The visit of the American Delegation will ______. On what kind of occasion are the two speeches given?

Beloved Ladies, Gentlemen and Friends,
First of all, let me on behalf of our company to extend a warm welcome to the members of the American Delegation who have been invited to this country and this company.I think that your visit will promote the rapid development of our business relations. Since my return from the United States last September, our exchanges have been very fruitful. Your visit in Tianjin shows a further step in our co-operation. Mr. Smith has done a lot in this respect. I’m very honoured to host the dinner for you all tonight.
We really appreciate Mr. Smith’s effort in coming to Tianjin to talk about the feasibility of a joint venture. We look forward to the success of our mutual collaboration. Chian has a long way to go to realize its modernization. Thank you for your offer to help us create a stronger China in the near future. We’d like to promote our cooperation and make it profitable for both sides through the spirit of mutual benefit and equality and supplying each other’s needs.
Now, please join me in toasting to the health of Mr. Smith, to everybody else present, to the success of our relationship. Cheers!
President Gao,
Our Chinese friends,
My colleagues,
Ladies and Gentlemen,
    It is a special honour to me to have a chance to speak on behalf of all the members of our delegation. I would like to express our sincere thanks to president Gao for inviting us, and for all the hard work and thought you have given to the arrangements for our visit. We are also grateful for such a marvelous dinner tonight.
    I hope that we shall all enjoy the business exchanges and friendly contact in the following days. Every member of our delegation hopes that the rate of trade between the two countries will increase in the future through our mutual efforts. And I think that only by free flow of visitors can trade develop satisfactorily. Of course, no one would be foolish as to think that just one visit will work wonders.
    I am very impressed by the hospitality and warmth by which you have received us. You must have had a very busy time making all the preparations. We are especially thankful to you for arranging the meeting for us and for everything that you have done on our account.
    I hope that Mr. Gao and our other Chinese friends will be able to visit our country in the future, so that we will have the chance to be host and return some of your kindness.
    Quite apart from business contracts, these meetings will surely help enhance the understanding and friendship between us. Well begun is half done, as we say. I hope this visit will pave for further business relations between our two countries.
      In closing, I would like to invite you to join me in a toast to the trade and friendship between us, to the health of Mr. Gao, to the health of our Chinese friends, to the health of my colleagues! Cheers.