May 17, before the launching of 2019 China (Langfang) International Economic & Trade Fair, Hebei CPPCC Chairman Ye Dongsong warmly met HBIS Duferco CEO Matthew De Morgan and his team in Langfang. They Discusses to take full advantage of Duferco international trade platform to push Hebei Belt & Road projects forward and assist the reform and upgrade of Hebei industries. Hebei NDRC, Department of Commerce and HBIS Duferco signed the Framework Agreement of Assisting Hebei Enterprises Entering Belt & Road Initiative.Langfang CPPCC Chairman Li Bo, Hebei NDRC Deputy Director Jia Letang, Hebei Department of Commerce Deputy Director An Jing, Hebei SASAC Deputy Director Li Guang, HBIS Vice President Liu Jian attended the event and witnessed the signing the of agreement.
Ye Dongsong emphasized that Hebei’s cooperation with Duferco was close, mutually complementary and beneficial. From the perspective of industry, either capacity, products or industrial chain, Hebei Province has its own great advantages and could provide material supports to Duferco businesses and growth and offer Duferco opportunities of expanding its businesses and participating Belt & Road project.The cooperation will also support the open and reform policy of Hebei Province. Over the years, the base material and equipment manufacturing of Hebei province have developed very well and the industries own the capital to carry out product promotion and technology services along the Belt & Road countries, in which HBIS Duforco has completed a strong service network. The company is familiar with the local legal systems and market needs and could provide great services to Hebei enterprises in their efforts in the Belt & Road projects. In this great endeavor, HBIS Duferco could merge into the Belt & Road Initiative and grasp this once a lift time opportunity.
Yu Yong said, to facilitate the Belt & Road Initiative, based on Duferco team, HBIS had incorporated the BRESCO project, making Duferco the Flag Ship along on the Belt & Road. The project has the potential to make an extraordinary development by providing trade, investment & financing, manufacturing and service network to the global market. The platform could support Hebei and even China’s enterprises to enter the world market and be dedicated to the Belt & Road Projects and inclusive development of world economy. Via this trade fair, HBIS Duferco, which is an HBIS international platform, could assist other Hebei enterprises to invest in Belt & Road counties and speed up their international production cooperation.
Morgan said that since the merger with HBIS, partners with different culture, languages had been working together very well. They understand and support each other and they are playing a very important role in the quest of HBIS becoming a globalized enterprise and the sustainable development of HBIS Duferco. The The merger now is a success case in Belt & Road Initiative. We wish we could duplicate our case to BRESCO to provide services to other industries of Hebei Province. We will be dedicated and bring more success to Hebei enterprises.
Witnessed by Ye Dongsong, Li Bo, Li Guang, Cheng Lei, Yu Yong, Liu Jian and Morgan, Jia Letang, An Jiang, and HBIS Duferco Asia Executive Director Su Bandu signed the agreement. The partners will play their part, share their resources,complement each other and build an investment & service platform, an international trade service platform and an investment consultant service platform along the Belt & Road countries. With their coordinated efforts, their projects will give Hebei economy new opportunities.