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At Home Abroad.doc

At Home Abroad   Decades of living abroad have not meant SeychelloisChinese entrepreneur James Quincy Liao has forgotten his motherland. The businessman recently returned to China to attend the First Overseas Chinese Industrial and Commercial Congress in Beijing from July 6-7.   Along with some 300 overseas Chinese from 79 countries, Liao was met by Premier Li Keqiang on the first day of the gathering. The term “overseas Chinese” refers to Chinese people who have lived abroad for a long period of time and may or may not have retained their original Chinese citizenship.   Premier Li raised high hopes for those attending the meeting.   He encouraged overseas Chinese entrepreneurs to help China upgrade its economy by making the most of their advantages in terms of capital, technologies and management expertise.   He also expressed hopes that they will use their connections and familiarity with local laws and culture to help Chinese enterprises explore overseas markets and hence make their contributions to the unfolding of the Belt and Road Initiative. The initiative was first put forward by President Xi Jinping in 2013 and aims to enhance connectivity and cooperation along the ancient Silk Road routes.   Moreover, the premier said he expects overseas Chinese entrepreneurs will be able to get along well with local people and contribute to economic and social progress in their adopted countries.   As executive president of the World Chinese Entrepreneurs General Association, Liao said he would respond to Li’s speech with concrete measures. His association will select a city in south China’s Guangdong Province and help it restructure its industries, transforming its manufacturing-dominated industrial structure into one based primarily on service industries. The association hopes to introduce Internet Plus, a new development strategy that calls for the integration of the Internet with traditional industries, to the chosen city. It will also take measures to help

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