Company News/


CITICS Treasury Fund Invited to Guangxi Health Industry Trade Fair


On April 8, CITICS Treasury Fund attended the Guangxi Health Industry Trade Fair for Investment and Cooperation held in Nanning, the capital of Guangxi Zhuang Autonomous Region, by invitation. CITICS Treasury Fund's President, Mr. Deng Bin and a Beijing delegation, a total of 20 persons, were present in the Fair and made deep exchanges with leaders from Development and Reform Commission, Investment Promotion Bureau, Guangxi Beibu Gulf Investment Group Co., Ltd and other organizations in Guangxi.

    According to the 13th Five Year Plan for Health Care printed and distributed by the State Council (hereinafter referred to as "Plan"), accelerating health industry becomes one of major tasks for China to promote health China construction during the 13th Five Year Plan.

    According to relevant officials from Guangxi Development and Reform Commission, Guangxi will perform a three-year health industry initiative by using regional advantages and industrial features. According to the development goals described in Guangxi 3-year Special Initiative Plan in Health Industry (2017-2019), by 2020, the health industry size in Guangxi will reach RMB 400 billion. For this reason, Guangxi Government has established a project database covering 388 items of 6 industries, involving in a total investment amount over than RMB 200 billion.

    It is learned that Beijing delegation members are comprised of governmental officials experienced in government-enterprise connection, relevant staffs from financial institutions having performed many successful cases in health and medical care, and domestic famous enterprises with strong capital foundation and playing a new role in developing diversified business.

    Mr. Deng Bin expressed in the Fair that, with the high-speed development for nearly 4 decades after the introduction of reform and opening policy and China's new economic layout under the new normal, health industry becomes a new economic growth point gradually. In this Fair, CITICS Treasury Fund and its strategic partners have learned Guangxi's development determination and policy supports for health industry deeply and comprehensively through detailed exchanges with relevant heads from Guangxi government.

    Mr. Deng Bin also stated that the essence of finance is to serve real economy. CITICS Treasury Fund will actively follow national policies when selecting future investment field, focus on medical care industry, and explore cooperation opportunities to deeply participate in economic and social development of Guangxi Autonomous Region by keeping a good communication mechanism with relevant governmental bodies in Guangxi. CITICS Treasury Fund is actively exploring regions with long-term development potentials, and has established friendly strategic relationship with local governments through building enterprise-government cooperation platform and other diverse forms, to actively help local government of all levels accelerate industrial transformation and upgrading, push on modernized urban construction, provide more adequate and equal public services, while sharing local development achievements during promoting and serving real-economy development.