Silk Road Fund Company Completes Industrial And Commercial Registration

"The company completed business registration at the end of last year.

So far, the company's board of directors, board of supervisors and top management team have been completed, and the next step is to continue to improve the corporate governance structure, and will carry out substantive business as soon as possible.

Jin Qi, chairman of Silk Road Foundation Limited, disclosed the above information at a press conference of the three session of the twelve National People's Congress on 12 th.

President Xi Jinping announced last November that China will invest 40 billion US dollars to set up the Silk Road Fund.

The Silk Road Fund is open and welcomes the active participation of investors in and outside Asia.

"Silk Road Fund is a medium and long term development investment fund. We must serve the goal of interconnection and interconnection between the countries and regions along the" one belt and one road ".

Jin Qi pointed out that in the process of achieving this goal, four principles should be followed.

First, the principle of docking.

The investment of the Silk Road Fund must first link with the development strategy and planning of all countries, and look for investment opportunities in the process of "one belt and one road" development.

She pointed out that "one belt and one road" does not have strict geographical boundaries, so long as there is need for interconnection, the Silk Road Fund can participate in related projects.

Specifically, the Silk Road Fund will invest in infrastructure and energy development through a variety of investment and financing methods based on medium and long-term equity.

And financial cooperation.

The two is the principle of efficiency.

The funds come from different shareholders, including foreign exchange reserves, China Investment Corporation, import and export bank and China open bank. All these funds have corresponding RMB liabilities. Therefore, the Silk Road Fund is not an aid or donor fund. In operation, it must adhere to the principle of marketization, invest in profitable projects, achieve long-term and reasonable investment returns, and safeguard the rights and interests of shareholders.

The three is the principle of cooperation.

The Silk Road Fund is a medium and long-term development investment fund established according to the company law, not a multilateral development agency.

We must abide by the laws and regulations of China and the countries where it is invested, maintain the internationally prevailing market rules and international financial order, and pay attention to the development of green environment and sustainable development.

It points out that the advantage of the Silk Road Fund is that it can provide equity investment in the medium and long term, play a complementary role with other financial institutions at home and abroad, and provide more financing options for projects that can achieve stable and reasonable returns in the medium and long term through diversified investment and financing methods with equity, creditor's rights and loans.

The four is the principle of openness.

The Silk Road Fund is open, and after a period of operation, investors with common aspirations are welcome to join the Silk Road Fund or to cooperate at the sub fund level.

"We are also willing to cooperate with international and regional multilateral financial institutions, including the upcoming Asian infrastructure investment bank, as well as financial institutions such as opening, export, commercial banks, and China Africa Fund.

Jin Qi said.