2017 China-Iran Finance • Logistics Summit Forum Successfully Held in Shanghai
Update time: 2017-10-25

In this golden autumn of October with a rich perfume of sweet osmanthus, while the 19th National Congress of the Communist Party of China was held in Beijing, 2017 China-Iran Finance • Logistics Summit Forum was successfully held in Shanghai. This forum was sponsored by Worldwide Logistics Group collaboratively with the Bank of Kunlun, which invited Wang Zhixiong, Vice Chairman of All-China Federation of Industry & Commerce, Vice Chairman of the Chinese People’s Political Consultative Conference Shanghai Committee and Chairman of Shanghai Federation of Industry and Commerce, Li Shaoxian, Associate Dean of China Institutes of Contemporary International Relations and a Middle East expert, and Yu Shicheng, former President and Secretary of the Party Committee of Shanghai Maritime University and Vice Chairman of China Maritime Law Association to attend, and attracted more than 200 participants, including the top management of the China region of global famous shipping companies and elites in the fields of logistics and finance in China and Iran, to gather and participate in the great event.

Li Shaoxian, Associate Dean of China Institutes of Contemporary International Relations and a Middle East expert, gave a keynote speech

Yu Shicheng, former President and Secretary of the Party Committee of Shanghai Maritime University and Vice Chairman of China Maritime Law Association, gave a keynote speech

From the Silk Road to the Belt and Road, as two ancient civilizations both with a history of thousands of years, China has been the first largest trading partner of Iran for consecutive years, and Iran is also an important trading partner of China in pushing forward the Belt and Road Initiative in the Middle East. Moreover, after President Xi visited Iran last year, the relationship between our two countries has been upgraded to the comprehensive strategic partnership, and it is planned to expand our trade volume to 600 billion USD within 10 years. Against the background of the Belt and Road Initiative and the rapid growth of economic and trade relationships between China and Iran, it is a great challenge for Chinese capital and enterprises how Chinese enterprises can go out and go better. On this issue, through conversations with guests, business introduction and cooperation negotiations, Worldwide Logistics Group and the Bank of Kunlun made in-depth exchanges on the compliance requirements and professional solutions of Iran international logistics business, the account opening application and financial settlements of the Bank of Kunlun and many other questions, sharing our successful experience in our own fields to answer the questions and remove the doubts of guests attending the forum.

The Bank of Kunlun’s keynote speech

Worldwide Logistics Group’s keynote speech

Worldwide Logistics Group is the largest provider of integrated marine logistics services on the trade lanes from China to the Middle East, ranking No.1 with a market share of about 5.91% and developing far ahead of competitors. Since the lift of sanctions on Iran in January 2016, the number of ocean freight containers (westward) has shown a sharp increase. It increased by 48% in 2016 compared with that of 2015, and is expected to increase by 35.2% in 2017 compared with that of 2016. It is expected that the total container volume of Worldwide Logistics Group for China-Iran marine logistics will be about 23,900 TEUs in 2017, so Iran is the second largest destination country on the Middle East lanes, next to the UAE. Worldwide Logistics Group also cooperates with large airlines in the operation of whole cargo/passenger and cargo aircraft compartments, including Iran Airways, China Southern Airlines, Emirates, Etihad Airways and Mahan Air etc., and the business of Iran accounts for 25% of our Middle East airfreight business.

Iran single piece 800TON, methanol reactor, Zhangjiagang Jinlong Port project

Iran single piece 800TON, methanol reactor, Assaluyeh project

Iran BUPC Assaluyeh cooling tower project

The economic and trade cooperation between China and Iran is like a lotus just budding. As a new bridge for China-Iran cooperation, international logistics and finance services will surely serve as a more important tool in the future. The China-Iran Finance • Logistics Summit Forum held successfully injects great vitality and vigor into the widening and deepening of economic and trade cooperation between China and Iran, which will surely promote the continuous progress of such cooperation between our two countries.

<<Back