Following his speech, Schwarzman took questions from the audience, including those regarding the private equity industry both in China and globally. The forum then moved into panel discussions. The first panel’s theme was, “New Growth Engines for the World Economy” and was moderated by HU Shuli, Editor-in-Chief, Caixin media. The panelists were Sir John Bond, Chairman, Xstrata PLC, Former Chairman, Vodafone Group PLC, and Former Group Chairman, HSBC Holdings PLC; Lord Browne of Madingley, Former Group Chief Executive, BP PLC; Henri de Castries, Chairman and CEO, AXA Group; William E. Ford, CEO, General Atlantic LLC; Christopher B. Galvin, Chairman & Co-Founder, Harrison Street Capital LLC; and LI Daokui, Chair, Department of Finance, Tsinghua SEM.