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Hugo Shong, Executive Vice President of International Data Group, Inc, President of International Data Group (IDG) Asia/China, and Founding Partner of IDG Technology Venture Investment (IDGVC), has headed IDG’s operations in information technology (IT) publishing, market research and tradeshows in the Asia Pacific region. IDG is the world’s leading IT media, research and exposition company with revenue of US $3.02 billion (2007) and 13,500 employees worldwide.
IDG Asia has 60 IT-related newspapers and magazines in 20 Asian countries with a total combined readership exceeding 12,000,000, produces 36 tradeshows and operates15 IDC research centers in the region.
Prior to joining IDG in November 1991, Mr. Shong had worked for three years at Cahners Publishing Company as managing editor of Electronic Business China, Electronic Business Asia and EDN Asia magazines. In June 1991, Mr. Shong was awarded the first prize for the best report on Chinese Americans by the Organization of Chinese Americans (OCA).
In 1993, Mr. Shong helped IDG launch Pacific Technology Venture -- China (recently re-named IDGVC), which now has $120 million under management. He is also President of the parent Pacific Technology Venture Fund that operates out of the U.S. and invests through Asia.
Mr. Shong completed the Harvard Business School’s Advanced Management Program in the fall of 1996. He was a Research Fellow at the Fletcher School of Law and Diplomacy 1987-88 and earned a Master of Science from Boston University’s College of Communication in 1987. In China’s mainland, he graduated from the Graduate School of the Chinese Academy of Social Sciences in 1986 with a Journalism degree. He completed his undergraduate work at Hunan University.
In 1994 and 1995, Mr. Shong joined the Massachusetts Trade Missions headed by Governor Paul Cellucci to attend the events hosted by IDG Technology Venture Investment and IDG Asia in Guangzhou of China and Hanoi of Vietnam respectively.
On October 27, 1998, IDG signed a memoir with China Ministry of Science and Technology on the investment in medium and small-sized high-tech industries in China in the next seven years, with a total investment of US $1 billion. In the same month, President Jiang Zemin met with McGovern and Hugo Shong at the Diaoyutai Guest House in Beijing.
Hugo Shong cares much about the education in China. In November 1996, he donated 1 million yuan to Hunan University, his Alma Mater, to set up “Xiong Xiaoge Foundation.” Afterwards, he donated dozens of RMB in the construction of infrastructure of the school. In 1988 when China was hit by flood, he made a special trip to Hunan from the US and donated 200,000 yuan to individuals in flood-stricken areas. In addition, he donated 1 million yuan to flood relief activity in China on behalf of the company. On October 3, 2001, Hugo Shong donated another 1 million yuan to Hunan University to construct a natatorium at the 20th anniversary ceremony of students graduated in 1981.
When President Jiang Zemin and Premier Zhu Rongji visited the United States in October 1997 and April 1999 respectively, Hugo Shong actively participated in the reception work in Boston. As a major host, Hugo Shong participated in the organization of the huge banquet held to welcome Premier Zhu Rongji in Boston. In the year 2000, with Hugo Shong’s planning, IDG became an important sponsor for “Experience Chinese Culture in the United States” held by the State Council Information Office.
In 2004, he set up two awards – “Hugo Shong Lifetime Journalism Achievement Award” and “Hugo Shong Journalist of the Year Award for Reporting on Asia” -- at the College of Communication of Boston University. Ted Koppel, 40-year veteran of ABC News and anchor of television’s first late-night network news program, “Nightline,” was honored with the first annual “Hugo Shong Lifetime Journalism Achievement Award.” In addition, Hugo Shong was a winner of 2004 Alumni Award of Boston University.
Hugo Shong is now Chairman of China Venture Capital Association (CVCA) and a trustee of Boston University.
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