According to the company’s website news release on January 11, 2023, at a press conference held by the Boao Forum for Asia (BFA) for its 2023 Annual Conference, SABIC, a global leading diversified chemical company, announced that the company will serve as the honorary strategic partner of the 2023 BFA Annual Conference for the fourth consecutive year. With 2023 marking the 15th year of SABIC’s sponsorship and attendance at the BFA Annual Conference, the long-term and deepening cooperation between SABIC and BFA further demonstrates SABIC’s commitment to advancing cross-regional and cross-sector collaboration and its endeavours in China.
Susan Jiang, Director of Regional Communications, Greater China, SABIC, said, “It is a great privilege to start a new chapter with the BFA as the honorary strategic partner of the BFA Annual Conference for the fourth consecutive year. Over the past 14 years, we have had the honour of strengthening our partnership with the BFA, seeing first-hand how the Forum has evolved to reach new levels of success. With the support of the excellent communication platform and collaborative bridge offered by the BFA, SABIC will continue to strive towards our vision of collaboration as we work with the Forum to drive sustainable development in Asia and the rest of the world.”
As the global political, economic, and security landscape undergoes major changes, it has never been more paramount for all parties to work together to strengthen exchanges and establish common ground. For more than 20 years, the BFA, with its focus on Asia and a global perspective, has offered new opportunities for high-level cross-regional and cross-sector dialogue to promote global and regional economic integration. The Annual Conference and other events held by the BFA provide valuable insights that drive development in both Asia and further afield, establishing blueprints for the joint creation of a green, inclusive, innovation-driven, and sustainable future.
SABIC has been a committed supporter and partner of the BFA. In addition to its support for the annual conferences, SABIC has also participated in several themed conferences, including the BFA International Science, Technology and Innovation Forum and the BFA Global Economic Development and Security Forum, where it has contributed industry insights on topics such as innovation and sustainability.
Through the Forum’s leading role in promoting regional cooperation and sustainable and inclusive growth, SABIC has deepened its commitment to the Chinese market in recent years. In collaboration with local partners, SABIC has been actively expanding its footprint in the market. By bringing to market more innovative solutions that span the entire value chain, SABIC is dedicated to supporting China’s high-quality economic development. As China further advances the high-level opening up and the comprehensive strategic partnership between China and Saudi Arabia continues to strengthen, SABIC will continue to leverage the BFA as an important platform to deepen its participation in various industries and contribute to the strategic complementation of China’s Belt and Road Initiative and Saudi’s Vision 2030.