World Chinese Business and Economic Summit: Chen Quanzhou Receives Outstanding Leadership Award and Lifetime Achievement Award

On October 17, 2019, the World Chinese Business and Economic Summit was held in Macau. Mr. Chen Quanzhou, Chairman of China's Cihang Group, was invited to attend and received the "Outstanding Leadership Award and Lifetime Achievement Award" to recognize his contributions in innovation, entrepreneurship, charity, and public welfare.

The World Chinese Business and Economic Summit was originally initiated in 2009 by Mr. Lim Kok Yu, Chairman of Malaysia's Green Oasis Group, and Dr. Yeoh Eng Kiong, Director of Malaysia's MyR.I.C.E. Institute. Its primary purpose was to bring together Chinese people from around the world, facilitating mutual learning between the East and West, and fostering new economic meanings. The forum has been successfully held in Chongqing and Hong Kong, as well as in London, Melbourne, Malacca, Kuala Lumpur, and other locations. It has become an important platform for global Chinese people to enhance mutual understanding, exchange ideas, and promote cooperation. This year, the forum was renamed "World Chinese Business and Economic Summit" with the aim of building bridges for cross-national and cross-cultural communication. This is particularly significant given the context of the Belt and Road Initiative and the deepening of regional cooperation. The forum aims to strengthen partnerships among Chinese businesses and promote shared prosperity.

The event was organized by a coalition of institutions, including the World Chinese Entrepreneur Association, the China-Sanya Public Diplomacy Institute, the China-Pacific Economic Cooperation Council, the International Zheng He Association, the Silk Road International Foundation, the China Globalization Think Tank, the MyR.I.C.E. Institute, and the Malaysia-China Chamber of Commerce. It featured nine parallel forums on various topics, including the Belt and Road Initiative, the Greater Bay Area, Asia's future, digital Silk Road, entrepreneurship, enterprise, and social enterprises, the establishment of the Beidou Navigation System, the role of global Chinese people in investment and innovation, and more. The event also included an award ceremony recognizing "Special Outstanding Leadership and Lifetime Achievement."

During the summit, speeches and presentations were delivered by prominent figures, including Dr. Yeoh Eng Kiong, Co-Chairman of the World Chinese Business and Economic Summit; Mr. Lim Kok Yu, the initiator of the summit; Dr. Wang Huiyao, a Member of the Chinese State Council and Chairman of the China Globalization Think Tank; Mr. Arin Jira, Chairman of the ASEAN Business Advisory Council; Mr. Liu Changle, Chairman and CEO of Phoenix Satellite Television; and Mr. Naoyuki Takashima, Chairman of the Japan Center for International Public Policy Studies. During the award ceremony, Dr. Mahathir Mohamad, the Prime Minister of Malaysia, delivered the opening remarks, and Mr. Yang Yuanqing, Co-Chairman of the World Chinese Business and Economic Summit, read the citations of the award recipients. Eleven Chinese individuals from China Mainland, China Taiwan , China Macau, and Malaysia, including Mr. Chen Quanzhou, Chairman of China's Cihang Group, received the "Outstanding Leadership Award and Lifetime Achievement Award" in recognition of their significant contributions to innovation, entrepreneurship, charity, and public affairs.