“BVI companies have been the key to success and building wealth.” That was the message by the Premier and Minister of Finance, Dr. the Honourable D. Orlando Smith, OBE, in his speech today at the China Offshore Summit.

The summit, attended by almost 500 Chinese business people, was held in the Grand Kempinski Hotel Shanghai, located in the city’s Pudong district. The Premier’s speech was the last of nine speeches and remarks that he has given across five cities in China (Hong Kong, Beijing, Tianjin, Hangzhou and Shanghai) on the BVI Asia Trade Mission.

In his remarks to summit delegates, Premier said, “'I am pleased for the first time to be here in magnificent Shanghai, and to be joining the China Offshore Summit under the theme of Global Investment Strategies for a Going Global China. Of course, the BVI has been a partner with the China Offshore Summit for the last couple of years, and have found it to be a very important forum where we have been able to build important and lasting relationships with the business community here in Shanghai.”

Honourable Premier also said, “For many of you, the BVI is a household name and needs no introduction,” adding, “For close to 30 years you have used BVI companies and structures that have been the key tools to success in building wealth in the domestic market as well as for taking your business global.”

Premier Smith continued, “Over this time, the BVI has become the international partner of choice for China, rooted in over 30 years of partnership and an unwavering commitment on the part of all of us who represent BVI – our Government, our service providers. It is our expectation and intention to continue this collaboration into the future as we move forward together.”

Today’s summit was focused on Wealth Planning. Tomorrow’s summit will be focused on Corporate Structuring. Ms. Claire Abrehart of AMS Financial will also represent the BVI tomorrow on a panel titled: Keeping Pace with the New Global Reality.

As a gold sponsor of the China Offshore Summit, BVI Finance’s booth was located in a premium position at the conference entrance and received high traffic from attendees.