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September 26, 2013

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Home » City specials » Chengdu

Helping China realize the Chinese Dream

Overseas Chinese can help China pursue a path of economic prosperity, national rejuvenation and public well-being, part of the Chinese dream raised by President Xi Jinping, senior officials said yesterday at the 12th World Chinese Entrepreneurs Convention.

“After years of practice, overseas Chinese entrepreneurs are well equipped with capital, technology, management skills and business network,” Xi said in a letter addressing participants attending the convention.

“Many overseas Chinese have built up their career on the mainland, and we warmly welcome more of them to participate in China’s process of reforming and opening-up, helping the country realize its Chinese dream.”

The biennial event, which is held in Chengdu, capital of Sichuan Province, has attracted more than 3,000 Chinese entrepreneurs from 104 countries and regions. It is regarded as a world event for Chinese entrepreneurs as it offers a global platform for them to strengthen economic cooperation and promote communication and understanding.

Chengdu is the second city on the mainland to host the event after Nanjing, capital of Jiangsu Province, in 2001.

Yu Zhengsheng, Chairman of the National Committee of the Chinese People’s Political Consultative Conference and honorary chairman of the preparatory committee of this convention, said the rapid changes on the Chinese mainland during the past three decades were the joint efforts of the domestic and overseas Chinese.

“China is able to manage a sustainable and healthy growth momentum, and its vast industrialization, urbanization and agricultural modernization will offer more opportunities for overseas Chinese in developing business,” Yu said at the convention’s opening ceremony. “We will continue to make overseas investment more convenient, better protect the rights of investors and safeguard intellectual property to become more attractive for investors.”

Yu said he expects overseas Chinese to strengthen and expand the capacity of their businesses amid a fast-changing global environment, contribute to the prosperity of the countries where they have established roots and play a role in helping China, their ancestral home, reform and restructure.

Yu also said he hoped overseas Chinese can contribute to the promotion of Chinese culture.

Thomas Chua, president of the Singapore Chinese Chamber of Commerce and Industry, said the convention has become an effective networking platform for Chinese entrepreneurs and businessmen from different countries and regions, and to share close ties of cooperation with Sichuan.

“We are sending a very large delegation to attend this convention,” Chua said. “While we make use of this opportunity to meet with old friends and make new acquaintances, we can also gain an in-depth understanding of Chengdu’s investment environment and business opportunities, and help Singapore enterprises expand into overseas markets.”

In the first half of this year, Chengdu’s gross domestic product expanded 10.3 percent from a year earlier to 440.8 billion yuan (US$71 billion), according to the city’s statistics bureau. That exceeded the 7.6 percent GDP growth nationwide and Sichuan’s 10.1 percent.

More than 60 percent of foreign companies in Sichuan are funded by overseas Chinese entrepreneurs, said Zhou Minqian, director of the provincial overseas Chinese affairs office.

The convention is expected to seal 54 projects worth 36 billion yuan, city officials said earlier.

 




 

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