ZTE hosts 300-strong delegation in Chinese Business & Investment Conference

• Sri Lanka to be the first stop on a global tour that will move across South Asia
• Delegates will be seeking opportunities for trade in goods and services

Aiming to strengthen economic and cultural ties between the two nations, Chinese telecom and IT giant ZTE Internet Culture Media (Beijing) Co. Ltd. successfully concluded its first ever “Civilized China” Business & Investment Conference at the Shangri-La, Colombo last Saturday.

Over 300 Chinese business delegates were in Sri Lanka for the first leg of a global conference that will be the first of many conferences that ZTE will be hosting across the South Asian region in a concerted effort to strengthen opportunities for trade and economic cooperation with ZTE.

“Our goal with this business and investment conference is to strengthen opportunities for trade and economic cooperation while telling the incredible story of Chinese civilization to the world. We hope to promote cultural exchange and a deeper mutual understanding and respect for the shared connections between the Sri Lankan and China civilizations – from ancient times to present day.

“ZTE is very pleased with the outstanding success that we enjoyed in hosting the first stop of this global conference in Sri Lanka. We have already received a very strong response from delegates, and we anticipate significant mutually beneficial business opportunities moving forward,” ZTE spokesperson, Wu Gao Ning Shen said.

The conference was organized in partnership with the Overseas Chinese Association, Chinese Tourist Board and Chinese Cultural Centre together with local government agencies including Sri Lanka Tourism and the Export Development Board of Sri Lanka.

Notably, popular Sri Lankan Ayurveda luxury brand, Spa Ceylon also participated in the conference which received extensive foreign media coverage with several Chinese reporters broadcasting globally throughout the conference.

ZTE Corporation is a global leader in telecommunications and information technology. Founded in 1985 and listed on both the Hong Kong and Shenzhen Stock Exchanges, the company has been committed to providing integrated end-to-end innovations to deliver excellence and value to consumers, carriers, businesses and public sector customers from over 160 countries around the world to enable increased connectivity and productivity.

ZTE believes in technology innovation as a core value of the company, investing more than 10% of annual revenue in R&D. The company has established state-of-the-art R&D centres in USA, Sweden, China and so forth, and employs over 30,000 research professionals in the development of next-generation technologies including 5G, the Internet of Things, NFV, SDN, Cloud Computing and Big Data. ZTE has filed applications for more than 72,000 patents, with over 33,000 granted. Since 2010, ZTE has been ranked among the world’s Top-3 for patent applications under the Patent Cooperation Treaty (PCT) each year, according to the World Intellectual Property Organization.

As a member of the UN Global Compact, ZTE is committed to a vision of balanced, sustainable development in the social, environmental and economic arenas. Promoting freedom of communication around the world, the company has incorporated innovation, technological convergence and the concept of “going green” into the product life cycle. This includes R&D, production, logistics and customer service.