0n 13 of June 2016, GMS Financial and Investment Cooperation Meeting was held in Kunming. Deputy Director General of Department of Commerce of Yunnan Province Mr. Liu Jing and Executive Chairman of China-ASEAN Business Council Mr.Xu Ningning attended the meeting and delivered speeches. Mr. Liu Jing said that GMS region enjoyed a great development potential. Enhancing cooperation in financial and investment in the region would help to relief the pressure of the outside economic downturn and have a positive meaning to promoting sub-regional cooperation. Mr. Xu pointed out that GMS countries were under a good developing momentum. Chinese enterprises should come to this region to seek more business opportunity. GMS countries should further deepen financial cooperation according to the Sanya Declaration during the first Lancang-Mekong Cooperation Leaders’ Meeting, to make sector cooperation and financial cooperation progress together and support one and another, to actively improve investment environment, to make full use of AIIB,Silk Fund and ASEAN-China Cooperation Fund so as to constantly push forward the GMS cooperation to a new phase and benefit sub-regional people.
Financial institutions, enterprises and research institutions representatives from China, Singapore, Myanmar discussed on issues such as financial facilitation, RMB internationalization, AIIB operation, financial and investment facilitating international capacity cooperation and energy cooperation. They hoped to strengthen communication among themselves and make further suggestions and advice to enterprises when they were expanding international market and to realize mutual benefit and win-win.
ACC Secretary-General H.E. Mme. Yang Xiuping was invited to the meeting and exchanged views with the guests about deepening ASEAN-China all-round functional cooperation.