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International Relation

World Chinese Entrepreneurs Convention to plan business expansion in Myanmar

September 07, 2017


Abstract : The 14th World Chinese Entrepreneurs Convention (WCEC) will take place in Yangon starting Sept. 15, gathering more than 2,000 overseas Chinese business leaders to discuss plan of business expansion.

世界华商大会

 

YANGON, Sept. 6 (Xinhua) -- The 14th World Chinese Entrepreneurs Convention (WCEC) will take place in Yangon starting Sept. 15, gathering more than 2,000 overseas Chinese business leaders to discuss plan of business expansion, according to a press release of the convention organizer on Wednesday.

The four-day convention, which will last until Sept. 18, is hosted by Myanmar Chinese Chamber of Commerce with Wu Jiyuan (U Myint Swe) as Chairman with the strong support of the Myanmar government.

Wu told the press that under the motto of "An opening Economy in Myanmar, A New Epoch in History", the convention will be held with the aim of pushing the regional economic development in line with the world's changing economy and bridging world's Chinese entrepreneurs for cooperation.

The enterpreneurs will also discuss making use of the new status of the Association of Southeast Asian Nations (ASEAN) and Belt and Road Initiative to jointly explore the future development trend and development space of Chinese businessmen, the world and Myanmar's economy.

Memorandums of understanding on economic and industrial cooperation, and contracts on implementation of projects will be signed during the event, he said, adding that donation for social assistance will also be made.

Yangon Mayor U Maung Maung Soe said Myanmar will benefit from the job opportunities created from the event, calling for helping the country to become more developed.

World-known leading Chinese entrepreneurs have been invited to make key speeches at the opening ceremony and Myanmar's Investment Commission will also be present to introduce the country's investment environment and the latest investment rules and regulations.

The forum attached with the convention will involve internationally-known experts and scholars.

Besides the opening ceremony, such activities as business forum, business matching, relay of convention flag and grand artistic performances will be attached.

The biennial WCEC was first conceptualized and organized by the Singapore Chinese Chamber of Commerce and Industry in August 1991 to provide a forum for overseas Chinese entrepreneurs to enhance economic cooperation and promote better understanding among overseas Chinese entrepreneurs and business communities worldwide.

Two other founder members of the WCEC are Chinese General Chamber of Commerce of China's Hong Kong Special Administrative Region and Thai-Chinese Chamber of Commerce.

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Keyword: China-Myanmar foreign-investment Chinese-entrepreneurs

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