BRI

BRI helps Xiamen soar

Retrieved on: 
Thursday, November 2, 2023

Xiamen in Fujian province, located at the starting point of the Maritime Silk Road, has been actively participating in the Belt and Road Initiative (BRI).

Key Points: 
  • Xiamen in Fujian province, located at the starting point of the Maritime Silk Road, has been actively participating in the Belt and Road Initiative (BRI).
  • Trade between Xiamen and BRI countries has increased from $24.8 billion to $50.9 billion in the past decade, with an average annual growth rate of 8.3 percent.
  • Total foreign trade between Xiamen and BRI countries reached 330.79 billion yuan ($45.22 billion) in 2022, a 12 percent increase compared to the previous year.
  • In 2018, Xiamen launched the Silk Road Maritime project, a new logistics facilitation platform aiming to boost transportation between China and countries along the Maritime Silk Road.

The Sixth CIIE is ready to welcome the world

Retrieved on: 
Friday, November 3, 2023

Some 1,500 small and medium-sized enterprises (SMEs) will also be showcasing their products at the event.

Key Points: 
  • Some 1,500 small and medium-sized enterprises (SMEs) will also be showcasing their products at the event.
  • As an integral part of the CIIE, this year's Hongqiao International Economic Forum will focus on global openness, green development, digital economy and smart technologies.
  • Authoritative reports, including the World Openness Report 2023, will also be released during the forum.
  • Join us and reap your benefits at CIIE 2023 & CIIE 2024 where opportunities await!

The Sixth CIIE is ready to welcome the world

Retrieved on: 
Friday, November 3, 2023

Some 1,500 small and medium-sized enterprises (SMEs) will also be showcasing their products at the event.

Key Points: 
  • Some 1,500 small and medium-sized enterprises (SMEs) will also be showcasing their products at the event.
  • As an integral part of the CIIE, this year's Hongqiao International Economic Forum will focus on global openness, green development, digital economy and smart technologies.
  • Authoritative reports, including the World Openness Report 2023, will also be released during the forum.
  • Join us and reap your benefits at CIIE 2023 & CIIE 2024 where opportunities await!

Canada Infrastructure Bank welcomes the creation of the Ontario Infrastructure Bank

Retrieved on: 
Thursday, November 2, 2023

TORONTO, Nov. 2, 2023 /CNW/ - Ehren Cory, CEO, Canada Infrastructure Bank (CIB), issued the following statement in response to the creation of the Ontario Infrastructure Bank announced today in the Ontario Government's Fall Economic Statement:

Key Points: 
  • TORONTO, Nov. 2, 2023 /CNW/ - Ehren Cory, CEO, Canada Infrastructure Bank (CIB), issued the following statement in response to the creation of the Ontario Infrastructure Bank announced today in the Ontario Government's Fall Economic Statement:
    "Today's announcement that the Government of Ontario will create an Ontario Infrastructure Bank (OIB) is a positive step forward in getting even more infrastructure built in the Province.
  • Ontario isn't alone; there are a growing number of infrastructure bank-like organizations globally that are focused on creating innovative partnerships between public and private organizations for the purpose of accelerating public-good infrastructure.
  • The Canada Infrastructure Bank (CIB) is pleased to have consulted with Ontario's Ministry of Finance and the Ontario Financing Authority on our approach to accelerating Canadian infrastructure.
  • We look forward to working together to build more of the infrastructure needed to get Ontario moving."

Credit Surges by 12.53%, BRI's Profit Soars to IDR 44.21 Trillion in 9 Months

Retrieved on: 
Wednesday, November 1, 2023

(IDX: BBRI) grew by 9.93% to IDR 1,851.97 trillion, net profits increased by 12.47% to IDR 44.21 trillion, and credit disbursement rose by 12.53% to IDR 1,250.72 trillion in the first nine months of 2023.

Key Points: 
  • (IDX: BBRI) grew by 9.93% to IDR 1,851.97 trillion, net profits increased by 12.47% to IDR 44.21 trillion, and credit disbursement rose by 12.53% to IDR 1,250.72 trillion in the first nine months of 2023.
  • BRI's entire credit portfolio grew, with MSME loans up by 11.01% from IDR 935.86 trillion in Q3 2022 to IDR 1,038.90 trillion in Q3 2023, now accounting for 83.06% of the total credit.
  • Furthermore, the bank's commitment to ESG principles is shown by an 11.89% growth in ESG-related loans, totaling IDR 750.91 trillion, making up 66.1% of the credit portfolio.
  • Maintaining credit quality lowered Credit Cost to 2.44% in Q3 2023, with Non-Performing Loan Coverage at 228.65%.

Chairman Cheah Chuyan Yong Leads 12th World Chinese Economic Forum to Ignite Global Growth and Empowerment

Retrieved on: 
Tuesday, October 31, 2023

KUALA LUMPUR, Malaysia, Oct. 31, 2023 /PRNewswire/ -- The International Strategy Institute (ISI) is proud to announce the commencement of the 12th World Chinese Economic Forum (WCEF), an event themed 'Harmonising Mutual Success Through Global Connectivity: Advancing Chinese Economic Development'.

Key Points: 
  • KUALA LUMPUR, Malaysia, Oct. 31, 2023 /PRNewswire/ -- The International Strategy Institute (ISI) is proud to announce the commencement of the 12th World Chinese Economic Forum (WCEF), an event themed 'Harmonising Mutual Success Through Global Connectivity: Advancing Chinese Economic Development'.
  • With a legacy spanning a decade, WCEF is a dynamic hub where government and corporate leaders convene, entrepreneurship, employment growth and create a Global Corridor for economic prosperity, all while Empowering a Business Growth Mindset.
  • ISI, guided by Chairman Cheah Chuyan Yong, remains committed to stimulating dialogue surrounding China's evolving role in the global arena.
  • CY Leung, showcased the depth of discussions and the forum's global impact, emphasizing the importance of Empowerment and Building Relationships in the economic landscape.

Xiamen Airlines Launches Fujian's First Flight Route to Doha

Retrieved on: 
Tuesday, October 31, 2023

XIAMEN, China and DOHA, Qatar, Oct. 31, 2023 /PRNewswire/ -- On October 31, Xiamen Airlines officially launched the Xiamen-Doha flight route.

Key Points: 
  • XIAMEN, China and DOHA, Qatar, Oct. 31, 2023 /PRNewswire/ -- On October 31, Xiamen Airlines officially launched the Xiamen-Doha flight route.
  • As the largest airline headquartered in Xiamen, Xiamen Airlines has launched routes from Xiamen to 21 international cities such as Los Angeles, Paris, and Tokyo, and established an international flight network that extends to North America, Europe, Oceania, and Asia.
  • Moreover, Xiamen Airlines also boasts a well-developed domestic flight network that caters to 52 domestic cities with a daily average of more than 170 inbound and outbound flights.
  • The flight to Doha departs from Xiamen at 0:05 (GMT+8) and arrives at 5:00 (local time), and the return flight departs at 19:30 (local time) from Doha and arrives in Xiamen at 7:55 (GMT+8) on the next day morning.

Celebrating the 10th Anniversary of the Belt and Road Initiative: Tsinghua University Highlights Roles of Tsinghua People in Promoting Global Development

Retrieved on: 
Monday, October 30, 2023

Zhao Kejin, Professor and Deputy Dean of the School of Social Sciences of Tsinghua University, was among the faculty members who were engaged in the early development of BRI.

Key Points: 
  • Zhao Kejin, Professor and Deputy Dean of the School of Social Sciences of Tsinghua University, was among the faculty members who were engaged in the early development of BRI.
  • He and his colleagues participated in meetings organized by relevant ministries and commissions and provided insightful input to the government through reports.
  • Shi Zhiqin, Executive Dean of Belt and Road Institute, Tsinghua University, explained the role of the University as a "policy advisor" that undertakes major research and works in collaboration with China's leading think tanks to guide the BRI's strategic development.
  • She conducted research in the underserved regions of Thailand, an experience that sparked her aspiration to become a "global civil servant".

Celebrating the 10th Anniversary of the Belt and Road Initiative: Tsinghua University Highlights Roles of Tsinghua People in Promoting Global Development

Retrieved on: 
Monday, October 30, 2023

Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9220851-tsinghua-university-high...

Key Points: 
  • Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9220851-tsinghua-university-high...
    The interviews are part of an initiative launched by the Belt and Road Institute of Tsinghua University to celebrate the 10th anniversary of the BRI in 2023.
  • Zhao Kejin, Professor and Deputy Dean of the School of Social Sciences of Tsinghua University, was among the faculty members who were engaged in the early development of BRI.
  • He and his colleagues participated in meetings organized by relevant ministries and commissions and provided insightful input to the government through reports.
  • She conducted research in the underserved regions of Thailand, an experience that sparked her aspiration to become a "global civil servant".

"Magic Seeds" Telling a Story of Chinese Hybrid Rice in a New Way

Retrieved on: 
Friday, October 27, 2023

This year marks the 10th anniversary of the Belt and Road Initiative (BRI).

Key Points: 
  • This year marks the 10th anniversary of the Belt and Road Initiative (BRI).
  • The 3.52-minute film tells a story about a rice seed setting off on a journey of seeking seed heroes and met hybrid rice seeds in the BRI cooperation participating countries.
  • The film went viral after being released on major media and social networking platforms and received a lot of positive feedback.
  • As of press time, Magic Seeds has been an entry of the 2023 International Creativity Competition, a major part of the 2023 China International Public Service Advertising Conference.