Sponsors: Organizing Committee of GBI 100 / CBT100 Forum
Xishan Economic and Technological Development Zone Management Committee
Wuxi Xidong New Town Business District Management Committee
Xinjiang Zhongtai Group Co., Ltd. / Warton Economic Institute
CBT100 companies are the driving forces of economic development, and CBT100 cities are the major bases for industrialization of innovation. Therefore, the CBT100 Forum, together with a CBT100 city (Wuxi (Xishan)) and a CBT100 company (Zhongtai Group), will jointly hold the 1st Global Best Innovation 100 Competition (GBI100), to promote better transformation of high-quality scientific and technological achievements on a global scale, with 100 awards and the top prize of USD$1 million. Reunify the great Chinese dream and build a global community of destiny together.
CBT100 companies are the most profitable 500 companies in China. The annual profits generated by the CBT100 companies have accounted for about 95% of the total profits of all listed companies in China, and their revenues have accounted for 35% of the total GDP of China. Therefore, CBT100 companies are the driving forces of economic development, and they are key to advancements of science and technology.
CBT100 cities are the 100 cities with the largest GDP, ranked by the Warton Economic Institute according to the CBT100 Index. The GDP of CBT100 cities has accounted for 75% of the national total, which makes them the major bases for economic development and industrialization of innovation.
The China Business Top 100 Forum（CBT100 Forum）, an annual financial conference first held by Warton Economic Institute in 2001, gathers senior executives of “China Business Top 100 List” companies, economists, and government officials to discuss the future of Chinese economic development. It is also a unique mechanism and platform for exchanges of experience and cooperation between top 100 enterprises and entrepreneurs. It has been successfully held for 18 consecutive years and enjoys high reputation both at home and abroad. It has made a unique contribution to enhancing the overall competitiveness of Chinese listed companies and promoting China's economic reform and development. Since 2015, the top 100 listed companies in China have been co-organized with the China Top 100 Cities Comprehensive Development Forum, and has achieved good results.
Investment practitioners of China Business Top 100 (CBT100) Companies and CBT100 Funds act as judges of the competition and will make direct investment decisions for outstanding projects.
Strategic investment in projects is driven by the industrial capital of CBT100 companies, while investment funds make financial following investment.
The competition features both domestic and international projects that are held by either individuals or teams. Stages of projects cover the start-up stage, Round-A, Round-B, as well as later rounds.
The competition arranges a total of 100 awards, including the GBI100 Diamond Award, Gold Awards, Silver Awards, Bronze Awards, Excellence Awards, and Finalist Awards. In particular, the GBI100 Diamond Award is worth of USD1mn.
The 2019 Global Best Innovation 100 (GBI100) Competition is an international competition that features R&D and innovation. The Competition is organised by the Organising Committee of the GBI100 Competition, and co-organised by the CBT100 Forum, Xishan District of Wuxi, Xinjiang Zhongtai Group, Chinese Universities (East China / South China) Science and Technology Achievement Transformation Centres and the Association for Collaborative Leadership (ACL). Partners of the Competition also include but are not limited to China Technology Exchange and MetaLab. The Competition provides 100 award-winning opportunities, with the highest prize worthy of 1 million US dollars.
The competition consists of four fields: artificial intelligence and information; life sciences and health; new energy and new materials; as well as cultural creativity, film and electronic sports.
On the afternoon of the 19th July 2019, the press conference of the 1st Global Best Innovation 100 Competition (hereafter referred to as the GBI100 Competition) was held in Beijing Diaoyutai Hotel. The Competition is sponsored by the CBT100 Forum, Xishan District of Wuxi, and Xinjiang Zhongtai Group; and it is co-organised by Chinese Universities (East China / South China) Science and Technology Achievement Transformation Centres and the Association for Collaborative Leadership (ACL).
In order to better host the 2019 Global Best Innovation 100 (GBI100) Competition, the Organizing Committee of the GBI100 Competition has established strategic co-operation with Shanghai Maitan Information Technology Co., Ltd. (hereinafter referred to as “MetaLab”). The co-operation has enabled the two sides to complement each other and to achieve a win-win situation. It is also expected to further contribute to resource sharing, transfer and industrial upgrading, which, in turn, cast a solid foundation for the steady advancement of the competition.