On August 31, the program held the opening ceremony in Tsinghua SEM. Mr. XUE Lei, Director of Executive Education of Tsinghua SEM, and Ms. XIE Qihong, Associate Director of Executive Education attended the ceremony. Mr. XUE said CIC is a very important partner of Tsinghua. The program just suits business development needs of CIC. He hopes all the participants could learn advanced experience and effective method in both INSEAD and ESCP Europe. Mr. DONG Shi, Director of China Construction Bank, sincerely wishes this program a great success. He hopes participants truly understand international views on corporate governance and suggestions in the efforts of the parties. Professor David Daokui LI, director of Center for China in the World Economy (CCWE) of Tsinghua SEM, and Professor YANG Bin, Senior Associate Dean of Tsinghua SEM, then gave the lecture on “Chinese Economy Under International Background” and “China's Leading Enterprise Management Gene”, respectively.