China-US Business Summit Annual Outstanding Entrepreneur Election Procedures and Standards

1. To Enter the Election:

Candidates may be nominated by any person,but they must be recommended by at least two members of the China-US Business Summit. Only then will the entrepreneur receive a formal nomination and vote from the committee.

2. Election Requirements:

a. Entrepreneurs must have an innovativemind.

b. Entrepreneurs must have contributed to the development of their field.

3. Voting Format:

After being nominated, each committee member votes for a selected candidate. The candidate that has the largest number of votes from the committee is officially selected. This must be more than two-thirds of the total number of the committee population.

4. Winners:

a. Finalists cannot be more than ten people annually. If the number is less than ten, the number remains as is.

b. Finalists from China and the US are notlimited to a specific number on each side.

5. Awards Ceremony:

The annual awards are given at the Opening Ceremony of the China-US Business Summit in downtown Los Angeles. On other occasions, if more than two-thirds of the committee has agreed, then the awards ceremony can be moved to another time and location.