On the occasion of this moon-lit mid-autumn evening, we are very glad to get together in Shanghai on the coast of the East Sea. On behalf of the Chinese government and its people, I'd like to extend my warm welcome to our friends who are here to attend the 99 fortune global forum sponsored by Time Warner Group.
In the spirit of friendly cooperation, mutual promotion and common prosperity, I'd like to extend my warmest welcome to you and all members of your delegation. Meanwhile, I'd like to convey to you the most sincere greetings from the staff of our petro-chemical group. Interpreting Exercise
On this beautiful moonlit evening, we're very happy to have Mr. White and his party here with us. Confucius once said, “It is such a delight to have friends coming from afar.”
Mr. White is an old friend of ours, a pioneer in the US trade with China. He was among the first American businessmen who came to China right after the Pingpong Diplomacy in the 1970s .
Since then, we have signed 26 contracts with Wilson Fashion Company. Though there have been fluctuations in the trade volume, we have developed a very solid and mutually beneficial relationship.
As our present contract is expiring next month, we'll begin our negotiation for the new contract tomorrow. I'd like to take this opportunity to propose a toast to the success of the negotiation and to the prosperity of our two companies.