From January 21 to 24, the 50th World Economic Forum Annual Meeting, themed by 
"Stakeholders for a Cohesive and Sustainable World", was held in Davos, 
Switzerland. As a representative of the global health food industry, Pan Gang, 
Chairman and President of Inner Mongolia Yili Industrial Group Co., Ltd., 
attended China Economic Outlook Session of this Annual World Economic Forum, in 
which he put forward that the "Ecosphere Economy" mode would become a new 
driving force for the development of globalization in the next decade.

In his speech at China Economic Outlook Session, Pan Gang expressed that "At 
present, the Ecosphere Economy, characterized by openness, inclusiveness, 
innovation driven and win-win cooperation, is becoming an important way for 
world economic development in the future. Yili will seize the opportunity to 
build a Global Health Ecosphere, promote the win-win cooperation in the global 
health industry, and work with all parties to discuss health issues while 
sharing the benefits and create a more sustainable future."

Pan was the first Chinese food industry entrepreneur debuting at the Davos 
Forum when he attended the Davos Forum in 2006, and was awarded Davos Young 
Global Leaders that year. Under his leadership, Yili achieved a historic 
breakthrough from No. 1 dairy company in China to be the No. 1 dairy company in 
Asia and it now ranks among the leading players globally.

Pan Gang's "Ecosphere Economy" originated from his deep insight into the world 
economic landscape. He believes that opportunities and competitions coexist in 
the development of the health food industry, which requires the cooperation of 
the whole industrial chain on a global scale to form a mutually beneficial and 
win-win "ecosphere" to realize the sustainable development of the whole 
industrial chain. 

"Ecosphere Economy" has achieved initial success in Yili's practice. From 
establishing European Innovation Center to leading the implementation of 
"SINO-U.S. Food Wisdom Valley", from building Oceania Dairy Production Base to 
acquiring New Zealand Westland Milk Products, from developing Southeast Asian 
market to acquiring Chomthana, Thailand's largest local ice cream company, to 
investing in the construction of "Yili Future Intelligence and Health Valley", 
Yili has been promoting more comprehensive and in-depth cooperation in the 
global health industry in the process of building "Global Health Ecosphere". 

Furthermore, Yili has established "Global Health Partner Development Alliance" 
with more than 20 enterprises worldwide and worked with 13 global strategic 
partners such as Tetra Pak and Firmenich to set up the first "sustainable 
international industrial supply chain" in the industry. 

In addition to the industrial chain, many cross-industrial partners in the 
"Global Health Ecosphere" work together with Yili to advocate healthy concepts 
and lifestyles. For example, Yili and World Wide Fund for Nature (WWF) have 
been working together to promote wetland conservation and have also cooperated 
in the construction of organic pastures.

The advantages of "Ecosphere Economy" will be increasingly prominent in the 
context of economic globalization. It can be predicted that the globalization 
in the future is no longer just about one person, one enterprise or one 
country, but requires the joint efforts of all parties to accomplish 
cooperation and mutual benefits. To this end, the dream of "World Integrally 
Sharing Health" will go further in the development of "Ecosphere Economy".

Source: Yili Group