On the morning of 8 September 2020, the 2020 Xiamen International Fair for Investment and Trade Fair and Silk Road Investment Conference ("Xiamen Fair"), with the theme of "boost investment confidence and promote win-win collaboration", was officially launched at Xiamen International Convention and Exhibition Center. Wang Xiangming, Chairman of China Resources Group (“CR”), attended and addressed the launch ceremony of the "Cloud Investment and Trade Fair" and The Keynote Conference of Investment International Forum 2020.
As the highlight of this Xiamen Fair, the 2020 Investment International Forum focused on the world's investment stimulus trends under the new normal, and discussed the post-pandemic global economic trend and measures. Hu Changsheng, Member of the Standing Committee of the Fujian Provincial Party Committee and Secretary of the Xiamen Municipal Party Committee, Zhao Long, Member of the Standing Committee of the Fujian Provincial Party Committee and Deputy Governor, Zheng Xincong, Member of the Standing Committee of the Fujian Provincial Party Committee and Secretary-General, Guo Ningning, Deputy Governor, and leaders of various provincial governments and guests from overseas and international organizations attended the event. Group Chairman Wang Xiangming and Honorary Dean of Peking University’s National Development Research Institute Lin Yifu attended the keynote conference of the International Investment Forum and delivered speeches. Guests such as Li Yong, Director-General of the United Nations Industrial Development Organization, and Ramon Lopez, Minister of Trade and Industry of the Philippines delivered their speeches via video.
Chairman Wang Xiangming gave a keynote speech on "Adjustment of Corporate Development Strategy in the New Format of Global Economy and Trade". He stated that the international and domestic dual cycle has unveiled a new pattern of global economic and trade cooperation in which China Resources Group will endeavour to play the role as a pioneer and leader in adapting to stimulating and releasing domestic market demand, in an effort to connect both markets and further create new advantages in international cooperation and competition. Chairman Wang Xiangming gave an update on the latest investments of CR in Fujian. The Group’s key businesses have formed a high-quality industrial cluster in Fujian. Against the new global economic and trade backdrop, CR will continue to strengthen the strategic cooperation with Fujian Province holistically and further increase its investment in Fujian, further expand and optimize the Fujian market, further enhance the capability of CR companies in providing high-quality products and services in Fujian, and ultimately help build a new Fujian in the new era.