Dubai Dialogue: Gateway to Growth in China and Beyond
HONG KONG, Oct. 24, 2012 /PRNewswire/ -- The renowned Atlantis Hotel in Dubai, United Arab Emirates received 130 guests in the evening on October 23. Fosun Group, Forbes Group and Kerzner Group jointly organised a cocktail party and a reception dinner there and invited guests of the Forbes Global CEO Summit and their partners from the Middle East and Europe, who gathered together as to explore into topics relating to investment opportunities in China against a backdrop of the global economic landscape through guest speeches and dialogue sessions.
Mr. Guo Guangchang, Fosun's Chairman; Mr. Liang Xinjun, Vice Chairman and CEO of Fosun; Mr. Steve Forbes, Founder of the Forbes family; as well as Mr. Sol and Mr. Alan Leibman, Chairman and CEO of Kerzner Group, respectively; jointly invited 130 guests, including Sultan Qatar Abu Wali and Mr. John Snow, the former U.S. Treasury Secretary.
On behalf of Fosun Group, Mr. Guo Guangchang expressed his gratitude to the partners and guests during the reception dinner. He illustrated the significance of opening doors of the U.S., Europe and the Middle East markets with support from the partners. Mr. Guo also stated that Fosun is also pleased to have been chosen by its partners to help lead their way to contribute and share collaboratively China's future growth. Addressing to concerns about the slowdown of China's economy, Mr. Guo said he believed that although China's economy is currently facing the most profound adjustment in 30 years, it is also embracing emergence of a new phase of growth opportunities from domestic consumption and consumption upgrades, as well as urbanisation; primarily in areas of education, entertainment, tourism, medical services, etc.
Mr. Liang Xinjun shared in the subsequent dialogue session that the moment belongs to an age of vulnerability, when entrepreneurs and investors embrace the worst and the best of the times in their careers, as opportunities always come after crises. Under the current circumstance where both crises and opportunities coexist, entrepreneurs and investors need partners more than ever, as partners offer a good buffer during difficult times and share resources that help facilitate development during good times.
Mr. John Snow reiterated his concerns over the commercial hostility bought by the slowdown in the global economy. He called on Government to relaxing their regulatory grips and expressed his positive view on the prospects of growth in the future growth for Fosun and other Chinese private enterprises. Mr. Steve Forbes, Mr. Sol, Mr. Alan Leibman, and Mr. Antinori, the representative from the Emirate Airline spoke at the scene and expressed their appreciation to Fosun's high-quality branding activities.
The cocktail party and dinner were hosted in Atlantis Hotel, the Palm Island, Dubai. The host selected unique venues such as the Atlantis aquarium and other exotic locations for the summit with an aim to bring innovation and surprises to participants. The Atlantis is part of the legendary Kerzner Group. Upon completion, the 1500-room Atlantis Hotel in Palm Island has become Dubai's iconic landmark accommodation and architecture. With over 65,000 marine pisces species, its aquarium is one of the most important tourist destinations in Dubai.
This is the twelfth year the annual Forbes Global CEO Summit is held. The summit is held in Dubai this year and sees attendance of over 400 entrepreneurs, business leaders and academics from around the world. The theme of this year's Forbes Global Summit is "The Race Ahead" which invited global business leaders of the world to discuss issues relating to post-crisis recovery and sustaining prosperity. Mr. Liang Xinjun, Vice Chairman & CEO of Fosun Group, has been invited to attend and deliver a speech in the summit.
In recent years, Fosun Group has invested in the Club Med and Folli Follie; established strategic partnerships with the Carlyle Group and Prudential Financial, Inc.; as well as creating its first private-sector sino-foreign life insurance joint venture company in China with Prudential Financial, Inc. During this period, Fosun Group has hosted an array of branding and media publicity events in New York, Athens, London and Dubai that attracted interests from the business community and the media. They have helped boost Fosun's brand equity that grooms the Group into a pioneer of overseas development powered by private enterprises founded in China.
