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Mutual-beneficial and Win-win Cooperation for High-quality and Efficient Development---the Forum on the Third-Party Market Cooperation between China and Austria Held in Beijing

Time:2019-06-26
 

On 26 of April, During the Second Belt and Road Forum for International Cooperation and Chancellor Sebastian Kurz of Austria’s visit to China, the Forum on the Third-Party Market Cooperation between China and Austria was held in Beijing. The Forum was sponsored by the Department of Foreign Capital and Overseas Investment of NDRC and the Austria’s Embassy to China, and organized by ICC of NDRC. More than 40 companies and financial institutions of both sides attended the forum and discussions were held on the cooperation prospects and opportunities in the Third-Party market in such fields as infrastructure construction, energy and environment, financing and investment and etc. On 28 April, under the witness of leaders from both countries, NDRC and the Ministry of Digitalization and Economic Affairs of Austria signed the MOU on the Development of Third-Party Market Cooperation in Beijing. The Forum has set up a pragmatic communication platform for the establishment of the Third-Part Market cooperation mechanism of both countries.

Relevant personnel from the Department of Foreign Capital and Overseas Investment of NDRC said, Austria enjoys great advantages in equipment manufacturing, environment protection, engineering design, healthcare and etc. while Chinese companies have accumulated rich experience in such fields as infrastructure construction, energy exploration, equipment manufacturing and financing. Companies from both sides can give their respective advantages into full play and establish strategic cooperative relations to promote the implementation of cooperation projects while the financial and insurance institutions of both countries could provide project financing and financial services to them in line with business principles.

Vice Chairman of the Austria Chamber of Commerce said, the Austria side attaches great importance to the Third-Party Market cooperation with China. And local companies will participate in the Third-Party projects through various means, including the setup of consortiums, JVs and etc.

On 28 of April, under the witness of leaders from both countries, NDRC and the Ministry of Digitalization and Economic Affairs of Austria signed the MOU on the Development of Third-Party Market Cooperation in Beijing. The Forum was aimed at warming up the Third-Party Market cooperation mechanism between both countries. More than 40 companies and financial institutions of both sides attended the forum.

ICC, as the organizer of the Forum, will continue to bring its advantages into full play and work under the leadership of NDRC to implement the Third-Party Market cooperation mechanism so as to form a mutual-beneficial and win-win system for the Third-Party cooperation and promote more cooperation outputs.
The Forum on the Third-Party Market Cooperation between China and Austria Held in Beijing 

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