DR CHAU CHAK WING ADDRESSES TO THE 2019 BOAO FORUM OVERSEAS CHINESE CEO ROUNDTABLE

DR CHAU CHAK WING
FOUNDER AND CO-PATRON OF THE ACFEA
THE BOAO FORUM OVERSEAS CHINESE CEO ROUNDTABLE
29 MARCH 2019

**Check against delivery**

Ladies and gentlemen, Good morning.

It is an honor to be invited to participate in this overseas Chinese CEO Roundtable, and I am delighted to be here today.

The Boao Forum for Asia was initiated by the Honorable Bob Hawke, former Prime Minister of Australia, Fidel V. Ramos, former President of the Philippines, and Morihiro Hosokawa, former Prime Minister of Japan in September 1988.

Since its foundation, the forum has witnessed many valuable proposals that have helped to forge consensus and cooperation among the participating countries, as well as helping to push forward economic globalization.

Today, we as overseas Chinese CEOs, have a unique opportunity to come together to share ideas, perspectives and knowledge on this year’s theme of “Shared Future, Concerted Action, Common Development”, which carries a special historical significance.

I immigrated to Australia decades ago and later returned to China for business.

Through my experience, I have developed a good understanding of both Australia and China.

Australia is a multicultural, culturally diverse and inclusive country that believes in fairness for all and has a strong rule of law.

China has been dedicated to opening-up and reform and in the past 40 years, the world has witnessed its remarkable progress and its transformation into a vibrant society.

Meanwhile, as a witness, participant and facilitator to the development of Australia-China relations, I have seen how the positive growth of Australia-China relations has greatly benefited trade and economic development for both countries and its communities.

The world has faced changes that it has not seen in a century and is more volatile and unpredictable than it has been in the past.

Therefore, I want to talk about the role that Chinese Australians could play in facilitating economic globalization and world peace through cultural exchange, educational development, trade and economic cooperation between Australia and China.

Firstly, be a facilitator in education development.

Education is the foundation for personal development and social progress. To achieve a “Shared Future, Concerted Action, Common Development” and to build a better world for all, requires us to invest in education and to develop human capital.

Throughout all these years, I have been supportive of education exchange charity programs both in Australia and China.

In Australia, I sponsored Chinese language scholarships, I supported the University of Technology Sydney’s construction of a new building for its business school and established a scholarship program there, and I also donated to the University of Sydney to build a museum.

In China, I have given financial support to primary schools and middle schools as well as universities.

Therefore, we should encourage other overseas Chinese to promote exchange and cooperation between China and the world in the areas of culture, education, public health and sports.

Through this support, we can gain a better understanding of one another and thus eliminate the chances of misunderstandings.

Secondly, be an advocate for “cooperation and win-win”

As overseas Chinese CEOs have a better understanding of trade and the economy in both their adopted country and the country of their origin, they can play a bridging role in further promoting trade and economic cooperation to achieve a “win-win” situation.

I especially agree with what Ban Ki-Moon – former UN Secretary-General and now Chairman for Boao Forum said in last May, that under the current situation, the BFA should send out clear messages supporting globalization and free trade, and make full use of the “Belt and Road” initiative of China to promote Asia to maintain opening up and innovation and achieve better development in a bid to facilitate cooperation and win-win for the world.

Thirdly, be a role model for harmonious coexistence

Cultural exchange is an important means by which nations and communities foster mutual understanding and relationships.

Through a solid understanding of history and culture, we can have a deeper appreciation of each other’s cultures and thus learn how to better respect one another.

Overseas Chinese have the advantage of cross-cultural communication, thus making them the best candidates as “Citizen Ambassadors” to break down barriers between nations and enhance people to people connections.

With the rapid progress of science and technology, nothing can stop the momentum of economic globalization. Interdependence between countries has become even more entrenched than in any other time in history.

Humankind has only one Earth and as each country moves forward, it should contribute to the common development of other nations.

Last but not least, I invite you all to visit Australia, where you can enjoy the good air and the good environment.

Thank you.