CICC Attends the Third Belt and Road Summit in Hong Kong as Strategic Partner
The third Belt and Road Summit jointly organised by the Government of the Hong Kong Special Administrative Region and the Hong Kong Trade Development Council (HKTDC) was held on June 28, 2018 at the Hong Kong Convention and Exhibition Centre. China International Capital Corporation Limited (CICC, 3908.HK) attended the Summit as a Strategic Partner for the third straight year.
This year’s Summit is themed “Collaborate for Success”. Government and business leaders from the Chinese mainland, Hong Kong and around the world spoke at the Summit and discussed the opportunities presented by the Belt and Road (B&R) Initiative.
Chief Executive of the HKSAR Carrie Lam Cheng Yuet-ngor said in the opening session that as the world’s freest economy and China’s most cosmopolitan city, Hong Kong plays an important role in the implementation of the B&R Initiative. Hong Kong welcomes the flow of capital, goods, information and also the talent, and those will continue to prove that Hong Kong is irreplaceable in the Initiative.
Bi Mingjian, Chief Executive Officer of CICC, delivered a speech at the Luncheon Plenary. He said: “CICC is the first among Chinese investment banks to venture into overseas markets. Upholding our vision of ‘Chinese Roots, International Reach’, CICC has paid consistent attention to the investing and financing needs of B&R areas in infrastructure, energy minerals, telecom, manufacturing, consumption and finance, etc. Looking forward, CICC will work closely with more outstanding enterprises and institutions in financing and project investments under the B&R Initiative.”
Since the inaugural Belt and Road Summit was held in May, 2016, CICC has continued to act as a Strategic Partner offering support to the event.
The Belt and Road Initiative was proposed by China to chart out new territories for international cooperation. Leveraging its profound knowledge in both domestic and overseas markets and rich experience in cross-border investment and financing as well as its outstanding professionalism, CICC is well-positioned to provide high-quality financial services for governments, institutions and enterprises etc. along the routes, promoting the concretion of the Initiative.