Zijin Mining : Chairman Chen Jinghe met with China Silk Road Funds' Vice General Manager

23 July 2015

On July 16. Chen Jinghe, Chairman of Zijin Mining Group, met with Si Xinbo, Vice General Manager of China Silk Road Fund, and Liu Xirong, Vice President of the Fujian Branch of China Development Bank, in Xiamen. They held a friendly talk on potential further cooperation, regular communication mechanisms between two sides, and mutual effort to carry out the "One Belt and One Road" strategy proposed by the government.

They shared the same opinion that, as an industry giant, Zijin Mining is a role model for Chinese enterprises in "going global". Zijin owns numerous projects located within the countries along the "One Belt and One Road", which conforms to the development strategy of the nation, as well as the investment orientation of Silk Road Fund. Therefore, Zijin is well placed for cooperation between the two sides.

Silk Road Fund is a mid to long term development and investment fund which is funded by China Foreign Exchange Reserve, China Investment Corporation, Export-Import Bank of China and China Development Bank. It is established on principals of marketization, internationalization and professionalism, with an orientation to seek investment opportunities in the process of development of "One Belt and One Road", and to provide relevant financing services. Silk Road Fund and Asian Infrastructure Investment Bank are known as "two pairs of wings" for China to go global. The initial capital of Silk Road Fund is USD 10 billion. It was registered and began operation in Beijing on December 29, 2014.