On the afternoon of November 8, 2024, the 2024 China International Import Expo · International Investment and Financial Cooperation Forum - China Arab Investment Summit and Qatar China Luyi Industrial Park Strategic Release Event was successfully held at the National Convention and Exhibition Center.

       The theme of this forum is "Investment in China Year, New Opportunities for Going Global", dedicated to deepening China-Arab economic cooperation and promoting deeper investment cooperation and economic and trade exchanges between China and Arab countries. Wang Yaping, President of the China Society of Foreign Economic and Trade Accountants; Wang Rongming, President of Shanghai University of International Business and Economics; Sheikh Mohammed bin Hamad bin Faisal Al Thani, Chief Executive Officer of the Qatar Free Zone Authority; Kler Khazarian, Economic Counsellor of Armenia, representatives of official institutions in the Middle East, investment agencies associated with ambassadors to China, family offices and banks, as well as leaders of relevant Chinese government departments, representatives of state-owned assets and financial institutions, leading entrepreneurs, and industry experts and scholars attended the event to jointly explore the latest trends and opportunities in international investment and financial cooperation, and provide guidance and suggestions for Chinese enterprises to expand internationally. The conference was hosted by Liu Ye, a well-known bilingual anchor of SMG’s First Financial.

       Wang Yaping, President of the China Society of Foreign Economic and Trade Accountants; Wang Rongming, President of Shanghai University of International Business and Economics; Zhou Hanmin, member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and former Vice Chairman of the Central Committee of the China Democratic Construction Association, each delivered opening speeches at the conference. President Wang Yaping stated in his speech on behalf of the organizers that the CIIE is a major decision for China to promote high-level opening-up in the new era and an important measure for China to actively open up market to the world. He expressed his hope to carry out comprehensive cooperation with all parties, jointly expanding related businesses, assisting in the high-quality development of China's foreign economic and trade undertakings and financial industry, and promoting China's high-level opening-up to the outside world.

       On the forum, the strategic release of Qatar China Luyi Industrial Park became a major highlight. Sheikh Mohammed bin Hamad bin Faisal Al Thani, CEO of the Qatar Free Zone Authority, emphasized in his speech that the close cooperation between the CIIE and Qatar not only represents a strategic initiative of both countries, but also reflects their shared vision for economic growth and innovation. At the strategic release and signing ceremony; Yao Xubo, CEO of Qatar China Luyi Industrial Park, made a strategic announcement and introduced the situation of the China Qatar Industrial Park in the Qatar Free Zone to the guests. The industrial park is located in Doha, the capital of Qatar, and is committed to developing industries such as deep processing of petrochemicals, building materials and hardware, and high-tech for civilian use. It also provides a series of preferential policies and services for Chinese enterprises. Yin Haijie, Chairman of the China Qatar Industrial Park, and Sheikh Mohammed bin Hamad bin Faisal Al Thani, CEO of the Qatar Free Zone Authority, have signed a contract to strengthen cooperation between China and Qatar.

       The forum emphasized that the overseas model of Chinese enterprises is undergoing a transformation, shifting from early product and resource orientation to high value-added technology output, brand building, and sustainable development strategies. On the forum, Lu Yunran, the general manager of 212 off-road vehicles, released the 212 overseas strategy. He stated that the off-road vehicle market in the Middle East has enormous potential, and the 212 off-road vehicle will achieve success in the Middle East market with its classic design, excellent performance, and strong technical strength. At the same time, he also hopes to build the 212 off-road vehicle into a leading off-road vehicle brand in China and globally through global layout.

       At the roundtable forum, guests expressed their opinions and engaged in in-depth discussions on two main themes: "How to promote two-way opening up of venture capital through 'bringing in and going out'" and "China's opportunities from the international perspective of capital empowering technological innovation". Yu Huan, General Manager of the Investment Management Department of the National Green Development Fund, stated that in China, new quality productivity is green productivity, and hopes that all parties can work together to promote the development of domestic innovation and entrepreneurship. Sun Gangfeng, director and chairman of the board of directors of Hangzhou State owned Capital Investment and Operation Co., Ltd. in Zhejiang Province, stated that Hangzhou Capital, which he represents, is currently encouraging private institutions to invest in innovative and entrepreneurial projects, encouraging entrepreneurial teams to have a global market perspective, and also trying to go global, in order to better promote high-level two-way opening up of venture capital. When it comes to promoting two-way cooperation and openness in venture capital, Chen Zihao, Vice President of China Insurance Investment Co., Ltd., said that firstly, we need to increase the degree of openness and promote international exchange and cooperation; Secondly, we need to establish a favorable market-oriented and rule of law business environment, establish universal international rules, and align with international standards; We need to further attract and cultivate more talents to provide impetus and sources for the development of the market. Gu Honglin, Managing Director and ESG Committee Chairman of China Chengtong Development Group, stated that in terms of introduction, China's development is already very mature, and the current difficulty is how to go global. For companies planning to go global, Gu Honglin put forward two suggestions: one is to have partners with international investment experience in China, and the other is to have partners locally to fit the local market and avoid local policies.

       Hou Lin, the managing partner of Shougang Fund's parent fund business, stated that in terms of investing in scientific innovation, it is important to attach importance to building incentive and fault tolerance mechanisms, and have sufficient tolerance for different types and sources of funds. This is conducive to the current demand for technological innovation. Wang Jipeng, Senior Partner of Yuanhe Chenkun in Suzhou Industrial Park, frankly stated that in the incremental market, only true innovation, and innovation at the source, can generate better profits and returns. This is not only a national strategy, but also a feedback from the market. Zhang Kun from Shanghai Guotou Futeng Capital stated that technology strategy and innovation are important themes for current fund investments. Currently, the company he represents is seeking new breakthroughs and achieving strategic goals through cooperation with universities, leading enterprises, and universities. Li Zhengdong, Deputy General Manager of Shanzheng Innovation Investment Co., Ltd., shared that investing in early-stage entrepreneurial enterprises is not only about providing funds, but also requires empowerment from various aspects such as management and sales to assist in the sustainable development of the enterprise. Lei Zhenyu, founding partner of Singapore Feihe Capital, shared from the perspective of the secondary market how capital can support technological innovation under the new quality productivity, and emphasized the importance of paying attention to technological development and supporting policies for technological innovation. Abdulaziz Al Saikhan, CIO of the Saudi Esports World Cup Foundation EWCF, said that the current Saudi market is a completely open market with great potential opportunities. He strongly encourages everyone to learn about Saudi Arabia and invest there.

       In the keynote speech segment around "Chinese style technological innovation", several outstanding representatives of science and technology innovation enterprises were invited to give keynote speeches. Yunzhisheng is a globally leading medical big model technology enterprise, The founder and CEO, Mr. Huang Wei, shared the challenges and achievements encountered by the company in the process of implementing medical big models. Yunsheng Intelligence, with its outstanding technology and innovative spirit, has become a leader in the era of low altitude economy. As the co-founder of Yunsheng Intelligence and executive director of China Low altitude Economic Alliance, Zhu Shengli emphasized in his sharing that "innovation drives development, technology leads the future". At the same time, he also conveyed his hope to build a global integrated governance system for land and land, realizing the great vision of reducing costs and increasing efficiency. In the field of new energy heavy-duty trucks, TeBaiJia is known as the hidden champion. Deng Yueyue, CTO of TeBaiJia, stated that TeBaiJia has always been committed to promoting the "decarbonization" process of the transportation industry, adhering to the concept of open cooperation, and is committed to working together with global partners to achieve electrification of heavy truck transportation.

       With the continuous expansion of Chinese enterprises in overseas markets, expanding internationally has undergone a transformation from technology, production capacity to brand, and a new round of technological revolution and industrial transformation has ushered in historical opportunities. With the continuous deepening of China's opening-up to the outside world, Chinese enterprises going global will usher in a broader stage, injecting new vitality into the development of the global economy. As an important achievement of this conference, the International Financial Investment Cooperation Alliance has been officially launched. I believe that with the joint efforts of all parties, international investment and financial cooperation will usher in a better future.