Frankfurt a.M. / Germany, September 16, 2017 – China Europe International Exchange AG (CEINEX) and the Research Institute of Machinery, Industry, Economy & Management (RIMIEM) signed a Memorandum of Understanding in Beijing to enhance mutual cooperation in the areas of Sino-German manufacturing industry and financial markets research. The cooperation aims to promote how financial markets can enhance the mutual real economy development. While initially catering for “Made in China 2025” and Germany`s “Industry 4.0” this is aimed at supporting manufacturing industry development in global markets.
Mr. XU Donghua, Dean of RIMIEM, commented: “Manufacturing Industry, especially equipment manufacturing industry, has become the new engine of China's economic development. In response to the Belt & Road Initiative, RIMIEM founded China & Germany Manufacturing and Capital Market Research Center of Powerful Nation Strategy Institute to promote the progress of Chinese equipment manufacturing worldwide, especially, the cooperation between China and Germany. Today, our institute signed the Memorandum of Understanding (MoU) with CEINEX, to explore the technical cooperation by leveraging the European financial platform, thus to facilitate the transformation and upgrading of China’s manufacturing industry.”
“The strategic concepts of “Made in China 2025” and Germany’s “Industry 4.0” echo to each other”, said Dr. CHEN Han, Co-CEO of CEINEX, “As the offshore platform for Chinese investment vehicles located in the heart of Germany’s financial center Frankfurt, CEINEX can leverage the financial support to serve the real economy throughout Europe and China as well as along the Belt & Road Initiative. CEINEX is pleased to tighten its cooperation with the renowned Chinese Research Institute of Machinery, Industry, Economy & Management. Working together with other financial institutions and centers we can provide diversified support to Chinese enterprises who aim to expand their international business in the two aspects of Belt & Road infrastructure provision as well as in strengthening the collaboration of the real economies between China and Europe.”
About Research Institute of Machinery, Industry & Management
The Research Institute of Machinery Industry Economic & Management (RIMIEM) was established in 1982 and approved by the Central Office of the State Council SASAC as first-class public institution. RIMIEM is committed to promote the transformation and upgrading of China’s manufacturing equipment industry, help to build China’s manufacturing industry into a world power, conduct economic management research and promote enterprise management progress by providing management consulting services for the government, industry and enterprises. RIMIEM research team is composed of domestic and foreign well-known scholars and experts, and serves as an important think tank for the thirteenth Five-Year Plan of China.
About China Europe International Exchange AG (CEINEX)
Based in Frankfurt am Main, Germany, CEINEX is a joint venture established by Shanghai Stock Exchange, Deutsche Börse Group and China Financial Futures Exchange. As the first platform for RMB- and China-related products in the offshore market, it acts as a unique bridge between the Chinese and international financial markets. CEINEX is dedicated to provide reliable offshore RMB- and China-related financial instruments to investors, so as to promote RMB internationalization.
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China Europe International Exchange AG (CEINEX)
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