The 7th International Capital Conference brings essential EU-China cooperation
21th October, 2016, Beijing, China - The 7th International Capital Conference (ICC 2016) was successfully held at Sofitel Wanda Hotel in Beijing, China by Cavendish Group under the theme “China-EU: Partners in "One Belt One Road (OBOR)" and China’s consumer led economic growth”.
Two hundred delegates, including the most senior speakers from Chinese Academy of Sciences Holdings Co. Ltd (CASH), China Chamber of International Commerce, China Invest Consult Committee, National Industrial & Financial Innovative Platform, JPMorgan Chase & Co., Allen & Overy, audioBoom, EDF, Fosun, China Huadian Corporation, Chinese Academy of Sciences Holdings Co. Ltd, Hesteel Group, Fargo Fortune, Primavera Capital, Hao Capital, China Equity and US-China Clean Energy Forum attended unique meetings of the China-EU top business conference on 19th and 20st October.
Committed to promoting two-way outbound investments and developing partnerships between leading Chinese and EU companies, ICC guests discussed new interests and opportunities for two-way outbound investment presented to Chinese and European business leaders, in panels and roundtable meetings.
Speaking at the opening of the conference Long Yongtu, Co-Chairman of the ICC and former Secretary General of Boao Forum for Asia said: “In China, we believe the principle of globalisation will never change. We need a platform like today's conference for companies to get to know the investment conditions.”
Senator Jean-Pierre Raffarin, Co-Chairman of the ICC, Chairman of Fondation Prospective et Innovation and former Prime Minister of France said: “We need to bring civilisation back to the world and OBOR is part of that. It will reduce the multi-polarisation of the world. Sino-EU cooperation depends on a conference like this.”
Wu Lebin, Chairman, Chinese Academy of Sciences Holdings Co. Ltd (CASH) said: “China's economy should be both transnational and trans-sectoral. Profitability lies in high technology industries. Currently at CASH group, we are developing our own silicon valley."
Further hot topics discussed on high level panel discussion on 20th October included “EU-China political and economic considerations”; “Infrastructure OBOR”; “Developing China’s consumer led growth – ‘The Content Economy’”; “Financial services cooperation” and “Internet+ and R-A-I-D (Robotics/AI/IOT/Data)”.
On 19th October, CASH hosted a series of roundtable discussions on OBOR. With a VIP address by Wu Lebin, the discussions focused on challenges and opportunities for clean energy after Paris and G20, investment and partnership opportunities in energy infrastructure, and a focus on the breakthrough opportunity of the methanol economy.
Also on 19th October, delegates announced specific opportunities for cross border investing in projects such as OBOR, a nuclear and biomass power station in Europe, implantable medical devices created using 3D printing, drones, fintech, real estate and many more.
It was also announced that Host City, the largest international meeting of cities and sports, business and cultural events, would stage its first Asian edition in Beijing in May 2017, bringing opportunities for cross-border investment in sports and entertainment.
Matthew Astill, Cavendish International Group CEO said: "The 7thICC is putting OBOR and China's transition to domestic demand-led growth, the "Content Economy", at the centre of our discussions. The ICC is the primary annual event platform for large EU companies to visit Beijing and be updated about the strategic partnerships and opportunities that will grow from the OBOR model of development. It focuses on two-way outbound investment opportunities to support China's transitioning economy, as the world-leading event for European and Chinese business leaders who understand the need to invest into each market and to seek partnerships. "
ICC 2016 is organized by Cavendish Group and Fondation Prospective et Innovation, with co-organizers Chinese Academy of Sciences Holdings Co. Ltd (CASH), CCIOC and the European Union Chamber of Commerce in China, and supporting partner China Investment Association.