OREANDA-NEWS. September 22, 2011. At the 41st World Congress of International Association of Financial Executives Institutes ("IAFEI"), Captain Wei Jiafu, Chairman of COSCO Group, delivered a speech titled "Improving Corporate Competitiveness in a Scientific Way and Achieving Sustainable Developments". In his speech, Captain Wei described the corporate core competitiveness of COSCO Group, and he also shared with the audience COSCO's inspirations and search of corporate competitiveness, reported the press-centre of COSCO.

Founded in 1969, IAFEI, headquartered in Geneva, is the world's largest organization for unifying financial officers and CFOs on a global basis. With 19 member institutes, IAFEI has a total membership of 16,000 financial executives from all over the world.

The annual congress of IAFEI, held by its member institutes in rotating basis, is the most important event of the organization. Themed with "Financial Leadership and Business Developments in a New Reality", the 41st World Congress of IAFEI was convened in Beijing.

The main topics of the conference have been centered upon the current world economic status as well as its impact on corporate developments.