Source: Sun Yat-sen Business School

On August 14, Nobel Laureate Muhammad Yunus Guangzhou Trip and International Forum of Microcredit and Social Business was held in The K.K. Leung Hall of Sun Yat-sen University. SYSU President Xu Ningsheng attended the forum and conferred the Certificate of Sun Yat-sen University Guest Professor on Professor Yunus.

At the forum, Mr. Muhammad Yunus, Chen Zhiwu, tenured professor of Yale University, Huang Yasheng, MIT Professor, Ding Xueliang, Professor of Hong Kong University of Science and Technology and Senior Research Fellow of Carnegie Endowment for International Peace, Chen Jianmin, Professor of Sociology, Chinese University of Hong Kong, Shao Zhibao, Head of Guangdong Branch, Postal Savings Bank of China, and Latifee, Managing Director of Grameen Trust, Bangladesh, delivered a speech respectively.

After the theme speeches, the distinguished guests held a round table dialogue on microcredit model and social business model and their practices and prospects in China, microcredit practice of Postal Savings Bank of China, financial center construction in Chinese cities, Guangdong financial reform, and the future of Chinese economy.

The forum was sponsored by Sun Yat-sen Business School, Time Weekly and Guangdong Southern Television, with the main purpose of sharing the Grameen Bank model created by Muhammad Yunus and the successful experience of social business, promoting the development of Chinese version of Grameen Bank microfinance projects, and helping China’s poor regions to get out of poverty. Celebrities from all walks of life, governmental organizations, entrepreneurs, members of chamber of commerce, media professionals, students of Sun Yat-sen Business School, a total of over 1,000 people listened to the excellent speeches given by Mr. Yunus and other guest speakers.

Mr. Muhammad Yunus is the 2006 Nobel Peace Prize Laureate and the founder of Grameen Bank. Grameen Bank and the Grameen model have helped over one hundred million people in Bangladesh to get out of poverty. This model has been practiced all over the world and achieved noticeable results. In the presentation speech, The Norwegian Nobel Committee spoke highly of Yunus’ Grameen model: “Lasting peace cannot be achieved unless large population groups find ways in which to break out of poverty. Microcredit is one such means.”