The Asian Chinese entrepreneurs summit was held in Singapore Sunday with 1,200 Chinese businessmen from Asia and beyond gathering to discuss how to contend with globalization.

The summit, themed "Towards Global Connectivity", was organized by the Singapore Chinese Chamber of Commerce and Industry (SCCCI), which also celebrated its 100th anniversary.

Statistics showed that the value of the top 500 Chinese enterprises in 2006 is worth nearly 900 billion U.S. dollars, with the majority of the companies originating from Asia. "We welcome businessmen from every part of the world to invest in Singapore, set up companies here and even get a listing on the Singapore Exchange," Wong Kan Seng, deputy prime minister and minister for Home Affairs, said at the summit.

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