“At China-ASEAN Expo, China and ASEAN private entrepreneurs conducted active discussions on how to carry out cooperation under the current complex and ever-changing international circumstances. This will be a great impetus to effective cooperation for private capital in China and ASEAN countries,” said Lei Jun, Vice Chairman of the All-China Federation of Industry and Commerce and Chairman and CEO of Xiaomi Group.
As one of the key events of the 16th China-ASEAN Expo, China-ASEAN Private Entrepreneurs Business Networking Session was held at Howard Johnson CAEXPO Plaza Nanning on September 20. The session was co-hosted by All-China Federation of Industry and Commerce and the Government of Guangxi Zhuang Autonomous Region, and undertaken by the China-ASEAN Expo Secretariat and Guangxi Federation of Industry and Commerce. The session was attended by over 40 participants, including Qiu Xiaoping, Vice Chairman of All-China Federation of Industry and Commerce and Vice Chairman of the Guangxi Committee of CPPCC; Mo Changying, Chairman of Guangxi Federation of Industry and Commerce; Yang Yanyan, Deputy Secretary General of the China-ASEAN Expo Secretariat; and founding members and representative members of China-ASEAN Entrepreneurs Association (preparatory). The event was co-presided by Lei Jun and Dai Liangye, Chairman of the Associated Chinese Chambers of Commerce of Malaysia and the Executive Chairman of Malaysian Sunsuria Group.
The continuing China-ASEAN cooperation provides vast business opportunities for private enterprises in China and ASEAN. Qiu Xiaoping, Vice Chairman of All-China Federation of Industry and Commerce, said in his speech that since the proposal of the Belt and Road Initiative and the construction of the upgraded China-ASEAN Free Trade Area, China and ASEAN have achieved fruitful results in economic and trade cooperation. From January to June this year, China-ASEAN’s import and export trade volume reached US$291.85 billion, a year-on-year increase of 4.2%. By the end of 2018, the two-way cumulative investment between China and ASEAN reached US$205.71 billion, and the two-way investment stock rose by 22 times in 15 years. ASEAN becomes a key area of overseas investment for Chinese enterprises. At the same time, a great many projects are in full swing. These provide broad business opportunities for the cooperation and development of private enterprises in China and ASEAN. China-ASEAN private enterprises, said Qiu Xiaoping, also play a pivotal role in promoting the bilateral cooperation and development.
Guangxi strives to serve the cooperation among China-ASEAN private enterprises. Mo Changying, Chairman of Guangxi Federation of Industry and Commerce, said in his speech that given the new all-round open development, Guangxi is striving to build an international corridor, set up an open platform, deepen cooperation in production capacity, and optimize the business environment in support of private enterprises that develop in Guangxi. Guangxi will work together with Chinese and ASEAN entrepreneurs to create a glorious future.
The China-ASEAN Private Entrepreneurs Business Networking Session covers a wide ground on high-level topics. Entrepreneurs from participating countries introduced the business opportunities of their cooperation with Chinese and ASEAN enterprises. Centering on opportunities and challenges for Chinese private enterprises that make industrial investment in Southeast Asia, participants made active communication and put forward many constructive opinions on topics such as the current China-US trade situation and how Chinese and ASEAN entrepreneurs conduct cooperation. The session events foster the mutual understanding of Chinese and ASEAN private entrepreneurs, and strengthen information communication and exchange. It is of great significance for building an effective cooperation platform for China-ASEAN private capital and realizing the resources sharing and win-win cooperation for entrepreneurs in China-ASEAN economic and trade fields.
Entrepreneurs from China and ten ASEAN countries are actively involved in the session. More than 40 well-known Chinese and ASEAN entrepreneurs attended the session events and expressed opinions and suggestions. Yang Tianpei, the permanent honorary president of Malaysia-China Chamber of Commerce (MCCC), said in his speech that our company is developing steadily in today’s volatile world economic situation due to the friendly cooperation between China and ASEAN.