Ren Hongbin Delivers Speech at the Opening Session of 5th Hong Kong Belt and Road Summit

The 5th Belt and Road Summit, an annual event co-organized by the government of Hong Kong Special Administrative Region and Hong Kong Trade Development Council, opened on Nov 30th, 2020. Ren Hongbin, Vice Chairman of State-owned Assets Supervision and Administration Commission of the State Council (SASAC), attended the opening session and delivered a speech via video link.

Ren said that Chinese President Xi Jinping has reaffirmed China's commitment to mutual opening up featuring shared benefits, shared responsibilities and shared governance at several major events, which provides central state-owned enterprises (SOEs) with clear direction and fundamental guidance for their participation in building the Belt and Road.

He added that central SOEs have proactively responded to the Belt and Road Initiative and undertaken more than 5,000 projects in 128 Belt and Road countries, which has greatly benefited local people, boosted their industrialization and urbanization, and promoted the coordinated development of regional economies.

Ren noted that SASAC and central SOEs will follow the calls of President Xi and work with people from all walks of life in Hong Kong to grasp development opportunities in the post-pandemic era, promote high-quality and sustainable Belt and Road development, and make the Belt and Road a model of cooperation, health, recovery and growth. Unremitting efforts will be made to implement the principle of "One Country, Two Systems", firmly support Chief Executive Carrie Lam Cheng Yuet-ngor and the Hong Kong SAR government in exercising law-based governance, firmly support Hong Kong growing its economy and improving people's livelihoods, and firmly support the unity of all who love the country, love Hong Kong in creating a more prosperous and stable future for Hong Kong.

The forum, themed on "Discovering Business Opportunities, Shaping a Sustainable and Inclusive Future" invited participations of government officials from various countries, heads of international organizations and executives of companies home and abroad. In-depth discussions were held on multiple topics such as green infrastructure investment, the environment, society and governance, risk management, dispute resolution, and the application of anti-pandemic technologies.

More than 200 representatives from 40 central SOEs attended online.

Ren Hongbin, Vice Chairman of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC), delivers a speech via video link at the opening session of the 5th Belt and Road Summit on Nov 30th. [Photo/sasac.gov.cn]

(Executive editor: Hao Wen)