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Хуань Чжао
Zhao Huan
Chairman of the Board of Directors of the China Development Bank
Quotes
06.06.2019
SPIEF 2019
Banking Sphere. New Opportunities for Interaction in Industrial and Financial Spheres in the Context of the Russian-Chinese Integrated Energy Cooperation
Energy cooperation is an important part of a comprehensive strategic partnership and interaction between China and Russia. It is in the common interest of our two countries to further expand energy cooperation. Energy cooperation continues to develop successfully in various fields, including coal, oil, and gas. It plays an important role in improving the welfare of the population and in socio-economic development
06.06.2019
SPIEF 2019
Banking Sphere. New Opportunities for Interaction in Industrial and Financial Spheres in the Context of the Russian-Chinese Integrated Energy Cooperation
It is necessary to facilitate trade in energy resources by increasing the use of national currencies. This will make it possible to reduce costs and increase regional energy security. Both sides should improve the corresponding infrastructure mechanisms in order to carry out pricing, accounting, and payments in national currencies
06.06.2019
SPIEF 2019
Banking Sphere. New Opportunities for Interaction in Industrial and Financial Spheres in the Context of the Russian-Chinese Integrated Energy Cooperation
Comprehensive financial services need to be provided through innovations in the financial sector in order to meet the need for diverse financing at different stages of the energy production chain