The Launching Ceremony of National Trade Innovation and Development Fund

          2018-01-06 分享到:

On January 5, 2018 local time, The Launching Ceremony of Trade Innovation and Development Fund is held in Beijing. With 30 billion total scale, the Fund is cofounded by Ministry of Finance of PRC, Ministry of Commerce of PRC and China Merchants Group(CMG), which is the only national fund aiming at serving commerce in China and managed by China Merchants Capital.

Deputy Minister of Finance of PRC Hu Jinglin, Assistant Minister of Commerce of PRC and CMG Chairman Li Jianhong attends the ceremony and deliver speeches. CMG Director Li Yinquan attends the ceremony and Director Hong Xiaoyuan presides the ceremony.

Li Jianhong points out the decision that Trade Innovation and Development Fund is managed by CMG reflects the confidence of State Council on CMG. CMG will make full use of strengths to manage and operate funds, attaching importance to quality, innovation and investment.

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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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