Entrepreneurs and businesses that have contributed to the success of the relations between China and Singapore will now be rightfully acknowledged, as the first Business China Awards will be held on November 23rd 2010.
Honoring two decades of diplomatic partnership between these Asian nations, the Business China Awards organizers said that the event aims to strengthen the bond as the Chinese market continues to be productive, with a record of 12% growth in the first quarter of 2010.
According to Business China’s chairman, Chua Thian Poh, one of their aims is to persuade more Singaporeans to take up the China challenge.
The award, after being launched last year, opened to businesses and entrepreneurs from Greater China (Macau, Mainland China, Hong Kong and Taiwan), as well as for those from Singapore.
The Business China Award is segregated into four categories, namely Business China Enterprise Award, Business China Young Achiever and Business China Excellence Award.
The judging criteria, according to the award organizers, will be inclusive and extensive.
Among the list of attributes that will be vital to communities in Singapore and China are effective administration and enterprise-corporate governance. This is according to Lim Chee Onn, Singapore’s Keppel Corporation senior adviser and a Business China director. In addition to this, he added that both countries were expecting to get better on the identified aspects.