Place:ICC, Level 1, Dong Yu Grand Ballroom C Time:13:15 - 14:30 Description:
-When economy goes down, surplus production capacity stands out as a problem. One solution is to transfer surplus capacity to countries short of and badly in need of such capacity. The Chinese government says this is a win-win solution for China (surplus capacity is utilized) and for recipient countries (more investment, more jobs, more GDP and taxes) alike, and pledge to transfer environment-friendly capacities only.
-China has tried a number of cooperation models. For example,China and France agreed to pool together French technologies (which are advanced) and Chinese equipment (which are cost-effective) to set up shop in a third country. Instead of exporting goods to Kazakhstan, China will move factories and production lines to Kazakhstan and produce such goods locally, which is most welcome for Kazakhstan as this brings jobs, higher income for local people and taxes for the government.
-Setting up industrial parks to accommodate such cooperation:challenges, experiences and lessons
-Financing arrangements