During 18 to 21 October, 2016 local time, China Merchants Group Chairman Li Jianhong paid a field visit to LA and San Francisco,investigating a series of banks,consulting firms and high technological companies, such as Wells Fargo,First Republic Bank, Silicon Valley Bank,Danhua Capital,BCG Digital Ventures,McKinsey,Facebook and etc.. CMG Assistant President Hong Xiaoyuan kept company.

Wells Fargo is a time-horned financial institution with diversified services. He Yunzhang, Executive Vice President, and Xiao Bing, Senior Vice President, gave a detailed introduction about the structure and operation of retail business and the experience of risk management. Jason,COO of First Republic Bank,shared the experience of private banking. Greg, CEO of Silicon Valley Bank, introduced how to control risks when providing financial services to medium-size or small-size of high technology companies.

Walter, director of BCG Digital Ventures, presented how to forge digital innovative products with three vivid examples. Alex, the global expert of McKinsey, draw the latest trend of high technologies in Silicon Valley and insurances industry. Zhang Shousheng,Chairman of Danhua Capital, provided information of how to link America with China and capitals with technologies. Vaughan, Corporate Development Vice President of Facebook, gave introduction about company development.

Li Jianhong appreciated the fruitful results of this visit. China Merchants Bank should learn from the advanced experiences from Well Fargo,First Republic Bank,Silicon Valley Bank. The development model of America technological and innovative industries inspired us. We should seek for being a global leading enterprise with a more international vision.