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‘Belt and Road Initiative’-Seminar on ‘Chinese Enterprises Going to Asia-Pacific’ concludes in Shanghai

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‘Belt and Road Initiative’-Seminar on ‘Chinese Enterprises Going to Asia-Pacific’ concludes in Shanghai

July 06
13:06 2019
By APD writer Gong Chen

Themed with A New Era of Future-Oriented Asia-Pacific Cooperation, the ‘Belt and Road Initiative’—Seminar on ‘Chinese Enterprises Going to Asia-Pacific’ concluded on Wednesday in Shanghai International Convention Center.

Officials from China Public Diplomacy Association, China Economic and Social Council, Chinese People’s Political Consultative Conference (CPPCC) Shanghai Committee and Consul Generals of Asia-Pacific countries in Shanghai as well as well-known scholars attended the seminar.

The one-day event discussed issues on how Chinese enterprises cope with the complex but dynamic local economic environment, adapt to development strategies of different countries, and seize cooperation opportunities to promote the prosperity of the region when going to Asia-Pacific region. 

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In his opening speech, Dong Yunhu, the chairman of the CPPCC Shanghai Committee said that China is an active advocator and practitioner in the regional cooperation and makes significant contributions to Asia-Pacific economic cooperation and development. Based on the principles of wide consultation, joint contribution and shared benefits, China will build broader consensus for enhancing cooperation with Asia-Pacific economies in a bid to create a stable regional economy in a complicated and ever-changing international environment.

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Zhang Yansheng, a member of China Economic and Social Council and the former secretary-general of academic committee of National Development and Reform Commission, stressed that developing the Belt and Road Initiative (BRI) in the Asia-Pacific region is the only path for China’s manufacturing sector from the perspiration-driven low global value chain (GVC) to the innovation-driven high-end GVC.

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When noting the BRI offering China a chance to integrate with the remaining world, Vice Chairman of the CPPCC Shanghai Committee Zhou Hanmin threw out three suggestions on the outlook of Asia-Pacific economic cooperation and the BRI. Firstly, the BRI should integrate with the UN 2030 sustainable development strategy in the hope of engaging with the world economy. Secondly, the BRI should integrate with plans and strategies of other countries and enterprises. Thirdly, the Chinese government should set up a national committee to better help the Chinese enterprises in their investment in foreign countries.

Scholars and Consul Generals also shared their insights on the relevant issues.

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Tharakorn Wusatirakul, the deputy director of the Thai-Chinese Strategic Research Center of the National Research Council of Thailand, stressed that the BRI will give Thailand a push, making it become the trade and transportation center of the ASEAN and interlink the Asia-Pacific. The development of Thai East Economic Corridor and Canal will become an essential part of the new Silk Road that will benefit all. 

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Consul Generals of Chile in Shanghai Ignacio Concha introduced China-Chile bilateral relations and the Chilean government’s efforts in promoting the Chinese business and investment in his country. He has expressed hope to cooperate with China in promoting the BRI and closely linking the bridge between China and Latin America. He also vowed to further deepen trade cooperation with China in this year of hosting APEC CEO Summit and in the next year of the 50th anniversary of establishing China-Chile diplomatic ties.

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Wilfredo R. Cuyugan, Consul General of the Philippines in Shanghai, said China-Philippines relation has entered a golden age, which lays the solid foundation for bilateral cooperation in trade and tourism. He introduced that the Philippines has implemented a series of measures to create a favorable business environment for enhancing the competitiveness of companies and industries and lowering the economic transaction cost between the two countries.

The seminar was sponsored by China Public Diplomacy Association and the CPPCC Shanghai Committee and undertook by Committee for Friendship with Foreign Countries of the CPPCC Shanghai Committee, Shanghai Public Diplomacy Association and Asia Pacific Daily.

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