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The promotion event of Belarus' Investment Opportunities in B&R Initiative, which is jointly organized by the Shanghai Stock Exchange (SSE) and China-Belarus Industrial Park Development Co., Ltd. (CBIP) and co-organized by China Merchants Securities Co., Ltd. (CMS), was lately held in the trading hall of the SSE. This event was attended by over 20 persons, including Zhang Xingfu, Deputy Chief of the Department of Outward Investment and Economic Cooperation of the Ministry of Commerce (MOC), SSE Vice President Que Bo, CBIP CEO Hu Zheng and CMS Party Chief Huo Da, as well as more than 80 representatives from about 35 domestic listed companies. Zhang Xingfu, Que Bo and Hu Zheng delivered their speeches respectively at the event and witnessed the signing of a strategic cooperation agreement between the SSE Global Business Development Department and the CBIP.
Zhang Xingfu pointed out in the speech that at present, the China-Belarus comprehensive strategic partnership has kept deepening and their pragmatic cooperation level in economy and trade has increased rapidly, of which the construction and development of the CBIP is the most prominent example. There are enterprises from China and Belarus, and also those from Austria, Germany, Lithuania, the US and other European and American countries, showing the increasingly international level and industrial attractiveness of the CBIP. The MOC will continue to boost the development, construction, and investment promotion of the CBIP together with the Belarus side in the principle of "extensive consultation, joint development and shared benefits", providing investors with more professional services and support and jointly building the CBIP into a "Pearl of the Silk Road" with high-quality development.
Que Bo said in his speech that the heads of the two countries have paid great attention to the CBIP and, under their efforts, the CBIP has become the largest overseas industrial park in the world with the participation of a Chinese enterprise and is a benchmark project of jointly developing the Silk Road Economic Belt by the two sides. To further deepen the China-Belarus friendship and promote the joint development of the capital markets of the two countries, the SSE will continue to strengthen the communication with the central bank, the treasury department, the exchanges and other financial departments of Belarus and jointly set up a long-term effective financing exchange platform for the enterprises in the two countries, thus offering more convenience for the financing of these enterprises and continuing to serve the development of the "Belt and Road (B&R)" Initiative. The SSE will appropriately simplify the regulatory procedures, help enterprises in the countries along the "B&R" Initiative to come to China and also promote listed Chinese enterprises to go out, and keep promoting the exchange and cooperation in the capital markets. As the SSE has bought shares in the International Federation of Exchanges as the platform, it will strive to form a regional connective effect, provide enterprises in Belarus with better cross-border financing service, and jointly create "a community of shared future in the capital markets along the 'B&R'".
Hu Zheng made a detailed introduction on Belarus and the investment environment and preferential policies of the CBIP. He believed that the "B&R" Initiative has endowed 5 new connotations to the going-out of Chinese companies: first, it has regarded the development of companies highly consistent with the realization of national strategies; second, companies have embraced unprecedented opportunities; third, the State has offered strong support in policies; fourthly, countries along the "B&R" Initiative highly expect the investment of Chinese enterprises and the strength of the latter has been recognized; last, the economic restructuring in China has urged companies to seek new development, and the CBIP aims to help them to better go out. Afterward, Du Xiaofeng, Vice President of Chengdu Xinzhu Road & Bridge Machinery Co., Ltd., a representative of companies settling in the CBIP, shared the experience of investment in the CBIP.
This promotion event represents a concrete action of responding to the idea of firmly erecting the "Awareness of 4 Aspects" (awareness of politics, general situation, core and unification) put forward by Wang Qishan, Vice President of China, during his visit at the CBIP and of serving the national "B&R" strategy, and it is another key measure of the SSE to earnestly serve the China-Belarus cooperation in capital markets and the development of the "B&R" Initiative.
