Shanghai Business Community Races Out of the Office for J.P. Morgan Corporate Challenge®
Capacity crowd of 5,000 entrants from more than 200 companies takes part; 5.6km road race serves as benefit for YouChange Foundation
Shanghai, 13 November – The 8th annual J.P. Morgan Corporate Challenge® in Shanghai – China’s most popular after-work team road race – will be conducted this afternoon.
A total of 5,000 runners and walkers from more than 200 companies registered in the 5.6km team road race. The participants will take off at 15:00 from a starting line at the Shanghai Oriental Sports Center. There are fast runners, joggers and walkers, with the Corporate Challenge being an all-inclusive event designed to promote fitness and camaraderie in the workplace. Following the event, the companies will celebrate in the hospitality village.
“We are excited to bring the J.P. Morgan Corporate Challenge to Shanghai for the eighth consecutive year. This proprietary event of the firm has successfully brought together colleagues and friends from the business community to promote healthy competition, camaraderie and teamwork,” said Mark Leung, CEO of J.P. Morgan China. “China represents one of the largest opportunities in the world for many of our clients and for J.P. Morgan. We are fully committed to bringing the full force of J.P. Morgan to China to support our clients and the local community.”
The participants also take pride in that their efforts are commemorated via a donation to a worthy cause. J.P. Morgan will donate to the China Social Entrepreneur Foundation (YouChange Foundation) in the launch of cross-border e-commerce workforce training program, which helps address workforce shortage issues in the emerging e-commerce industry and assists the underprivileged young students to find job opportunities.
“It is a tremendous opportunity to showcase the E-commerce workforce training program at the Corporate Challenge,” said Zhang Jing, Deputy Secretary General, YouChange Foundation. “Not only does this gain us race night exposure to business leaders from over 200 companies in Shanghai, but also worldwide awareness of the issue through partnership with the J.P. Morgan Corporate Challenge Series.”
For the third consecutive year, CIFM Asset Management is the largest participating company in the Corporate Challenge in terms of total entrants. CIFM registered 408 employees, followed closely by Eaton (327 entrants) and Shanghai Disney Resort (252).
Companies of all sizes and industry groups enjoy the Corporate Challenge blend of healthy competition and teamwork, including General Electric, which participates at J.P. Morgan Corporate Challenge Series events in six different cities around the world. “There is no better investment than in the healthiness of our people,” said Charles Cao, Managing Director of Corporate Treasury of GE. “The location of the Corporate Challenge, being close to the Huangpu River, helps the team witness the great and fast changes of the city. It’s about the care of our employee’s well-being, teambuilding, fun, and networking. Thanks to J.P. Morgan for making it happen!”
The J.P. Morgan Corporate Challenge® Shanghai is one of three runs organized in Asia Pacific, including an event held on 26 April in Singapore, and one on 31 October in Sydney. In its 42nd consecutive year of operation, the J.P. Morgan Corporate Challenge® Series will attract approximately 254,000 entrants from 7,500 companies in 2018. In total, J.P. Morgan owns and operates 13 Corporate Challenge events in seven countries on five continents. For more information on the J.P. Morgan Corporate Challenge® Series, please visit https://www.jpmorgancc.com.