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ITOR'S NOTE

Dr. Harley Seyedin Dear Members, Department of Commerce of Guangdong
Province to create an enabling and business-
Winner of the 2017 Oslo Greetings, friendly environment.
Business for Peace Award
(together with Elon Musk, April is always a very busy month for We certainly would be in remorse if we did
Durren Shahnaz and Murad AmCham South China. The blooming of not send out our sincere congratulations on
AI-Katib) Spring is a warm reminder that it was time the successful convening of the Boao Forum.
Awarded by an Award for the enormous size and scope of the The Boao Forum for Asia, initiated by 25
Committee of Nobel Laureates Canton Fair, a biannual event for almost Asian countries and Australia, is a non-profit
in Peace and Economics everything import and export with China. organization that hosts high-level forums
Among few individuals on 232 Once again, our delegation joined more than for leaders from government, business and
years to be awarded the Thomas 25000 exhibitors from all over the world academia in Asia and other continents to
Jefferson initiated Peace that attended this now twice-yearly online share their vision on the most pressing issues
through Commerce Medal by and offline market in Guangzhou. We were in this region and the world at large. The
the US Government proud to host the Canton Fair Briefing Zoom theme for this year’s Forum, “The World in
Meeting of the 131st Canton Fair on April 11, COVID-19 and Beyond: Working Together for
which was attended by representatives of Global Development and A Shared Future,”
the AmCham member companies, industrial could not be timelier. Today, the global
and commercial organizations in China, economic community—and policymakers
and multinational purchasers. You can read everywhere—face immense challenges. While
more on page 17 in this month’s South China prospects vary across countries, we can see
Business Journal. the impact in all regions. Higher energy and
food prices add to inflationary pressures,
We were pleased to have received rave squeezing the real incomes of households
reviews of our coverage of the first American almost everywhere. Organizations such as the
to be invited to the Canton Fair. He is a US Boao Forum are seeking out real solutions to
lawyer who arrived in China 50 years ago these real problems.
to attend the Spring Canton Fair, after the
President Nixon earthshaking visit to China A primary message of the Boao Forum was
in February and March 1972. He then stayed that as the world’s second largest economy,
for the past 50 years. China Daily, with 45 actions to counter the growth slowdown
million print and web readers worldwide here in China and achieve the authorities’
and a circulation of 900,000 copies (600,000 ambitious growth target are also vital for the
distributed overseas) followed our coverage global recovery. Fortunately, China has policy
with their own interview of Dr. David space to provide macroeconomic policy
Buxbaum. David Buxbaum is a larger- support. This is exactly the message we sent
than-life philanthropist and humanitarian to China Daily in a recently published opinion
living legend who for the last fifty years article written by myself and my good friend
has contributed immensely to the legal Jay Black, Schumann Endowed Professor and
development of China. I am proud to call him Chair at Mercer University Department of
my friend. Journalism and Media Studies. The opinion
article is reprinted on page 21. Economists
The Resumption of Work and Production of widely expect Beijing to roll out more easing
Foreign-funded Enterprises and Policies to measures as leaders have vowed to give a
Benefit Enterprises Meeting offered AmCham priority to stability. Stability in the market
South China an exclusive opportunity to will require China to have sufficient power
meet with government leaders from the generation to propel its economic machine.
Department of Commerce of Guangdong, China will achieve its economic goal by
Foreign Affairs Office of Guangdong Province, taking proper steps to allow further opening
Department of Industry and Information up to foreign investment and ease rules
Technology of Guangdong, and Department for the Foreign Talent (R) visa for high-level
of Transport of Guangdong on April 20. We foreign professionals in science, international
are happy to report that despite the negative enterprises and other high-demand fields
impacts brought by the ongoing pandemic, to develop the economy, making it easier
our companies are doing well. The business for small businesses and young minds to
environment in Guangdong shows an upward innovate China into the next phase and a
spiral of improvement in recent years, with host of other reforms.
over 80% of companies rating it as “excellent”
or “good”. One can say without hesitation
that this all depends on the supportive
policies and tremendous efforts of the

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