0n 13 of June 2016, GMS Financial and Investment Cooperation Meeting was held in Kunming. Deputy Director General of Department of Commerce of Yunnan Province, Mr. Liu Jing, and Executive Chairman of China-ASEAN Business Council, Mr. Xu Ningning. attended the meeting and delivered speeches. Mr. Liu Jing said that GMS region enjoyed a great development potential. Enhancing cooperation in finance and investment in the region would help relief the pressure of the external economic downturn and have a positive meaning to promoting sub-regional cooperation. Mr. Xu pointed out that GMS countries were under a good developing momentum. Chinese enterprises should come to this region to seek more business opportunities. GMS countries should further deepen financial cooperation according to the Sanya Declaration during the first Lancang-Mekong Cooperation Leaders’ Meeting, to make sector cooperation and financial cooperation progress together and support each other to improve investment environment and make full use of AIIB, Silk Fund and ASEAN-China Cooperation Fund so as to constantly push forward the GMS cooperation to a new phase and benefit the people of the sub-region.
Representatives of financial institutions, enterprises and research institutions from China, Singapore, Myanmar discussed issues such as financial facilitation, RMB internationalization, AIIB operation, financial and investment facilitating international capacity cooperation and energy cooperation. They hoped to strengthen inter-communication and made suggestions to enterprises for expanding international market so as to realize mutual benefits and win-win results.
ACC Secretary-General H.E. Mme. Yang Xiuping was invited to the meeting and exchanged views with the guests about deepening ASEAN-China all-round functional cooperation.
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