.

The UM-SJTU Joint Institute was establishe­d by Shanghai Jiao Tong University and the University of Michigan with the objective of providing a world-class institute for the training of global innovation leaders in China.

The Automotive Executive Developmen­t Program aims to bolster the developmen­t of China’s automotive and smart car industries by inviting renowned professors and scholars to share innovative ideas and insights with Chinese automotive executives in areas such as strategic planning, future business trends, organizati­on and management models, and consumer research.

The program is designed for senior managers and business leaders with more than 10 years of management experience in the automotive and related industries such as supply, technology, finance, banking, and mergers and acquisitio­ns.

Participan­ts of the program — it accepts around 25 people per cohort — get to embark on a twoweek immersive learning experience in North America where they will visit famous enterprise­s and engage in high-level exchanges with academic experts. Organizers said that the program will help participan­ts better understand the causes and processes of changes in the automotive industry and master the strategies involved.

Huang Peisen, the dean of the joint institute, said that the automotive industry will be playing a major role in achieving innovation­driven transforma­tion and upgrading in the manufactur­ing industry as part of the “Made in China 2025” initiative. In order to better survive and develop in the global automotive market, China’s auto industry and profession­als must understand future trends, pick up new knowledge and implement added.

“We will continue to improve the quality of education and introduce more multidisci­plinary education programs in the future so as to meet industrial demands for highly skilled profession­als,” Huang said.

“In addition to the latest management research and theory, the program also provides practical methods and tools for China and the global market. It helps senior managers build a comprehens­ive set of skills,” said M.S. Krishnan, Associate Dean of the UM Ross School of Business.

“Participan­ts will gain deeper and broader insight into promoting China’s auto industry in Asia and in the increasing­ly globalized market upon their completion of the program,” he added. upgrades, he

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