President of the Lebanese Chinese Business Association Ali Mahmoud El Abdallah after participating in the Chinese conference “Building a Trading System in Developing Countries "China is a historic and exceptional strategic choice”
President of the Lebanese Chinese Business Association
Ali Mahmoud El Abdallah after participating in the Chinese conference “Building a Trading System in Developing Countries "China is a historic and exceptional strategic choice”
Ali Mahmoud El Abdallah, President of the Lebanese Chinese Business Association, took part in the conference titled “Building a Trade Circulation System in Developing Countries,” held under the patronage of the Ministry of Commerce of China, organized by the Academy for International Business Officials affiliated with the Ministry, in cooperation with the Economic Committee of Chinese Equity Enterprises.
The conference sessions were held online between June 14 and 27, and hosted several distinguished figures, including Ms. Ti Bi Yu, Chairwoman of the Economic Committee of Chinese Equity Enterprises; Ms. Li Yang, Project Supervisor at the Coordination Office for Chinese Aid Training at the Academy for International Business Officials; and Mr. Li Xuisong, Vice President of the Economic Committee of Chinese Equity Enterprises.
From Lebanon, in addition to Mr. El Abdallah, participants included Mr. Wajih Al Bizri, President of the International Chamber of Commerce, Mr. Ali Atieh, Project Manager at the Chamber of Commerce, Industry and Agriculture in Saida and the South, along with other representatives from various countries around the world.
Following the conclusion of the conference sessions, Mr. El Abdallah commented:
“China is a great power with a unique model that is fundamentally based on cooperation, understanding, peace, and shared economic growth, which enables it to take the initiative in shaping global decisions. Without China’s role in our world today, it would be difficult to achieve a balanced international order. Understanding the Chinese model allows us to develop Lebanese Chinese and Arab Chinese relations faster and more effectively.
We therefore consider China a globally exceptional strategic choice, capable of leading developing nations, while also promoting stronger relations between countries and creating opportunities for growth and the strengthening of local economies. During the 14th BRICS Summit hosted by China recently, the remarkable global role that China plays was evident particularly in urging major powers to adopt responsible economic policies and reminding them of the importance of supporting the participation of developing countries and emerging markets in international economic decision-making.”
El Abdallah continued:
“China today represents the center of gravity of the global economy. It is undoubtedly a pioneering, innovative, and creative technological nation that has achieved enormous economic and social prosperity progress that continues to this day, contributing not only to the well-being of the Chinese people but also to improving lives everywhere.”
El Abdallah explained that during the conference, participants discussed a wide range of important issues, including value creation in the global digital economy, implementation opportunities within the Belt and Road Initiative, and the interconnection between e-commerce and low-carbon development along the Belt and Road. The conference also featured discussions on supply chain management and logistics operations in China, among other significant topics. “The organizers succeeded in addressing critical issues, presented by a number of senior officials and experts,” he added.
Over the course of nearly two weeks, the conference explored various themes such as learning the Chinese language and understanding China, presented by Chen Ming Ming, Senior Communication Advisor at the Ministry of Foreign Affairs of China and former Chinese Ambassador to New Zealand and Sweden.
Other topics included value creation in the digital economy, governance in China presented by Professor Wen Bing from the Institute of West Asian and African Studies at the Chinese Academy of Social Sciences, and international coordination and cooperation under the Belt and Road Initiative, presented by Dr. Zhu Weikang, Associate Dean at the School of Government Management at the University of International Business and Economics.
Dr. Chen Xinqin discussed trends and opportunities in connecting e-commerce with low-carbon development along the Belt and Road.
Dr. Zeng Kai from the School of Economics and Management at Beijing Jiaotong University** shared insights on supply chain and logistics management in China.
Dr. Yang Yifei from Beijing Jiaotong University** presented on quality and safety standards for fresh food in China, and Mr. Lai Yang, President of the Institute of Trade Circulation and Strategy in Beijing**, discussed changes in the trade circulation system in the era of cloud consumption.
The conference also included a session on commodity trading economics delivered by Professor Hong Tao from Beijing Technology and Business University, and a discussion on e-commerce in China between today’s and tomorrow’s trade circulation, presented by Junbo Zhang and Shenghai Yiren. Additionally, the sessions featured a dialogue on supply chain finance.
During the conference, Mr. Ali El Abdallah presented a documentary film showcasing Lebanon’s historical and natural heritage, beginning with Stone Age settlements and Phoenician cities, followed by Roman temples, rock-carved monasteries, Crusader castles, Mamluk mosques, and archaeological sites across the country culminating in Lebanon’s sandy and rocky shores and mountain ski resorts, as well as its world-renowned cuisine.
He also screened a short documentary about the activities of the Lebanese Chinese Business Association, which focuses on supporting economic and trade relations between Lebanon and China, leveraging the expertise and capacities of business leaders to serve and develop their communities.
The Association also provides consultancy and support to businesspeople and professionals across all sectors trade, industry, tourism, agriculture, and services and works to build bridges of communication between business communities while highlighting promising commercial opportunities between Lebanon and China.
