Teacher representative

Teacher Representative

Good morning/afternoon, dear teachers and fellow students!

First of all, I’d like to share with you several exciting competitions that let us get up close to the world of business and economics. These aren’t just platforms to showcase ourselves—they’re also valuable opportunities for us to gain knowledge and enhance our skills.

First up is the ASDAN Business Simulation Competition, a challenging and engaging business-focused exercise. The regional competition consists of four key stages: In the Auction, participants must strategically bid for resources using sharp business acumen; during the Roadshow, teams are tasked with clearly presenting their business plans to "investors"; in the Operation phase, careful analysis of market reports is essential as teams make well-informed business decisions; and finally, the Business Battle tests the team’s overall strength and competitive edge. Additionally, the competition features a robust progression system—moving from the Regional Round to the National Semi-Finals, and ultimately to the Global Finals—providing valuable opportunities for growth at every stage.

Next up is the International Economics Olympiad (IEO). Its selection process is clearly laid out: it begins with the Preliminary Round in November 2025, followed by the National Round, the Asia Round, and finally the Global Round. The Preliminary Round is divided into two categories: the High School Division and the Middle School Division. In the High School Division, participants must answer 50 English multiple-choice questions within 80 minutes, while the Middle School Division tackles 25 Chinese-English multiple-choice questions in just 50 minutes. What’s more, the award structure is incredibly generous: the top 10% of competitors nationwide earn the National Honor Award, and the top 20% receive the High Distinction. This isn’t just an honor—it’s a powerful validation of your economics knowledge.

There’s also the National Economics Challenge (NEC). It features several divisions tailored to students with varying levels of background knowledge. The Pre Division is designed for beginners with no prior experience, while the DR Division is intended for students who have completed one introductory economics course. Meanwhile, the AS Division is specifically geared toward those who have mastered both microeconomics and macroeconomics. The competition takes place in team-based formats, with each team consisting of 2 to 4 members, and unfolds across multiple stages—including an economics knowledge assessment, case study analysis, an economic innovation challenge, and a live quiz bowl. Outstanding teams and individuals stand a chance to win prestigious awards, and the top 40% of participating teams will advance to the National Finals.

The registration fees for these competitions are quite reasonable. The ASDAN Business Simulation Competition and the NEC Challenge cost around 600 RMB, while the IEO Preliminary Round costs 240 RMB. Additionally, the school will provide teachers to offer pre-competition training and guidance, helping everyone prepare more effectively for the event.

Dear classmates, these business competitions are like windows that allow us to glimpse real-world business operations and the fascinating world of economics. Whether you’re curious about the business world or looking to sharpen your logical thinking and teamwork skills, these competitions are a fantastic choice. If you’re interested, be sure to reach out to the economics teacher for more details—and don’t miss this incredible opportunity to grow both personally and professionally!

Thank you!

Business Competition: Illuminating the Path to Tomorrow's Careers

Dear teachers and beloved classmates:

Today, I’d like to share with you several exciting competitions that will bring us face-to-face with the worlds of business and economics. These aren’t just platforms for self-expression—they’re also invaluable opportunities for us to deepen our knowledge and sharpen our skills.

First up, let’s introduce the ASDAN Model Business Competition—a challenging yet exhilarating hands-on business simulation. The regional round features four core stages: At the auction session, you’ll need to leverage your sharp business instincts to bid strategically for valuable resources. During the fundraising pitch, you’ll have to clearly present your team’s business plan to “investors.” In the operations phase, careful analysis of market reports will be crucial as you make well-informed business decisions. Finally, the business showdown tests your team’s overall strength and capabilities. What’s more, the competition boasts a robust progression system—moving from regional challenges to the national semi-finals, and ultimately advancing to the global grand finals. Each step of the journey offers invaluable opportunities for growth and learning.

Next up is the Global Economics Olympiad. IEO ). Its selection process is clearly defined, starting with the preliminary round in November 2025, followed by the national competition, the Asian competition, and ultimately leading to the global stage. The preliminary round is divided into two categories: high school and middle school. High school students have 80 minutes to complete 50 multiple-choice questions in English, while middle school students are given 50 minutes to answer 25 questions that include both Chinese and English options. The award structure is also exceptionally generous—students ranking in the top 10% nationally will receive the Excellence Award, and those in the top 20% will earn the First Prize, which not only recognizes their achievements but also serves as a testament to their strong grasp of economic knowledge.

There’s also the NEC Economics Challenge, which offers different categories tailored to students with varying levels of background knowledge. The Pre category is designed for complete beginners with no prior experience in economics, while the DR category is aimed at students who’ve already completed an introductory economics course. Meanwhile, the AS category is specifically for those who have mastered both microeconomics and macroeconomics. The competition is team-based, with groups of 2 to 4 participants, and unfolds across multiple stages—including an economics knowledge test, case studies, an innovation challenge, and live Q&A sessions. Outstanding teams and individuals stand a chance to win prestigious awards, and the top 40% of teams will even advance to the national finals.

The registration fees for these competitions are quite reasonable—ASDAN Model Business Competition and NEC Challenge are both around 600+ yuan, while the IEO preliminary round costs 240 yuan. Plus, schools will even provide teachers to offer pre-competition training and guidance, helping everyone prepare more effectively.

Classmates, these business competitions are like windows that open up to the real-world dynamics of commerce and the fascinating world of economics. Whether you’re curious about business or looking to sharpen your logical thinking and teamwork skills, these competitions are a perfect choice. If you’re interested, be sure to reach out to your economics teacher for more details—don’t miss this fantastic opportunity to grow and excel!