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CMG President Shi Dai Attends Annual Meeting of the New Champions 2025 in Tianjin

2025-06-28

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On June 25, the opening ceremony of the World Economic Forum Annual Meeting of the New Champions 2025 (commonly known as "Summer Davos") was held at the National Convention and Exhibition Center (Tianjin). The event brought together more than 1,700 participants from over 90 countries and regions to discuss innovative business solutions for global challenges under the theme "Entrepreneurship for a New Era".

Shi Dai, representing China Merchants Group (CMG), attended both the opening ceremony and the Business Leaders' Symposium. She also attended the meeting chaired by Li Zhen, Vice Chairman of the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council, with Børge Brende, President and CEO of the World Economic Forum (WEF), for potential collaborations.


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China Merchants Group (CMG), a key state-owned enterprise directly administered by the central government, is headquartered in Hong Kong and stands as one of the earliest Chinese-funded enterprises established and operating in the region. As a century-old, comprehensive, and Hong Kong-based central enterprise, CMG has been upholding its corporate mission of “To Lead the Times with Business Success” and core values of "With a Shared Destiny with Our Country, to Grow in Tandem with the Era."

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