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Wharton China Summer Program |  | |||
Company VisitsAir China 
Air China is the largest and most internationally recognized airline companies in China. It is a state-owned air transport enterprise, but will be gradually transformed into a "diversified share-holding" limited company, or joint-stock company. The new Air China will promote the foundation of airline networks. Based in Beijing, it predominantly services the Yangtze Delta, Zhujiang Delta and Chengdu-Chongqing Economic Zone, connecting hub and regional aviation, and supporting overseas lines. In the past, Air China has signed agreements with multiple domestic airlines, and more than 60 foreign airlines including Deutsche Lufthansa. ARRAIL Dental 
Affiliated with University of Pennsylvania School of Dental Medicine (UPSDM), ARRAIL Dental, a pioneer in China’s private dental service market, was founded in 1998 and opened its first clinic in Beijing in April 1999. The board of directors at ARRAIL Dental consists of seasoned professionals from the world health and pharmaceutical sectors. From the very beginning, ARRAIL Dental has had a clear mission, which is to provide its customers with high quality dental services at a reasonable price, and to establish the largest dental service network in China. Currently ARRAIL Dental has 11 clinics in Beijing, Shanghai and Shenzhen with 92 treatment suites. Boeing 
Boeing is the world's leading aerospace company and the largest manufacturer of commercial jetliners and military aircraft. The company’s reach extends to customers in 145 countries around the world. Headquartered in Chicago, Boeing employs more than 153,000 people in 67 countries. Its main capabilities include creating new, more efficient members of its commercial airplane family; integrating military platforms, defense systems and the warfighter through network-centric operations; creating advanced technology solutions that reach across business units; e-enabling airplanes and providing connectivity on moving platforms; and arranging financing solutions for customers. China MinSheng Bank 
China’s first privately owned bank, China Minsheng Banking Corp, is likely to be the top choice for foreign banks, given its nationwide networks and good financial health. Since its establishment more than ten years ago, Minsheng has achieved rapid growth in terms of assets and profit. Minsheng has established 20 main branches in China, has more than 200 banking outlets, and also holds correspondent relationships with 749 overseas banks in 78 nations and regions. China National Petroleum Company 
China National Petroleum Company is one of the world's leading integrated energy companies. It is a state holding company who serves as China’s largest producer and supplier of crude oil and natural gas, holding a dominant position in domestic petroleum production, processing, and marketing sectors. At the same time, CNPC is also a major producer and supplier of refined oil products and petrochemicals. CNPC was ranked tenth among the world's top 50 petroleum companies by U.S. Petroleum Intelligence Weekly in 2001. In 2005, the company ranked 46th in the Fortune Global 500 in terms of sales revenues. China Netcom 
China Netcom Group Corporation Limited, abbreviated CNC, is a leading broadband communications and fixed-line telecommunications operator in China. Its service region in China consists of Beijing Municipality and other northern provinces. In these regions, it has virtually a monopoly of fixed-line telephone services, broadband and other Internet-related services, as well as business and data communications services. In 2006, China Netcom’s consolidated revenue was USD 11bn and its net profit was USD 1.2bn. GE Healthcare 
General Electric healthcare, formerly Amersham Biosciences, is a world leader in the provision of services in medical imaging and information technologies, medical diagnostics, patient monitoring systems, disease research, and drug discovery. It is one of the six companies that have already established themselves in China. The GE Healthcare Bioscience branch of GE, the most prominent division, brings 30 million dollars in revenue each year. Goldman Sachs 
Founded in 1869 to become one of the world’s most prestigious investment banks, Goldman Sachs offers mergers and acquisitions advisory, underwriting services, proprietary trading, private equity, principal investments, and asset management to clients. It opened a representative office In Beijing in 1994, and was the first foreign investment bank to obtain a license to trade China B shares on the Shanghai Stock Exchange. Industrial and Commercial Bank of China 
The Industrial and Commercial Bank of China is one of the four major public banks in China. ICBC has historically been the most well received bank by the Chinese population. Recently, ICBC has been undergoing significant infrastructural changes and increasing its international visibility. ICBC’s initial public offering in 2006 was the world's largest IPO to date, surpassing the previous record held by Japan's NTT DoCoMo in 1998. China’s largest commercial bank is also the first company to debut simultaneously on both the Hong Kong and Shanghai stock exchanges. Morgan Stanley 
Morgan Stanley leads diversified financial services in global securities, asset management, and credit. It was one of the earlier international financial firms to enter the China property market, establishing branch offices in Beijing and Shanghai in 1994. Morgan Stanley became the first international securities firm to participate in China's first joint venture investment bank, China International Capital Corporation Limited, in 1995. Morgan Stanley is also an advisor on many of China's most complex and groundbreaking transactions, such as China Construction Bank's USD 9.2bn IPO in 2005. O'Melveny & Myers 
O'Melveny & Myers is recognized as one of the leading international law firms in China, with a practice covering a broad range of industries, clients and matters. It offers a unique combination of Chinese local know-how and international law firm excellence. O’Melveny & Myers has over 80 professionals in its China Practice, including 10 partners and a large group of talented counsel, associates and legal consultants. Its Beijing office, opened in 2002, is already of substantial size and enjoys a vibrant practice. PCCW 
PCCW Limited is the largest and most comprehensive provider of communications services in Hong Kong and is one of Asia's leading players in Information and Communications Technologies. The company's unique position as Hong Kong's principal telecommunications provider has allowed it to develop Asia's broadest spectrum of communications services, from Global Network Solutions to customer-centric call centers, sophisticated IT Solutions and value-added consulting services. In efforts to expand its influence in the mainland market, to date the company has formed more than 20 joint and independent ventures in China. Taikang Life 
Taikang Life Insurance Co Ltd. is a nation-wide, share-holding life insurance company in China. Headquartered in Beijing, the company now has 32 branches and 181 sub-branches throughout the country. It has become the fifth largest insurance company in China. With completion of increasing capital shares to domestic and foreign investors in December 2000, Taikang has introduced Winterthur, Tetrad Ventures Pet., Ltd, Banque Leu (Luxembourg) S.A. and Soft Bank, Japan as its foreign shareholders. Up to June 2006, its return on premium is over $ 2.5bn and total assets are $11bn. UBS 
UBS is one of the largest global financial firms, specializing in wealth management, investment banking and securities. In investment banking, UBS provides a range of services to institutional and corporate clients, governments and financial intermediaries. UBS has been in China since 2003 and since then has risen to be among the top investment banking institutions in the country. It has played an important role in bringing foreign institutions into China, coupling the opening-up of China's domestic stock market with economic stimulation. |