Daughter of Former Chinese President Advises on Development of Guangxi

January 29, 2015
Editor: Yang Yang
Daughter of Former Chinese President Advises on Development of Guangxi
Liu Ting delivers a speeach at the conference. [Chinanews.com/Song Hantao]

"Guangxi needs to draw up a list of negative gaps in regard to opening to the outside world. Once that has been made, there will be a clear direction in which to guide Guangxi into an accelerated stage of development," said Liu Ting, businesswoman and daughter of former and late Chinese President, Liu Shaoqi (1898-1969).

Serving as a member of the Guangxi Committee of the Chinese People's Political Consultative Conference (CPPCC), Liu expressed in an interview conducted by journalists from Chinanews.com during an economic group panel discussion that Guangxi, holding a key position in the China and ASEAN Free Trade Area (CAFTA), has many advantages when it comes to opening up to the outside world, and that it may get ahead of other areas in cross-border trade cooperation.

Liu suggested that Guangxi should further broaden its development train of thought beyond ASEAN, stating, "Guangxi could look further and not only rely on the ASEAN platform, but also stand on a global stage like APEC to call for overseas Chinese to also contribute to the development of Guangxi.

Liu also said that financially opening up to the outside world is not enough for the development of Guangxi. However, the government has kicked off a financial reform pilot area in southwest China's Yunnan Province and south China's Guangxi Zhuang Autonomous Region. With these developments, she explained, Guangxi will reap financial benefits accordingly.

Liu, formerly named Liu Tingting, is the daughter of former Chinese leaders Liu Shaoqi and Wang Guangmei. She studied at Harvard Business School where she received a Master of Business Administration in 1986. Having once worked for Rockefeller & Co., she is now president of Asia Link Group and Sungari International Auction Ltd. Co. In addition, Liu has also been selected as a CPPCC member to attend the third meeting of the 11th Session of the Guangxi Committee of the Chinese People's Consultative Conference, which is being held from January 26 - 30 this year.

Liu Shaoqi was a Chinese revolutionary, statesman, and theorist. He was Chairman of the Standing Committee of the National People's Congress, China's top legislature, from 1954 to 1959 and served as China's head of state as President of the People's Republic of China from 1959 to 1968, during which time he implemented policies of economic reform in China.

(Source: Chinanews.com/Translated by Women of China)

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