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  • Good afternoon, good morning, everybody.

  • Can you hear me now? Good.

  • I'm Aiko Doden, senior news commentator for NHK, Japan Broadcasting

  • Corporation, and I will be hosting today's session.

  • Thank you very much for coming to our session.

  • The topic of this session is Attracting the Best and Brightest.

  • As Asia becomes the center of growth for the global economy, we will first

  • examine how two major players, China and India, are trying to secure the

  • best talents.

  • And then look into wider impacts these efforts may have.

  • NHK will record this session for Asian Voices, a debate program on key global

  • issues. This will be broadcast to 120 countries

  • worldwide via NHK World. It will be shown six times, with the

  • first broadcast on September 25th from 02:10 UTC.

  • So please do join in.

  • The program can also be seen at that time on NHK World TV website or via the

  • NHK World iPhone application.

  • I did a bit of public relations for iPhone here.

  • Before we begin, may I remind you to turn off your mobile phones.

  • You are free to take photographs, but please make sure that the flashing

  • setting is off.

  • The session is recorded, as you can see there are cameras.

  • So please do stay in you seat and I will have to do my best to make this

  • discussion as engaging as possible so that you will choose to stay in your

  • seat.

  • I look forward to your contribution in making this discussion a meaningful

  • one.

  • We are almost ready to start the recording.

  • ...

  • Let me first introduce the panelists to you.

  • We have Dr. Mari Elka Pangestu,

  • the Minister of Trade for Indonesia. She is an internationally renowned

  • economist and former executive director of Indonesia's Center for Strategic

  • and International Studies. She joined the Yudhoyono cabinet in the

  • year 2004 and is now in her second term.

  • Next is Dr. Liu Jiren, who is chairman and CEO of the Neusoft Corporation,

  • China's biggest IT solutions and services company.

  • He studied at universities in China and the U.S., took a special interest

  • in computing, and then returned to China where he established his company

  • in 1991.

  • It quickly became a top Chinese hi-tech firm.

  • Next is Mr. Kris Gopalakrishnan, who is the CEO of Infosys Technologies, one of

  • the world's leading software development and IT consulting firms.

  • It's head office is in Bangalore in India, and the company employs over

  • 105,000 people in 23 countries.

  • Next to me is Professor Atsushi Seike, who is the president of Keio

  • University.

  • With a history of over 150 years, Keio was chosen as a key establishment in

  • the Japanese government efforts to attract more international students.

  • Professor Seika holds a PhD. in commerce and specialized in labor

  • economics.

  • So let me start with a China question.

  • In June this year, year 2010, China announced its first talent development

  • plan.

  • The plan suggests that China hopes to go beyond being seen as a world factory

  • with its vast supply of cheap labor. And I understand, one pillar of the

  • plan is to attract 2000 top-tier talents from abroad over the next 10

  • years. Dr. Liu, although it is just one pillar

  • in the bigger scheme, 2000 seems a bit modest for a country with a population

  • of 1.3 billion.

  • Yes.

  • A little bit confused. Two thousand, that means the top

  • scientists. It's not, if you look at the government

  • plan, they have very detailed framework.

  • It's not only for scientist, and also they like to have more talent working

  • in education sector, in manufacturing sector, even in social works.

  • So, it is a 10-year plan.

  • That plan tries to support the transformation from traditional Chinese

  • economic model to the new model. So if you look at the history in the

  • past 30 years, China's growth is driven by people.

  • So around 300 million people immigrate from rural areas to come to downtown,

  • to cities, to join manufacturing. Because of their contribution,

  • China makes a lot of things at very competitive price.

  • And also, that is a great, immigrate to changing what we call urbanization.

  • So like more and more people become citizen of cities.

  • So that makes China just like today. But if we look at those type of

  • business model, that is not sustainable.

  • So we consume a lot of natural resources.

  • So, energy we have a big problem.

  • Another big challenge about China is now, every year, we have six million

  • young peoplefrom universities. What is their job in the future?

  • So the other problem is economic issues and also, we say the stability

  • of society, that is another challenge. So government plan is to buy the

  • institute, the policy, this is made by government, to changing the structure

  • of the people. I mean get more talent.

  • Of course, to attract more talent, we send to study abroad, they can go back

  • to give more and more opportunity like in to enjoy, you know, new, to share

  • some growth as a China economy. That is their idea.

  • So I think after 10 years, the government have launched, today is 9

  • percent of educated people as working force.

  • It's after 10 years, their target is 20 percent of educated people to be as

  • working force, I mean higher education from university.

  • They have 100 percent government officer have a degree of university.

  • They have most of, you know, few to more than a thousand research institute

  • who is driven by talents from global wide.

  • And also they work on more and more foreign expert to get a job, to have

  • a work in China, so that (…) If I could intervene there, the part of

  • the current plan is to attract outstanding talents, I should say,

  • but what is the field that China is particularly interested in achieving

  • talent and improving the strength?

  • Okay. I think is that, of course, to attract

  • the talent is first the, every people, they hardly have gotten opportunities.

  • But today's China, if you look at today, more and more Chinese are just

  • like myself. Twenty years, I study U.S.

  • I go back, but most of my classmates still working in the United States.

  • Because at that time, there is no opportunity.

  • But today, the institute plan, and I cannot say attract more talent to go

  • back. I can say China attract people, they go

  • back. Just like in India.

  • More Indian, we call, talent mortality. They're just like a tadpole,

  • they're moving determined by opportunity. That is why the government, I think

  • the purpose is simple, because, yeah. Would you or China be confident that

  • the top-tier talents from abroad, as you said, will choose to come to China?

  • People can say that China had different degrees of opening up to the

  • world. It tended to be varied from time to

  • time.

  • I don't think China now is looked at as an economic power and this country

  • is still a developing country, and so most of the people that come to China,

  • they see Shenzhen, Beijing, Shanghai, they say that is developed country.

  • But if you drive 100 kilometer away, they say that is another world, like 20

  • years or 30 years before in China. But, that is opportunity.

  • That is why talent to like to say how long?

  • What is space for them to working here? I think the driving force in the

  • future is, one, multinational company. They attract more and more Chinese,

  • they study abroad. Send him to go back to working here.

  • That is one of big volume. Secondly, they come back, they want to

  • start up their own private company. So more and more high-tech company

  • is a startup by Chinese who have experience working in multinational

  • company or studying in the United States.

  • And Mr. Gopalakrishnan, you must be tired of people asking questions

  • whether it's China versus India. But if China succeeds in attracting the

  • best and brightest, will that show its effects to India?

  • No, I believe that there is space for both the countries to grow, which

  • is actually beneficial to everyone.

  • India will take its own trajectory of growth.

  • For example, right now, India has grown primarily on top of growth of services

  • sector. More than 50 percent of the economy

  • is service driven today. It's an interesting differentiation of

  • India in the sense that without getting into manufacturing, India has developed

  • a good services economy.

  • So India will look at attracting the best talent in two ways.

  • One, because of the growth of the economy, it attracts investment,

  • it attracts businesses, it attracts people to come back to the country.

  • And if the right environment is provided for entrepreneurship,

  • for businesses to flourish, for innovation to happen, definitely, you know,

  • the country will attract the right talent. The second way Indian,

  • especially Indian businesses would benefit is by recruiting people globally, either to

  • work in their operations around the world, or to work in India, you know,

  • to come back and work in India. We are having a larger and larger

  • number of non-Indians coming to India and working in India.

  • Now, if you look at our story itself, InfoSys itself, we have a significant

  • presence in China, in Eastern Europe, in South and Latin America,

  • in Philippines, etc. In China, we have 2600 people.

  • So we are actually benefitting from a growing educated population in China,

  • which wants to work for global companies.

  • So we're benefitting from that and we've grown quite heavily in China,

  • 2600 people. So we see this as a way for us to take

  • advantage of the creativeness of India, take advantage of growth in different

  • parts of the world, and the ability to

  • attract the right talent. We have to make sure that we create

  • the right environment, both in India as well as enforcer for these people to do

  • well. And in the end, IT industry,

  • including yourself, your company, is reaching out for Chinese talents as you have said.

  • Yes. So, you know, we have had good