2021-10-28

2021 SCO national finance and Capital Market Development Forum opens, pooling resources and deepening cooperation

By yqqlm yqqlm

Beijing, Qingdao, October 28 (reporter Hu Yaojie) the 2021 China Shanghai Cooperation Organization national financial cooperation and capital market development forum (hereinafter referred to as “SCO national financial and capital market development forum”) opened in Jiaozhou, Qingdao on the 28th. International organizations such as the SCO Secretariat and envoys of relevant countries in China, heads of large financial institutions at home and abroad and well-known global financial experts attended the meeting through “Online + offline”, and conducted discussions based on the increasingly active financial services and capital market demand of local trade and investment in SCO countries

2021 SCO national finance and Capital Market Development Forum opens, pooling resources and deepening cooperation

from international organizations such as the SCO Secretariat and envoys of relevant countries in China, heads of large financial institutions at home and abroad and world-renowned financial experts. Vladimir norov, Secretary General of the Shanghai Cooperation Organization, said that SCO member states will continue to strengthen mutually beneficial cooperation in the financial field, exchange advanced experience and information, and strive to create favorable conditions for the development of the financial service market. He believes that the global industrial chain of the Chinese model is more conducive to providing opportunities for cooperation for developing countries

Sri Lankan ambassador to China Palita Kohona said that since China’s reform and opening up, the rapid development of urbanization and industrialization has brought Sri Lanka a lot of good development opportunities. China is Sri Lanka’s largest source of foreign direct investment. He believes that further cooperation with China is the aspiration of all developing countries. At this stage, Sri Lanka is committed to building a global digital service center. He welcomes Chinese companies to invest and start business here, help Sri Lanka further build a digital and intelligent community, and hopes that bilateral relations can further prosper and develop

Jiang Zengwei, former president of the China Council for the promotion of international trade and vice president of the China Center for international economic exchanges, said that SCO member states have obvious differences, strong complementarity in economic structure and rich resources, so there is huge space to further deepen economic and trade cooperation among Member States. In the future, Member States should give full play to their respective resource advantages, strengthen the docking of development strategies, deepen cooperation in green agriculture, healthy digital industry and other fields, maintain the stability and smoothness of industrial chain and supply chain, inject more vitality and add new momentum to world economic development</ P>

signing the contract one belt, one road and the Kazakhstan Astana international financial center signed a memorandum of understanding. The two sides will discuss the comprehensive financial cooperation under the “one belt and one way” framework, including the cooperation in financial technology, credit certification and legal services, so as to better promote the development of the real economy. At the same time, the Sri Lanka National Pavilion has also signed a contract to settle in the Shanghai Cooperation Demonstration Zone. The project is Sri Lanka’s first national pavilion in China. It will broaden cooperation channels and promote economic and trade investment, cultural and tourism industry and other cooperation through the exhibition and sale of Sri Lanka’s characteristic products. At the meeting, the first overseas investment fund in the Shanghai Cooperation Demonstration Zone was officially settled, and the pilot amount of the fund reached US $150 million

it is reported that the theme of this forum is “hand in hand financial cohesion Shanghai Cooperation”, which is hosted by Qingdao Municipal People’s government. It includes theme promotion, signing ceremony, fund landing release and keynote speech. This year, one belt, one road, is set up for the 20th anniversary Shanghai cooperation organization. The forum aims to promote cooperation among SCO countries in the industrial chain, financial market and capital market, and expand the depth of exchanges and cooperation between the SCO countries and related areas, which helps to converge financial resources and promote multilateral cooperation between the SCO and the “one belt and one way” country and region. (end)