Prospectus Submitted for the 2021 Inaugural China Smart Healthcare Innovation and Entrepreneurship Development Forum Held in Shanghai

On October 23, 2021, the “First China Smart Healthcare Innovation and Entrepreneurship Development Forum,” hosted by the CEIBS Smart Healthcare Research Institute, the CEIBS Alumni Smart Healthcare Entrepreneurship Association, and the Investment and Financing Branch of the China Non-Public Medical Institutions Association, and co-organized by the Executive Education Department of CEIBS, Sharing Investment, Shanghai Maisi Shusheng Cultural Exhibition Industry Development Co., Ltd., Beijing Chengyi Health Management Co., Ltd., and Roentgen (Shanghai) Medical Technology Co., Ltd., with sponsorship support from Qidong Life Health Science Park, was grandly held at the Petrochemical Hall of the CEIBS Shanghai Campus. Mr. Huang Fanzhi, President of the CEIBS Alumni Smart Healthcare Entrepreneurship Association and Founding Partner of Sharing Investment, presided over the conference.

Academicians Li Lanjuan and Wang Weiqi of the Chinese Academy of Engineering, and Academician Huang Hefeng of the Chinese Academy of Sciences, delivered video addresses and keynote speeches at the Academicians’ Special Session. They jointly attended the forum’s opening ceremony alongside other distinguished guests, including Professor Wang Hong, Dean of CEIBS; Professor Zhu Xiaoming, Former Dean of CEIBS; Shan Junbao, President of CICC Capital and President of the Investment and Financing Branch of the China Non-Public Medical Institutions Association; Li Guohua, Deputy District Mayor of Pudong New Area, Shanghai; Professor Wang Gao, Professor of Marketing at CEIBS; and Huang Fanzhi, Founding Partner of Sharing Investment and President of the CEIBS Alumni Smart Healthcare Entrepreneurship Association. Over 400 academic experts, industry authorities, sector leaders, healthcare entrepreneurs, and medical investors from five major healthcare fields—new drug R&D, biotechnology, innovative medical devices, medical services, and healthcare investment—attended the conference in person. Four thousand viewers watched the event online, and it received high acclaim from attendees.

Forum Launch Ceremony (from left to right: Li Guohua, Deputy Mayor of Pudong New Area, Shanghai; Professor Zhu Xiaoming, Chair of the Academic Committee of the CEIBS Institute for Smart Healthcare; Academician Huang Hefeng, Chinese Academy of Sciences; Academician Wang Weiqi, Chinese Academy of Engineering; Wang Hong, Dean of CEIBS, Professor of Management, and Hengdian Group Chair Professor of Management; Shan Junbao, President of CICC Capital and Chairman of the Investment and Financing Branch of the China Non-Public Medical Institutions Association; Dr. Sheng Zelin, Founder of Zeltz Biopharma; Dr. Luo Wen, Founder of Soontek Pharmaceuticals; Huang Fan, President of the CEIBS Alumni Smart Healthcare Entrepreneurship Association and Founding Partner of Sharing Investment))

Addressing more than 400 innovators and practitioners from China’s healthcare industry who were participating in the forum, Academician Huang Hefeng, a Chair Professor at Fudan University and Member of the Chinese Academy of Sciences, issued a fervent call, urging entrepreneurs and innovators in China’s healthcare sector to boldly step forward and assume their mission in this era.

Academician Li Lanjuan, Chinese Academy of Engineering

Academician Li Lanjuan of the Chinese Academy of Engineering pointed out that the integration of emerging technologies—such as mobile internet, wearable devices, and big data—with new business models is fundamentally reshaping the cognitive framework of healthcare. China is gradually entering a new phase of smart healthcare, and the smart healthcare industry will undoubtedly drive the development of the “Healthy China” initiative. In the future, the healthcare sector will incorporate more advanced technologies, including artificial intelligence and sensor technology, enabling medical services to achieve genuine intelligence. In this new era, the deep integration of big data, artificial intelligence, and healthcare holds exceptional value and significance.

Academician Wang Weiqi, Chinese Academy of Engineering

Based on innovations and breakthroughs in “chokehold” technologies within China’s healthcare sector, Wang Weiqi, an academician of the Chinese Academy of Engineering, provided a detailed interpretation of the Industrial Foundation Development Catalog (2021 Edition), with a particular focus on key healthcare-related areas. He pointed out that China must currently wage a determined campaign to advance the upgrading of industrial foundations and the modernization of industrial chains. The purpose of compiling the industrial catalog is to provide references for government-led efforts to tackle critical technological challenges and to guide the allocation of social capital. The healthcare industry has become a focal point of competition among major powers, and achieving self-reliance and controllability in high-end medical equipment has risen to the level of national strategy.

Academician Huang Hefeng, Chinese Academy of Sciences

Academician Huang Hefeng pointed out that at the recent Joint Conference of Academicians of the Chinese Academy of Sciences and the Chinese Academy of Engineering, the national government proposed new mechanisms—namely “open competition” and “horse racing”—to break through “chokepoint technologies.” In essence, the state is publicly calling for talent. She expressed her hope that Chinese innovators and entrepreneurs would courageously assume their contemporary mission: to “ride forth and claim the postings issued by the state,” thereby accepting the binding commitments.

Wang Hong, Dean of CEIBS, Professor of Management, and Hengdian Group Chair Professor of Management, extended warm congratulations on the opening of the “2021 (1st) China Smart Healthcare Innovation and Entrepreneurship Development Forum,” pointing out that “the last mile of smart healthcare, precision medicine, and scientific medical research directly contributes to human well-being.” She praised Professor Zhu Xiaoming, former Dean of CEIBS and Chair of the Academic Committee of the CEIBS Institute of Smart Healthcare, along with several academicians, for assuming responsibility from a holistic perspective, with forward-looking vision, a sense of national mission, and academic accountability. She also expressed gratitude to CEIBS alumni for their active contributions to supporting CEIBS and China’s economic development.

Professor Zhu Xiaoming shared the 10-year journey and academic achievements of China and Europe in the field of smart healthcare, while expressing great expectations for its future. He stated that today, evidence-based medicine, clinical medicine, precision medicine, and translational medicine are all in urgent need of digitalization, intelligentization, and smart integration. The China-Europe Smart Healthcare Entrepreneurship Course is both timely and well-suited to this need. “Doctors now receive vast amounts of quantitative data 24 hours a day, seven days a week, and this trend continues to accelerate. Within ten years, we will live in a world where nearly everything that can be measured will be continuously monitored.” He suggested that the topics for the association’s next forum and the research institute’s next phase could be more diversified, such as:

1. Radiological Imaging: New Research on Visual Intelligence, Deep Learning, and Convolutional Models;

2. Transformation of Medical Services: New Achievements in Digital Solutions;

3. Development of Traditional Chinese Medicine: The Integrated Development of the Four Diagnostic Methods (Inspection, Auscultation and Olfaction, Inquiry, and Palpation) with Digitalization and Intelligence;

4. Industry-Academia-Research-Medicine Collaboration: Exclusive Entrepreneurship and Innovation Themed Forums for Students of Cohorts 1–6 of the China-Europe Smart Healthcare Entrepreneurship Program;

5. Thematic Keynotes: Forums Featuring Academician Presidents and Renowned Physicians (e.g., the proposed Dentistry Forum).

Shan Junbao, President of the Investment and Financing Institutions Branch of the China Non-Public Medical Association and President of CICC Capital, pointed out that no other industry in China combines three major dividends like the pharmaceutical, medical, and broader health sector: dividends from industrial transformation, policy reforms, and support from capital markets. “Investors often say it is better to miss an opportunity than to make a wrong investment. However, when it comes to biopharmaceuticals, many frequently remark that it is better to make a wrong investment than to miss out. You may bet on the wrong player, but you cannot afford to miss an era.”

Deputy District Mayor Li Guohua of Pudong New Area stated that the district is highly committed to collaborating with China-Europe partners to build a world-class foundation for the biopharmaceutical and digital health industries, establishing Pudong as the most reputable hub in China.

The afternoon session featured keynote speeches by more than 30 industry leaders across five major sectors, each delivering compelling presentations. During the roundtable discussions, participants engaged in in-depth exchanges on five key topics: pathways to breakthroughs in China’s new drug R&D, the development of biotechnology and medical advancements, challenges and opportunities in medical device innovation, integration of innovative elements into healthcare services, and capital market transformations alongside medical investment opportunities. The distinguished guests exchanged insights with brilliance and vigor, fostering a dynamic clash of ideas that sparked vibrant intellectual discourse. Together, they presented a thought-provoking feast designed to inspire innovation and entrepreneurship.

Moderated by Dr. Luo Wen, Founder of Sorrento Therapeutics; attended by Dr. Liu Binlei, Founder of BinHui Biopharma; Dr. Liu Shumin, Founder of Kangyuan Jiuyuan; Dr. Sheng Zelin, Founder of Zelgen Biopharmaceuticals; Dr. Li Hangwen, Founder of StemRNA; and Dr. Zheng Weiyi, Founder of Yingnuo Pharmaceuticals.

Presided over by Dr. She Zhending, founder of Landu Bio, the event was attended by Chen Yiding, founder of ACROBiosystems; Wang Sizhen, founder of Genetron Health; Dr. Xu Mingen, founder of Jenuo Biotech; Xia Jiang, founder of Leading Gene; and Zhou Ji, founder of HuaRui TongKang.

Moderated by Dr. Yuan Yuyu, Founder of MicroPort NeuroTech, the event was attended by Dr. Chen Chen, Founder of Syncare Medical; Dr. Li Weigong, Founder of Weigong Technology; Mr. Wang Hao, President of Siemens Healthineers Greater China; Mr. Dai Ying, Vice President and Chief Innovation Officer of GE Healthcare China; and Mr. Yu Qifeng, Founder of New Pulse Medical.

Moderated by Professor Feng Xiaoyuan, Founder of Roentgen Medical, the event was attended by Professor Duan Tao, Sixth-Term Chairman of the Chinese Society of Perinatal Medicine; Dr. Sun Yan, Founder of Happy Dental; Song Tao, Founder of Mijia Health; Dr. Yu Rong, Founder of Meinian Onehealth Healthcare; and Zhao Songqing, Chairman of Chengyi Health.

Moderated by Huang Fanzhi, Founding Partner of Fenhe Capital and President of the CEIBS Smart Healthcare Entrepreneurship Association, the event was attended by Chen Penghui, Founding Partner of Boyuan Capital; Hong Tan, Managing Director at Legend Capital; Li Wengang, Managing Director at Yunfeng Capital; Shan Junbao, President of CICC Capital Operations Co., Ltd. and President of the Investment and Financing Institutions Branch of the China Non-Public Medical Institutions Association; and Zhang Leidi, Managing Director at China Life Equity Investment.

Finally, Mr. Huang Fan, representing the organizers, stated that this forum is the inaugural innovation and entrepreneurship forum held since the establishment of the CEIBS Alumni Smart Healthcare Entrepreneurship Association and the CEIBS Institute for Smart Healthcare. This forum aims to set a benchmark in the field of smart healthcare and establish itself as an annual industry flagship event. By synergizing innovative technologies from both domestic and international sources and integrating global resources, the forum seeks to advance technological innovation and development in smart healthcare, thereby making its due contribution to creating a better future for human society.