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World Chinese Entrepreneurs Convention world event for Chinese: SCCCI President Teo Siong Seng

08-04-2011 14:05 BJT

SINGAPORE, Aug. 4 (Xinhua) -- Twenty years after Singapore hosted the first biennial meeting of the World Chinese Entrepreneurs Convention (WCEC) in 1991, WCEC once again came to Singapore and is of great significance, said Teo Siong Seng, president of Singapore Chinese Chamber of Commerce and Industry ( SCCCI).

WCEC, which will convene its 11th conference on Oct. 5-7, has become the global platform for Chinese entrepreneurs to strengthen economic cooperation and promote communication and understanding, and is a world event for Chinese businesspeople, said Teo Siong Seng in an interview with Xinhua.

The president said Singapore is WCEC's birthplace. After two decades of development, WCEC's brands and strength are greatly improved. It will provide a global platform for the old and new generations of Chinese businesspeople to conduct exchanges and communication.

"So 20 years later, we need to gather the old generation and the new generation of Chinese entrepreneurs to work together and learn from each other," Teo Chung Yeung said.

WCEC has been convened every two years respectively in China's Hong Kong, Thailand, Canada, Australia, China, Malaysia, South Korea, Japan and the Philippines.

The president said the conference theme is: the new pattern, new Chinese entrepreneurs, new incentives. The three "new" of Chinese Entrepreneurs Convention reflects this purpose, that is to carry on the past and open a way for future. To this end, conference organizers has produced a documentary to review and affirmed the achievements and contributions of the past ten conventions.

There are four important forums for the convention: successful entrepreneurs forum; social and cultural forum; young entrepreneurs Forum; ministerial World economic forum, according Teo.

"Among the Chinese businesspeople to participate in the forums, the youngest only 30 years old, the oldest 80 years old, so I think this is a rare opportunity to bring together our Chinese businesspeople together. How to make young Chinese entrepreneurs to learn from the old, while providing an opportunity for the old Chinese entrepreneurs to open their horizons, this is our purpose to hold the 11th WCEC," Teo said.

When the first WCEC held in Singapore, the president said, Singapore's leaders, especially Lee Kuan Yew, paid great attention to the convention. They said the development of Chinese businesspeople around the world has reached a new stage, and it is necessary to create an opportunity for their better development. So, to follow Lee Kuan Yew's initiative, SCCCI hosted the first WCEC.

Teo said, the 11th convention will select a permanent logo for the World Chinese Entrepreneurs Convention. Before, there some changes at each of the past conventions. Singaporean Prime Minister Lee Hsien Loong and the three groups (Singapore Chinese Chamber of Commerce and Industry, Hong Kong Chinese Chamber of Commerce, Thai Chinese Chamber of Commerce) will unveil the permanent World Chinese Entrepreneurs Convention logo.

He said that in the past 20 years, the SCCCI as the highest representative body of Singapore's Chinese entrepreneurs, has made contribution to WCEC and cooperation of Chinese businesspeople around the world. Twenty years later, we have to reinvent the brand and create a new and bright future. "With new developments in the world economy, how to maintain sustainable development and stable development is that we want to emphasize at the convention.

It is estimated that around 5,000 people will participate in the convention this year and they will come from around the world including Northeast Asia, Southeast Asia, Europe, America, Africa and Latin America. "We have sent invitations to Chinese business organizations of more than 80 countries, so far Chinese business groups from more than 30 countries and regions have already registered." Teo said.

Editor:Wang Xiaomei |Source: Xinhua

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