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The 1st International Production Capacity Cooperation Forum & the 8th China Overseas Investment Fair Formally Opened

Source: CNBM

Date: Oct 21, 2016

On October 20, Wang Yang, Vice President of the State Council of China, and Trutnev, Deputy Prime Minister of Russia and exclusive representative of President in the Far Eastern Federal District, jointly attended the opening ceremony of the 1st International Production Capacity Cooperation Forum & the 8th China Overseas Investment Fair.

Ning Jizhe, Deputy Director of State Development and Reform Commission attended the opening ceremony and made a keynote report. Ning Jizhe pointed out that China’s outward foreign direct investment flow reached 145.67 billion dollars in 2015, ranking 2nd in the world. It maintains rapid development since this year, and the enterprise structure, industrial structure and regional structure show a continuous positive change. The foreign investment cooperation of China is developing at a new milestone into the new period of properly broadened scale, adjustment and optimization of the structure, and steady improvement of the quality.

Wei Feng, General Manager Assistant of CNBM, was invited the opening ceremony of the 1st International Production Capacity Cooperation Forum & the 8th China Overseas Investment Fair. He expressed that the international production capacity cooperation promoted by China was the comprehensive international cooperation concerning the construction of production capacity, transfer and promotion. In recent years, CNBM positively takes part in the international production capacity cooperation in response to the call of the nation and has made great results with steadily formed cooperation mechanism, more powerful cooperation support, continuously strengthened cooperation guarantee and constantly appeared cooperation results. CNBM wishes to lead all the subsidiaries to positively promote the international production capacity cooperation based on the opportunity of “One Belt and One Road”, in order to begin a new start of innovation, energy, linkage and tolerance.

Then Wei Feng visited the 8th China Overseas Investment Fair and listened to the recommended projects from countries’ Investment Promotion Bureau. He pointed out after the Forum that CNBM had recently completed the recombination of “Two Materials”, had the business reformed, and was in the strategic opportunity period of making a big fortune. It holds the confidence and ability to greatly promote the business into middle and high level, and is full of confidence and capability in achieving the mutual investment and trade of “introducing in” and “stepping out”, promoting the various business modules into a higher level. The equipment company is expected to follow the development of the Group and raise the overall business of the company to a new platform.

 

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