}

Company news

 

Runfar Group Chairman of the Board Teng Hexian Was Invited to Attend First "China Overseas Investment Conference" Sponsored by Hong Kong Chamber of Commerce

Runfar Group Chairman of the Board Teng Hexian was invited to attend first "China Overseas Investment Conference" sponsored by Hong Kong Chamber of Commerce from November 15 to 17, 2011. The topic of this Conference would focus on "reorganization of global resources and China Overseas Investment Strategy". Vice Premier Li Keqiang made important instructions.
The Conference had more than 1,000 government officials, investors, business executives, scholars and experts including Huang Meng Fu, CPPCC Vice Chairman and Chairman of All-China Federation of Industry and Commerce, Wang Zhongyu, president of China Association of Enterprises, Mr Stephen Lam, Acting Chief Executive of Hong Kong Special Administrative Region, Peng Qinghua, Director of Central Government Liaison Office in Hong Kong, CPPCC National Committee for Liaison with Hong Kong, Macao, Chen Yunlin, Taiwan and Overseas Chinese and China Association for Relations Across the Taiwan Straits, Lu Xinhua, member of Commissioner's Office of the Ministry of Foreign Affairs in Hong Kong, Zhang Xiaoqiang, Associate Director of National Development and Reform Commission, Chen Jian, Vice-Minister of MOC, Zhou Bo, Deputy Director of Hong Kong and Macao Office of the State Council and Ren Qiliang, Deputy Director of State Council Overseas Chinese Office.

Chairman Teng said: Runfar Group will actively implement the "going out" strategy and focus on overseas resources investment and development. We hope to enhance the Group's overall strength and develop a high-growth world-class industrial investment group through participation in the reorganization of global resources and overseas investment. Although the spread of European debt crisis makes the slowdown in world economic recovery than expected and show significant imbalance and instability, but the general trend of globalization in economy and resources will not change, the world especially those countries with energy resources never diminished their desire for economic growth and still remain strong investment demand. Crisis, namely change of "crises" produces an "opportunity" and loss of "opportunity" makes a "crisis." At present and in next five years, it is still an important strategic opportunity that allows of no loss and offers a challenge for Chinese enterprises to make overseas investments.
Chairman Teng pointed out: participation in the reorganization of global resources for the benefits of resource locations has been an important concept of honor of Runfar Group in overseas investment. Runfar Group sincerely hopes that Chinese mainland enterprises work together with Hong Kong enterprises to seek mutual development and share the results in these new important strategic opportunities for overseas investment.

It is reported that investment conference will be held once a year in order to develop it into a world-class and international exchange and interconnection platform for Chinese overseas investment and provide the world with a platform for interaction between national policies and investment situation, interconnection between Chinese investors and overseas projects and discussion and exchange between investors and officials and scholars.