[As originally published in Global People and at HQRW.com.cn] Low Taek Jho (Jho Low) is an international investor, philanthropist, co-founder and Chief Executive Officer of Hong Kong Jynwel Capital Limited and Director of Jynwel Charitable Foundation Limited. Mr. Low was born in Penang, Malaysia in 1981, graduated from Harrow School in London in 2000 and received a Bachelor of Science in Economics with a focus on Finance from The Wharton School of the University of Pennsylvania in 2005. In 2014, Mr. Low received the International Entrepreneur of the Year Award from the Houston Asian Chamber of Commerce.
Global People online: What is your expectation for this year’s Two Sessions? What kinds of proposals would you would like to see?
Low Taek Jho: I hope to see more proposals on health, education and environmental conservation during the Two Sessions this year. These three sectors are the focus of Jynwel Charitable Foundation, and I personally care the most about them. Health is an international concern. My grandfather passed away from leukemia, and I too had a cancer scare, which fortunately turned out to be a false alarm. In China, health is also an equally important sector. The traditional pursuit of Kang-Le (Kang: health; Le: happiness) is an important aspect of Chinese society. Health and happiness are fundamental to the building of a moderately prosperous society. Moreover, a moderately prosperous society is the first comprehensive of President Xi’s “Four Comprehensives,” which means that developing the health sector not only embodies a traditional pursuit, but it also meets the demand of the modern China.
My support of education started with my grandfather, Mr. Low Meng Tak. He is ethnic Teochew from Guangdong, born in Yang Mei village. In his youth, he wasn’t in a good enough financial state to receive comprehensive education. He left his hometown to make his way in the world in order to fight for the chance of education for his children and grandchildren. In fact, his desire for better access to education went beyond his own offspring: after building a successful career, he came back to his home to donate to and support local education, helping more children find access to a classroom. Both Jynwel Foundation and I are trying to carry on his spirit by extensively supporting the education sector. It’s fair to say that support of education is a value passed down three generations in the Low family.
Lastly, I hope to see more proposals about environmental conservation, especially maritime and wildlife conservation. Jynwel Foundation is currently working with multiple international organizations to protect ocean ecosystems and wild cats. How to best protect the environment is a truly global concern. China has been working continuously and rigorously to find a solution. I believe that if China makes a high-profile motion towards conservation, countless will follow suit, with many organizations like Jynwel from all over the world working together to help China protect its natural resources.
Global People online: How does the “New Normal” and “One Belt And One Road” policy affect your industry?
Low Taek Jho: The economic “New Normal” is the current state of China’s economy: reasonably reducing the speed of growth in exchange for quality and sustainability. The principle of Jynwel Foundation is to “invest in deep-impact and high-value opportunities that will drive positive changes in people’s lives and create sustainable returns” which is completely in line with the spirit of “New Normal.” The “One Belt And One Road” policy not only boosts China’s economy and helps to build a moderately prosperous society, but also positively affects other countries. For example, the building of the Silk Road Economic Belt: we, as the Low Family and Jynwel Capital, have many partners in the Middle East, and the Arab World is a vital component of the ancient Silk Road. Developing the Silk Road Economic Belt, we hope to be proactively involved, and to make our contribution to the “One Belt And One Road” plan. I strongly believe that infrastructure is the link between global markets, resources, cultures, people, and ideas, and “One Belt And One Road” will propel the entire Asian economy.
Global People online: In the rise of the Mobile Internet Era, mobile medical care has also emerged. How will big data impact the medical and healthcare industries? At the same time, what are the challenges?
Low Taek Jho: Mobility and access are the most important aspects of medical advancement. Few patients anywhere in this world have access to cutting-edge treatment plans found in premier cancer centers; subsequently, this negatively impacts the quality of healthcare. Thus, I am a big supporter of the use of big data in the medical realm. Big data will powerfully impact the medical and healthcare industries’ ability to help more people, faster.
Based of big data technology, Jynwel Foundation is at the leading edge of cancer treatment. For example, the Foundation has been funding the development of mobile medical technology in Houston’s renowned cancer research center, MD Anderson. The technology, known as the Oncology Expert Advisor™ (OEA™), integrates data from clinical expertise, clinical trial results, studies, and best practices with specific patient information including tests, symptoms, and history to determine treatment options that each individual patient will best respond to. The impact of such an enormous database can influence the course of cancer treatment incredibly.
Using big data systems, such as the OEA, avails healthcare practitioners with the most current data, but also through one’s mobile device, a patient can get the same expert treatment as someone sitting in that premier cancer center. China’s people will greatly benefit from this scaling-out effect.