(From left) KSI deputy chairman Tan Sri Majid Khan, KSI president and GCET organising chairman Tan Sri Michael Yeoh, Penang Yang di-Pertua Negeri Tun Ahmad Fuzi Abdul Razak, Country Heights Holdings Berhad and GCET founder Tan Sri Lee Kim Yew and Penang State Social Development and Non-Islamic Religious Affairs Committee chairman Chong Eng.

TO strengthen relations and exchange of knowledge between the East and the West, the World Chinese Economic Summit is returning to Malaysia, with a new name.

Now called the Global Chinese Economic and Technology (GCET) summit, the event is set to be held this Dec 7 at the Shangri-La Kuala Lumpur.

Established in 2009 by Country Heights Holdings Berhad founder Tan Sri Lee Kim Yew and KSI Strategic Institute for Asia Pacific president Tan Sri Michael Yeoh, this year’s summit is set to be held both online and physically in Kuala Lumpur, Malaysia.

“Over the past two years, having hybrid events has become quite normal,” says Yeoh.

“Having this high level forum will enable speakers from Malaysia and other Asean countries to meet for the full-day forum and also enable more participants to join the forum either physically or virtually.”

Yeoh shares that this year’s GCET summit, themed Towards Sustainable Recovery and Shared Prosperity in the New Post-Pandemic Global Era, is aimed at promoting closer economic, technological and business linkages between China and Asean.

“Emerging from the global pandemic and focusing on global recovery, we need to address geopolitical, geostrategic and geoeconomic challenges that all nations and regions face.

“With rising interest rates, increasing inflation and global uncertainties, there is a need for greater global partnerships, leadership and cooperation.

“I welcome business, community, academic and think tank leaders to join the GCET 2022 and benefit from networking and sharing.”

He hopes the summit acts as a channel to promote learning between communities in the East and the West.

Lee adds that GCET was also established to connect Chinese diasporas around the world, through Malaysia. The summit is aimed at promoting closer economic, technological and business linkages between China and Asean.

“The purpose is to encourage them to view Malaysia as a gathering and exchange centre between the East and the West,” he says.

“We intend to encourage Chinese diasporas and Commonwealth countries to invest and establish businesses in Malaysia and make Malaysia their second home.”

As industries and economies rebound from the global pandemic, the GCET 2022 will provide opportunities for businesses to learn new insights and knowledge to become more aware of the new global environment.

Apart from promoting high-level exchange between governments, businesses and think tank leaders, the summit is also aimed at developing more business interaction and networking among entrepreneurs and the global Chinese diaspora.

With newfound connections and relations, it is also hoped that this can advance business, economic and trade opportunities among Regional Comprehensive Economic Partnership member countries of the Asia-Pacific region.

With technology also becoming a game changer and key driver of the global economy, the summit could also play a role in enhancing cooperation in the digital economy and green economy – to build a sustainable and shared future.

Lee hopes that global cooperation and technological partnerships can be achieved by focusing on the four P: peace, partnership, people and planet.

“It is the goal of the summit and my personal mission as well to promote the new philosophy of ‘Tiong Hua prosperity’ to the world, in order to achieve shared prosperity.”

Back when it was known as the World Chinese Economic Forum, the summit was first held at the Palace of the Golden Horses in Malaysia in 2009.

It has since been held locally in states such as Melaka and Penang, and internationally in Melbourne, London, Beijing, Bonn and Macau.

The summit has also been attended by notable figures such as Tan Sri Muhyiddin Yassin, Datuk Seri Ismail Sabri Yaakob, former Hong Kong chief executive Leung Chun-ying and former Indonesian president Susilo Bambang Yudhoyono.

Registration is set to be priced at RM1,800 for the physical event at the Shangri-La Kuala Lumpur and RM600 for the virtual conference. If you register in a group of three or more, the registration price will be RM1,200 per person.For more information on how to register for the GCET 2022 summit, visit https://gcetsummit.org.

Alternatively, you can email mradhi@kasi.asia or wani@kasi.asia

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