On 6 February 2015, China Minsheng Investment Corp., Ltd. (hereinafter referred to as "CMIG") hosted a dinner with ASEAN Ambassadors on the "One Belt One Road" Strategy in Beijing. This represents another specific step taken by CMIG, as it actively responds to the national strategies of "One Belt One Road" and "Going Global" and accelerates the implementation of its overseas investment strategy.
CMIG has, since its inception, taken "the full utilization of domestic and overseas resources and markets, and following the national globalization strategy" as its strategic vision. As such, CMIG has set up China Minsheng International in Hong Kong and is also actively making arrangements in Singapore, London and other regions to establish its regional headquarters. Recently, CMIG officially launched the Global Advisory Council, inviting leading international scholars, entrepreneurs and former politicians to share their insights regarding CMIG's international development. CMIG stands ready to follow the national development strategies of "Going Global" and "One Belt One Road" while at the same time, spearhead the "globalization" drive of private capital.
Among others, distinguished guests invited included Mr. Stanley Loh Ka Leung, Ambassador, Embassy of the Republic of Singapore, Ms. Magdaleno Teo, Ambassador, Embassy of Brunei Darussalam, Ms. Khek Caimealy Sysoda, Ambassador Extraordinary and Plenipotentiary, Embassy of the Kingdom of Cambodia, Mr. Somdy Bounkhoum, Ambassador, Embassy of the Lao People’s Democratic Republic, Dato’ Zainuddin Yahya, Ambassador, Embassy of Malaysia, Mr. Thit Linn Ohn, Ambassador of the Republic of the Union of Myanmar, Ms. Erlinda F. Basilio, Ambassador, Embassy of the Republic of the Philippines, Mr. Pipien Lenggono Eka Priatna, Chargé d'Affaires, Embassy of the Republic of Indonesia, Ms. Kundhinee Aksornwong, Minister Counsellor (Political), Royal Thai Embassy, Mr. Hoay Anh, Minister Counsellor of the Embassy of the Socialist Republic of Vietnam, Sun Menghuan, Vice Chairman of CMIG and Gao Yangyu, Vice Chairman of the Board of Supervisors of CMIG.
The dinner was chaired by Dr. Kevin E. Lee, CMIG Vice Chairman. Mr. Stanley Loh Ka Leung, Ambassador, Embassy of the Republic of Singapore, and CMIG President Li Huaizhen delivered speeches respectively at the dinner.
Mr. Stanley Loh Ka Leung noted that "I believe CMIG's investment will bring about new business opportunities and interests for both sides. CMIG's deepened cooperation with us in ASEAN is welcomed and today marks a good start. All of us present here can lend a helping hand if CMIG has any need when developing its businesses in ASEAN countries."
President Li Huaizhen indicated that "as is known to all, China has started to contact and conducted exchanges and cooperation with Southeast Asian countries for more than 2,000 years. We are well-connected culturally and enjoy a long-lasting friendship. In 2014, China-ASEAN trade volume reached USD480 billion and China has become the largest trading partner and export destination of ASEAN. For now, the Chinese government is moving forward with the 'One Belt One Road' strategy, with a focus on the Maritime Silk Road where ASEANS countries are located. We have three strong points when it comes to the cooperation with ASEAN enterprises, namely, correct judgment on industries, viscosity of private economy and capital advantage."
He said that "it's an important mission for CMIG to lead private companies to go global. Today, we are meeting together to explore into the route for Chinese competitive industries to go global. This is just a start. I firmly believe CMIG will have more opportunities to exchange views with all of you and share information, business opportunities, resources and talents. I believe by engaging in business cooperation and implementing the 'One Belt One Road' strategy, we will surely realize mutual benefit, win-win outcome and common development!"
Following the two speeches, the participants enjoyed the dinner and had thorough exchanges and discussions.