300-strong Chinese trade delegation visits SL
Chinese telecom and IT company – ZTE Internet Culture Media (Beijing) Co Ltd (ZTE) last week hosted a 300-strong Chinese trade delegation at Shangri-La Hotel, Colombo with a resounding Chinese cultural show.
According to ZTE, this Chinese Business and Investment Conference aims to strengthen economic and cultural ties between Sri Lanka and China and it is the first leg of the global conferences ZTE organises in the South Asian region. They are expected to promote cultural, exchange mutual understanding that were coming down since ancient times.
ZTE indicated that they have received good response from the delegates which would lead to significant business opportunities.
The event was organized by the Overseas Chinese Association, in collaboration with the Chinese Tourist Board and Chinese Cultural Centre together with the Sri Lanka Tourist Board and the Export Development Board of Sri Lanka.
ZTE founded in 1985 is listed in Hong Kong and Shenzhen Stock Exchanges providing end-to-end innovations with value to consumers, carriers, businesses and the public sector customers in 160 countries to enable connectivity and productivity. ZTE invests more than 10 per cent of its annual revenue for research and development centres in USA, Sweden, China and several other countries.
It employs over 30,000 research professionals to develop next-generation technologies, Internet, NFV, SDN, Cloud Computing and Big Data and according to ZTE it has filed more than 72,000 applications for patents and was granted with 33,000 patents since 2010.
It is a member of the UN Global Compact with a vision of balanced, sustainable development in the social, environmental and economic arenas.