WAKI International Group Chairman Mr. Teo Choo Guan Invited To The 2020 Reform And Innovative Business Economic Summit

“Innovation is the primary driving force for the development of human society. The spirit of reform and innovation is the precious spiritual wealth we have formed in the great practice of developing socialism with Chinese characteristics, and it is the concentrated expression of the spirit of the times.”

Photo 1: Scene of the Reform and Innovative Business Economic Summit

In the afternoon of 2020 January 14, the “3rd Reform and Innovative Business Economic Summit” was grandly held in the Great Hall of the People of Beijing, organized and guided by China Business Federation. The 11th CPPCC Deputy Chairman Mr. Bai Lichen, 12th CPPCC Deputy Chairman Mr. Liu Xiaofeng, Ministry of Commerce former Vice Minister Mr. Zhang Zhigang, International Liaison Department of the CPC Central Committee former Vice Minister Mr. Zhou Li, China Chamber of Commerce President Mr. Jiang Ming and Vice President Mr. Fu Longcheng, Deputy Secretary Ms. Zhou Jingying, Business Innovation Branch President Mr. Han Ying, Vice President Mr. Shen Yang and Mr. Ren Peng, and more than 10 Oversea Ambassadors and Counselors of Economic, Business Entrepreneur Representatives, with a total of more than 300 people attended the summit.

Photo 2: Entrepreneur Representatives at the Reform and Innovative Business Economic Summit

In the keynote speech of the Guests of Honor, Vice Minister Zhang Zhigang analyzed the economic situation in China and abroad with a lot of informative data. With reference to the current international business environment, he suggested that domestic entrepreneurs should establish “internal and external integration of long-term relations” with oversea diplomatic missions. Vice Minister Mr. Zhou Li focused on in-depth analysis of the strategic significance and far-reaching impact of the “Belt and Road Initiative”. Former Chinese Ambassador to Saudi Arabia Mr. Li Huaxin, former Ambassador to Slovakia Mr. Chen Jianfu, former Ambassador to the Republic of South Sudan Mr. Ma Qiang, former Economics Counselor to Mexico, Argentina and Brazil Mr.  Wang Qingyuan, former Economic Counselor to Moldova Mr. Xu Tongkai, former Economic Counselor to Benin Mr. Li Chaosheng, respectively introduced the international business environment in China with counterparts from Asia, Europe, Africa, and Americas.

Photo 3: Chinese Ambassadors and Counselors

In order to implement the “Belt and Road Initiative” and the “innovation-driven development” strategy, as well as to help the local entrepreneurs to have better review of the new domestic and international economic situation, the Business Innovation Branch of the China Business Association started with a series of activities, included “Ambassador Talk On International Business Environment”. This will help the local commerce and trade economy for innovation and development, and to achieve the transformation of the local economy from high-speed growth to high-quality development.

Photo 4: WAKi International Group Executive Chairman Mr. Teo Choo Guan

WAKi International Group Executive Chairman Mr. Teo Choo Guan was invited to participate in the “2020 Reform and Innovative Business Economic Summit”. Chairman Teo expressed his gratitude to the organizer, and he told Ministry of Commerce former Vice Minister Mr. Zhang Zhigang that, “It is my honor to gather in the majestic Great Hall of the People with many entrepreneurs and their representatives from all over the world. We the oversea Chinese are in the same vein as China families, I hereby congratulate the success of 2020 Reform and Innovative Business Economic Summit.”

Photo 5: WAKi International Group Executive Chairman Mr. Teo Choo Guan and Ministry of Commerce former Vice Minister Mr. Zhang Zhigang


In 1995, Mr. Teo Choo Guan founded Metrowealth International Group, and later changed to WAKi International Group, since then he is the group’s Executive Chairman. After years ofefforts, the company rapidly established the international business networking, and now distributed in the Asia-Pacific region and European countries. Today, “WAKi” is a well-known health brand in the Asia-Pacific region. In order to expand the business territory, WAKi has branches and joint venture companies in Malaysia, Indonesia, Philippines, Thailand, Singapore, Brunei, Vietnam, Cambodia, Myanmar, Hong Kong, Japan, South Korea and China. The WAKi International Headquarter is located in the WAKi Building at Kuala Lumpur Malaysia. WAKi International Group always adhere the belief of innovation is made, it will definitely bring endless business opportunities.

WAKi International Group starting from Malaysia, is pursuing its development opportunities along the “Belt and Road Initiative” countries in the Asia-Pacific region, especially in South East Asian countries to cooperate with the local diverse environment. At the time of exploring business opportunities for innovation opportunities, we adhere the tolerant attitude of “respecting differences and integrating with each other”, thus successfully survive through many difficulties and storms. For example during the Asian financial turmoil in 1998, there was serious unrest in Indonesia, many foreign companies fled and evacuated; fortunately Chairman Teo Choo Guan always maintained the attitude of integration and tolerance, he was protected and sheltered by local employees during turmoil, hence he could take measures without fear and hesitation, and that strategy made him survive after the crisis, and managed to turn the crisis into opportunity and allow the company to develop faster and more macroscopically.

Photo 6: WAKi International Group Executive Chairman Mr. Teo Choo Guan standing in-front of the Great Hall of the People

For WAKi International Chairman Mr. Teo Choo Guan to be invited to the Great Hall of the People to participate the Economic Summit, it has to do with more than 20 years of his experience. He is adopting a “sacrifice-conquer” communication method which make use of the crisis into a turning point for more opportunities, break through the status quo and change the future. This so-called “sacrifice-conquer” requires our own paying efforts as to touching ourselves and others. Consequently, we would “sacrifice together, experience it together, create the value together  and enjoy the future together” and this is also the value for WAKi International Group to get rid of the traditional business model successfully, and now in the era of rapid high-tech, we could continue to maintain stable development. Besides that, Chairman Teo has won numerous awards in the past few years, including 2019 June 30 becoming the first Malaysian to win the World Peace Award in Sweden.

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