{"id":3486,"date":"2018-04-18T13:32:09","date_gmt":"2018-04-18T17:32:09","guid":{"rendered":"https:\/\/www.bloomberg.com\/company\/press\/2018-international-finance-and-infrastructure-cooperation-forum\/"},"modified":"2019-08-23T03:26:33","modified_gmt":"2019-08-23T07:26:33","slug":"2018-international-finance-and-infrastructure-cooperation-forum","status":"publish","type":"press","link":"https:\/\/www.bloomberg.com\/company\/press\/2018-international-finance-and-infrastructure-cooperation-forum\/","title":{"rendered":"2018 International Finance and Infrastructure Cooperation Forum Held at Bloomberg Headquarters in New York"},"content":{"rendered":"
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New York, April 18, 2018 \u2013 The 2018 International Finance and Infrastructure Cooperation Forum was held at Bloomberg\u2019s headquarters in New York today. The forum, co-hosted by Bloomberg L.P. and China General Chamber of Commerce \u2013 U.S.A. (CGCC), convened top Chinese and U.S. government officials, and over 300 senior business executives and financial professionals to discuss investment trends in China\u2019s bond and equity markets, and cooperation in U.S. infrastructure. Song Xiangyan, Chief Representative for the Americas, People\u2019s Bank of China, attended the forum and delivered keynote speech on international finance cooperation.<\/p>\n

In its second year, the International Finance and Infrastructure Cooperation forum provides a high-level platform for companies in the U.S. and China to exchange perspectives, amid the backdrop of the escalating trade spat between the U.S. and China.<\/p>\n

\u201cThis forum comes at a critical juncture in the U.S. as leaders in Washington are considering new trade policies that would hamper economic growth and strain ties with nations around the world, including China,\u201d said Michael R. Bloomberg, Founder of Bloomberg L.P. \u201cThe U.S. and China are closely interconnected and each country has a strong stake in the economic prosperity of the other. Cooperation between the U.S. and China is critical to meeting all of the challenges facing our world, from economic growth and trade, to security and climate change.\u201d<\/p>\n

Song Xiangyan, Chief Representative for the Americas, People\u2019s Bank of China, introduced new measures of China\u2019s financial sector reforms, \u201cThe recent reform and opening-up measures in the Chinese financial sector will open new windows for the foreign investors to expand their business in China.\u201d<\/p>\n

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Song Xiangyan, Chief Representative for the Americas, People\u2019s Bank of China delivers a keynote speech at the forum.<\/p>\n<\/div>\n

\u201cThis requires each and every one of us to take a \u2018global and multilateral\u2019 approach to build bridges and resolve our differences by seeking practical solutions,\u201d said Xu Chen, Chairman of CGCC, President and CEO of Bank of China USA.<\/p>\n

Senior executives from Kranshares, Bloomberg, Vanguard, and Standard Chartered participated in a panel on investing in China\u2019s bond market. In another panel, experts from UBS, MSCI, Sigma Capital Management and Bank of China International discussed the investment opportunities and challenges in China\u2019s equity market.<\/p>\n

Anthony Foxx, United States Secretary of Transportation from 2013 to 2017 and Managing Partner & Founder of Related Infrastructure, delivered a keynote speech on the policy, practicality and innovative opportunities in infrastructure development.<\/p>\n

At the two panels on infrastructure, officials from states government, representatives from leading infrastructure companies and real estate companies discussed the new financing paradigm of modern infrastructure in a global economy and infrastructure cooperation. Yuan Ning, Chairman and President of China Construction America and Vice Chairman of CGCC; Yi Luping, President of China Communications Construction Company USA and Executive Board Director of CGCC, senior executives from Loop Capital, Stonepeak, American Infrastructure MLP Funds, the Carlyle Group; Ali Chaudhry, Deputy Secretary for Transportation to Governor Andrew M. Cuomo; and Susan Shaw, Megaprojects Director of Northern Virginia District, Virginia Department of Transportation shared their respective experiences, the challenges and opportunities and views on the outlook of the infrastructure industry.<\/p>\n

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Panel on investing in China bond market<\/p>\n<\/div>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n

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About Bloomberg<\/p>\n

Bloomberg, the global business and financial information and news leader, gives influential decision makers a critical edge by connecting them to a dynamic network of information, people and ideas. The company\u2019s strength \u2013 delivering data, news and analytics through innovative technology, quickly and accurately \u2013 is at the core of the Bloomberg Terminal. Bloomberg\u2019s enterprise solutions build on the company\u2019s core strength: leveraging technology to allow customers to access, integrate, distribute and manage data and information across organizations more efficiently and effectively. For more information, visit Bloomberg.com\/company or request a demo.<\/p>\n

About CGCC<\/p>\n

Founded in 2005, the China General Chamber of Commerce-USA (\u201cCGCC\u201d) has been recognized as the largest and most influential non-profit organization representing Chinese enterprises in the US. Its membership consists of 1,500 Chinese and US companies, 58 of which are ranked on the 2017 Fortune Global 500. CGCC’s mission is to create value, generate economic growth and enhance cooperation between US and Chinese business communities. As of 2017, CGCC Chinese member companies have cumulatively invested over $120 billion and directly employ more than 200,000 and indirectly support over 1,000,000 people throughout the US.<\/p>\n

CGCC is a nationwide organization and includes CGCC-New York (CGCCUSA-HQ), CGCC-Washington D.C., CGCC-Chicago, CGCC-Los Angeles, CGCC-San Francisco, and CGCC-Houston.<\/p>\n

Media Contacts:<\/p>\n

Bloomberg
\nIrene Gu, igu3@bloomberg.net, +86-10-6649-7535<\/p>\n

CGCC
\nSherry Qu, yuan.qu@cgccusa.org, +1 917-833-9777<\/p>\n

\u00a0<\/strong><\/p>\n\n<\/div>\n\n\n<\/div>\n\n\n\t\t\n\t<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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