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News Release 26:
Midwest Entrepreneurs' Forum
April 25, 2006

On April 12, 2006, the President attended the Midwest Entrepreneurs' Forum at the ITT Rice Campus in Wheaton, Illinois.  The Entrepreneurs' Forum was on Chinese-American partnerships with universities. Senior people with People’s Republic of China attended the Town Hall Meeting. They come to the United States to learn about entrepreneurship.

China’s focus has been upon education and particular the Masters in Business Administration (MBA) programs. Over the last twenty year, China has been developing hundreds of universities and graduated hundreds of thousand of MBA students. From the Chinese’s perspective, a MBA degree is learning about leadership and management skills to empower them to turn their visions into plans; and their plans into reality. Verses in the United States, a MBA is about obtaining function skills and expertise in very specific fields of marketing, accounting, sales, finance, etc.

The Chinese have extremely high ethical standards. They enjoy working together in a teams, which is part of their culture.

 

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