BEIJING, March 22, 2025 /PRNewswire/ -- The Parallel Forum on Inclusive Finance and Approaches to New Energy Industrialization Development was held in Beijing on March 20.
As a side event of the 2025 Global South Financiers Forum, the forum, hosted by the Brand Work Office of Xinhua News Agency, China Economic Information Service, and Shanxi Branch of Xinhua News Agency, fostered diverse dialogues and exchanges under the theme of "Inclusive Finance and Approaches to New Energy Industrialization Development", sharing experience and building consensus.
Klaus-Dieter Kaempfer, Chief Executive of Absa China, highlighted Absa's efforts in driving economic growth across 12 African markets over 130 years. Absa established a non-banking subsidiary in Beijing a year ago to support Chinese enterprises and investors in exploring African markets.
China has become the world's largest producer of electric vehicles, while Indonesia is also intensifying efforts in the regard, noted Mohammad Faisal, Executive Director of the Center of Reform on Economics (CORE Indonesia). CORE Indonesia has been conducting research in this field as an economic think tank, but considering the significant challenges faced by developing countries in promoting green energy and green industrialization, this forum serves as a valuable platform for mutual learning and experience sharing.
Lyuliang is leveraging its industrial strengths to foster new quality productive forces in the energy sector amidst green and sustainable development, according to Xiong Yizhi, mayor of Lyuliang City. By introducing favorable policies and innovative financial products, Lyuliang has accelerated its new energy industry development, with new energy installation capacity now accounting for over 30 percent of its total.
Zheng Peng, Chairman and President of Pengfei Group, delivered a keynote speech on the company's effort in green development. As one of China's top 500 enterprises, it follows China's dual carbon goals and Shanxi's hydrogen energy development plan.
During the event, China Economic Information Service unveiled the China (Xiaoyi, Lyuliang) Hydrogen Energy High-quality Development Index Report during the event. The index, which monitors high-quality hydrogen energy development at both national and local levels, showed steady growth from 2021 to 2023.
Besides, a roundtable session of the forum brought together renowned financiers and government representatives to explore the role and mechanism of inclusive finance in advancing new energy industrialization.
Original link: https://en.imsilkroad.com/p/344869.html
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Xinhua Silk Road: Parallel Forum on Inclusive Finance and Approaches to New Energy Industrialization Development held in Beijing
BELGRADE, Serbia, March 24, 2025 /PRNewswire/ -- From March 17th to 21st, the China Council for the Promotion of International Trade (CCPIT) led a delegation of Chinese entrepreneurs on a visit to Italy and Serbia. During the tour, CCPIT hosted the Economic and Trade Cooperation Forum in concert with the Promotion Conference for the 3rd China International Supply Chain Expo (the Expo) in Milan, Italy, and Belgrade, Serbia.
Ren noted that this year commemorates the 50th anniversary of diplomatic ties between China and the European Union. Over the past half-century, considerable progress has been made in various domains of pragmatic cooperation between the two regions. CCPIT is committed to working with all stakeholders to enhance industrial and supply chain collaborations within the international business community and to share opportunities for growth and development with European nations. The council is eager to advance high-level openness to ensure a favorable business environment for the private sector.
In addition, CCPIT seeks to strengthen bilateral relations through balanced and reciprocal multilateralism and to advocate for the liberalization and facilitation of trade and investment. The council aims to intensify collaboration in traditional sectors between the two regions while exploring new areas such as renewable energy, the digital economy, and equipment manufacturing.
"European firms are invited to participate in the upcoming Expo, utilizing the event as a forum to bolster industrial and supply chain exchanges and establish safer, more robust partnerships. As principal global economies, China and the EU are solidifying their cooperative foundations," said Ren. "which not only stabilizes bilateral relations and strengthens resilience against external risks but also provides new momentum into the global economic resurgence. This pledge underscores the commitment of both China and European nations to nurture an open world economy."
Several prominent guests delivered addresses at the event, including Mario Boselli, President of the Italy China Council Foundation, David Doninotti, Secretary General of the Italian Association of Foreign Trade, Liu Kan, Consul General of China in Milan, Marko Čadež, President of the Chamber of Commerce and Industry of Serbia, Adrijana Mesarović, Minister of Economy of Serbia and Li Ming, Ambassador of China to Serbia.
The event drew over 400 delegates from Italian and Serbian trade and investment promotion organizations, business associations, and firms. During the gathering, the China International Exhibition Center Group signed several cooperation agreements with various organizations and businesses.
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3rd CISCE European Promotion Event: Pioneering New Frameworks for Global Supply Chain Collaboration