Huabao Flavours & Fragrances again Won the “China Business Top 100 Award”

On November 28, 2020, “the 20^th China Business Top 100 Forum & the 6^th China City Top 100 Comprehensive Development Forum”, hosted by the organizing committee of China Business Top 100 Summit Forum and Warton Economic Institute and co-organized by the People’s Government of Quzhou City, was held in Beijing. More than 400 people attended this Forum to discuss the communication and cooperation and seek coordinated development, including GAO Shangquan (former deputy director of the State Commission for Restructuring the Economic System), ZHENG Xinli (former deputy director of the Policy Research Office of CPC Central Committee), JI Xiaonan (former chairman of the Board of Supervisors of Key State-owned Enterprises of the State Council), SHEN Hanyao (president of Warton Economic Institute), FAN Hengshan ( former deputy secretary general of the National Development and Reform Commission), CHEN Jinbiao (member of the Standing Committee of Quzhou Municipal CPC Committee and executive vice mayor), and leaders of the top 100 enterprises and cities, as well as famous experts and scholars.

SHEN Hanyao, chairman of the Forum and president of Warton Economic Institute, is delivering an opening speech

At this Forum, Mr. SHEN Hanyao, chairman of the Forum and president of Warton Economic Institute, mentioned that today’s world is undergoing great changes unseen in a century, among which the Fourth Industrial Revolution is the most noticeable. The top 100 enterprises and top 100 cities must embrace the Fourth Industrial Revolution. Only by seizing the opportunity of the Fourth Industrial Revolution, can they grab the favorable business opportunities, lead the trend, and go towards the forefront of the world.

This year marks the 20^th anniversary of the establishment of China Business Top 100 Forum. And the grand “20^th AnniversaryAward Ceremony: 2020 China Business Top 100 Forum” was held to commend enterprises and entrepreneurs who have made outstanding contributions to China’s economic development. Huabao Flavours & Fragrances Co., Ltd. again won the “China Business Top 100 Award” this year. There were also many outstanding enterprises honored with this award, such as Industrial and Commercial Bank of China, China Life Insurance, China State Construction, China Merchants Port, Hengshui Laobaigan Liquor, JUEWEI Food and the like.

It is reported that since 2001, Warton Economic Institute (formerly Shanghai Economic Development Institute) has published “China Business Top 100 List” for 20 consecutive years.The ranking on the list is based mainly on total profits, which not only reflects the size of the listed companies, but also shows the profitability of the enterprises, thus encouraging enterprises to become stronger, bigger and better.This year, China Business Top 100 Forum further relied on the strong strength of the top 100 enterprises and top 100 cities to have built a global sci-tech innovation achievements transformation and growth platform for high-quality projects - the Global Best Innovation 100.The Second Global Best Innovation 100 was also officially launched at the opening ceremony of this Forum.