Capturing Opportunities for Innovation in Asia s Metropolitan Regions. Edward Leman President, Chreod Ltd. 27 March 2013
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1 Capturing Opportunities for Innovation in Asia s Metropolitan Regions Edward Leman President, Chreod Ltd. 27 March
2 Russian Federation Indonesia India China Brazil Euro area (15 United States United Kingdom Korea Japan Germany France Canada Source: OECD (2013) % of World's GDP Share of World s Gross Domestic Product (2012, 2030)
3 Russian Federation 73.9 Indonesia India China Brazil Euro area (15 countries) 40.6 United States United Kingdom Korea Japan Germany Source: OECD (2013) France Canada % change in GDP, India s and China s GDP will more than quadruple by 2030
4 Asia s economic growth will not happen in the countryside 4
5 Cities will be where Asian economies grow 5
6 Urbanizing Asia,
7 Metropolitan Regions are key drivers of Asia s economic growth. Source: Chreod Ltd. Generalized Structure of Metropolitan Regions 7
8 Pearl River Delta: urban builtup area 8
9 182 of World s 454 metropolitan regions are in Asia (41%) Source: Chreod Global Metropolitan Database Asia s Metropolitan Regions (> 1 mn),
10 Source: Chreod Global Metropolitan Database Population of Asia s Metropolitan Regions
11 North America TOTAL ASIA East Asia Southeast Asia South Asia Central Asia Source: Chreod Global Metropolitan Database number of Metropolitan Regions Number of Asia s Metropolitan Regions
12 Tokyo Seoul Shanghai Mumbai Sao Paulo Mexico City New York-Newark Beijing Delhi Hongkong-Shenzhen Kolkota Dhaka Guangzhou-Foshan Chengdu Buenos Aires Karachi Los Angeles-Long Beach-Santa Ana Changsha Cairo London Rio de Janeiro Chongqing Istanbul Metro Manila Osaka-Kobe Wuhan Paris Xian Jakarta (DKI) Lagos Moscow Hangzhou Nanjing Shantou Xiamen Chicago Shenyang Kinshasa Jinan Tianjin Hefei Shijiazhuang Dongguan Lima Santa Fé de Bogotá Tehran Changchun Fuzhou, Fujian Bangalore Ho Chi Minh City population millions of the world s largest metropolitan regions are in Asia; 21 are in China Source: Chreod Global Metropolitan Database World s Most Populous Metropolitan Regions, 2010
13 13 of the world s largest metropolitan economies in 2020 will be in Asia; 19 in North America Source: PriceWaterhouseCoopers. UK Economic Outlook for March, Largest Metropolitan Economies, 2030
14 Tokyo New York Los Angeles London Chicago Paris Mexico City Philadelphia Osaka/Kobe Washington DC Buenos Aires Boston Sao Paulo Hong Kong Dallas/Fort Worth Shanghai Seoul Atlanta San Francisco/ Oakland Houston Miami Toronto Moscow Mumbai Madrid Istanbul Detroit Seattle Beijing Metro Manila Sydney Rio de Janiero Jakarta Delhi Phoenix Guangzhou Kolkata Minneapolis San Diego Singapore Cairo Barcelona Melbourne Denver Rome Montreal Bangkok Milan Tehran Riyadh % change in Metropolitan GDP, Source: PriceWaterhouseCoopers. UK Economic Outlook for March, fastest growing metropolitan economies in the world are in Asia: 10 will more than double their GDP from Per cent Change in Metropolitan Economies,
15 Shanghai Pudong 15
16 Not IF but HOW to engage with Asia s metropolitan regions
17 Canada s engagement must be demand driven and go beyond oil, gas and minerals. We need to better understand market demands.
18 What is needed? lots of sustainable infrastructure lots of sustainable buildings huge mobility (transport) improvements within and between cities lots of investment innovative financing
19 Growing middle class demanding: better environmental quality safer cities (natural disasters) smarter cities (energy) affordable cities.
20 Asia s metropolitan regions need to be hugely innovative if they are to become environmentally, socially, and financially sustainable.
21 Canada s innovators need to engage with Asian metropolitan regions: companies design professions city governments public agencies universities.
22 Federal government should take on a coordinative and supportive role in Canada s engagement with Asia s metropolitan regions.
23 Way Forward two parting ideas on moving forward 23
24 EDC and CPP Investment Board spearheading a $1 bn innovative urban investment fund to support Canadian innovators in Asia s metropolitan regions
25 NRC, SSHRC, IDRC, companies to capitalize a $100 mn Urban Innovation Fund to support commercial and academic R+D on sustainable development of Asia s metropolitan regions.
26 Sorry I couldn t make it to today s session. Best wishes from Beijing for a productive discussion!
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