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PHNOM PENH Justin Reid Texans Jersey , April 24 (Xinhua) -- The Shenzhen Stock Exchange (SZSE)'s wholly owned subsidiary Shenzhen Securities Information Co., Ltd and the Bank of China Phnom Penh Branch jointly launched the China-Cambodia cross-border capital services platform and held its first road show event here on Monday.
Cambodian Deputy Prime Minister Yim Chhay Ly and Chinese Ambassador to Cambodia Xiong Bo presided over the launching ceremony.
The platform is aimed ""to facilitate the match-making of cross-border investment and financing projects and to promote cross-border capital formation,"" the press release said.
It added that the Shenzhen Securities Information Co., Ltd and the Bank of China Phnom Penh Branch would make efforts to connect the Chinese capital and Cambodian projects and to diversify cross-border financial service models through information display Benardrick McKinney Texans Jersey , road show events, interactive communication and public relation training.
According to the statement, the first road show hosted four Cambodian companies from traditional industries and innovative sectors, covering infrastructure construction Kevin Johnson Texans Jersey , industrial park development, culture and tourism, and Internet new media.
It added that around 100 Cambodian enterprise representatives attended the road show, while 30 professional investment institutions conducted interactive exchanges with the main venue at Shenzhen sub-venue through video connection.
SZSE's chairman Wu Lijun said the China-Cambodia cross-border capital services platform is based on ""Science & Technology SMEs Growth Roadmap Plan 2.0"" (Tech 2.0 Platform) Nick Martin Texans Jersey , co-sponsored by the Torch High Technology Industry Development Center and Ministry of Science and Technology of China, and operated by Shenzhen Securities Information Co., Ltd.
He said through video broadcasting systems on computers and mobile phone, the ""Tech 2.0 Platform"" organizes face-to-face road shows and provides live webcast solutions to match innovative projects with prospective investors beyond boundaries of time and location.
He added that the ""Tech 2.0 Platform"" has gathered around 4 Will Fuller V Texans Jersey ,000 certified professional investment institutions and over 2,000 quality tech projects nationwide with road shows performed on a daily basis.
""With economic, efficient, and transparent investment information sharing features Julien Davenport Texans Jersey , the platform helps to form an investment and financing eco-system of the private innovative tech companies,"" he said.
Sou Socheat, director general of the Securities and Exchange Commission of Cambodia, said that the platform was a new achievement born from the close relations between Cambodia and China under the Belt and Road Initiative.
""SZSE's debut in Cambodia truly reflects its confidence in the Cambodian stock market D'Onta Foreman Texans Jersey ,"" he said at the launching ceremony. ""Through the event today, I'd like to encourage more cooperation between the Cambodia Securities Exchange and the SZSE.""
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CANBERRA Zach Cunningham Texans Jersey , April 24 (Xinhua) -- The Australian government has announced it will pursue a free trade agreement (FTA) with China's Hong Kong Special Administrative Region in an attempt to secure further service export opportunities for Australian businesses.
Australia's Trade Minister Steve Ciobo said securing an FTA with the Hong Kong economy would ""strengthen the trading partnership"" with one of Australia's ""most significant"" trading partners.
Australia already has a zero tariff agreement with Hong Kong, however, the FTA would be aimed at securing easier access for ""services exports"" and ensure Hong Kong would remain open for Australian business.
Under the proposed deal, Australian businesses would be allowed to operate within the mega economy without establishing 'on-the-ground' operations within Hong Kong.
""With Asia's emerging middle class projected to grow from 600 million today to 3 billion by 2035 Deshaun Watson Texans Jersey , the potential for services exports is significant,"" Ciobo said Monday.
""Hong Kong is an important trade and investment partner for Australia, in its own right and as a global hub for the movement of capital and goods between the mainland and the rest of the world.""
""An FTA with Hong Kong would complement our FTA with China and further integrate the Australian economy with Asia.""
The trade minister said that Hong Kong has already been one of Australia's largest trading partners, and securing an FTA would ensure that Australia's relationship with the mega economy would remain strong.
""Hong Kong is Australia's leading business base in East Asia. More than 600 Australian businesses have a major presence there Tyler Ervin Limited Jersey ,"" Ciobo said.
""(The Hong Kong economy) was Australia's eighth largest export market, worth 8.31 billion U.S. dollars last financial year. Overall it was Australia's 12th largest trading partner, with total two-way trade in goods and services worth 11.56 billion U.S. dollars.""
""The (Australian government will continue to pursue) an ambitious trade agenda and more trade agreements to create more export opportunities for Australian businesses. More exports will create more Australian jobs.""
Ciobo said the government will this week ask businesses and members of the public to put forward submissions in relation to a free trade agreement proposal.
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