On August 14, 2019, at the invitation of the independent director of CITIC Limited, Tao Yang, President of CITIC Construction, gave a special lecture to trainees of the Asian-African Institutes of International Law in Hong Kong. More than 40 diplomats and senior government officials from countries along the Belt and Road were present at the event.
The lecture is themed with CITIC Group Corporation and the Belt and Road Initiative. Tao Yao shared the development journey of the CITIC Group Corporation over the past 40 years and analyzed various challenges CITIC Group Corporation encountered in operating business in the countries along the Belt and Road and corresponding strategies in detail. He also used some specific projects as examples to illustrate the successful experience of the CITIC Group Corporation and CITIC Construction in the countries along the Belt and Road. That is, under the principle of extensive consultation, joint contribution and shared benefits, the CITIC Group Corporation and CITIC Construction bring together in an integrated way the resources and give full play to the advantages of group as a whole to deliver high-quality projects. In addition, they place importance on bringing benefits to the society and improve local livelihood, which manifests the responsibilities of a Chinese state-owned enterprise. The trainees and Tao Yang had in-depth exchanges and discussed potential cooperation opportunities. The participants have gained a lot from the lecture. For CITIC Group Corporation, it has also successfully presented its image.
The Asian Academy of International Law is a non-profit organization that provides international law dispute settlement mechanisms for mainland China, Hong Kong and countries along the Belt and Road. It works closely with the Chinese government and the government of the Hong Kong Special Administrative Region.