--- SEARCH ---
WEATHER
CHINA
INTERNATIONAL
BUSINESS
CULTURE
GOVERNMENT
SCI-TECH
ENVIRONMENT
LIFE
PEOPLE
TRAVEL
WEEKLY REVIEW
Learning Chinese
Learn to Cook Chinese Dishes
Exchange Rates
Hotel Service


Hot Links
China Development Gateway
Chinese Embassies

Forbes Participants Optimistic about Asia-Pacific Region
World top CEOs continued to pool their opinion at the ongoing Forbes Global CEO Conference here Wednesday, expressing optimism about the economic development of the Asia-Pacific region.

At the session entitled "Thought for the day: Conflicting currents and Asia's new paradigm," Yuwa Hedrick-Wong, Economic Advisor of the MasterCard International noted that technology development, consumption revolution as well as the rise of China and the change of Japan are the elements shaping the Asia-Pacific region.

He said while Southeast Asia's exports to the United States shrink, its exports to China grow, which serves as proof that China "create benefit for all of us."

Thomas Weidemeyer, Chief Operating Officer and President UPS Airlines, United Parcel Service, briefed the participants of his company's latest development in the Asia-Pacific region, which demonstrates that they are "big believers" in the economic future of the region.

Weidemeyer explained that his optimism was the results of the greater regional economic integration, the rising of the middle-class, urbanization, developing consumer power, and the fact that China is emerging as a world manufacturing center.

Chairman of the Swire Pacific James Hughes-Hallett echoed Weidemeyer's optimism, adding that China would continue its GDP growth rate.

He also expressed belief that the process of WTO in China would go smoothly, which is generally recognized as facilitating business opportunities for the economic development of the Asia-Pacific region.

(Xinhua News Agency September 26, 2002)

Forbes Optimistic About Hong Kong’s Future
2002 Forbes Global CEO Conference to Open in Hong Kong
Print This Page
|
Email This Page
About Us SiteMap Feedback
Copyright © China Internet Information Center. All Rights Reserved
E-mail: webmaster@china.org.cn Tel: 86-10-68326688