On February 21, 2017 local time, China Merchants Group President Li Xiaopeng met in Hong Kong with Mr. Sebastian PAREDES, Chief Executive Officer of DBS Bank (Hong Kong) Limited, exchanging opinions about domestic and international economic outlook. CMG CFO Fu Gangfeng attended the meeting.

They opened a pertinent discussion about international economic situations, fluctuations of RMB exchange rate, SOE reform. Li Xiaopeng said SOE reform would be accelerated, mainly focusing on addressing overcapacity, de-leveraging and M＆A. China Merchants Group is seeking for advancement after listing as a trial of State-owned investment company in 2016. Mr. Sebastian PAREDES sensed opportunities in overseas financing with increasingly more China's companies "Going Global".