World Youth Economic Forum (WYEF)
July 25th-30th,2024 Suzhou,China
Competition
Gold/Silver/Bronze Team from Regional Round is qualified for Global National Final Round
Finals
Open for Semi league`s awarded team
6 Days in Winter | All Star| Guangdong
6 Days in Summer | WYEF | Suzhou
Gold/Silver/Bronze Team from Regional Round is qualified for Finals
Academic Theme
The WYEF Forum, also known as the "Davos World Economic Forum for Middle School Students", invites outstanding middle school students, international academic institutions, school representatives, and business elites from around the world to discuss and debate on cutting-edge economic issues. The Business Simulation is one of the main committees of the WYEF forum.
As we can see for this year, even economy for developed countries has recovered from the pandemic of COVID-19, some developing countries are still facing serious debt issues. Although the supply chain issue has been almost fixed, the global economy is still unstable. Credit construction and continuous cooperation are needed to build up the global economy. In this hyperconnected century, trust needs to be restored via frank communication and policy making.
Hence the theme of the 13th ASDAN Global Youth Economic Forum is:
Global Cooperation:
Restoring Trust in a Hyperconnected Economy
Your Entrepreneurial Journey
Which Industries Will You Start?
In line with the latest global hot topics and internationally emerging industries, students form companies and learn and explore the latest business trends to manage the the growth and operations of their companies
Automotive Industry
Entertainment Industry
Wellness Industry
Education Industry
AI & Disruptive Technology
Academics Sessions
The battle arena where first, second, and third place winning teams from regional rounds and winning teams from All Star Semi League meet to compete
Business Operations
8 business operation rounds,companies face fiercer competition in a global marketplace 8Roadshow Presentations
Companies will have to prepare roadshow presentations according to the given tasks and to communicate their ideas articulately to win over their investors and to secure more capital for their business. 3Auction Challenge
Auction Challenge:Buying and selling, negotiating and trading 1Participating Details
Language:English
Categories:Primary School (Grades 4-6),Junior School (Grades 7-9),Senior School (Grades 10-12)
Primary school, middle school, and high school groups will compete separately and be ranked separately.
Prerequest:
‒ Teams who have received awards in the All Star Business Simulation Challenge
‒ Gold, Silver, and Bronze teams from regional or online regional business simulation competitions
Social Night
Networking is an important part of the business world. The WYEF Organizing Committee has always placed important emphasis on creating interaction opportunities among delegates through multicultural themes, workshops, talent shows, waltz dances and other activities. Students can develop their business etiquette, interact with business professionals from all over the world, break out of their comfort zones, and enjoy a night of high energy and fun social interaction.
Sample Agenda
Suzhou
2024.7.25-2024.7.30
English
Day 1 | Day 2 | Day 3 | Day 4 | Day 5 | Day 6 | |
Morning | Opening Ceremony Rules introduction Operation Test Round |
• Roadshow 1 • Trading Game |
• Roadshow 2 • Roadshow 3 Task Announcement and Preparation |
• Roadshow 3 • Operation Round 5 |
Departure | |
Afternoon | Registration | • Roadshow 1 Task Announcement and Preparation |
• Operation Round 1 • Roadshow 2 Task Announcement and Preparation |
• Operation Round 2 • Operation Round 3 • Operation Round 4 |
• Operation Round 6 • Operation Round 7 |
|
Evening | Rest | Talent show | Social Night | Closing Ceremony |
Awards
ASIA Business Simulation Global Finals
- Gold Award: 1 team
- Silver Award: Top 5% Teams
- Bronze Award: Top 10% Teams
Outstanding Team Awards
- Top Trading Team
- Best Project Award
- Best Entrepreneur Award
- Prototype Award
Each student participating in the ASIA Business Simulation will receive Seed Points based on the programs they participated. Seed credits are awarded based on comprehensive quality evaluation methods and principles from the UK, the United States, and the Chinese Ministry of Education. A higher credit score reflects a stronger holistic performance and learning ability of the student.
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ASEEDER Scholarship
5200rmb/pax
First Place
3700rmb/pax
Second Place
2200rmb/pax
Third Place
1700rmb/pax
Single Award
The ASEEDER Scholarship cannot be reimbursed in cash and can only be used to offset participation fees for ASEEDER programs.
AWARD