It will be marked by an official handover address to delegates by SCR Chairman, Sir Nigel Knowles.
Heads of government, ministers and influential investors will be in Sheffield in November next year to investigate strategies that will shape the global economy and forge new approaches to pressing social, economic, and geopolitical challenges.
Horasis 2017 will attract chief executives from the world’s leading companies and is considered by many of the world’s foremost business leaders to be alongside the Davos economic summit in terms of its influence.
Sheffield City Region Local Enterprise Partnership (LEP), a partnership of local authorities and business leaders with a growing global network, was invited to bid to host the summit in 2016 following the appointment of Sir Nigel Knowles as Chairman.
Sir Nigel had previously attended Horasis and Davos and was convinced that its ambitious East/West approach would suit the enterprising ethos of the SCR and its business and academic partnerships. The City Region beat off stiff competition from around the globe to stage Horasis 2017.
Sir Nigel said: “With everyone pulling together, and a great sense of community, we are achieving transformational change and building a thriving, super-connected and successful economy.
“Chinese partners are a major and growing part of Sheffield City Region’s unfolding success story, with the biggest Chinese investment outside London coming to the city centre earlier this year. This is exactly the kind of approach championed by Horasis.
“The organisers of this important international conference have made this excellent decision because of the growing confidence and interest from global investors in Sheffield City Region.
“Last year more than 1,000 jobs were created here by international companies and this growth has brought in £97 million in capital investment.“
Dr. Frank-Jürgen Richter, the Swiss-based Chairman of Horasis, is known by top business, political and intellectual leaders around the world for building bridges between the emerging and developed markets.
He said: “I am delighted that the Sheffield City Region will be hosting the Horasis China conference. It is clearly a region with an international outlook which is ahead of the game in defining the issues that need to be tackled by global economies.
“I have visited the City Region and was very impressed by what I saw. I am certain we will learn a lot from this meeting of global leaders and I am very much looking forward to Horasis China 2017.“