www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Fund to foster economic ties with ASEAN

By JIANG XUEQING (China Daily) Updated: 2015-01-23 10:57

Fund to foster economic ties with ASEAN

Jewelry from Myanmar at the 2014 China-Asean Expo in Nanning, capital of the Guangxi Zhuang autonomous region. China is looking to increase its investments in the Association of Southeast Asian Nations, especially in influential projects that offer good returns. [Photo/China Daily]

The China-ASEAN Investment Cooperation Fund, a private equity fund set up by the Chinese government, is looking to increase its investments in the Association of Southeast Asian Nations, especially in influential projects that offer good returns, a top official with the fund said on Tuesday.

"An influential project is one that is sustainable and creates more tax revenues and jobs. It should also have a positive impact on the local community and be well received by the local residents," said Li Yao, chief executive of the fund, at the Asian Financial Forum in HongKong.

"We have difficulty in finding good projects as the estimated investment returns rarely meet our expectations. In addition, the potential risks and transaction costs are high due to the lack of clarity in local government regulations and inefficiencies in the project approval procedures," Li said. The chief executive said that the entire transaction is often a lengthy and drawn-out process. "We want the governments to increase their efficiency and become more transparent," he said.

Established in 2010, the fund is sponsored by the Export-Import Bank of China along with other financial institutions and companies. With a targeted size of $10 billion, it has used the first tranche of $1 billion for investments in 10 projects within the ASEAN region, barring Vietnam and Brunei and realized returns of about $4 billion to $5 billion. The second phase of investment is expected to be in place within the next two years, but the amount is yet to be decided, he said.

The fund is part of the Chinese strategy to deepen cooperation between China and ASEAN countries.

Premier Li Keqiang said in a keynote speech at the 10th China-ASEAN Expo and the China-ASEAN Business and Investment Summit in 2013: "China will initiate a new round of targeted loans, give full play to the China-ASEAN Investment Cooperation Fund, and work actively with various sides to establish a financing platform in Asia to fund large-scale infrastructure projects."

The fund has primarily invested in infrastructure, energy and natural resources and will continue to invest in the three major areas. Based on these investments, it has developed cooperation with local companies in other sectors including agriculture, education and healthcare.

So far, the projects invested by the fund have brought double-digit returns, the chief executive of the fund said. Among the ASEAN countries, the fund plans to focus more on the Indo-China Peninsula and Indonesia.

Countries in the Indo-China Peninsula such as Cambodia, Laos and Myanmar need investments for continued development and they are friendly toward China. Indonesia also has lots of investment opportunities due to its large population of more than 253 million, he said.

China is drawing up a plan for massive investments to promote the New Silk Road Economic Belt and the 21st Century Maritime Silk Road initiatives, which will deepen its relations and cooperation with ASEAN countries.

"Exporting high-quality production capacity and technologies from China to the ASEAN members will benefit both sides as these countries are similar to China in terms of their economic structure and stage of development," Li said.

He called the fund a forerunner of the "One Belt, One Road" strategy and emphasized that building trust between China and ASEAN is important for Chinese investment.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 在线免费观看欧美 | 在线观看毛片网站 | 特级毛片免费视频播放 | 午夜视频国产 | 国产成人亚洲综合网站不卡 | 国产一区中文字幕在线观看 | 国产一毛片 | 国产一区二区三区高清视频 | 中文字幕有码在线观看 | 亚洲欧洲一区二区三区在线 | 久久精品视 | 国产日本欧美亚洲精品视 | 俄罗斯美女在线观看一区 | 欧美一级一极性活片免费观看 | 99国产精品视频久久久久 | 日本免费一区二区三区a区 日本免费一区二区三区看片 | 日韩欧美在线看 | 九九视频国产 | 理论视频在线观看 | 神马午夜不卡 | 性感毛片 | 国产美女做爰免费视频软件 | 美女脱了内裤张开腿让男人桶网站 | 一级性毛片| 日本不卡一二三 | 一级做a爰片性色毛片中国 一级做a爰性色毛片 | 日本精品一区二区三区在线视频一 | 精品国产亚洲一区二区在线3d | 97超频国产在线公开免费视频 | 欧美一级毛片高清免费观看 | 国产国产人免费人成成免视频 | 2019天天操天天干天天透 | 男女免费观看视频 | 日韩精品特黄毛片免费看 | 欧美成人 综合网播九公社 欧美成人26uuu欧美毛片 | 国产三级在线播放线 | 99这里只有精品视频 | 亚洲 欧美 日韩 在线 中文字幕 | 久久免费毛片 | 大香伊蕉国产短视频69 | 亚洲精品美女在线观看 |