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The Jiangxi Provincial Department of Commerce and Jiangxi Bank of China jointly held the "Western West Strategy" Economic and Trade Matchmaking Conference

The Jiangxi Provincial Department of Commerce and Jiangxi Bank of China jointly held the "Western West Strategy" Economic and Trade Matchmaking Conference

  • Categories:Industry News
  • Author:
  • Origin:Xinhua News Agency Client Jiangxi Channel
  • Time of issue:2017-08-11
  • Views:0

The Jiangxi Provincial Department of Commerce and Jiangxi Bank of China jointly held the "Western West Strategy" Economic and Trade Matchmaking Conference

(Summary description)On July 27, the Jiangxi Provincial Department of Commerce and Bank of China Jiangxi Branch jointly held a deepening "Western West Strategy" economic and trade matchmaking meeting. This is an important measure for Jiangxi to promote "bringing in" and "going out", and it is also Jiangxi Bank of China's implementation of the head office "to assume social responsibility and be the best bank" strategy to fully promote the province's open economy Pragmatic action for development. The purpose of this conference is to build a bridge for Jiangxi enterprises to interact and cooperate with Brazil, and to deepen Jiangxi's "going out" enterprises' understanding of Brazil and the Latin American market.

  • Categories:Industry News
  • Author:
  • Origin:Xinhua News Agency Client Jiangxi Channel
  • Time of issue:2017-08-11
  • Views:0
Information

  On July 27, the Jiangxi Provincial Department of Commerce and Bank of China Jiangxi Branch jointly held a deepening "Western West Strategy" economic and trade matchmaking meeting. This is an important measure for Jiangxi to promote "bringing in" and "going out", and it is also Jiangxi Bank of China's implementation of the head office "to assume social responsibility and be the best bank" strategy to fully promote the province's open economy Pragmatic action for development. The purpose of this conference is to build a bridge for Jiangxi enterprises to interact and cooperate with Brazil, and to deepen Jiangxi's "going out" enterprises' understanding of Brazil and the Latin American market.

 

Jiangxi Feishang Forest Products Co., Ltd.


22 government officials from 8 Brazilian states, the Bank of China Headquarters, China Development Bank Jiangxi Branch, China Export-Import Bank Jiangxi Branch, China Export and Credit Insurance Corporation, Brazil Haitong Investment Bank and other relevant domestic and overseas financial institutions leaders and experts, And more than 40 senior executives of "Going Global" key enterprises in the province participated in this matchmaking meeting.


  In order to allow more companies in Jiangxi to “join hands with Brazil”, the Jiangxi Provincial Department of Commerce and Jiangxi Bank of China have promoted the development of key enterprises in the province and supported enterprises to “go global” and signed the "Strategic Cooperation Agreement." Officials from the State of Bahia in Brazil introduced the investment environment in Brazil. The person in charge of the China-Latin America Economic and Trade Cooperation Park made a project promotion. Boneng Group signed cooperation agreements with China-Latin America Economic and Trade Park, Feishang Forestry and Brazil Haitong Bank.

 

Jiangxi Feishang Forest Products Co., Ltd.


  The government-bank-enterprise linkage builds a big exchange platform


  &Ldquo;West-West Strategy” The Economic and Trade Matchmaking Conference is a specific measure to accelerate the establishment of a new pattern of comprehensive opening-up by the close linkage of government, bank and enterprise. It is also an important activity to promote pragmatic cooperation with the BRICS. The scale of the bilateral trade between Jiangxi and Brazil is gradually expanding and the level has been improved. A group of powerful Jiangxi enterprises such as Jiangxi Copper, Jiangxi Guojing, and Jiangxi Railway Investment are actively exploring the international market, seeking cooperation with foreign companies including Brazil, and continuously improving their international development level.

 

Jiangxi Feishang Forest Products Co., Ltd.


Wang Shuipi, Director of the Jiangxi Provincial Department of Commerce, said that while Jiangxi and Brazil continue to expand the scale of bilateral trade, they welcome Brazilian companies to invest and develop in Jiangxi, and encourage companies to make full use of Jiangxi as an important fulcrum of the "Belt and Road Initiative" and a strategy for the Yangtze River Economic Belt. The location advantage of the support allows products and services to enter the vast mainland Chinese market and even the countries along the "Belt and Road". Jiangxi will also continue to encourage qualified and competent enterprises to take advantage of their advantages, seize favorable opportunities for Brazil's economic development, and actively go to Brazil to carry out investment cooperation in infrastructure, manufacturing, agriculture and other fields to promote mutually beneficial economic development between the two sides.


  Deepen the “West-West strategy” to help international exchanges and cooperation


  This "Western West Strategy" economic and trade matchmaking meeting is an important measure for Jiangxi Bank of China to implement the "Belt and Road Initiative" and support the development of economic and trade exchanges between Jiangxi and Brazil based on the conditions of Jiangxi Province. Around this initiative, the Bank of China has closely linked relevant institutions to promote the implementation of relevant projects and achieved good results.


   Bank of China has a century-old history and is the commercial bank with the highest degree of internationalization and the widest diversified platform in China. It has a leading edge in global cross-border services and is the financial fulcrum and important bridge for the implementation of the "One Belt, One Road" initiative. For many years, Jiangxi Bank of China has actively cooperated with domestic and foreign institutions of the group to provide a full range of financial and intellectual services for "going out" enterprises.


Jiangxi Bank of China President Zhang Dongxiang said that Jiangxi Bank of China will take this opportunity to actively implement the head office's "take social responsibility and be the best bank" development strategy, give full play to its channel, capital and intellectual advantages, and base itself on the "domestic" +Overseas”two markets, continue to promote “Brazil—Jiangxi” economic and trade exchanges and cultural exchanges, and strive to provide the full chain of high-quality financial services for in-depth and multi-field cooperation between the two parties, and accelerate the development of export-oriented economy in Jiangxi Province The upgrade provides "currency + intelligence" dual capital support.


   Knocking “Sixi”butt the strongest sound


  &Ldquo;When we came to Jiangxi, the housing, high-speed rail, and urban planning we saw made us full of longing for future cooperation. "Officials from Paraiba, Brazil enthusiastically invite Jiangxi enterprises to invest in Brazil. He said that Jiangxi and Brazil are only geographically apart, and there will be no distance between the two sides in future cooperation.


  China and Brazil belong to the "BRIC countries", and their economies are highly complementary. The cooperation between Jiangxi and Brazil has already been fruitful. In 2016, the bilateral trade volume between Jiangxi Province and Brazil was US$626 million, a year-on-year increase of 33.61%. In the first half of this year, bilateral trade totaled US$450 million, a year-on-year increase of 56%.

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