BRI NEWS China Green Companies Summit 2020 to be held in Hainan with star entrepreneurs

BRI NEWS

China Green Companies Summit 2020 to be held in Hainan with star entrepreneurs

People's Daily app

19:55, September 27, 2020

The China Green Companies Summit 2020 is set to open in Haikou, Hainan Province from Monday to Wednesday.

Supported by the People's Government of Hainan Province, hosted by the China Entrepreneur Club and co-hosted by the Haikou Municipal People's Government and the (Haikou) Green Enterprise Development Research Institute, the summit will focus on the theme “Business Growth in the Digital Age.”

Over 1,000 domestic and foreign business leaders including Jack Ma, Wang Yusuo, Frank Ning, Guo Guangchang, Ma Weihua and Lei Jun will attend the summit along with top government officials, academic experts, NGO representatives and key media outlets, to discuss the core topics of digital development and future business trends.

The summit will concentrate on issues such as the energy ecosystem, big-data-based healthcare ecosystem, real estate ecosystem, digital strategy, new infrastructure, venture investment, organizational innovation and research and development management. Epidemic-related topics will also be discussed, including global economic cooperation and supply chains, the impact of the epidemic on industrial patterns and technical trends, the efficiency of public welfare, and others.

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(Photo: VCG)

Meanwhile, 2020 marks the opening year for the Hainan Free Trade Port (Hainan FTP) which will create huge opportunities for business development. The summit will not only recommend opportunities for development in Hainan to entrepreneurs, but also focus on the advantages and benefits of Hainan's regional economy.

The CPC Central Committee and the State Council released the Master Plan for the Construction of the Hainan Free Trade Port on June 1. According to the plan, Hainan FTP will cover the whole of Hainan Island, with the aim to initially establish an FTP policy system focused on freedom and facilitation of trade and investment by 2025. The FTP will become a new focal point for the open economy of China by 2035, and then develop into a high-level FTP of global influence by the middle of this century.

In fact, Hainan has drawn worldwide attention since the State Council officially approved the establishment of the China (Hainan) Pilot Free Trade Zone in 2018. Hainan has attracted nearly 100,000 talented individuals for investment and development, doubled foreign direct investment (FDI) inflow in actual use for two consecutive years and brought in 30 of the Fortune Global 500 enterprises. Even amid the COVID-19 pandemic, 110 foreign-funded enterprises were established in Hainan in the first four months of 2020, and Hainan's actual foreign capital investment was up 252.33% year on year.

The plan also covers institutional plans focusing on 11 aspects, including freedom and facilitation of trade, investment, cross-border capital flows, and personnel entry and exit. It is the perfect timing for entrepreneurs to shift their focus to Hainan. As the opening year for the development of the Hainan FTP, 2020 is a window of opportunity for development in Hainan.

Hainan Province has also proposed to pool its resources in developing 12 key industries. Hainan is now stepping up infrastructure construction. The People's Government of Hainan Province has inked strategic agreements with enterprises including China Mobile, Huawei, Alibaba and Tencent to cooperate in fields such as the digital economy, smart services, information smart islands and e-commerce. Hainan is expected to be the first province in China to achieve full digitalization.

As an economic and social trend, digitalization will promote the comprehensive advancement of businesses. The digitalization of many enterprises has entered the stage of deep integration into virtually every business activity, which calls for even greater communication and coordination between companies. In this regard, this is the perfect timing for Hainan to host this summit under the theme of "Business Growth in the Digital Age".

The summit will include a focus forum—"Sharing New Opportunities of the Free Trade Port” —  and organize visits to industrial parks in Haikou, to provide a comprehensive introduction about Hainan and recommend opportunities for development in Hainan to entrepreneurs.

This annual conference will be live-streamed and shared on more than ten mainstream media platforms.

The China Entrepreneur Club is the premier business leader platform in China. Established by 31 of China's most influential entrepreneurs, economists and diplomats in 2006, the CEC is a hub for Chinese entrepreneurial exchange, cooperation, and international collaboration. As a private non-profit organization, the CEC is committed to nurturing entrepreneurship and business integrity while paving the future of sustainable economic and social development.

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