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Belt and Road Forum to Give Further Support to Chinese Energy Enterprises

YANTAI, China, Aug. 29, 2016 /PRNewswire/. Chinese energy enterprises need repositioning themselves for going out and conducting international cooperation on production capacity, Ian He, CEO of Jereh Group said Thursday at the International Energy Investment & Financing Cooperation Forum held in Yantai, China.

Photo - http://photos.prnewswire.com/prnh/20160827/401907

The forum is organized by China Chamber of Commerce for Import and Export of Machinery and Electronic Products (CCCME) and Jereh Group. The ambassadors and counselors of embassy in China from more than 10 countries such as Russia, Kazakhstan and Tajikistan presented their support of more participation of Chinese private enterprises in local projects. And the management of SINOSURE introduced the financial policy support and challenges for energy investment cooperation.

According to the report by World Bank in June, 2016, the global economic recovery continues but remains weaker than desirable. And the Belt & Road will provide it with a much needed boost. There are many preferential policies to encourage international investment in the countries along the new Silk Road with different models. "They can help companies solve the financing bottlenecks and reduce business transaction costs of transnational business. For example, SINOSURE and Jereh Group have established a comprehensive strategic partnership to support their going out." said Mr. Chang, the general manager assistant of SINOSURE Shandong Branch.

And the Counsellor of Kazakhstan Embassy in China, Mr. Aimakhanov Abu-Talip, expressed in the keynote speech that the economic growth and investment climate will promote more bilateral cooperation between China and Kazakhstan.

"Private enterprises have advantages of efficiency and flexibility in mechanism, market response as well as operation & management, which will help achieve win-win cooperation. But we also should have a clear mind that Chinese enterprises including Jereh, still face challenges when going out, including the ability to do long-term planning, the ability to effectively control the risk and the ability to get identity recognition." said Ian, "we need a new position to get a broader room for growth."

About Jereh

As a global project developer and contractor, we deliver integrated solutions flexibly and efficiently (investment, financing and contracting) across the entire project life cycle. Now we have built advantages in the areas of oil and gas, power, infrastructure and environment: consulting, R&D, engineering, operation & maintenance as well as manufacturing.

For more information, welcome visit www.jereh.com.

CONTACT: Maya Shi, 86-535-6766713, media@jereh.com

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