BRI may provide cushion for China's growth over next four decades
5ce4a6eda3104842e4aed6f4
BRI may provide cushion for China's growth over next four decades
24 May 2019
China is poised to grow strongly in the next two to four decades due to the Belt and Road Initiative and this will provide significant business opportunities to other economies in the world which would benefit from the country's business wisdom, participants of a student-led business forum in London said. "Growth is going to continue to come from China for the next 20, 30, maybe 40 years ... The greatest growth opportunity in the world is the Belt and Road Initiative," Stephen Perry, chairman of the 48 Group Club, said in a keynote speech to the 8th London Business School China Business Forum. "What China is trying to do is to free the productive capacity and consumer demand from China, across Central Asia, central Europe, and down into Africa," he said, adding it is in the United Kingdom's interests to take part in the initiative. The UK should work with the BRI, especially with London facing an uncertain future because of its pending departure from the European Union, Perry added. The forum, whose theme is entitled "Vitalize Business Landscape: Connecting the Eurasia Continent," was held in London on Friday. Its aim is to provide opportunities for global business leaders, scholars, and political figures to discuss the latest issues facing global businesses. Chen Wen, charge d'affaires at China's embassy in London, gave an opening remarks at the start of the forum that was followed by Perry's keynote speech. During the panel discussions, participants discussed key developments of the Chinese and European economies, including the recent trade accomplishment of Italy joining the BRI, trade deals between China and France, and comparisons of innovative business practices in China and Europe. Xie Weishan, chairman and co-founder of Kmind Consulting, talked about China's wisdom and the role Chinese classics such as "The Art of War," written by Sun Tzu, plays in today's intense business environment. He cited examples of successful brands such as Firmus, an infant milk brand in China, and Bosideng, a down jacket brand with a history of over 40 years in China, to illustrate how these companies leverage the wisdom of The Art of War to rise against the odds. "To win the fierce business competition, the best approach is 'Winning without Fighting', and the essence of this approach is to win people's hearts and get power from them," he said. "If we can leverage the power generated from consumers' recognition through the company's moves in operation, strategy and communication, we can obtain our competitive edge when facing any competitors in any situation." Within four years, Kmind Consulting has helped nine Chinese companies achieve strong growth as it integrated China's wisdom with Western philosophies to develop service tools, Xie said. "Globalization brings more challenges for domestic companies than before," he said. "It is normal and inevitable. The point is how we prepare for that ... . and this is the Eastern wisdom both the East and the West should learn (from)." Sang Yee Lau, senior executive vice-president and chairman of group marketing and global brands at Tencent, participated in the panel discussion as a representative of China's internet technology sector. "From a micro and macro perspective, I think it has to do with the emancipation of productivity in (the) growth of China," he said. "When a country has grown in a double-digit manner for the past two decades, what it basically means again from an economic perspective, you have a great demand that is supported by the state." Founded in 2012, the London Business School's China Business Forum is one of the largest student-led China-focused business forums in Europe.
China will offer disaster prevention services for countries along Belt and Road
201905211105052
China will offer disaster prevention services for countries along Belt and Road
21 May 2019
China will offer customized data services for disaster prevention through its Fengyun meteorological satellites for more countries along the Belt and Road, said a senior official of the China Meteorological Administration's National Satellite Meteorological Center. The services will be provided based on the results of a survey of 81 countries. By the end of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey. All of the respondents said they wanted to install the application software platforms of the Fengyun satellites for weather forecasting, as well as climate and environment monitoring. They also requested a range of services, especially in monitoring rainfall, droughts, dust storms, heavy fog and lightning, in addition to training courses on Fengyun meteorological satellite data analysis, remote-sensing applications and data collection. Many countries along the Belt and Road have high mountains, deserts, oceans and a lack of accurate meteorological information. The number of meteorological disasters in the regions is more than double the global average, the administration said. Wei Caiying, deputy general-director of the National Satellite Meteorological Center, said that real-time disaster monitoring by meteorological satellites could provide these countries with a scientific basis for disaster prevention and reduction. "Weather-related disasters such as typhoons pose a threat to life and property. Tracking their path could help local authorities decide how to proceed with evacuations," she said. In addition to real-time monitoring, the China Meteorological Administration set up the Emergency Support Mechanism for international users of Fengyun satellites last April, which covers disaster prevention and mitigation. So far, 15 countries including Iran and Mongolia have registered as users of the mechanism. According to the administration, the mechanism can switch the on-duty satellite to a quick-scan mode focusing on areas required by users when they are hit by disasters. "During disasters, Fengyun satellites can scan as often as every five or six minutes. The China Meteorological Administration could send users cloud images and products via satellites and public clouds," Wei said. For example, in March, China provided a remote-sensing monitor report on flooding in Iran via Fengyun. The analysis estimated the coverage and terrain characteristics of the flooded area, which greatly assisted the country's evacuation efforts. China has launched 17 Fengyun series meteorological satellites, of which seven are currently operational. The World Meteorological Organization has included China's Fengyun series of meteorological satellites as a major element of its global Earth observation system. Source:Chinadaily
Ukrainian Consul General to Shanghai visits SRCIC Shanghai Office
x1
Ukrainian Consul General to Shanghai visits SRCIC Shanghai Office
18 May 2019
SRCIC Deputy Secretary General Tian Xiaohong (R6) and Ukrainian Consul General to ShanghaiPonomarenko Dmytro(L5) visiting Ukraine International Art Exhibition On 18 May, the delegationled by Ponomarenko Dmytro,Ukrainian Consul General to Shanghai, together with Zhang Ruofei, Director of Shanghai Art Museum,visited SRCIC Shanghai Office. Tian Xiaohong, SRCIC Deputy Secretary General extended a warm welcome to the delegation and accompanied them to SRCIC Shanghai Office and Ukrainian International Art Exhibition. Ukrainian Consul General to ShanghaiPonomarenko Dmytro (L) and SRCIC Deputy Secretary General Tian Xiaohong (R) Ms. Tian Xiaohong introduced the recent collaboration between SRCIC and Ukrainian side to ConsulGeneral. She especially mentioned the synergic efforts of SRCIC and Shanghai Art Museum for facilitating the exhibition of Ukrainian paintings in Hongqiao Overseas Trade Center which gained high level of attention by authorities. SRCIC Deputy Secretary General Tian Xiaohong(L), Ukrainian Consul General to Shanghai Ponomarenko Dmytro(M), and Director of Shanghai Art MuseumZhang Ruofei(R) Ponomarenko Dmytroexpressed his gratitude to SRCIC for its support to Ukrainian arts and commerce and hoped that the two sides could have further collaboration and exchanges in the future. The two sides also held detailed discussions on strengthening bilateral cooperation in the fields of automobile industry, film-television industry and education industry.
Astana Economic Forum 2019: a business highlight in Eurasia
x1
Astana Economic Forum 2019: a business highlight in Eurasia
17 May 2019
The event, held on 16 and 17 May this year, is an important rendezvous for top-level politicians, Nobel Prize winners and businessmen alike. Around 50,000 delegates from 150 countries have previously attended the international congress. The AEF is regarded as one of the most influential international platforms for discussing the recovery and development of the global economy and financial system. Using the slogan "Inspiring growth: people, cities, economies", the AEF describes itself as one of the business highlights of the year in Eurasia. It examines the rapid changes in the industry’s 4.0 era, and how the "new technological pattern dramatically changes the way we work, exercise our civil rights, and bring up our children." The AEF’s topics are changed annually and cover a wide range of challenges, principally covering themes on the economy, technology, the social sector and consumption. Source:Kazinform
CSEBA at Zagreb Infrastructure Summit
logo
CSEBA at Zagreb Infrastructure Summit
17 May 2019
Under the auspices of CSEBA, the business association of China and JI Europe will talk about the development of the sea ports of the region and the development of the railway infrastructure, among which will be Alexander Sauha of CSEBA and Erich Cossutta of COSCO Shipping, Nina Perko from the Ministry of the Sea, Transport and Infrastructure and Sanja Vučić from Croatian Railways. Moderator will be Vladimir Nišević, editor in chief of Poslovni dnevnik, the only business daily newspaper in Croatia. The Zagreb Infrastructure Summit will gather key people from ministries, state-owned companies, the transport, construction and financial sectors in one place to discuss the challenges of the profession and capital infrastructure projects. The conference will be attended by the founder of Z-Run Wellton Industry Jiang Yu, President of the Croatian Road Administration, Josip Škorić, IGH President Oliver Kumric, State Secretary for Infrastructure of the Ministry of the Sea, Transport and Infrastructure Tomislav Mihotić, Adviser to the Embassy of the Republic of China NR Kine Liu Kai , and the head of the COSCO Shipping regional office, Erich Cossutta. Source:CSEBA
SRCIC Chairman Lu Jianzhong elected as Vice President of CAFIU
x1
SRCIC Chairman Lu Jianzhong elected as Vice President of CAFIU
16 May 2019
On May 16, the general meeting of Chinese Association for International Understanding (CAFIU), namely, the 1st plenary session of the 12thcouncil was held in Beijing. SRCIC Chairman Lu Jianzhong was invited to the meeting and elected as Vice President of the 12th Executive Council of CAFIU. Ji Bingxuan, Vice Chairman of the 13th Standing Committee of the National People's Congress,Yan Juanqi, Vice Chairman of the 12th Standing Committee of the National People's Congress, Song Tao, Minister of the International Liaison Department of the Communist Party of China, Wang Yajun, Vice Minister of the International Liaison Department of the Communist Party of China, also attended the meeting and delivered the speeches respectively. The meeting reviewed the work statement of the 11th Council and the Constitution of CAFIU (Revision), announced the adjustment of CAFIU's leadership and appointed the new council leadership and the Secretary-General of the Secretariat. Ji Bingxuan was elected as President of the 12th Executive Council of CAFIU. Both Chairman Lu Jianzhong and Wang Yajun were elected as Vice Presidents of the 12th Executive council of CAFIU, along with 25 new Standing Council Members and 73 new Council Members. Group photo Established in 1981, the Chinese Association for International Understanding (CAFIU) is composed by social activists, scholars and representatives from all walks of life. CAFIU is registered as a non-profit organization with the Ministry of Civil Affairs, and acquired special consultative status with UN ECOSOC in May, 2003. The Executive Council is CAFIU's highest organ of power, which is elected every five years. Since its founding, CAFIU has established ties and conducted exchanges with associations, political organizations and research institutes of dozens of countries, as well as well-known international organizations. CAFIU also participates in the activities with UN entities, and keeps regular contact with some international organizations.
Ukrainian Consul General to Shanghai visits SRCIC Shanghai Office
x1
Ukrainian Consul General to Shanghai visits SRCIC Shanghai Office
18 May 2019
SRCIC Deputy Secretary General Tian Xiaohong (R6) and Ukrainian Consul General to ShanghaiPonomarenko Dmytro(L5) visiting Ukraine International Art Exhibition On 18 May, the delegationled by Ponomarenko Dmytro,Ukrainian Consul General to Shanghai, together with Zhang Ruofei, Director of Shanghai Art Museum,visited SRCIC Shanghai Office. Tian Xiaohong, SRCIC Deputy Secretary General extended a warm welcome to the delegation and accompanied them to SRCIC Shanghai Office and Ukrainian International Art Exhibition. Ukrainian Consul General to ShanghaiPonomarenko Dmytro (L) and SRCIC Deputy Secretary General Tian Xiaohong (R) Ms. Tian Xiaohong introduced the recent collaboration between SRCIC and Ukrainian side to ConsulGeneral. She especially mentioned the synergic efforts of SRCIC and Shanghai Art Museum for facilitating the exhibition of Ukrainian paintings in Hongqiao Overseas Trade Center which gained high level of attention by authorities. SRCIC Deputy Secretary General Tian Xiaohong(L), Ukrainian Consul General to Shanghai Ponomarenko Dmytro(M), and Director of Shanghai Art MuseumZhang Ruofei(R) Ponomarenko Dmytroexpressed his gratitude to SRCIC for its support to Ukrainian arts and commerce and hoped that the two sides could have further collaboration and exchanges in the future. The two sides also held detailed discussions on strengthening bilateral cooperation in the fields of automobile industry, film-television industry and education industry.
SRCIC Chairman Lu Jianzhong elected as Vice President of CAFIU
x1
SRCIC Chairman Lu Jianzhong elected as Vice President of CAFIU
16 May 2019
On May 16, the general meeting of Chinese Association for International Understanding (CAFIU), namely, the 1st plenary session of the 12thcouncil was held in Beijing. SRCIC Chairman Lu Jianzhong was invited to the meeting and elected as Vice President of the 12th Executive Council of CAFIU. Ji Bingxuan, Vice Chairman of the 13th Standing Committee of the National People's Congress,Yan Juanqi, Vice Chairman of the 12th Standing Committee of the National People's Congress, Song Tao, Minister of the International Liaison Department of the Communist Party of China, Wang Yajun, Vice Minister of the International Liaison Department of the Communist Party of China, also attended the meeting and delivered the speeches respectively. The meeting reviewed the work statement of the 11th Council and the Constitution of CAFIU (Revision), announced the adjustment of CAFIU's leadership and appointed the new council leadership and the Secretary-General of the Secretariat. Ji Bingxuan was elected as President of the 12th Executive Council of CAFIU. Both Chairman Lu Jianzhong and Wang Yajun were elected as Vice Presidents of the 12th Executive council of CAFIU, along with 25 new Standing Council Members and 73 new Council Members. Group photo Established in 1981, the Chinese Association for International Understanding (CAFIU) is composed by social activists, scholars and representatives from all walks of life. CAFIU is registered as a non-profit organization with the Ministry of Civil Affairs, and acquired special consultative status with UN ECOSOC in May, 2003. The Executive Council is CAFIU's highest organ of power, which is elected every five years. Since its founding, CAFIU has established ties and conducted exchanges with associations, political organizations and research institutes of dozens of countries, as well as well-known international organizations. CAFIU also participates in the activities with UN entities, and keeps regular contact with some international organizations.
First Deputy Chairman of Belorussian Mogilev City Executive Committee calls on SRCIC Secretariat
x1
First Deputy Chairman of Belorussian Mogilev City Executive Committee calls on SRCIC Secretariat
15 May 2019
On 11 May,Belarussian delegation led by Aliaksandr Patsiomkin, First Deputy Chairman of Mogilev City Executive Committeecalled on SRCIC Xi'an Secretariat. SRCIC Deputy Secretary General Diane Bian held talks with Aliaksandr Patsiomkin and his delegation. The two sides exchanged views on the promotion of Sino-Belarusiancooperation in trade, economy and culture, and agreed to further enhance contacts, to hold mutual visits andtoattend activities held by the other side. First Deputy Chairman Aliaksandr Patsiomkin bytaking thisopportunitysent cordial invitation toSRCIC forcelebratingthe founding of the Mogilev City in June. Accompanied by Ms. Diane, thedelegation visited Tang West Market Museum. Theylearnedabout the historical background of Tang West Marketas the starting point of the Silk Road, andaffirmed Tang West Market's contributions to the protection of silk road civilization site and Belt and Road cultural exchanges. SRCIC Deputy Secretary General Diane Bian (L) and Aliaksandr Patsiomkin, First Deputy Chairman of Mogilev City Executive Committee(R) at Tang West Market Museum Belarussian delegation led by Aliaksandr Patsiomkin also attended the 4th Silk Road International Expo.On the morning of May 12, Aliaksandr Patsiomkin, First Deputy Chairman of Mogilev City Executive Committee and Wang Yong, Deputy Mayor of Xi'an City, signed the Letter of Intent to Develop Friendship City Relationson behalf of both citiesat Xi'an Key Project Signing Ceremony. Signingceremony
SRCIC and the Philippines Silk Road International Chamber of Commerce signs MOU in Beijing
x1
SRCIC and the Philippines Silk Road International Chamber of Commerce signs MOU in Beijing
30 Apr 2019
On 26 April, on the sideline of the 2nd Belt and Road Forum for International Cooperation(BRF), SRCIC and the Philippines Silk Road International Chamber of Commerce (PSRICC) held an activity with the theme of Business Partnerships for Shared Prosperity.During the activity, SRCIC Chairman Lu Jianzhong and PSRICCChairman Francis Chua signed the Memorandum of Understanding onSilk Road International Development Fund (the Philippines). The two sides will jointly launch a $2 billion fund to support the projects and to invest in the competitive industries in the Philippines. Signing scene Philippine President Rodrigo Duterte attended and witnessed the signing of bilateral business agreements between China and the Philippines.
SRCIC Chairman Lu Jianzhong attends 2nd Belt and Road Forum for International Cooperation
x1
SRCIC Chairman Lu Jianzhong attends 2nd Belt and Road Forum for International Cooperation
28 Apr 2019
On April 25-27, the 2nd Belt and Road Forum for International Cooperation (BRF) was successfully held in Beijing. Nearly 5,000 international guests from more than 150 countries and more than 90 international organizations were attracted to the Forum. Chinese President Xi Jinping delivered a keynote speech Working Together to Deliver a Brighter Future for Belt and Road Cooperation at the opening ceremony. President Xi indicated the importance of the Belt and Road construction by saying that the Belt and Rod Initiative not only provided new opportunities for the world's economic development, but also scaled new heights for Chinese opening-up. “We need to be guided by the principle of extensive consultation, joint contribution and shared benefits. We need to pursue open, green and clean cooperation. We need to pursue high standard cooperation to improve people's lives and promote sustainable development. Going forward, China will take a series of major reform and opening-up measures and make stronger institutional and structural moves to boost higher quality opening-up.” President Xi emphasized in his speech. President Xi Jinping speaks at the opening ceremony of the Second Belt and Road Forum for International Cooperation in Beijing on April 26, 2019. [Photo/Xinhua] Over 1,600 Chinese and international guests were invited to attended the opening ceremony of the second Belt and Road forum for International Cooperation (BRF), including SRCIC Chairman Lu Jianzhong and SRCIC member, Founding Chairman of the Philippine Silk Road International Chamber of Commerce (PSRICC), Francis Chua. Chairman Lu also attended the Belt and Road CEO Conferenceduring the BRF. SRCIC Chairman Lu Jianzhong (L), China Minsheng Bank Chairman Hongqi, (M), Landbridge Group President Ye Cheng (R) The Belt and Road CEO Conference is a new highlight during the BRF, which aims to build a cooperative platform among chambers of commerce and industry, and to assist enterprises for shared resources.
SRCIC Chairman Lu Jianzhong meets Cambodian Chamber of Commerce delegation in Beijing
x1
SRCIC Chairman Lu Jianzhong meets Cambodian Chamber of Commerce delegation in Beijing
27 Apr 2019
SRCIC Chairman Lu Jianzhon(L4), Vice President, CCOIC Vice President Zhangwei(R3), and CCC President NeakOknhaKithMeng (R4) On April 27, 2019, SRCIC Chairman Lu Jianzhong met with the Cambodian Chamber of Commerce(CCC)delegation led by its PresidentNeakOknhaKithMengat SRCIC Beijing office.Zhang Wei, former Vice President of China Council for the Promotion of International Trade (CCPIT) and Vice President of China Chamberof International Commerce(CCOIC), and Li Zhonghang, Vice President and Secretary General of SRCIC alsoattended the meeting. The meetingscene During the meeting, SRCIC Chairman Lu Jianzhongindicatedthat business associationacting as abridge is the main force in boostingtheBelt and Road construction.He also praisedPresident NeakOknhaKithMeng's great prestige and influence in the Cambodian and even Asian business communities. "TheCCC and the Royal Group of Companies Limited underyour leadership havemade important contributions to promoting BRIcooperation between China and Cambodia.I believe our future cooperation will be closer and our common cause will reach a new height.”Chairman Lu added. President NeakOknhaKithMeng expressed the enduring friendship between China and Cambodia, which was jointly created and carefullymaintained by the older generation of Chinese leaders and H.E Norodom Sihanouk. "Both sides shall safeguard and carry forward this friendship and make good use of the Lancang-Mekong River and ASEAN cooperation mechanism to collaborate in the fields of economy, trade, tourism, culture, education, science and technology and agriculture.CCC is willing to strengthen cooperation with SRCIC to push Sino-Cambodian friendship to a new level." he said. Former Vice President of CCPIT and Vice President of CCOIC Zhang Wei presented the report on North-South Cooperation Corridor in the Indian Ocean under the B&R Construction for the participants. He explicated, “The BRI has developed from one main line to two towards east-west directions. Therefore, the construction of the north-south cooperative channel in the Indian Ocean with a grid-like layout will enrich the significance of B&R construction.” President NeakOknhaKithMeng(L4) presents a souvenir to SRCIC Chairman Lu Jianzhong (R2) Background Info Cambodian Chamber of Commercejoined in SRCIC in August 2018 and officially became a member of SRCIC. Li Zhonghang, SRCIC Vice Chairman and Secretary Gneral of SRCIC, called on President NeakOknhaKithMenin Phnom Penh, Cambodia in February 2016. Mr. Li Zhonghang also met with President NeakOknhaKithMenduring the 15th Asia-Europe Business Forum in Ulaanbaatar, Mongolia in July 2016. Cambodian Chamber of Commerce is established under the Law on Chamber of Commerce promulgated in 1995 and its relevant amendment and regulations of the Kingdom of Cambodia. By nature, Chamber of Commerce is a voluntary membership-based and is a not-for-profit institution representing private sector interests in commercial, industrial, service and craft and agricultural sectors and dedicates to the economic well-being of their territory and of the country as a whole. Large, medium and small legal businesses from virtually every profession across the nation could join the chamber of commerce. The Chamber of Commerce work to make their voice heard and contribute to the efficiency of the government, thus, making business environment friendlier to businesses.
BRI may provide cushion for China's growth over next four decades
5ce4a6eda3104842e4aed6f4
BRI may provide cushion for China's growth over next four decades
24 May 2019
China is poised to grow strongly in the next two to four decades due to the Belt and Road Initiative and this will provide significant business opportunities to other economies in the world which would benefit from the country's business wisdom, participants of a student-led business forum in London said. "Growth is going to continue to come from China for the next 20, 30, maybe 40 years ... The greatest growth opportunity in the world is the Belt and Road Initiative," Stephen Perry, chairman of the 48 Group Club, said in a keynote speech to the 8th London Business School China Business Forum. "What China is trying to do is to free the productive capacity and consumer demand from China, across Central Asia, central Europe, and down into Africa," he said, adding it is in the United Kingdom's interests to take part in the initiative. The UK should work with the BRI, especially with London facing an uncertain future because of its pending departure from the European Union, Perry added. The forum, whose theme is entitled "Vitalize Business Landscape: Connecting the Eurasia Continent," was held in London on Friday. Its aim is to provide opportunities for global business leaders, scholars, and political figures to discuss the latest issues facing global businesses. Chen Wen, charge d'affaires at China's embassy in London, gave an opening remarks at the start of the forum that was followed by Perry's keynote speech. During the panel discussions, participants discussed key developments of the Chinese and European economies, including the recent trade accomplishment of Italy joining the BRI, trade deals between China and France, and comparisons of innovative business practices in China and Europe. Xie Weishan, chairman and co-founder of Kmind Consulting, talked about China's wisdom and the role Chinese classics such as "The Art of War," written by Sun Tzu, plays in today's intense business environment. He cited examples of successful brands such as Firmus, an infant milk brand in China, and Bosideng, a down jacket brand with a history of over 40 years in China, to illustrate how these companies leverage the wisdom of The Art of War to rise against the odds. "To win the fierce business competition, the best approach is 'Winning without Fighting', and the essence of this approach is to win people's hearts and get power from them," he said. "If we can leverage the power generated from consumers' recognition through the company's moves in operation, strategy and communication, we can obtain our competitive edge when facing any competitors in any situation." Within four years, Kmind Consulting has helped nine Chinese companies achieve strong growth as it integrated China's wisdom with Western philosophies to develop service tools, Xie said. "Globalization brings more challenges for domestic companies than before," he said. "It is normal and inevitable. The point is how we prepare for that ... . and this is the Eastern wisdom both the East and the West should learn (from)." Sang Yee Lau, senior executive vice-president and chairman of group marketing and global brands at Tencent, participated in the panel discussion as a representative of China's internet technology sector. "From a micro and macro perspective, I think it has to do with the emancipation of productivity in (the) growth of China," he said. "When a country has grown in a double-digit manner for the past two decades, what it basically means again from an economic perspective, you have a great demand that is supported by the state." Founded in 2012, the London Business School's China Business Forum is one of the largest student-led China-focused business forums in Europe.
China will offer disaster prevention services for countries along Belt and Road
201905211105052
China will offer disaster prevention services for countries along Belt and Road
21 May 2019
China will offer customized data services for disaster prevention through its Fengyun meteorological satellites for more countries along the Belt and Road, said a senior official of the China Meteorological Administration's National Satellite Meteorological Center. The services will be provided based on the results of a survey of 81 countries. By the end of April, 22 countries, including Afghanistan, Pakistan, Iran, Russia, Libya and Sudan, had responded to the survey. All of the respondents said they wanted to install the application software platforms of the Fengyun satellites for weather forecasting, as well as climate and environment monitoring. They also requested a range of services, especially in monitoring rainfall, droughts, dust storms, heavy fog and lightning, in addition to training courses on Fengyun meteorological satellite data analysis, remote-sensing applications and data collection. Many countries along the Belt and Road have high mountains, deserts, oceans and a lack of accurate meteorological information. The number of meteorological disasters in the regions is more than double the global average, the administration said. Wei Caiying, deputy general-director of the National Satellite Meteorological Center, said that real-time disaster monitoring by meteorological satellites could provide these countries with a scientific basis for disaster prevention and reduction. "Weather-related disasters such as typhoons pose a threat to life and property. Tracking their path could help local authorities decide how to proceed with evacuations," she said. In addition to real-time monitoring, the China Meteorological Administration set up the Emergency Support Mechanism for international users of Fengyun satellites last April, which covers disaster prevention and mitigation. So far, 15 countries including Iran and Mongolia have registered as users of the mechanism. According to the administration, the mechanism can switch the on-duty satellite to a quick-scan mode focusing on areas required by users when they are hit by disasters. "During disasters, Fengyun satellites can scan as often as every five or six minutes. The China Meteorological Administration could send users cloud images and products via satellites and public clouds," Wei said. For example, in March, China provided a remote-sensing monitor report on flooding in Iran via Fengyun. The analysis estimated the coverage and terrain characteristics of the flooded area, which greatly assisted the country's evacuation efforts. China has launched 17 Fengyun series meteorological satellites, of which seven are currently operational. The World Meteorological Organization has included China's Fengyun series of meteorological satellites as a major element of its global Earth observation system. Source:Chinadaily
Astana Economic Forum 2019: a business highlight in Eurasia
x1
Astana Economic Forum 2019: a business highlight in Eurasia
17 May 2019
The event, held on 16 and 17 May this year, is an important rendezvous for top-level politicians, Nobel Prize winners and businessmen alike. Around 50,000 delegates from 150 countries have previously attended the international congress. The AEF is regarded as one of the most influential international platforms for discussing the recovery and development of the global economy and financial system. Using the slogan "Inspiring growth: people, cities, economies", the AEF describes itself as one of the business highlights of the year in Eurasia. It examines the rapid changes in the industry’s 4.0 era, and how the "new technological pattern dramatically changes the way we work, exercise our civil rights, and bring up our children." The AEF’s topics are changed annually and cover a wide range of challenges, principally covering themes on the economy, technology, the social sector and consumption. Source:Kazinform
China-Lithuania trade expected to grow under Belt and Road Initiative
006y5FpCzy78y1cPpd113&690_副本
China-Lithuania trade expected to grow under Belt and Road Initiative
15 May 2019
Trade between China and Lithuania has made great progress and is estimated to continue to grow in the future thanks to the Belt and Road Initiative, Lithuania's vice-minister of transport and communications said. In 2018, trade between China and Europe reached 2 billion euros ($2.25 billion) per day, and annual trade between China and Lithuania reached 1 billion, said Vice-Minister Ričardas Degutis. He said the BRI, proposed by China, has brought a lot of benefits to their country. "China is more and more present in our trade relations, as well as in our interests in transport and logistics," he said. "We are interested in deeper trade relation with China, as well as increasing Lithuania's transport and logistics sector role in the Euro-Asian supply chain." Two years ago, Lithuania and China signed a memorandum of understanding on the Silk Road Economic Belt and the 21st-Century Maritime Silk Road. "We put priority in our cooperation with China in transport and logistics, trade and investments, financial cooperation, culture, as well as people to people contact," Degutis said. He said the initiative has helped fuel global economic growth and drove multilateral free trade and investment. "China is more and more globally integrated and is taking a more and more global role in our trade relations. It is in our interest to see China being more economically involved in global development, and more open for import, export and foreign investment. This is the result of the BRI." "Now trade is growing and the supply of goods is growing, so transportation links along the BRI become more and more important. We should think about more efficient logistics, which is important to create competitiveness in the Euro-Asian supply chain. We should not put all efforts in one route, but look for the possibilities to enhance transportation and logistics capacity. This is beneficial for both sides." He added: "increasing train numbers between China and Europe have started to face big capacity challenges in neighboring countries. Lithuania could be the best solution to this situation. With our new capacity we are able to offer very attractive services for China-Europe trains. We have only 30-minute border-crossing formalities for container trains at the European Union and Commonwealth of Independent States border crossings, with simplified administrative procedures for cargo documentation. "Also it is very important that Lithuania can offer very competitive 'last-mile' road transportation services. There are almost 50,000 Lithuanian cargo vehicles in the European Union," Degutis said. According to the vice-minister, the country is now creating a logistics link between the Great Stone China-Belarus Industrial Park and Klaipėda Sea Port, as well establishing cooperation with Lithuania Free Economic Zones, bringing benefits to both countries. "The BRI brought opportunities to present Lithuania's economic potential to Chinese partners and make investment possible, enabling people-to-people contact," he added. Source: Chinadaily
AIIB reaches new milestone by pricing debut global bond to unlock financing for infrastructure
1
AIIB reaches new milestone by pricing debut global bond to unlock financing for infrastructure
11 May 2019
London, UK- The Asian Infrastructure Investment Bank (AIIB) today priced its first global bond. The five-year bond raised USD 2,500,000,000 and will drive AIIB’s priorities of investing in sustainable infrastructure, developing cross-border connectivity, and promoting Environmental, Social and Governance (ESG) investing in Emerging Asia. The pricing of this bond is the latest milestone for AIIB, now only in its fourth year of operations. The successful pricing of the global bond highlights investor support for AIIB’s lean, clean and green operating principles as well as recognition of the Bank’s efforts to help its clients meet their commitments under the Paris Agreement and the Sustainable Development Goals. Thierry de Longuemar, AIIB's Chief Financial Officerhailed the pricing of the bond as “a landmark transaction for the market,” commenting: “This bond is reflective of investor demand globally for high quality sustainable investments. AIIB’s outlook has always been global with founding members from Asia, Africa, South America and Europe. We were delighted to see demand from such a diversified group of investors in the book and look forward to showing our global investor base the positive contribution that this capital will have in Asia and beyond.” The inaugural bond benefits from triple-A ratings from Standard & Poor’s, Moody’s and Fitch, which reflect the Bank’s commitment to the highest standards of governance, enhanced transparency and accountability. AIIB has a Bank of International Settlements 0% risk weighting and its addition to the European Banking Authority’s CRR list of multilateral development banks was recently approved by the European Parliament. AIIB is committed to best practices and modern risk management; and it has implemented an economic capital and stress test policy framework to manage its capital. This is further supported by a robust policy framework providing for the institutionalization of measured risk-taking decisions by each business line. “The growing institutional demand for fiscally sustainable, revenue-positive projects and support for AIIB’s unique operating model is evidenced by the almost USD 8 billion of financings already approved by the Bank,” saidAIIBPresident Jin Liqun. “By participating in capital markets, we can harness further financial support from a global investor base, which will enable us to catalyze infrastructure investment and accelerate adoption of ESG Investing Principles in Emerging Asia.” AIIB funds will focus on, among other things, high-impact investments that promote sustainable development and climate resilient infrastructure. Examples of projects AIIB finances include metro lines in India, clean water projects in Egypt and Indonesia and bringing electricity to rural residents in Bangladesh. Source:AIIB Official Website
CIIE exhibitors registration drawing to a close
5cd4eb81a3104842e4acd64c_副本
CIIE exhibitors registration drawing to a close
10 May 2019
The registration of commercial exhibitors for the second China International Import Expo, which is scheduled for Nov 5-10 in Shanghai, is drawing to a close, according to the CIIE Bureau. So far, the total exhibition area reserved has already exceeded that of the first CIIE, said Sun Chenghai, deputy director of the CIIE Bureau, at a meeting held on Thursday. The planned exhibition area of the second expo will be 330,000 square meters, at least 30,000 sq m larger than the first. The second edition will also offer higher quality exhibits and better services. Some of the new offerings for the second CIIE will include high-end consumer goods, augmented and virtual reality technologies as well as elder care and rehabilitation products. An outdoor exhibition area will also be added to the event. So far, a total of 68 companies have joined the CIIE Enterprise Appliance, which was launched on Nov 6 and positioned as a platform to promote the sharing of information and resources as well as facilitate cooperation and exchange among CIIE exhibitors. Members of the alliance consist of Global Fortune 500-listed companies and industry-leading enterprises. "We brought the latest products and technologies during the first CIIE, which attracted a large number of visitors and received a lot of positive feedback from our clients and partners," said Max Chen, vice-president of Government Affairs and Policy at General Electric China. Source: Chinadaily
CSEBA at Zagreb Infrastructure Summit
logo
CSEBA at Zagreb Infrastructure Summit
17 May 2019
Under the auspices of CSEBA, the business association of China and JI Europe will talk about the development of the sea ports of the region and the development of the railway infrastructure, among which will be Alexander Sauha of CSEBA and Erich Cossutta of COSCO Shipping, Nina Perko from the Ministry of the Sea, Transport and Infrastructure and Sanja Vučić from Croatian Railways. Moderator will be Vladimir Nišević, editor in chief of Poslovni dnevnik, the only business daily newspaper in Croatia. The Zagreb Infrastructure Summit will gather key people from ministries, state-owned companies, the transport, construction and financial sectors in one place to discuss the challenges of the profession and capital infrastructure projects. The conference will be attended by the founder of Z-Run Wellton Industry Jiang Yu, President of the Croatian Road Administration, Josip Škorić, IGH President Oliver Kumric, State Secretary for Infrastructure of the Ministry of the Sea, Transport and Infrastructure Tomislav Mihotić, Adviser to the Embassy of the Republic of China NR Kine Liu Kai , and the head of the COSCO Shipping regional office, Erich Cossutta. Source:CSEBA
MNCCI and ACBC attending 2019 Roundtable Conference of Silk Road International Chambers of Commerce (Xi'an)
x1
MNCCI and ACBC attending 2019 Roundtable Conference of Silk Road International Chambers of Commerce (Xi'an)
12 May 2019
Group photo On 12 May, 2019 RoundtableConference of Silk Road International Chambers of Commerce (Xi'an), one of important activities of the 4th Silk Road International Expo, was held in Xi'an, Shaanxi Province. SRCIC members including Saruul Bulgan, Secretary General of Mongolian National Chamber of Commerce and Industry (MNCCI) and Daryl Guppy, President of Northern Territory of Australia China Business Council (ACBC) were invited to attend theRoundtableConference. 54 trade and investment promotion agencies from 30 countries and regions along the Belt and Road, as well as 200 representatives from commercial sectors attended the conference. Daryl Guppy, President of Northern Territory of ACBC, speaking at the Roundtable Conference The Roundtable Conference was co-organized by China Council for the promotion of international trade (CCPIT), Shaanxi Provincial Government, China Chamber of International Commerce (CCOIC) and CCPIT Shaanxi Sub-Council. Hu Mingming, Vice Governor of Shaanxi Provinceand Zhang Shenfeng, Vice President of CCPIT attended the conference and delivered speechesrespectively.
May Star-the Philippine Silk Road International Chamber of Commerce
x1
May Star-the Philippine Silk Road International Chamber of Commerce
8 May 2019
Under the background of building the Silk Road Economic Belt and the 21st Century Maritime Silk Road, namely, the Belt and Rod Initiative, the Philippine Silk Road International Chamber of Commerce (PSRICC) was founded in Manila on October 13, 2016 by the witness of Philippine President RodrigoDuterte. It is the first overseas Silk Road chamber of Silk Road Chamber of International Commerce (SRCIC). Under the leadership of its Founding Chairman, Amb.Francis Chua who is concurrently the Vice Chairman and Executive Board Member of SRCIC, the PSRICC was formed to coordinate with and carry out various activities between SRCIC and the Philippines, and to help facilitate investment and various projects within the region. PSRICC also acts as a bridge between investors and between China and the Philippines. In view of Chairman Chua’s great contribution to the Sino-Philippine economic and trade cooperation and cultural exchanges, SRCIC presented the Award of the Year 2016 and 2017 SRCIC Outstanding Leadership Award to him. PSRICC with the concept of openness, inclusiveness and development and the vision of globalizationwill aim to create a new model and a new platform of international and external exchanges and economic and trade cooperation, adhering to the principle of consultation, jointly build and sharing. Mission of PSRICC PSRICC was established in respond to the Belt and Road strategic vision for promoting cross-border integration, mutual benefit and win-wincollaboration. It aims to provide a platform for members to pool resources, information, capital and other resources, andto promote the Philippine Maritime Silk Road toward substantive economic development. Recent activities On April 25-27,2019,the 2nd Belt and Road Forum for International Cooperation (BRF) was successfully held in Beijing. Nearly 5,000 international guests from more than 150 countries and more than 90 international organizations were attracted to the Forum. Chinese President Xi Jinping delivered a keynote speech at the opening ceremonyand chaired theleaders’ roundtable. SRCIC Chairman Lu Jianzhongand SRCIC Vice Chairman andPSRICC Founding ChairmanFrancis Chuawereinvited to attend the opening ceremonyof BRFand the Belt and Road CEO Conference. PSRICC is the only Philippine delegationinvited by BRF. SRCIC Chairman Lu Jianzhong and PRSCIC Chairman Francis Chua attending the CEO Conference of BRF On 26 April, PSRICCco-organizedthe Sino-Philippine business signing ceremony with Department of Trade and Industry Philippines. SRCIC Chairman Lu and PSRICC Chairman Chua signed the Memorandum of Understanding on Silk Road International Development Fund (the Philippines). Philippine President Rodrigo Duterte witnessed the 19 agreements’signingwith a total investment of US $12.1 billion between China and the Philippines. Philippine President delivering at the Exchange of Business Agreements Group photo Background Info On 8 September 2018, during the 2017 Silk Road Business Summit (Xi’an), SRCIC and PSRCIC signed MOU on the Joint Invitation of the Philippine Media Groups to Visit China on a Regular Basis. On 12 October 2018, at the invitation of SRCIC and PSRCIC, a delegation of journalists from Philippine news agencies arrived in Xi’an for a visit.Afterwards,the delegation went to Zhangjiajie city for in-depth report on the 2018 Silk Road Business Summit (Zhangjiajie). Hu Ji (second from left) introducing the Belt and Roadto the Philippine media delegation in Xi’an Reference Link The Philippine press delegation visited xi 'an, the starting point of the ancient silk road. http://srcic.org/xinwen/feilvbin-jizhetuan-fangwen-sichouzhilu-qidian-xian/
Arab-Chinese Cooperation and Development Association holds seminar: BRI and Development in Southern Lebanon
x1
Arab-Chinese Cooperation and Development Association holds seminar: BRI and Development in Southern Lebanon
4 May 2019
On 4 May, the Arab-Chinese Cooperation and Development Association (ACCDA) held a seminarin Nabatiyeh City in the Kamel Jaber Cultural and Social Center under the title "Silk Road and Development in South Lebanon" in the presence of the Chairman of the Foreign Affairs and Emigrants Committee in the Lebanese Parliament MP Yassine Jaber. Chinese ambassador to LebanonWang Kejian, ACCDA President Kassem Tofailli, economic and commercial counselor of the Chinese embassy in Lebanon Li Jing, as well as local municipal committee members, business people. Mr. Ahmed Bazoun, Director of Cultural Affairs of the Arab Chinese Association, delivered a welcoming speech and conducted the meeting, focusing on the importance of the Chinese initiative and the role of the Association in activating relations between China and Lebanon. Wang Kejian (L1),Chinese ambassador to Lebanon,Yassine Jaber (M), chairman of the Foreign Affairs and Emigrants Committee in the Lebanese Parliament,Kassem Tofailli (R1),President of the Arab-Chinese Cooperation and Development Association The first speech was delivered by His Excellency Deputy Yassin Jaber, who welcomed the visit of the Chinese Ambassador to Lebanon to Nabatiyeh province, stressing the importance of the leading role played by China on the economic level in the world. He praised the positive role of the "Belt and Road Initiative" and the important achievements it achieves. Expressed his appreciation for China's efforts in promoting the development of bilateral relations with Lebanon, pointing to China's $ 44 million donation to build the Higher Institute of Music, hoping for more positive progress on development projects between the two countries. He also noted the role of the Arab-China Association for Cooperation and Development in activating communication with China for the benefit of Lebanon and the interest of its people. Chinese Ambassador Wang Kejian thanked Minister Jaber for his patronage of the meeting and the Assembly for inviting him to participate and visit South Lebanon, especially Nabatiyeh Province, and expressed his absolute willingness to help develop the train of development on its right track. He stressed that China and its embassy in Lebanon and the Commercial and Economic Consular Section welcome In all channels of communication with those concerned to begin to develop plans for the development of the South, and benefit from Chinese expertise in all fields. Ambassador outlined the goals of the "Belt and Road Initiative", briefed the audience on the latest developments in the initiative and mentioned the achievements of cooperation in "one belt and one way" between China and Lebanon. He wished more fruitful relations and opened wider horizons in Lebanese-Chinese relations. He also pointed out that Lebanon imports more than 2 billion US dollars and China is ready to adjust the trade balance by opening the Chinese markets and encouraging investments in Lebanon. In the speech made by Kassem Tofailli, President of ACCDA who explained the objectives of the Association in reviving the Arab-Chinese relations. He also noted the distinctive gesture of Minister Jaber in the importance of relations with China and the special role he should play. Lebanon is the official and the national in the rapprochement with China economically, culturally and culturally. The association also cooperated with several Chinese institutions and official bodies to achieve joint gains with Lebanon. He hoped that the association's efforts to achieve twinning with Chinese villages and cities would succeed. He also called on civil organizations and clubs to engage in similar Silk Road organizations, especially the Silk Road International Chamber of Commerce(SRCIC). Seminar scene further dialogue and discussion with the Chinese ambassador, in which a number of attendees participated, focusing on how to benefit from Chinese experiences and investments for the development of the South. At the end of the seminar,honorary trophies were distributed to Chinese Ambassador Wang Kejian and Minister Yassine Jaber. The meeting was preceded by a luncheon hosted by MP Jaber in honor of the Chinese Ambassador. Kassem Tofailli, President of ACCDA presents honorary trophies to Chinese Ambassador Wang Kejian and Minister Yassine Jaber The Chinese ambassador and the accompanying delegation started his southern day with a visit to the town of Deir Zahrani, where he was received by the President of the Arab Cooperation and Development Association and the members of the association at his home in the presence of a representatives of the municipality of Deir al-Zahrani. Resource:the Arab-Chinese Cooperation and Development Association (ACCDA)
SMEs Cross-Border Matchmaking Event organized by SRCIC member CSEBA
001
SMEs Cross-Border Matchmaking Event organized by SRCIC member CSEBA
18 Apr 2019
On April 12 , 2019, the 8thSummit of Central and Eastern European Countries (CEEC) and China was held in Dubrovnik City, Croatia. It gathered political leaders of 17 countries, during which PM Li Keqiang proposed a series of measures to further promote cooperation between China and CEE countries. During the 8th CEEC & China Summit in Dubrovnik, at the same venue, the 9th Business Forum of CEEC & China was held on April 11-12. Over 1,000 participants from 30 countries participated in the SMEs Cross-Border Matchmaking Event with active participation, preparation and organization from Chinese Southeast European Business Association (CSEBA). Numerous numbers of CSEBA members and partners have actively participated in B2B meetings with Chinese enterprises which included representatives from Bank of China, CRBC, CCCC, Norinco, Sinosure, Huawei, Geely, China Railway, Exim Bank, COSCO, China Energy, China Development Bank, ZTE and over 100 other enterprises from all over China. CSEBA, as a member of the Silk Road Chamber of Commerce (SRCIC) since the 2017, used the opportunity to promote cooperation with SRCIC amongst enterprises in CEE countries. Dubrovnik event, and the visit of PM Li Keqiang provided a perfect chance to further promote economic cooperation with PR China, and one of the most valuable platforms for development of this cooperation is SRCIC. CSEBA helped significantly in the media promotion of this event, that attracted over 100 journalists from Croatia, China and other countries. Several agreements have been signed at the 9th Business Forum of CEEC & China between Croatia and China. The Kantrida Stadium and Top International Engineering Corporation (TIEC) signed a cooperation on the project for the construction of the new football stadium in Rijeka. Cooperation has been signed on development of railway infrastructure in Croatia between Croatian Railway Infrastructure Co., China Railway Eryuan Engineering and CRBC. The Ministry of Health signed a letter of intent with the Chinese pharmaceutical firm Sinopharm. Faculty of Civil Engineering in Zagreb and the CRBC signed cooperation on student mobility and knowledge exchange. Two private companies signed a cooperation on renewable energy projects. Metamorphosis and Shanghai Everglow Management Partners will open a Museum of Illusions in China. Many CEEC Region companies found new contacts amongst more than 100 Chinese enterprises during B2B Matchmaking Meetings. On the margin of the “16+1” Summit, CSEBA organized visiting tours for CSEBA's partners from China to the main investment locations in Croatia. Kumrovec, the birthplace of Tito, and Krapinske Toplice, Croatia's best medical tourism destination, are the most promising area for investments into congress and medical tourism. Investment projects include the building of the new congress center, several hotels, wellness and spa centre, and other supporting facilities. CSEBA, as a partner of SRCIC, continues to promote bilateral and economic cooperation with China, and would like to congratulate SRCIC for the results of the Silk Road initiative during the last year. Source: fromCSEBA
View on Chinese Premier Li Keqiang's visit to Croatia: President of CSEBA
微信图片_20190418164541_副本
View on Chinese Premier Li Keqiang's visit to Croatia: President of CSEBA
18 Apr 2019
On April 10, 2019, Mario Rendulic, President of Chinese Southeast European Business Association (CSEBA), also member of Silk Road Chamber of International Commerce, received an interview by N1 Television. Mr. Mario expressed his views on Premier Li Keqiang's visit to Croatia and the promotion of cooperation between China and Croatia in the fields of transportation, ports and tourism. The full text is as follows: Journalist: We welcome Mario Rendulic, President of Chinese Southeast European Business Association. Welcome. Mario: Good day, thank you for having me here. Journalist: You have a lot of experience with China. First I would like you to comment on what happened today. 6 contracts have been signed between Croatia and China. Both sides have said that this means new momentum in economic cooperation. Mario: When Chinese side offers contracts or memorandums to sign, especially if it is related to the government, then this is definitely an important matter. It puts a new light on cooperation between China and Croatia. Journalist: Infrastructure projects have been especially emphasised, for example the Peljesac Bridge where Chinese company is the main contractor. However, now we have heard that Chinese side is also interested in these kind of projects as an investing side, like in a railway construction project Rijeka-Zagreb that could be offered for concession for a period of 50 years. Mario: First of all, this is a big breakthrough for Croatian government, which showed that there could be several different models for investments in Croatia. For example Rijeka- Zagreb railway line, to Budapest, would definitely be of interest for China, since it would be considered as further development of the New Silk Road, the initiative that we have heard a lot about these days. Concession would be a good model since European Funds are not so large or yielding, while Chinese could take the role of investors in this case. This would be a new financing model in Croatia that we should welcome. Journalist: How do you comment the situation about Uljanik Shipyard, whether or not there is currently an interest there from big Chinese shipyards? We know that Chinese shipyards have survived difficult times in the market, unlike European ones, and were able to adapt to new market conditions. Mario: China is a large country, large market. They were able to adapt quickly to any change in the market, and they have recognized these changes in time. Shipbuilding is now much different industry than it was years back, especially for Croatian shipyards that are still using technologies and business models the same way as they did 27 or 30 years ago. When talking about big Chinese shipyards, they have been familiar with the situation in Croatia since 5 years ago. Our association, CSEBA has been going to China and presenting Croatian shipyards. Big Chinese shipyards have shown interest in cooperation and I am sure that in this case Croatian Minister of Transport is going to share the news when any kind of agreement with the Chinese side will be reached. Journalist: When talking about seaports, you have been directly involved in the investment process in the Zadar Port. We also have another major port, the Port of Rijeka. Mario: When talking about Rijeka Port, it already has some cooperation with China, more specifically container terminal and Chinese COSCO, the world’s biggest shipping company, and also the owner of several European ports. They are already strongly present in the European market, and Rijeka could be interesting for them. In the Zadar Port, Croatian government is currently building the new container terminal but with limited capacity. In the Zadar Port, major shareholders are Chinese, and with international consultants they are currently planning further investments, to most effectively use the potentials of the Zadar Port. We believe Zadar Port will specialize in the bulk cargo and grains since it already has access to these facilities and direct access to the highway. Zadar Port definitely has a bright future, and we believe Chinese owners will increase these capacities very soon. Journalist: There were certain problems during the takeover of the Zadar Port. Has this shaken the confidence of Chinese investors? Mario: The takeover process definitely wasn’t easy, there were some obstructions and legal procedures. Moreover, there were also changes in the Chinese monetary policy that made limitations to Chinese investors and made it more difficult for them to make international investments. This is something that people in Croatia don’t know. It isn’t easy for Chinese investors to make payments abroad, it is necessary that each investment has a Chinese government support. In the end, we were successful, and in time. Chinese investors were not discouraged, and we can see that many new potential investors have come here to Croatia in the company of Chinese Prime Minister. All that PM Li Keqiang has said show that Chinese offer deep and strong cooperation, and that we will be able to see concrete results by the end of this year. Journalist: China has already entered and is present in Serbia for quite some time now. They are not members of the European Union, unlike us. Do you expect some problems in that regard, is the EU going to see negatively Croatia’s cooperation with China? Mario: We can look at this situation from another angle. Public should know that the most of Chinese investments into Europe have gone to Germany and France. Investments to Serbia and Montenegro are only a small percentage of Chinese investments in Europe. European Union currently controls and limits the development of its smaller members, especially to the east of Europe, mostly for its internal interests. Journalist: Yes, quite hypocritical on their part. Chancellor Merkel even said that China is only TRYING to revitalise the ancient Silk Road. Mario: However, you should know that the final destination, or railway line, of that Silk Road is actually in Germany. When looking at the main corridor from China to Europe, it starts in Chongqing, China, goes through Kazakhstan and Russia, and finally ends in Germany. So, Germany definitely has the strongest interest in rebuilding of this Silk Road, also considering that Germany is the biggest trade partner of China within Europe. France also took many loans from China recently. We should consider this, and think for ourselves, consider what is good for us. I am sure, Croatian government that made big improvements in bilateral relations with China, especially during the PM Plenkovic term, will use the opportunity when Croatia will take over the Presidency of the Council of the European Union, and create space for itself to cooperate strongly with China and attract more Chinese investments. Journalist: This would definitely be good for protection of our national interests, not only thinking about European interests. Mario: You could see Italy recently, media was covering it closely. Italy criticised this European practice and decided to make a step in another direction by joining the Silk Road initiative, which will be an impressive thing. Journalist: You personally have been very active in rebuilding this new Silk Road, helping in establishing cooperation with China, especially in tourism. Tourism is showing to be very interesting to Chinese, there is over 250,000 of arrivals last year from China, and expecting to have over 300,000 this year. Mario: Over 5 years ago, CSEBA has started with the tourism promotion in China. We participated in many important tourism conferences and expos. We have made over 4,000 hours of video materials about Croatia that we have showed in China, since there was no suitable promotion materials that would be adequate for Chinese market. We are constant participants and partners at many of these events, somewhere independently, and somewhere in cooperation with the Ministry of Tourism and Croatian Embassy in Beijing. We have established successful cooperation and this brought great results since, when we have started, only 60,000 Chinese tourists were visiting Croatia, and now there is 250,000. At this time, with our Chinese partners, we are working on development projects in the medical tourism sector. This would bring not only traditional tourists that come during summer months, but also come throughout the year. Chinese tourists are this kind of travellers that enjoy travelling before and after the summer months, and we think this is a very good opportunity since many hotels in Croatia are empty outside the high season. Journalist: I suppose you are not talking about the seaside destinations here, since you have made some steps in bringing investments to the continental part of Croatia. Mario: Central Croatia, Krapina-Zagorje Region, more specifically Krapinske Spa and Kumrovec Town are interesting locations for Chinese investments. Media have already shown our activities there, where investors plan to purchase the old Political School building in Kumrovec. We are talking about developing additional hotel capacities, while in Krapinske Spa we want to further develop medical and health tourism facilities and hotel capacities specialised in these kind of services. Krapinske Spa Town has 4 specialised hospitals which is very rare for a town of such small size, extremely convenient, and also the Spa thermal waters. Investors have recognised this, and investment projects are being finalized. Journalist: How are Chinese handling with Croatian bureaucracy? Mario: This is an ongoing process… Journalist: Probably in China is much easier and more simple? We imagine Chinese people as hardworking people that solve things much faster. Mario: This is true on one side. Also, legal procedures are a bit different in China. Procedures for getting building permits are simpler in China, while in Croatia procedures take longer. However, I see Croatian government taking steps into the right direction. I would not say that bureaucracy is slow in Croatia, since most of the paperwork that we need to do here, we actually get quite fast. Must faster than it was 15 years ago here. Journalist: I also need to ask you about two more sectors, IT industry and agriculture, two very different sectors. Yesterday we saw signing of memorandum of cooperation in the IT industry. Agriculture on the other hand, it seems that it will be difficult to achieve significant exports to China in that sector. Mario: 4 years ago, CSEBA signed cooperation agreement with China Agriculture University, and presented them our sorts of wheat grains that could grow in China. This year, China sent a few delegations that checked food producers and companies in Croatia. Chinese authority for food import is currently working of permits and certificates for some of our products, and we can say that the interest is huge. East Croatia, Slavonia, has capabilities to produce huge amounts of healthy food, and our delegations from China can not believe that Croatia is not using this potential. Healthy food products are very popular in China currently, prices are high. Consumers are willing to spent a lot even with high transport costs. When we go to China, we always bring authentic Croatian products, and Chinese love it a lot. About IT sector, many people are looking at Huawei, but there are dozens of other Chinese brands that are capable to become successful worldwide. Internet technology and fast networks are developing fast in China. Many Chinese companies are willing to start production in Europe using Chinese technology, which would be a significant step forward. This Summit 16+1 has brought much attention to us now from China, and we should be glad for all the cooperation that is starting now, and that there will also be much opportunities for cooperation even after the Summit. Journalist: Summit starts tomorrow, there will be plenty of opportunities, B2B meetings. Thank you for this interview, and we will have time to analyse after all finishes.
Chairman's Message

Greetings from the Silk Road Chamber of International Commerce! On behalf of SRCIC, I would like to welcome you to our website!

Member DirectoryMore
cacciunion_of_arab_chambers俄罗斯联邦国旗阿富汗伊斯兰共和国国旗阿塞拜疆共和国国旗埃及爱沙尼亚共和国国旗澳大利亚巴布亚新几内亚独立国国旗巴基斯坦伊斯兰共和国国旗巴勒斯坦国国旗白俄罗斯共和国国旗波黑国旗波兰玻利维亚共和国国旗俄罗斯联邦国旗菲律宾哥伦比亚国旗格鲁吉亚共和国国旗韩国吉布提共和国国旗吉尔吉斯共和国国旗科索沃共和国国旗黎巴嫩共和国国旗立陶宛共和国国旗马其顿共和国国旗蒙古国国旗孟加拉人民共和国国旗摩尔多瓦共和国国旗墨西哥尼泊尔联邦民主共和国国旗塞尔维亚国旗塞浦路斯共和国国旗斯里兰卡民主社会主义共和国国旗斯洛伐克共和国国旗塔吉克斯坦共和国国旗图瓦卢国旗土耳其共和国国旗乌克兰国旗希腊共和国国旗亚美尼亚共和国国旗伊朗伊斯兰共和国国旗以色列国旗意大利