SCO Development Visits China-Africa TEDA to Explore Cooperation and Development of Overseas Industrial Parks

Release time:

2021-10-24 00:00

On October 19, Xu Xiangdong, director of the industrial investment department of Qingdao Shanghai Cooperation Development Group Co., Ltd. (hereinafter referred to as "Shanghai Cooperation Development"), Qu Ning and Xu Tongran, senior investment managers, visited China Africa TEDA Investment Co., Ltd. (hereinafter referred to as "China Africa TEDA"), Fu Guiyong, deputy manager of TEDA holding regional development department, Sun Jing, asset management department, china-Africa TEDA Chairman Liu Aimin, Deputy General Manager Wei Jianqing and his entourage warmly received and held a symposium on the cooperation and development of overseas industrial parks. Zhang Yadan, Chief Financial Officer of China-Africa TEDA, Zhang Rui, President of Overseas Research Institute, Xu Lei, Assistant General Manager, Liu Xueling, Manager of Finance Department, Ji Ping, Legal Director, attended the meeting.

At the meeting, Liu Aimin, chairman of China Africa TEDA, introduced the business of China Africa TEDA and the development history and future planning of TEDA cooperation zone to the visiting guests. He said that the TEDA Cooperation Zone is located at the strategic intersection of China and Egypt. At the same time, the Insuhana region where the project is located is also an economic center for Egypt's key development, with a superior investment environment. With the continuous advancement of the national "Belt and Road" construction, the TEDA cooperation zone may become the development center of Africa and the entire "Belt and Road.

Xu Xiangdong fully affirmed the development strength of the TEDA Cooperation Zone and the contribution of China-Africa TEDA in providing exchanges and cooperation for the development and construction of many Chinese overseas parks. He expressed the hope that the two sides will give full play to their respective advantages, tap the potential of cooperation, and work together to create a new platform for all-round and high-level opening up.

At this symposium, the two sides discussed in depth the implementation of the national "double cycle" strategy with domestic and foreign parks as the starting point, and agreed to realize the interaction between domestic and foreign parks in the fields of logistics, trade, and two-way investment in production capacity, and to develop markets along the "Belt and Road". All-round cooperation, and exchanged views on operating procedures and related matters.

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