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Remarks by Chinese Ambassador to Ghana H.E. Mdm. Sun Baohong at the China Europe International Business School (CEIBS) 7th Executive Masters in Business Administration (EMBA)/ Women Entrepreneurship and Leadership for Africa (WELA) Graduation Ceremony
2017/01/22
 (January 21, 2017)

Respected Prof. Yuan Ding, Vice President of CEIBS,

Respected Prof. Mathew Tsamenyi, Executive Director of CEIBS Africa,

Colleagues from the Diplomatic Corps,

Teachers and Students,

Ladies and Gentlemen,

Good morning and Happy New Year!

I am very delighted to attend the China Europe International Business School (CEIBS) Graduation Ceremony for the 7th Executive Masters in Business Administration and Women Entrepreneurship and Leadership for Africa. Since its founding more than 20 years ago, CEIBS has become the No. 1 business school in Asia and top 10 in the world with a world-wide reputation. Please allow me, on behalf of the Chinese Embassy in Ghana, to extend our warm congratulations to the graduates on your successful completion of studies. Through the study and practice in CEIBS, you have successfully enhanced leadership, broadened mind set and enlarged circle of friends. I am really happy for your new gains. I also want to share a little secret in my heart with you. That is I sincerely wish I were a member sitting among you, rather than standing and talking here.

The world today calls for strong leadership. Yesterday, the 47th World Economic Forum Annual Meeting (Davos Forum) was  successfully concluded in Davos. Known as "barometer of world economy", this Annual Meeting focuses on the theme of "Responsive and Responsible Leadership". Through setting this theme, the organizer called on world leaders to review the existing international system, improve and reconstruct it into a new one to be  better adapted to the more complicated and pluralistic situation of today.

It has been 8 years since the outburst of global financial crisis, and the recovery of the world economy is still sluggish, global trade and investment are lackluster, commodities and financial markets have experienced volatility from time to time. Growth prospects of developed and emerging economies are diverging, and geopolitical risks and destabilizing factors are both on the rise. Moreover, waves of reverse globalization, populism, and trade protectionism keep rising. In 2016, a series of "Black Swan" events overthrew the mindsets, ideas and concepts we were accustomed to.

So what kind of leadership is required by the world today? Professor Klaus Schwab gave his answer as this: leaders need sensitivity and empathy to serve as general public's radar system, and values and vision as their compass. Without a radar system, leaders cannot be responsive; and without a compass, they cannot exercise leadership responsibly.

Every one has his own version of leadership. In my opinion, leadership is first and foremost the ability to have vision and insight. A leader should be the far range radar, under the complicated circumstances neither dazzled by some symptoms nor blinded by some clouds, but to see further in a high position and act as the general trend demands. A leader should keep abreast with times, always coming up with new development ideas and new growth patterns, not having himself physically living in the 21st century, but with a mindset belonging to the past. He should play a leading role in the construction of new system. In addition, a leader should boast the ability to make other people successful. Helping others, helping oneself. The fundamental issue of the world economy is unbalanced development. If still every country only pursues its own national interest in disregard of other countries' interest, it will not only lose the moral ground, but also make the world economy even more unbalanced and the international society further torn apart.

China is taking up the leadership responsibility of global economic governance and making fresh contribution to the world economy. At the G20 Hangzhou Summit, China chose "Toward an Innovative, Invigorated, Interconnected and Inclusive World Economy" as the theme, committed to building a fair, just and open global economic system, and came up with an integrated prescription to addresses both the symptoms and root causes of the global economic problems. At the 24th APEC Economic Leader's Meeting, China committed itself to strongly supporting the building-up of Asia-Pacific Free Trade Area (AP