Charles Rivkin welcomes and supports Greenland Group’s increased investments
On the morning of September 5, 2014 Assistant Secretary of State, Charles Rivkin met with Chairman and President of Greenland Group, Zhang Yuliang, together with five other Chinese entrepreneur delegates and held a CEO roundtable meeting exchanging ideas on how to jointly accelerate the development of China-US economic and trade relations and promote Asian-Pacific economic cooperation.
Charles Rivkin said in the meeting China-US relations, especially economic and trade relations had been through decades of rapid development and now is facing unprecedented opportunities for development. American government will adopt different measures to deepen and strengthen China-US relations and create a more equal and convenient competition environment for Chinese investors to significantly uplift Chinese investment in America. He pointed out his visit with Chinese entrepreneur delegates aimed at understanding the practical difficulties confronting Chinese investors in the process of investing in the US and discussing solutions and reaching consensus on relevant policies, believed to be of assistance in deepening and improving the economic communication between America and the Asia-Pacific region. After communicating with Zhang Yuliang on the development of Greenland Group in America, Charles Rivkin said Greenland is one of the outstanding enterprises in China and has successfully conducted a series of comprehensive developments in major cities including New York and Los Angeles, which has been creating dynamism for the development of economy, employment and public infrastructure. Mr Rivkin hoped that Greenland would increase its investment in America and achieve fruitful results.
In the meeting, Zhang Yuliang said since entering the American market in 2013, Greenland Group have developed several projects in major cities including New York and Los Angeles. The USD 1 billion invested in the La Metropolis project located in the downtown of Los Angeles was received well by the market in addition to the USD 6 billion invested in the New York Atlantic Yards project, the largest individual property development project in New York in the past 20 years and the largest property project invested by Chinese enterprises in the US. Mr Yuliang pointed out that through our investment in America, mutual benefits have been achieved between local cities and Greenland Group.
On one side, the investment promotes the development of local economy, improves the increase of local employment and enhances the functions of local cities. On the other side, through our “Going Global” strategy, Greenland Group gradually builds up its international image, explores new development opportunities and improves its capacity for global allocation of resources and business management. Mr Yuliang also noted that in the future years, the investment from developing countries into developed countries would increase at geometric rate among which Chinese investment would increase significantly as well. Given this trend, Greenland Group would attract increased attention in America and consequently raise its investment in America to increase its business and trade between China and America. Mr Yuliang also exchanged ideas on American immigration policies with Charles Rivkin at this meeting.
