CRCC Signs “The Belt and Road” Fund Framework Agreement
with China Galaxy Financial Holdings Company

On the morning of Sep. 28th, CRCC signed “The Belt and Road” fund framework agreement with China Galaxy Financial Holdings Company in Beijing. The two sides will establish “The Belt and Road” fund to further promote the integration of industry and finance and the landing of the major projects of the Belt and Road initiative. Chairman of CRCC and Secretary of Party Committee Meng Fengchao and Chairman of China Galaxy Financial Holdings Company and Secretary of Party Committee Chen Gongyan attended the signing ceremony.

Mr. Meng Fengzhao said in his speech that since The Belt and Road initiative, from the innovative mode of cooperation between industry and finance to the increase of the international operation efforts, CRCC has responsed positively and participated deeply, achieved positive results and becomed the main force of The Belt and Road infrastructure construction. He expressed that the full participation in the The Belt and Road construction is a major political responsibility of the central State-owned enterprises. He pointed out that the signing of “The Belt and Road” fund framework agreement is an important decision of CRCC to implement the strategy of the Party Central Committee and to serve the national strategy, as well as a major financial innovation initiative which will bring new opportunities for industrial upgrading and innovation development. And it is also beneficial for both sides to promote the sharing of resources and market integration with capital as the link, and jointly create a new situation in industrial cooperation. As an open and shared platform, The Belt and Road fund between CRCC and China Galaxy Financial Holdings Company sincerely welcome friends from all walks of life to participate. 


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