Eighteenth CBT100 Company Forum takes place in Beijing

The year’s forum emphasised pragmatic co-operation and vigorously promoted the relationship and connection between CBT 100 companies, CBT 100 cities and international strategic resources.

Shen Hanyao, executive chairman of the CBT 100 Forum and president of the Warton Economic Institute (WEI), said that in recent years, the annual profits generated by CBT 100 companies have accounted for approximately 95 percent of the total profits of all Chinese listed companies, which makes the CBT 100 companies the driving force of the Chinese economy. Meanwhile, the aggregate GDP of CBT 100 cities has recently accounted for approximately 75 percent of China’s GDP, indicating that CBT 100 cities are the major base for the economic development in China.

The CBT 100 Forum has been committed to promoting the joint development of CBT 100 cities and companies. This can be achieved by pooling resources of the companies to help the economic development of the cities, revitalizing the Chinese economy through the process.

Furthermore, the forum also accommodated several project roadshows, exhibitions, and communication fairs, at which CBT 100 cities such as Suzhou and Wuxi in Jiangsu province signed strategic cooperation agreements with CBT 100 companies, including POWERCHINA, Xinjiang Zhongtai Group, and the Association for Collaborative Leadership (ACL).

In order to further enhance exchanges and cooperation between CBT 100 companies and cities, the CBT 100 Activity Centre was unveiled at the forum.

The CBT 100 Activity Centre opens at the 18th CBT 100 Company Forum and the fourth CBT 100 City Forum held on Nov 23 to 24, 2018 in Beijing. [Photo provided to chinadaily.com.cn]