BCN-25 China-Malaysia industrial funds forum held in China

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ZCZC

BCN-25

CHINA-MALAYSIA-INDUSTRIAL-FUNDS

China-Malaysia industrial funds forum held in China

NANNING, July 17, 2019 (BSS/Xinhua) – The third China-Malaysia Industrial
Funds Forum was held Tuesday in the city of Qinzhou, southern China’s Guangxi
Zhuang Autonomous Region.

The forum attracted nearly 200 guests from banks, securities companies,
governments and other institutions at home and abroad to discuss the
implementation of the Belt and Road Initiative and other topics.

The guests also exchanged views on a funding project and the incentive
policies of the China-Malaysia Qinzhou Industrial Park.

“The Guangxi branch of the Industrial and Commercial Bank of China (ICBC)
will provide the park with comprehensive financial services this year after
setting up a construction fund worth 800 million yuan (116.28 million U.S.
dollars) in 2014,” said Yu Changtao of the branch.

The forum was hosted jointly by the management committee of the industrial
park and the branch.

BSS/XINHUA/HR/1500