Mr.Xu Ningning visited Lanxi City

On May 28th, Xu Ningning, Executive President of the China-ASEAN Business Council and Chairman of the RCEP Industry Cooperation Committee, was invited to visit Lanxi City and had a discussion with Mayor Wang Xinfeng and Chairman of Red Lion Holding Group Zhang Xiaohua.

Lanxi City is a national garden city, a provincial civilized city, and one of the earliest excellent tourist cities in China; it is one of the important industrial cities in the middle and western part of Zhejiang, China's textile industry base, China's famous textile city, and China's natural plant medicine advanced manufacturing base , China Cement Industry Base; It is the first Zhejiang Province famous food city and the first Chinese food and culture city in Jinhua area. It is also the hometown of orchids, bayberry, bee and yellow wax stone in China. Mayor Wang Xinfeng said that Lanxi City is vigorously advancing the new development of the "dual cycle" economy and hopes to increase cooperation with the China-ASEAN Business Council to jointly promote the development of Lanxi City and the economic and trade complementarity of ASEAN.

Red Lion Holding Group Co., Ltd., headquartered in Lanxi City, has invested in large-scale cement enterprise projects in Laos, Indonesia and other countries. It is the largest overseas investment company in Jinhua and Lanxi City. Red Lion Holdings Group is one of the top 500 Chinese enterprises, the top 500 private enterprises in China and one of the 12 nationally supported large-scale cement companies. It has three major sectors: cement, environmental protection, finance and financial investment. As of the end of 2020, the total assets are 62.5 billion yuan, the profit will be 8.5 billion yuan in 2020, and the tax will be 3.4 billion yuan. Group Chairman Zhang Xiaohua said that Red Lion is deeply plowing the ASEAN market.

During the discussion, Xu Ningning put forward relevant suggestions on the development of Lanxi City's economic and trade cooperation with ASEAN countries, and the investment and development of Red Lion Holdings Group in ASEAN countries. The two sides had active exchanges.

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