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Charge d'Affaires a.i. Chen Wen Attends the Opening Ceremony of the 8th China Business Forum

On May 17, Charge d'Affaires a.i. Chen Wen attended and addressed the opening ceremony of the 8th China Business Forum held by London Business School. François Ortalo-Magné, Dean of London Business School, Stephen Perry, Chairman of 48 Group and nearly 300 people from Chinese and British business and academic circles, including Tencent and Alibaba, were at the event.

Chen said, "As the international environment becomes more complicated and volatile, it is important that European and Asian countries, especially China and the UK, seize the opportunities and work together to address challenges and tap the potential for growth, so as to achieve win-win results for all."

She stressed that China and the UK should focus their efforts on three "I"s, namely "inclusive", "interconnected", and "innovative". The two countries are both supporters of economic globalisation, practitioners of free trade, and defenders of the multilateral trade system. It is important that they stand firm against protectionism and unilateralism, join hands to build the world economy that is open, inclusive and universally-beneficial, and work to ensure a more open, inclusive, balanced and universally-beneficial global governance system. China and Britain could enhance cooperation on scientific and technological innovation, green finance, innovation-based regional development and third markets, so as to create new "growth points and drivers" in their partnership.

Ortalo-Magné hoped that the participants would have an in-depth discussion and thinking about China's relationship with the world and how to use the resources to jointly meet the challenges of the economic globalisation.

Perry talked about China's important role in the development of the world economy amid deepening globalisation. The Belt and Road Initiative is in line with the concept of "a community with a shared future for mankind" proposed by President Xi Jinping, which is of great significance to promoting world peace and development. People in the UK should think rationally and take part in BRI so as to promote greater development of UK-China cooperation, said Perry.

After the opening ceremony, Chen gave an interview to Phoenix TV Group and answered questions on how to strengthen China-UK cooperation.

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China Business Forum was launched in 2012 by Chinese students at London Business School and has since had eight successful sessions. The theme of this year's forum is Vitalise Business Landscape: Connecting the Eurasia Continent.

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