Fostering Economic and Trade Development Between China and Portuguese-speaking Countries (PSCs)
HONG KONG SAR -
Media OutReach - 7 November 2022 - On 6 November, Fosun International Limited (HKEX stock code: 00656, "Fosun International") was invited to attend the forum themed "Promoting Macao as a Platform Connecting China and Portuguese-speaking Countries" at the 5th China International Import Expo (CIIE). Li Haifeng, Executive President of Fosun International and Chairman of Fosun Foundation, delivered a speech at the panel discussion themed "Supporting the Development of Small and Medium-sized Enterprises, Deepening the Economic and Trade Development Between China and PSCs". He also communicated with guests and shared Fosun's efforts and contributions to the economic and trade development between China and PSCs, the local economy of Macao, corporate social responsibility, and sustainable development, as a large-scale global enterprise rooted in China.

The 5th CIIE is being held in Shanghai from 5 November to 10 November. Fosun has been participating in the CIIE with its member companies and partners from the global pharmaceutical and healthcare industry for five consecutive years to showcase Fosun's latest achievements in technology and innovation and global industrial operations. The CIIE is the world's first import-themed national-level expo, showcasing the world's most cutting-edge and representative high-quality products and services. A total of 145 countries, regions and international organizations are participating in this year's CIIE, and 284 Fortune Global 500 companies and industry-leading companies are participating in the Enterprise & Business Exhibition, exceeding last year's. On 6 November, the Ministry of Commerce of the People's Republic of China and the Government of the Macao Special Administrative Region jointly held the forum themed on "Promoting Macao as a Platform Connecting China and Portuguese-speaking Countries" at the InterContinental
ShanghaiHongqiao NECC to explore the advantages of Macao as a platform connecting China and PSCs. A panel discussion was also held during which representatives of chambers of commerce and enterprises related to the economic and trade development between China and PSCs were invited to give presentations and seminars to introduce high-quality products and services of PSCs, further showcasing domestic and foreign enterprises the Chinese-Portuguese bilingual professional services and other preferential measures that Macao can provide as a platform between China and PSCs so as to attract domestic enterprises who are interested in developing business in PSCs to set up operations in Macao.
Globalization Strategy to Actively Promote the Development of China + the World In the 30 years of development, Fosun has entered Globalization 3.0 and formed the core competency of "global organization + local operations". Currently, Fosun has established profound industrial presence in over 30 countries and regions. Among them, Fosun has established businesses in Portugal, Brazil, Angola, Cape Verde, Mozambique and other PSCs and regions, which include Fidelidade, the largest property and life insurance company in Portugal, and BCP, the largest private bank in Portugal. Both Fidelidade and BCP have operations in the Macao SAR, namely Fidelidade Macao and Millennium BCP Macao. Other businesses in PSCs include Luz Saúde, a leading private healthcare provider in Portugal, Rio Bravo, a leading property fund management company in Brazil, and Guide, an institutional brokerage and wealth management company in Brazil. Li Haifeng, Executive President of Fosun International and Chairman of Fosun Foundation, said, "Thank you the Ministry of Commerce of the People's Republic of China and the China Council for the Promotion of International Trade (CCPIT) Representative Office in Macao for the invitation. Benefiting from Macao's role as the cooperation platform between China and PSCs, Fosun, as the Chinese Chair of the Business Federation of China and PSCs, has been actively participating in the economic and trade cooperation with PSCs and regions for many years. Fosun has been actively providing high-quality products and services to families worldwide through the model of 'Mutual Empowerment Between China and the World'. Over the years, we have been actively promoting the economic and trade development between Macao and PSCs and have been contributing our efforts to the local economy of Macao and corporate social responsibility."
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