International Focus Magazine Vol. 3, #4 | Page 49

cate a Medical City next to the new airport, and they would like the Texas Medical Center to be the partner. There is a lot of detail to be worked out. There were several conversa- tions prior to, during and since the trip, about how to build such a part- nership. It is complex. The fact that the people in China are looking to partner with our Medical Center is a major investment and commitment. Many conversations have taken place between the key parties. It has not yet progressed beyond discussions. When you are operating at the level of the NDRC, you know you are dealing with the highest levels of the China government. Often in dealing with China, we are trying to figure out whether the party we are talking with has the full support of the gov- ernment. Someone made the com- ment years ago when the Air China flight Houston to Beijing was created that this was of major significance. Beyond just adding another interna- tional flight, Air China goes where the government of China wants them to go. It was strategic. The dia- logue between Houston and China has since increased many folds. Let me mention one more thing. One of the last visits in Beijing, the third city of the trip, was with the National Energy Administration (NEA). It is their senior energy gov- ernment body. They spoke about the evolution of China and needing to use more clean fuel or natural gas. China sees Houston and Texas as a major supplier of LNG (Liquified Natural Gas). This was not a part of the discussion in 2013. We were having discussions about LNG with other Asian countries; but not, with China. Now, it is very much a part of the China discussion, because they made a commitment to clean up their air. Clean air means converting coal to natural gas. They realized this would be largely an import phenomenon. China also wanted to talk to Houston compa- nies about helping them develop the shale drilling, that they have in Chi- na. This would be a long-term op- portunity, because it would involve building a lot of infrastructure. Hence, this was a two-part conversa- tion-- LNG export from Texas, and the capability of U. S. companies, in- cluding Texas, to help China develop their shale plane. This is a major change; they have frankly not welcomed U.S. energy companies onto the mainland of Chi- na. For the most part, they reserved that market for the Chinese oil com- panies. That has really developed a lot of their skills. Then those companies went global and international, and several of them are in Houston. This idea that they’re welcoming Houston companies back onto the mainland of China is a major shift. The opportu- nity is still early but it’s like the con- versations we had in Mexico when they first started talking about energy reform. I think Houston companies are now looking at China and trying to decide whether the opportunities are real. How difficult or complex will they be? How many years will it take to generate revenue and build a presence. This is a major shift from where we were three years ago. Q: Some of the most pressing issues in Houston, according to regional leaders, McKinsey & Company and GHP are to develop, attract and retain talent, to make Houston an even bet- ter place to live. What is being done, and how can Houstonians help? A: You just described the priorities we put forth back in 2013. We are re- viewing them to determine whether they should continue to be the pri- orities. Nevertheless, they are still our current priorities. Houston relies heavily on bringing talent to Houston. We do not pro- duce the number of baccalaureate degrees in this Metropolis that we should. Look at the top 10 cities in the U.S. We produce fewer baccalau- reate degrees per capita than any of the other top ten cities. We just do not have as well-developed or the same scale of higher education in Houston. Now that might change iF Magazine | www.iFMagazine.net 49