Forum Macao News

Permanent Secretariat of Forum Macao visits financial institution to learn about new models of financial cooperation

The Secretary-General of the Permanent Secretariat of the Forum for Economic and Trade Co-operation between China and Portuguese-speaking Countries (Macao), Ms Xu Yingzhen, led a delegation on a visit to ChongWa (Macao) Financial Asset Exchange Co Ltd (MOX) on March 6. The visitors were warmly welcomed by MOX executives, namely the company’s President and Chairman, Mr Zhang Weichun; and its Vice-Presidents Ms Ruan Tianxune and Ms Xiao Hua.

A seminar involving representatives from both sides took place on the same day, to discuss new financial cooperation models between China and Portuguese-speaking Countries. Such cooperation would help seize fresh opportunities arising from the “Belt and Road” initiative and the development of the “Guangdong-Hong Kong-Macao Greater Bay Area”.

During the seminar, MOX’s representatives gave brief background information on the company, its scope of work, and its new business models and procedures. Both sides also exchanged views on, respectively: issues regarding attracting companies from Portuguese-speaking Countries to conduct business in China; provision of financial services to entities from Portuguese-speaking Countries; ways to boost Macao’s financial services industry; how to support the development of Forum Macao and strengthen cooperation between China and Portuguese-speaking Countries in the financial sector.