MEDIA RELEASE: Business China Youth Chapter celebrates 10 years of nurturing Singapore-China Savvy youths with launch of Summer Scholarship Programme
SINGAPORE, 11 October 2019 | The Business China Youth Chapter (BCYC) celebrates their 10th Anniversary, marking a decade of inspiring youths to be bilingual and bicultural, with a good understanding of China and build key connections with China to explore opportunities in the region. Minister Josephine Teo, Minister for Manpower and Second Minister for Home Affairs, is the Guest-of-Honour.
To mark the celebration, Business China launches the Summer Scholarship Programme – an initiative by the BCYC to offer more opportunities for Singaporean youths to enrich their academic experience beyond Singapore and learn more about China.
Business China CEO Ms Tin Pei Ling said, “We are pleased to launch the Summer Scholarship Programme and are thankful for the generous support from our stakeholders who share our aspiration in cultivating “Singapore-China savvy” youths. Business China constantly seeks opportunities for Singaporean youths to immerse in and learn more about China’s social and business culture. The Summer Scholarship Programme enhances our current programme offering, helping to develop Singaporean youths to become “Singapore-China savvy” and strengthening people-to-people ties between the two countries. We hope that more like-minded individuals and corporations will join us in our meaningful mission to nurture such talents.”
To kickstart the programme, a total of S$200,000 has been raised to date, including contributions from Business China Board Directors - Mr Foo Jixun, Managing Partner, GGV Capital and his spouse, Mdm Serene Siar; as well as Mr David Su, Founding Managing Partner, Matrix Partners China and his spouse, Mdm Marina Wu. The amount will see at least 10 eligible students yearly to attend the summer programmes at reputable Chinese universities such as Tsinghua University and Peking University. Fundraising efforts are ongoing to ensure sustainability of the programme.
Dialogue Session with Minister Josephine Teo
The celebration includes a dialogue session conducted by Minister Josephine Teo. Titled “Singapore – China Relations: What Role can Youths Play in the Next Decade and Beyond?”; the dialogue focuses on key skills that youths should acquire in order to stay relevant in the region and in the world, and the roles that youths, including BCYC members could play.
Minister Teo shared, “When we first set up the BCYC, our aims were modest. It was to give younger Singaporeans a dedicated platform to learn and share about developments in China. 10 years on, I am happy to see that their interest and understanding have deepened, and they continue to broaden their outreach. The role of youths is increasingly important as we strengthen ties with China. The BCYC can help to grow the relationship at a personal level between youths in both countries. These relationships can hopefully extend beyond their educational into their career journeys.”
BCYC is a self-governing group of youths that envisions itself to be the leading Singapore-based community that inspires more youths to gain an in-depth understanding of China.
Go East Chairman, Mr Chee Hong Tat said, “It is important for young Singaporeans to understand the opportunities and challenges in China. Being fluent in Chinese language and understanding Chinese culture are useful, but these are not sufficient. We have to know how our strengths can complement what China needs, and how Singapore can play a constructive role in the next phase of China’s development.”
With a variety of activities such as the BCYC Learning Journey and various dialogues, the BCYC seeks to continue engaging and re-connecting members of all cohorts, fulfilling one of Business China’s objectives of expanding the group of young ‘Singapore-China savvy” talents.
BCYC President, Ms Gan Yong Ting shared, “The support that we have garnered over the years has allowed us to establish ourselves as a platform to collaborate closer with China through various activities organised. Members have gained holistic and in-depth understanding of contemporary China, as well as built friendships and network with members and professionals. As the Business China Youth Chapter continues to reach out to more youths to instill the importance of being China-ready and China-savvy, we must constantly attract the younger generation through engaging and relevant activities.”
MOU signing between Business China and Singapore Chinese Chamber of Commerce & Industry (SCCCI)
An MOU will be signed between Business China CEO, Ms Tin Pei Ling and SCCCI Chairman of Culture, Education and Community Affairs Committee, Mr Adrian Peh Nam Chuan; witnessed by Minister Teo, Business China Board Director, Mr Zhong Sheng Jian and SCCCI Vice-President, Mr Charles Ho Nai Chuen.
The MOU signing symbolises a strategic partnership to:
- Strengthen and deepen the collaboration between BC and SCCCI, especially in the area of nurturing young Singapore talents, including Singapore-China savvy talents.
- Promote deep appreciation of Singaporean Chinese business culture and entrepreneurial spirit, and enhance Singaporean youths’ understanding of China’s economy and culture through BC and SCCCIs’ programmes and mutual exchange.
- Render mutual support in flagship programmes/events organised by BC and/or SCCCI.
The event saw about 260 attendees including youths from local Institutes of Higher Learning (IHLs) and other youth communities in Singapore, as well as business leaders, entrepreneurs and academics from both Singapore and China; connecting both past and present BCYC members.
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 The summer programmes are existing programmes of the universities and are conducted over a span of two to four weeks. All students regardless of their financial status are eligible for this programme.
For more information, please contact:
Senior Manager (Strategic Communications)
Tel: (65) 6213 0412
Mobile: (65) 9817 3561
Tel: (65) 6213 0413
Mobile: (65) 9082 4172
About Business China Youth Chapter
Launched in 2010, the Business China Youth Chapter (BCYC) is a self-governing group of youths which envisions itself to be the leading Singapore-based community that inspires more youths to gain an in-depth understanding of China. Supported by Business China, BCYC has a vibrant calendar of activities which serve the needs of the BCYC community. The aim of BCYC is to motivate and facilitate mass understanding of China among Singaporean youths, nurture China-conversant young Singaporeans through competency-building platforms and cultivate a China-ready Singaporean workforce through in-market immersion opportunities.
About Business China
Launched in November 2007 by Founding Patron and Singapore’s Founding Prime Minister Mr Lee Kuan Yew, Business China’s mission is to nurture an inclusive bilingual and bicultural group of Singaporeans through extensive use of the Chinese language as the medium of communication, so as to sustain our multi-cultural heritage, and to develop a cultural and economic bridge linking the world and China.