At the 29th GRIPS Forum held on 12 April, 2010, GRIPS invited Mr. Haiteng Chen, Chief Representative of Baidu, Inc. in Japan and Director of Baidu Japan Inc. to deliver a lecture entitled andquot;Outlook for the Chinese IT Market: Business Opportunities in a 1.3-Billion-Person Consumer Marketandquot;. He presented concrete data to explain the overall Chinese IT market situation, Baiduandrsquo;s business strategy, the key to success for advancement overseas, and how Baidu get the most market share in China as a search engine company. Mr. Chen also answered questions respectfully during a Qandamp;A session. The lecture was very fruitful.