On July 9-10, CECEP Chief Accountant Xie Guoguang was invited to Hong Kong to attend the 2019 ‘Connecting Belt & Road, Capturing Opportunities Together’ High-level Roundtable, co-organized by Hong Kong Monetary Authority (HKMA) and the State-owned Assets Supervision and Administration Commission of the State Council (SASAC).
The roundtable provides a dialogue platform between central state-owned enterprises (SOEs) and financial and business leaders in Hong Kong. At the event, high-level representatives from some central SOEs joined their counterparts from HKMA, Hong Kong Exchanges and Clearing Limited (HKEX), and Hong Kong-based professional firms in fields such as law and consulting to discuss Hong Kong’s strategic role in China’s reform and opening up, its unique advantages to help central SOEs make investment and expand business in countries along the Belt and Road, and other topics.
Xie delivered a speech which focused on CECEP’s “4+1” business structure, the company’s operations in countries and regions along the Belt and Road, and how to leverage Hong Kong’s financial and legal advantages to expand its business. He also exchanged views with Hong Kong participants on central SOEs’ utilization of Hong Kong’s capital market, closer cooperation with foreign investors via the help of Hong Kong, and improvement of the corporate value and image of central SOEs. Xie noted that as a gateway linking Chinese mainland with the world, Hong Kong enjoys exceptional advantages, and that central SOEs can take advantage of Hong Kong’s diverse experience in managing overseas investment, financing, capital asset and law as well as risk control to carry out across-the-board cooperation. Over the years, CECEP has been dedicated to energy conservation and environmental protection while enthusiastically implementing the concept of innovation-driven green development, and in the future it will accelerate leveraging Hong Kong’s advantages to expand business along the Belt and Road, Xie concluded.
