September 9th, 2016

(From people.cn) The forum on “One Belt One Road” and Chinese enterprises “going global” was held on September 9 in Xiamen. This forum was a special sub forum of the 19th China International Fair for Investment & Trade and International Investment Forum 2016, consisting of two sub forums: 1. New Investment Map of “One Belt One Road”; 2. “The Belt and Road” and Risk Prevention & Control for Chinese enterprises “going global”. Government leaders, experts, scholars and entrepreneurs met and exchanged ideas on topics related to “the Belt and Road” and Chinese enterprises “Going Global”, giving advice and suggestions on the development of Chinese enterprises.

Mr. Wang Zhiguo, former Vice Chairman of the All-China Federation of Industry & Commerce, Mr. Xiao Wunan, Executive Vice Chairman of Asia Pacific Exchange & Cooperation Foundation, Mr. Xu Qinghua, Deputy Secretary General of the China Council for International Cooperation on Environment and Development, Mr. Fang Wei, Commissioner of the Ministry of Commerce in Chengdu, Mr. Wu Liang, President of Liaowang Institution of Xinhua News Agency, Mr. Zhao Gang, Director of the Office of International Science and Technology Cooperation Program on Renewable and New Energy of Ministry of Science and Technology, Mr. Shi Jiyang, President of the China-Africa Development Fund of the China Development Bank, Mr. Zhu Jianmin, Vice President of Country Garden Group, and other guests attended this forum and delivered keynote speeches.

Since “the Belt and Road” initiative was proposed in 2013, this grand vision has been continuously enriched, carrying the dream of development and prosperity of countries along these routes. The construction of “the Belt and Road” is to further expand China’s opening up, reshape the global industrial chain conducive to the comparative advantages of each country to make it more balanced and universally beneficial and create a mutually beneficial and inclusive world development.

Mr. Xiao Wunan, Executive Vice Chairman of Aisa Pacific Exchange & Cooperation Foundation, delivered a speech on the theme comprehensive win-win achieved by the construction of “the Belt and Road”. On how to go global, he expressed that firstly, we should improve the top-level design; secondly, for Chinese enterprises going global, we should establish a system security mechanism for professional support service; thirdly, in “the Belt and Road” countries, embassies and overseas Chinese should play a role in the settlement of risks and problems while going global; fourthly, make a comprehensive assessment of the “Going Global” countries’ politics, economy, culture and history; fifthly, “Going Global” must take into consideration benefit as the priority.

Mr. Fang Wei, Commissioner of the Ministry of Commerce in Chengdu, said that since “the Belt and Road”was proposed, the projects have been expanded by countries along the routes including infrastructure, interconnection and intercommunication, industrial park, real estate project. More importantly, arrangements of mechanism and financial system have been established with countries along the routes. Ministry of Commerce statistics on trade and investment data, industrial park data, show the unprecedented inclusiveness and openness of “the Belt and Road”.

Mr. Wu Liang, President of Liaowang Institution of Xinhua News Agency, said the combination of top-level design and grass-root innovation will make the grand vision of “the Belt and Road” implementable. Chinese enterprises should be the backbone of promoting this initiative and play an important role in the implementation process in order to obtain a broader space for growth.

Mr. Xu Qinghua, Deputy Secretary General of the China Council for International Cooperation on Environment and Development, said that in the past year real estate enterprises going global has become a hot spot. The scale of overseas investment of China's real estate enterprises represented by Wanda and Greenland Group has attracted public attention. They have improved local people’s livelihood while expanding international markets. Overseas investment by Chinese real estate enterprises could effectively meet their housing demand, improve the living environment and benefit of the local people. Meanwhile, infrastructure and trade port projects of “the Belt and Road”are implemented as real estate project, which can help to expand employment and promote ‘win-win’ between host countries and Chinese enterprises.