[ASEAN Special Line] "Belt and Road" International Investment Cooperation Exchange Activity held the second phase of the ASEAN Fund to expand cooperation

China News Service, Xiamen, September 9 (Reporter Yan Xu) The "Belt and Road" international investment cooperation and exchange activity was held in Xiamen on the 9th. Guests from Chinese and foreign government departments, international organizations, well-known financial investment institutions, multinational enterprises, etc. focused on hot topics of global investment cooperation under the joint construction of the "Belt and Road" initiative to exchange.

During the event, the China-ASEAN Investment Cooperation Fund Phase II signed a memorandum of understanding on cooperation with the Success Infrastructure Company under the Malaysian Success Group.

The second phase of the China-ASEAN Investment Cooperation Fund is initiated by the Export-Import Bank of China and is an equity investment fund for the ASEAN region's infrastructure, energy resources, information and communications. Chenggong Group is a powerful multinational enterprise group in Malaysia.

The reporter learned that the two sides are actively exploring cooperation in the development of related projects in the fields of telecommunications and other fields, and hope to further strengthen cooperation through the conclusion of a memorandum of understanding.

The guests had in-depth exchanges on topics such as "The Belt and Road Initiative's investment cooperation new paradigms and directions" and "The Belt and Road Initiative's investment to help regional economic growth".

Ling Ji, Vice Minister of Commerce of China and Deputy Representative for International Trade Negotiations, said that China's investment stock in countries jointly building the "Belt and Road" has reached US$370 billion, and China's investment brings certainty to the world. China and the co-construction countries actively carry out various forms of financial cooperation and continue to improve the market-oriented, open, diversified and green investment and financing system.

"The Belt and Road Initiative provides Cambodia with many opportunities. Cooperation with China helps us promote economic and social development, enhance infrastructure construction, drive employment, and improve the lives of millions of people." Sun Zhanto, deputy prime minister and first vice chairman of the Development Council, said that Cambodia is committed to ensuring that the "Belt and Road" cooperation remains sustainable, transparent, mutually beneficial and win-win, and achieve digital transformation and sustainable development. (over)