The alternative creative scenes in China are still young, they say, and China needs a greater history behind these art forms first.
The innovative and creative side of China will emerge and will be part of the next phase of the growth of the industrial base in China.
Ogilvy recently lured Graham Fink, one of the top creative directors in London, and appointed him chief creative officer of Greater China.
He highlighted the importance also of the forthcoming UNESCO Creative Economy Report, the Congress in Hangzhou, China, on culture and development and the forthcoming UN General Assembly debate on the same theme.
"Endowed with significant creative capacity and a large consumer base, India and China are rapidly reshaping the global knowledge economy of tomorrow, " Jaideep Prabhu, Professor of Indian Business and Enterprise at the school, said in a statement announcing the event.
The reasons, however, are different: while in China my fright stemmed from high speeds and the creative maneuvers many drivers employed to beat traffic, in India the primary reason for my concern was the generally poor quality of the roads.
What will move China in this direction is a Schumpeterian regime of creative destruction that will let the country have its own Steve Jobs, Bill Gates, and Mark Zuckerberg, who will discover and exploit new business opportunities, and develop new business enterprises where people work smarter not harder.
Key members of Disney's creative team spent three weeks soaking up the sights and sounds in China.
Tsinghua: Will China have corporations like Google or Apple that are highly creative?
Jack: There is no doubt that China economy will ultimately spawn companies like Google and Apple that are highly creative.
But I believe with the emerging market in China and the fact that you mentioned earlier, there's more cars sold in China than in all of North America that it really - they have to capture that new creative and innovative market.
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