Zheng Wantong, Vice Chairman of the 11th National Committee of the Chinese People's Political Consultative Conference (CPPCC) and President of the China International Council for the Promotion of Multinational Corporations (CICPMC), and Lin Jun, Chairman of the All-China Federation of Returned Overseas Chinese, attended the opening ceremony.
Together with leaders including Zheng Wantong
and Lin Jun, Chairman He Wenbo
kicked off the Roundtable and delivered a keynote speech at the Roundtable.
Wenbo pointed out there had been profound changes in the current global economic situation, particularly in terms of the following three issues: first, facing a new round of adjustments in the global industrial layout, countries are promoting industrial upgrading and transfer as their dominant strategy for a long time to come; second, as the mode to allocate global resource elements has been fully transformed, countries will no longer have a clear division of factor endowments, but will play a leading role in their own resources integration and allocation; third, with restructuring of the world's economic and trade rule system, regional free-trade areas are gradually replacing the WTO to become a major player in the establishment of rules for future global economic cooperation.
Wenbo believed that in a new era of growing economic globalization, investment will replace trade to become a major player in globalization, truly ushering the world in an era of borderless capital.
As countries attach greater importance to industrial capital, multinationals will play a more important role on the global stage and help lead to the historical stage of borderless operations.
offered the following three recommendations for multinationals: first, to pursue the business philosophy of globalization; second, to establish a globally uniform standard of conduct; third, to treat the relationship between cooperation and competition from a global perspective.
concluded that with 40% of its assets allocated overseas, Minmetals
is willing to join hands with global players to further deepen cooperation and make greater efforts to promote the development and integration of Chinese economy into the world's economy.
speech was well received by those present at the Roundtable.
At the Roundtable, He Wenbo
was awarded the title of Leader of Multinational Mining Corporation
2015 and Minmetals
was awarded the title of Leadership of Multinational Mining Corporation