On the afternoon of November 8, the International Investment and Financial Cooperation Forum of the China International Import Expo (CIIE) was held at the National Convention and Exhibition Center (Shanghai). The theme of this forum was "Digital Empowerment, Innovation-based Impetus, Building A New Situation of International Cooperation in Investment and Financing". Attending the forum were officials from the Chinese Government Departments and relevant institutions, ambassadors to China and foreign guests, domestic financial experts and scholars, representatives from overseas financial institutions, representatives from the financial and economic sectors, as well as college teachers and students. Li Qian, Party Chief of Hongkou District, attended and delivered a speech.
On site, the launch ceremony of the "Global Investment Promotion Center" landing in Hongkou District was held, and the "Global Investment Promotion Initiative" was released as well.
Li Qian said in his speech that friendly exchanges between China and Arabian countries had a long history. Hongkou, one of the downtown areas of Shanghai, was an important gateway for the intersection of Chinese and Western civilizations. In the past, Hongkou was the starting point for Chinese people to see the world. Hongkou had become the best viewing platform for Shanghai's century-old charm and achievements of China’s reform and opening up. In the future, Hongkou will be an important exhibition window for the Chinese path to modernization and a model room for future cities. “The North Bund of Shanghai, the New Urban Benchmark” has become the new coordinate of Hongkou. We sincerely invite everyone to visit Hongkou, take a walk on the North Bund, feel the thriving force, share the development opportunities in the new era, continuously strengthen cooperation and exchange, and co-build a better future.
At the forum, guests from both China and the Arabian countries discussed innovation and cooperation under digital empowerment in keynote speeches and roundtable dialogues, to open up new prospects for international cooperation in investment and financing. The specific topics include the prospects of cross-border settlement cooperation in digital RMB, the exploration in the mechanisms of industrial investment and financial cooperation between China and Arabian countries, and the innovative models for digital assets and digital transactions.
In the digital economy era full of challenges and opportunities, the holding of the forum was not only of great significance for economic and trade cooperation between China and Arabian countries but also showed new prospects for global financial cooperation. Innovation-based impetus was driven by digital empowerment to enhance the efficiency and outcomes of investment and financing cooperation. Besides, the forum would promote fin-tech development, expand the influence of digital RMB in the international settlement, and further promote global cooperation and win-win in the financial field.