SSP’s Tan Sri Michael Yeoh welcomes Malaysia's PM at 9th WCES in KL

From left: Tan Sri Dr Michael Yeoh, Vice Chairman of China’s National People’s Political Conference Leung Chun Ying, Prime Minister of Malaysia Tun Dr Mahathir Mohamad, and Tan Sri Lee Kim Yew.

A member of SSP's Global Advisory Board, Dr Michael Yeoh welcomed Malaysia's Prime Minister Tun Dr Mahathir Mohamad at the 9th World Chinese Economic Summit (WCES) held from Nov 9-10, 2018 in Kuala Lumpur.

Yeoh is chairman of the WCES and president of the International Strategy Institute Asia (ISI).

The World Chinese Economic Forum (WCEF) is a leading platform that connects global entrepreneurs from China, Europe and South East Asia.

It also brings together government, business and thought leaders to discuss the future of China and Asia, and assess the Belt and Road Initiative (BRI) as well as opportunities for business in the BRI.

More than 500 delegates from 27 countries participated in last year's forum.

Among the keynote speakers were Dr Mahathir, Vice Chairman of China’s National People’s Political Conference Leung Chun Ying and former Prime Minister of Pakistan Shaukat Aziz.

The 21st Century has been described as the Asian Century with global growth shifting towards the region. Three of the world’s 10 largest economies are in Asia namely China, India and Japan.

The Asean 10 collectively with a combined USD1.3 trillion economy is the seventh largest in the world and is projected to be the world’s fourth largest by 2030, a clear indicator that investments into Asia will continue to grow and thrive.

The new Asian Century will require connectivity as well as enhanced business, economic and investment relations with the West, in particular US and Europe.

Intra-Asia trade and investments will also drive growth and development. Increasingly, Asia will require the 4I’s – Investment, Innovation, Ideas and Interaction.