Business China Youth Chapter (BCYC) celebrates its 10th Anniversary with the launch of Business China Summer School Scholarship Programme on 11 Oct 2019. The celebration was graced by Minister Josephine Teo, Minister for Manpower and Second Minister for Home Affairs as the Guest-of-Honour.
Speaking at the dialogue session titled “Singapore – China Relations: What Role can Youths Play in the Next Decade and Beyond?” , Minister Teo said Singapore needs to adapt and learn quickly as “we have to keep reminding ourselves that every single day, there's a part of this experience, there is a part of this knowledge that is no longer relevant.”
"We have to have the sense of humility to be open to new knowledge and new experiences, and who better to give us these fresh perspectives than the youths?", she added.
Teo also encouraged Singapore’s youths and companies to understand not just China, but the South-east Asia region in order to achieve global success.
To mark the celebration, Business China launches the Business China Summer School Scholarship Programme – an initiative by the BCYC to offer more opportunities for Singaporean youths to enrich their academic experience beyond Singapore and learn more about China.
To kickstart the programme, a total of S$200,000 has been raised to date, including contributions from Business China Board Directors - Mr Foo Jixun, Managing Partner, GGV Capital and his spouse, Mdm Serene Siar; as well as Mr David Su, Founding Managing Partner, Matrix Partners China and his spouse, Mdm Marina Wu. The amount will see at least 10 eligible students yearly to attend the summer programmes at reputable Chinese universities such as Tsinghua University and Peking University. Fundraising efforts are ongoing to ensure sustainability of the programme.
Business China CEO Ms Tin Pei Ling said, “The Summer School Scholarship Programme enhances Business China’s current programme offering, helping to develop Singaporean youths to become “Singapore-China savvy” and strengthening people-to-people ties between the two countries.”
An MOU was also signed between Business China and Singapore Chinese Chamber of Commerce and Industry to promote deep appreciation of Singaporean Chinese business culture and entrepreneurial spirit, and enhance Singaporean youths’ understanding of China’s economy and culture.
The event saw about 260 attendees including youths from local Institutes of Higher Learning (IHLs) and other youth communities in Singapore, as well as business leaders, entrepreneurs and academics from both Singapore and China.
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