BUSINESS

CIC Executive VP on China’s role as an international investor

2017-06-09 20:35 GMT+8
Editor Gong Zhe

By CGTN's Tian Wei and Ding Dai

US President Donald Trump has unveiled a trillion-dollar plan focusing on the infrastructure of the nation. Many have hoped that it would guide the US into a new round of economic revival. However, no details about the source of its funding have been revealed in official statements of the administration. The same conundrum has been haunting many developed nations in need of new infrastructure.

How to use connectivity to attract investment and further stimulate the economy has become the primary issue for these nations. As China puts forward its Belt and Road Initiative, can a mutually beneficial deal be struck among China and the countries in need?

CGTN's Tian Wei met up with Dr. Qi Bin, executive vice president of the China Investment Corporation (CIC) at the Belt & Road and Cross-Border Investment CEO Summit, where they talked about the role of the CIC in China-US infrastructure cooperation.

CGTN Photo

"It's more about economic engagement and exchange of comparative advantages," Qin Bin said when talking about how the CIC identifies investment opportunities with other countries."We should use our money wisely to help China's economic transition, upgrade China's industries and to help meet Chinese consumers' needs."

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