CEIBS President Professor Pedro Nueno makes his opening remarks at the CEIBS Alumni Association USA inauguration ceremony on July 28 in New York City (HUANG WEI)

China Europe International Business School (CEIBS) announced the inception of its U.S. alumni association on July 28 in New York City.

With more than 120 alumni registered, it is the youngest and largest overseas alumni association among CEIBS'13 global alumni chapters and 40 in China.

The association will bring together graduates and industry leaders in the Continental United States to organize seminars, workshops, clubs, and reunions. Hosted activities allow alumni to update their management knowledge, share experiences and insights, create business opportunities, maintain friendships and pursue career developments, said Solomon Cai, President of CEIBS Alumni Association USA (CAA-USA).

"China and the United States are the world's two largest economies... There will be a broad space for cooperation between the two countries in next decades," Cai said, adding that CEIBS Alumni Association USA will provide the great support to alumni to get deeply involved with the local business community.

CEIBS is the only Asian business school to achieve international ranking for its MBA programs. CEIBS was established on its own campus in the Pudong District of Shanghai 18 years ago as a non-profit joint venture under an agreement between the Chinese Government and the European Commission. CEIBS' MBA program has already garnered the distinction of being among the top 25 business Schools for nine consecutive years (2005-13), according to Financial Times' annual global business school survey.

"The success of a school rests upon the success of its graduates," CEIBS President Professor Pedro Nueno said during his opening remarks. "At CEIBS, the alumni represent the most valuable asset and the permanent members of a big family. I believe that CAA-USA would continue to follow our mission--'China Depth, Global Breadth,' and build a strong connection between the United States and China in the economic and cultural areas."

(Reporting from New York City)