“If they imagine it now, it will happen; if they do not imagine, it will never happen,” he said while addressing the students of Huamao English School, a leading private school in Ningbo, a port city in the eastern coast of China.

As a part of Social Business Week of China Prof Muhammad Yunus began his day with meeting the students of Huamao English School on Wednesday, said Yunus Centre on Thursday.

Yunus explained and elaborated his views through answering the questions as students asked him many questions over a period of more than an hour.

Founder of the school announced the opening of a Yunus Centre for Social Business in the school to allow students to learn about this new concept of business.

Ningbo region is one the sites of uninterrupted development of Chinese civilization going back to 7000 years.

Today it is one of the high growth cities in China and is recognised as the fourth most economically powerful city in China. It is located in the north of Shanghai.

The daylong celebrations included interactions with leading businessmen of the city, addressing the NGO leaders, media and a formal meeting with the Chairman of the Standing Commission of the Chinese Communist Party of Ningbo.

The celebration ended with the concluding session of the conference attended by the Chairman of the Standing Committee of the Chinese communist Party of Ningbo.

Prof Yunus was invited to come back to Ningbo for a whole week to celebrate Social Business Week of Ningbo, instead of one day in Social Business Week of China.