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2020.05.12
Agreement signing ceremony between Guian New Area, Yunyan District, Guiyang and Cedar Holdings

On May 11, an agreement signing ceremony between Guian New Area, Yunyan District, Guiyang and Cedar Holdings Group was held in Guiyang. Chen Yan, Deputy Secretary, Mayor of Guiyang Municipal Party Committee, Deputy Secretary of the Party Working Committee and Guian New Area Administration Committee, and King Cheung, Chairman of the Board of Cedar Holdings Group gave a speech and witnessed the signing of the agreement.





Also among the witnesses are Zhang Jibing, Deputy Secretary of the Party Working Committee of Guian New Area and Deputy Director of Guian New Area Administration Committee, Wang Xinqi and Zhao Bin, Vice Presidents of Cedar Holdings.  Xu Hao, Member of the Standing Committee of Guiyang Municipal Party Committee and Executive Vice Mayor host the signing ceremony. Tang Xinglun, Deputy Director of Guian New AreaAdministration Committee, Zeng Chiming, Chairman of the Board of Urban Renewal Management Centre of Cedar Industry Investment Group, and Yang Yufeng, General Manager of the Investment Development Centre of Cedar Industry Investment Group, respectively signed the agreement as representatives. Wang Chun, Vice Mayor of Guiyang, and Xu Junsong, Secretary General of the Guiyang Municipal Government also witnessed the signing of the agreement.





On behalf of Zhao Deming, Member of the Standing Committee of the Provincial Party Committee, Secretary of the Guiyang Municipal Committee, and Secretary of the Party Working Committee of the Guian New Area, Chen Yan welcomed King Cheung and his team and expressed his congratulation. According to Chen, Guiyang and Guian New Area are accelerating putting people's work and life back to normal with epidemic prevention and control as a matter of routine. This is also Guiyang and Guian's efforts to practice the principles from President Xi Jinping's major addresses and implement fully the guidelines of government in different levels. It is a good timing for Cedar Holdings, a commodities leader listed on Fortune Global 500 to join hands with Guiyang and Guian. This cooperation will help sync the development of businesses and local society as well as facilitate the integration of Guian and Guiyang. This agreement will come as a prelude to a task force for effective communication and rapid implementation of projects involved in the agreement. He also expected new cooperation covering more areas to come. Chen promised to give the maximum support through policies, services and guarantee measures to companies, aiming for mutually beneficial growth with win-win results.


According to King Cheung, Cedar Holdings is confident about its investment in Guiyang and Guian New Area. The company will tap into its demonstrated record of industrial resources clustering and integrated urban development in order to put in place the relevant projects as soon as possible and create more possibility of cooperation. Cedar Holdings will also contribute to infrastructure construction and industrial transformation & upgrade, setting a new example of cooperation between government and business.


According to the agreement, Cedar Holdings will build industry clusters and industrial parks that focus on technological innovation, creating jobs in service sectors and doing green business. What's more, Cedar Holdings plans to build Guiyang Cedar Centre where its commodities supply chain business will be operated from. In doing so, Cedar Holdings will create a pillar for new industry development of Guizhou and a source of economy growth in West China.


Article Courtesy of Guiyang Municipal People's Government Website and Guiyang Daily


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