July 29, 2011, the annual EB-5 Regional Center Summit was held in Boston, Massachusetts, USA. More than 120 attendees were present, including chairpersons of various U.S. regional centers, presidents of EB-5 immigration associations, senior economists, EB-5 financiers, regional center founders, and prominent immigration attorneys. Worldway Group, as the only invited keynote institution from China, participated in the conference. During the event, Dr. Winner Xing, President of Worldway Group, delivered a keynote speech on the development and promotion of the EB-5 program in China, which received unanimous recognition from the participants.
At the conference, H. Ronald Klasko, Chairman of the EB-5 Committee of the American Immigration Lawyers Association, spoke first, followed by a brilliant presentation on EB-5 by senior U.S. economist Mr. Jeff Carr. Dr. Winner Xing, President of Worldway Group, focused his speech on the development of the U.S. EB-5 program in the Chinese market and shared his insights.
Dr. Winner Xing provided a profound analysis of the history of EB-5 development in China and proposed the slogan: "The era of blind following in EB-5 has passed; the era of carefully selected projects has arrived." Addressing the vast number of regional center project financiers and chairpersons, Dr. Winner Xing, adhering to the principle of prioritizing client interests and ensuring safety and rationality, detailed that for U.S. EB-5 projects to enter the Chinese market today, they must start from the fundamental interests of the clients. They must satisfy clients' immigration needs through reasonable investment structures, safe and reliable employment creation methods, and streamlined exit mechanisms, while maximizing the protection of investment immigration clients' interests and the security of their green cards.
Dr. Winner Xing's speech sparked a strong reaction among the attendees, who actively expressed their opinions and engaged in intense discussions regarding the future development of EB-5 in China. Everyone agreed that Worldway Group's success today is inseparable from its consistent adherence to high-standard project selection and strict supervision systems.
H. Ronald Klasko, Chairman of the EB-5 Committee of the American Immigration Lawyers Association, exchanged views with Dr. Winner Xing after the meeting and explicitly stated that he would refer to Worldway Group's successful experience and Dr. Xing's viewpoints when proposing suggestions to the U.S. Citizenship and Immigration Services and the legislative committee for the improvement of existing immigration laws.
Through this summit, Worldway Group presented the concerns and demands of Chinese clients to U.S. EB-5 regional centers, immigration lawyers, and other industry practitioners. It voiced the aspirations of Chinese clients, summarized the development and current status of EB-5 in China, and offered many realistic and reasonable suggestions for its future development in China. For many years, Worldway Group has been at the forefront of the EB-5 industry. Worldway Group will continue to leverage its influence in the immigration industries of both China and the United States to constantly present the reasonable demands of Chinese clients to relevant parties, promote the improvement of EB-5 investment immigration, and bring more high-quality and safe EB-5 projects to Chinese clients through rigorous screening.
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