CEFC China Shares Investment Experience under the “Belt & Road” Initiative with Domestic and Foreign Guests at China Development Forum 2017CEFC China
China Development Forum 2017 held at the Diaoyutai State Guesthouse in Beijing
Jiang Chunyu addressing the closed-door roundtable
China Development Forum is the first major state-level international meeting held after the conclusion of the “Two Sessions”, namely the National People’s Congress (NPC) and the Chinese Political Consultative Conference (CPPCC).The Forum this year was hosted by the Development Research Center of the State Council at the Diaoyutai State Guesthouse in Beijing on March 18-20, which addressed key issues concerning propelling supply-side structural reforms, China manufacturing 2025, environmental protection, high-level opening up and the “Belt and Road” Initiative.
This is the first time that CEFC China has been invited to the forum. Jiang Chunyu, Secretary of CEFC China’s Party Committee and Director of its International Center, addressed the closed-door roundtable “Cross-border Investment: Opportunities for Cooperation”. He shared the experience of how CEFC China as an explorer and forerunner in implementing the “Belt & Road” Initiative has, under the leadership of Ye Jianming, Chairman of the Board of CEFC China, conducted overseas investment, optimized resources distribution and realized structural transformation to enhance its global competitiveness and serve the domestic industrial upgrading and supply-side reforms. He talked about CEFC China’s overseas exploration in five aspects: firstly, seizing the opportunity for strategic planning and setting priorities straight; secondly, adopting the strategy of dual development of energy and finance to provide fund support; thirdly, building a strong team consisting of professionals with global perspectives; fourthly, facilitating the integration of Chinese and Western culture; and fifthly, conducting public diplomacy to build mutual trust. In his brief speech, he elaborated on CEFC China’s investment programs in Czech and Georgia under the “Belt and Road” Initiative The speech was both appealing and informative, attracting the attention of and appreciated by the participating entrepreneurs and other attendees.
Themed “China and the World: Economic Transformation through Structural Reforms”, this year’s high-level Forum has provided a platform with its 42 sub-forums for dialogues between China’s senior leadership and representatives from global leading businesses, political circles, and scholars at home and abroad. Making its debut at the forum, CEFC China has also drawn inspirations from the brainstorming in addition to presenting “Cases of CEFC China” to the participants. Zhang Gaoli, Vice Premier of the State Council, recognized the significant progress made in the implementation of the “Belt & Road” Initiative. In the view of Joseph Stiglitz, recipient of the Nobel Memorial Prize in Economic Sciences, the “Belt & Road” Initiative” is China’s contribution to globalization, which involves many countries along the Belt and Road to connect with the world economy.
The innovative explorations of Chinese enterprises have helped accelerate the implementation of the “Belt and Road” Initiative proposed by President Xi Jinping, And the achievements made has won the world’s attention and appreciation. Going forward, CEFC China will explore a development path that can be replicated and promoted widely among Chinese private enterprises by conforming its domestic and international business operations to China’s “Belt and Road” Initiative.
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