On June 13, 2019, the 3rd China-Southeast Asia Business Forum was held in Kunming city, Yunnan province, was organized by Yunnan Council for Promotion of International Trade and Yunnan International Chamber of Commerce. Yan Yu, the chairman of Shining Star Group was invited to attend and speech.
The theme of the forum is "Belt and Road, Innovative Cooperation and Common Development". About 300 guests from government officials, business leaders, well-known entrepreneurs and media representatives from China and southeast Asian countries attended. Cambodia holds the rotating chair of the forum this year.
During the forum, political leaders of various countries, leaders of Chambers of commerce and industry, and well-known entrepreneurs have overlapping views, wisdom collision, and consensus convergence. Yan Yu, chairman of Shing Star Group, shared with the guests the experience of the group's "going global" development in multiple fields and across industries in the past few years, and elaborated on the comparison of investment conditions between developed countries and less developed countries; Currently, Shining Star Group has invested 130,000 square meters of urban complex Yangon • Kantharyar Centre in Myanmar, which has entered a steady operation period and Myanmar Gold AYA Motors project is in the installation and commissioning stage, and the new car will be put into production;Located in the Dara Sakor of Cambodia, the Happy Home Master Resort has been opened and in operation; In Bolivia in South America and the democratic republic of Congo in Africa, our group’s professional teams have been sent to the mining area to carry out prospecting and plant construction at the beginning of this year; The mining project in Uganda has completed preliminary exploration and will be signed at the Sino-African economic and trade expo to be held in Changsha at the end of this month; Talks are also under way on a comprehensive pilot zone for urban operations planned for investment in Bangladesh; In addition, chairman Yan Yu also shared his experience of overseas investment, he said that mutual benefit is the basis of project investment; Standardized operation, in line with the laws and regulations of the investment country is the prerequisite for project investment; Respecting local customs and culture and paying attention to environmental protection are fundamental to long-term development. Finally, chairman Yan Yu encouraged everyone to seize the opportunity of national "One Belt and One Road" strategy and boldly "go global" investment.
Guests closely the forum theme and provided the opinion and suggestion, around the "Belt and Road", China south peninsula economic corridor, economic corridor between China and India and Myanmar, China and Laos economic corridor, China and Myanmar economic corridor, China and Vietnam economic corridor, Lancang and Mekong rivers cooperation, free trade area and the urgent problems need to be solved in the construction of cross-border economic cooperation zone. And for the China-Asean free trade area upgraded, China-Asean fate community, regional comprehensive economic partnership construction, optimization of two-way investment and promote common development and innovation in the service trade cooperation to discuss an urgent problem that need to be solved and nwork together to explore the capabilities and actions of actively integrating into and serving national strategies and deepen economic and trade cooperation between China and southeast Asia.
It is believed that the successful hosting of the the 3rd China-Southeast Asia Business Forum will play an important role in deepening cooperation and exchanges between China, Yunnan and southeast Asian countries as well as mutually beneficial development of enterprises.
