Building bridges to win capital

East China's Jiangxi province attracted investors from the Guangdong-Hong Kong-Macao Greater Bay Area by holding a business-matching event in Shenzhen, Guangdong province earlier this month.

It was hosted by the Jiangxi government and organized by the State-owned Assets Supervision and Administration Commission of the province, the Jiangxi Federation of Industry and Commerce and Jiangxi's Department of Commerce. The event was part of a series of investment and trade cooperation and exchange activities that the province launched on June 10-14.

Some 200 corporate executives from Jiangxi and businesspeople from the Bay Area attended the business-matching event on June 11.It promoted the mixed-ownership reform of 78 State-owned enterprises in Jiangxi. The province presented 109 investment projects, seeking potential investors. With a combined investment value of 154.2 billion yuan ($22.41 billion), the projects' initiators included Jiangxi Copper Corp and Xinyu Iron and Steel Group.

Chen Deqin, director of the SASAC of Jiangxi province, said the province is making efforts to promote mixed-ownership reform. Some 73.5 percent of SOEs in the province have been involved in the reform, according to the commission.

Shenzhen is a central city of the Bay Area, gathering enterprises and professionals. It is an important destination to attract business to Jiangxi province, Chen said.

"With a positive, open and sincere attitude, we will introduce well-known enterprises and strategic investors to take part in Jiangxi's SOE reform and realize mutual benefit and a win-win situation," he said.

Jiangxi enjoys an industrial advantage with its unique natural resources, such as copper, tungsten, iron and steel, infrastructure and eco-friendly sectors.

Except for their State-controlled parent companies, SOEs' subsidiaries and their projects in Jiangxi are open to private capital. They are encouraged to integrate with digitalization, the internet and artificial intelligence.

In the meantime, the province encourages cooperation among regions, enterprises and departments to help the development of big enterprises and public welfare businesses.

Lin Zelian, rotating president of the Shenzhen Chaoshan Junior Chamber of Commerce, said: "Jiangxi is actively implementing national development strategies and cooperating with the Bay Area."

"The projects presented at the event cover aviation, natural gas, chemicals, agriculture, finance, real estate, logistics and tourism," Lin said. "The event helps to build a bridge between us and SOEs in Jiangxi."

caoyingying@chinadaily.com.cn