BRUSSELS
Cory Joseph Pacers Jersey , Sept. 13 (Xinhua) -- Chinese companies were
encouraged by the Belt and Road initiative to go abroad and have provided
economic and social benefits in Central and Eastern Europe, Wang Mingtai, a top
executive of CEFC Group Europe company said in an interview with Xinhua.
A villa located in the six district of Prague was the former residence of Tomas Masaryk, the respected founding father and first President of
Czechoslovakia, now the clubhouse of CEFC China Energy Company Limited (CEFC) in
Czech Republic. When it was completed in
2015
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ceremony and presented a gift, a horseshoe, with a wish for Chinese companies to
go further.
Czech is a key location along the Belt and Road route and was one of the earliest countries in the region to sign the memorandum of understanding to
promote the Belt and Road initiative.
CEFC, a Chinese privately-owned Fortune Global 500 company has emerged as one of China's biggest investors in Czech, with the total investment of more than 14
billion yuan( 2.1 billion U.S. dollars). Inside four
years
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areas, including financial services, energy, manufacturing, aviation and
tourism
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Wang told reporter that in recent years, CEFC speed up overseas layout, aiming at Czech as a important strategic spot to serve national strategy and
expand its overseas interests.
A deal to take a 50 percent stake in Czech's J&T Finance Group was witnessed by the heads of the two countries in 2014. Since then, the company
found more and more business opportunities in Czech. "As the company's influence
expanded
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added.
Among CEFC's investments, the deals to buy a majority stake in brewer Pivovary Lobkowicz Group and the acquisition of the oldest Czech football club
SK Slavia Praha may seem like not the "most economical" choices as the two
entities are in financial distress.
The company made decisions for the respect of Czech culture and traditions. "Brewing and football are associated with Czech culture and lifestyle. So we
invested and saved the entities," Wang said.
"Our participation has brought the football club back to life. Local fans sincerely thanked
us
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help to narrow the distance between the Czechs and China."
With beer and football, CEFC will also actively create platforms for biliteral cultural exchanges to promote friendship and cooperation.
CEFC is the pioneer of investment in Czech. With the ongoing development of the Belt and Road initiative, more and more Chinese tourists and Chinese
enterprises are coming to
Czech
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"synergies" will continue to expand, Wang said.
China, Brunei to boost tiesChina-ASEAN Expo joined by exhibitors from countries along Belt and RoadFire drill held in S China's GuangxiAerial view of villages in N China's ShanxiChina, Pakistan air forces hold joint training exercisesPic story: Chinese grape and wine expertFarmers busy with farm work around Bailu across ChinaRural children take free lunch in SW China's GuizhouRIO DE JANEIRO, April 12 (Xinhua) -- Italy are set to finalize their World Cup preparations with a friendly against Fluminense on June 8.
The four-time Brazilian champions confirmed on Saturday that an official invitation has been sent by Italian football federation officials for the match
in Volta
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"We are looking at ticket sales and other details before we can sign a contract for the match to go ahead," Fluminense spokesman Ricardo Tenorio told
Brazilians sports news service Lancenet.
The match will be the last chance for Azzurri manager Cesare Prandelli to fine-tune his team before their opening World Cup match against England in
Manaus on June 14.
Fluminense are likely to be without Brazil's Fred and Diego Cavalieri as well as Edwin Valencia, who is expected to be in Colombia's World Cup squad.
IMPORTANCE OF THE BUSINESS TELEPHONE SYSTEM
The telephone system has been around for decades and it is critical to households and businesses. For
obvious reasons the telephone system is vital to business, it keeps you
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Due to the ever changing nature of technology both customer and business requirements change as technology
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Your business phone system is unable to grow alongside your business.
Your business telephone system has a lack of features.
Your enterprise has a system for each facility.
Poor or crackly voice calls.
Can't cope with large amounts of call volume.
Your telephone system is not compatible with VoIP.
Your system system will not support mobile telecommunications.
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