Xuzhou Construction Machinery Group holds cooperation seminar

Xuzhour Construction Machinery Group holds cooperation seminar.
Xuzhour Construction Machinery Group holds cooperation seminar.

Xuzhou Construction Machinery Group Co. (XCMG) recently held the Cooperation Seminar on Infrastructure Project as part of the “One Belt, One Road” (OBOR) initiative.

Over 130 representatives from financial organizations, government agencies, export-oriented complete construction machinery manufacturing enterprises and academic circles, as well as both upstream and downstream businesses within the infrastructure projects’ industrial chain, attended the event. Some of these organizations included the Academy of Macroeconomic Research, Silk Road Fund and the Investment Promotion Agency of the Ministry of Commerce.

XCMG Board Chairman and President Wang Ming gave a speech at the event. There were several other presenters at the seminar.

Zhi kui, the deputy director for the Foreign Economic & Cooperative Affairs Office within the Academy of Macroeconomic Research, NDRC, gave a presentation explaining the OBOR Initiative. He also introduced the “going out” programs that are related to the creation, investment and collaboration of various elements within the equipment industry.

The seminar took place on Aug. 18, 2015, in Beijing, China.

Shantui Construction Machinery Corporation Limited co-sponsored the event. The seminar also recent support from the China Chamber of Commerce for Import and Export of Machinery and Electronic Products and the Investment Promotion Agency of the Ministry of Commerce, Construction Machinery Technology and Management Press.