Xu Chen, Chairman of CGCC, President and CEO of Bank of China USA, said, “An efficient financial cooperation is key to realizing both countries’ full economic potential. We believe the opening up of Chinese bond and equity market and the implementation of the U.S. infrastructure plan would indeed create more opportunities to benefit the two economies.”
Ma Jun, Chief Economist of PBOC’s Research Bureau, Xiao Yuqiang, Chairman of US Management Committee of Industrial and Commercial Bank of China (ICBC) and Vice Chairman of CGCC participated in a panel on investing in China’s bond market, now the third largest in the world. They were joined by senior representatives from BlackRock, Bloomberg and Vanguard. In another panel, experts from Bank of China, China International Capital Corporation (CICC), Goldman Sachs Asset Management and BlackRock discussed investment opportunities in China’s equity market.
Matt Bevin, Governor of the Commonwealth of Kentucky, spoke about the current situation of infrastructure investment in the U.S. and the outlook ahead.
Steven Roth and Richard LeFrak, who co-chair the President Trump’s New Council of Infrastructure Plan spoke about the new financing paradigm in U.S. infrastructure and the opportunities for global investors. The discussion was joined by senior officials from New York State government and C-level executives from China Construction America, China Communications Construction Company USA, JLC Infrastructure Fund, and Mayer Brown LLP.
CGCC presents sincerest thanks to Bloomberg L.P. and the National Governors Association (NGA) for making this event a success. Heartfelt thanks to CGCC members for their extraordinary participation.
Founded in 2005, the China General Chamber of Commerce – U.S.A. (CGCC) is a nonprofit organization representing Chinese enterprises in the United States. Our mission is to promote Chinese investment in the U.S., to support the legal rights and interests of our members, and to enhance cooperation between Chinese and U.S. business communities. The CGCC’s extensive membership includes numerous companies from both China and the United States, including 40 Fortune 500 companies.
The CGCC is the foremost representative of Chinese businesses in the United States.
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The National Governors Association (NGA) is the bipartisan organization of the nation’s governors. Through NGA, governors share best practices, speak with a collective voice on national policy and develop solutions that improve state government and support the principles of federalism.
Founded in 1908, NGA is one of Washington, D.C.’s most respected public policy organizations. Its members are the governors of the 55 states, territories and commonwealths. NGA provides governors and their senior staff members with services which include representing states on Capitol Hill and before the Administration on key federal issues and providing management and technical assistance to both new and incumbent governors.