Chinese entrepreneur eyes inclusive growth in Latin America

Chinese businesses are exploring new opportunities for inclusive growth in emerging markets like Latin America, as global business leaders gathered in Peru for the Asia-Pacific Economic Cooperation (APEC) CEO Summit this week.

This year's APEC CEO Summit took place in Lima from Wednesday to Friday, bringing together over 1,000 chief executives, thought leaders, and government representatives to share insights and exchange views on the region's economic development under the theme "People, Business, Prosperity."

Wang Yangbin, chairman of Vobile Group, a global leader in digital content protection, launched a startup in Silicon Valley and has since established a strong foothold in the U.S. market. Now, despite rising protectionism in the world, he is advocating for the expansion of Chinese media industry into new markets to achieve inclusive growth and unlock more potential.

"China is at the forefront of many technological fields globally. As for inclusive growth, in a global media landscape, I believe Chinese media deserves greater inclusiveness, broader market access, and more value in the world," said Wang, in an interview during the summit.

Wang also sees potential for intellectual property protection businesses in Latin America, as the Chinese media industry continues to expand and grow in the region.

"Intellectual property protection is a globally recognized principle, with the industry valued at nearly 3 trillion U.S. dollars worldwide, (partly driven) by the huge media industry. Chinese companies in this field are actually developing well in Latin America and countries along the Belt and Road Initiative," he said.

Ten years ago, Chinese Presdient Xi Jinping first proposed the vision of building a China-Latin America community with a shared future, charting the course for the development of China-Latin America relations in the new era.

The vision has pointed the way forward for deepening ties between China and the region. Reflecting on his business growth overseas, Wang shared his thoughts on the importance of openness, inclusiveness, and mutual interest in following such a vision.

"Sometimes, it's important for our company to align with the bigger picture. Every industry has its own path, but I believe the path we're on is mainly tied to the peaceful rise of the Chinese nation. As China rises, we have the opportunity to trade with many countries for mutual benefit. As a beneficiary of China's reform and opening-up, I’m confident in opening our business to the world. There are people who share our vision and are willing to grow with us, benefiting together," said Wang.

Chinese entrepreneur eyes inclusive growth in Latin America

China's 12th National Games for Persons with Disabilities and the 9th National Special Olympic Games officially concluded on Monday evening, capping an inspirational eight-day event that set new records for participation and athletic achievements.

Held for the first time jointly by Guangdong Province, Hong Kong, and Macao in the Greater Bay Area, the Games featured 46 competitive events and attracted more than 11,000 participants from 34 delegations, marking the largest turnout in the event's history.

Athletes shattered 15 world records and set 156 new national records in disciplines such as athletics, swimming, shooting, weightlifting, and track cycling.

The Games showcased not only extraordinary athleticism, but also the indomitable spirit of disabled competitors who transcended physical limitations through sport.

The 21-year-old Hong Kong para table tennis player Wong Yue-ching, a student at the University of Hong Kong, competed with only one-third the grip strength of an able-bodied person in her right hand. Wong used a wrist strap to secure her racket. She finished sixth in the women's singles class 7 event and credited the sport for transforming her life.

"[Playing table tennis] has completely rewritten my life. I want to become a teacher. Perhaps one day, I can teach children at a special school and share my story with them, to show that as long as you keep searching, you will surely find your path in life," said Wong.

This edition of the Games significantly increased the numbers of both Special Olympic and mass participation events, allowing more people to enjoy the fun of sports.

From seamless event organization to the creation of a comprehensive, region-wide barrier-free environment, the Games has set a benchmark and delivered a replicable model for future para-sporting events in China and beyond.

"Drawing on their complementary strengths and working in close coordination, with synchronized planning and implementation, Guangdong, Hong Kong, and Macao have extended the concept of disability inclusion far beyond the competition venues into all aspects of daily life. This not only showcases the remarkable achievements and vibrant momentum of Chinese modernization, but also highlights a new chapter in the integrated development of the Guangdong-Hong Kong-Macao Greater Bay Area and the advancement of the cause of the disabled," said Chang Zheng, deputy director of the Games' organizing committee.

China's 12th National Para Games conclude with record attendance, athletic achievements