This year’s agenda emphasizes strategies that deliberately support women in business by placing priority on purchasing goods from women-owned businesses (Buy Intentionally), coaching women on entrepreneurial prowess (Sponsor & Mentor Intentionally) and elevating the status of women in both business and society as a whole (Promote Intentionally). These strategies are designed for women to achieve their greatest entrepreneurial potential. Research from the Global Entrepreneurship and Development Institute reveals an encouraging 98% rate of profitability amongst women entrepreneurs in China, and that number is still on the rise. Furthermore, an average of 60% of employees within women-owned businesses are women. These figures characterize women entrepreneurs as wise investment opportunities that, consequently, create more jobs. Expanding supply chain options also benefits corporations. According to the Hackett Group, companies that devote acute attention to supplier diversity generate 133% greater ROI on procurement compared with the average business. Integrating more women-owned businesses in the supply chain is a smart investment in our communities that will significantly impact economic growth.
Join in the effort and help China’s leading women entrepreneurs succeed in shaping the future of global business. Through the testimonials of corporate leaders and women entrepreneurs and panel discussions challenging societal norms, 2016 Marketplace participants will gain new strategies for integrating women-owned businesses into corporate supply chains. This event also features an opportunity for women-owned businesses to showcase their products and services to top multinational companies.
WEConnect International in China will honor top women entrepreneurs and multinational companies that excel in supplier diversity at an awards presentation during the luncheon. The day’s program will conclude with a networking reception where women leaders, innovators and entrepreneurs can strengthen their connections with the greater business community.