{"id":2148,"date":"2021-10-30T10:13:00","date_gmt":"2021-10-30T10:13:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/3557728_AE57728_0"},"modified":"2021-10-30T10:13:00","modified_gmt":"2021-10-30T10:13:00","slug":"china-sco-local-economic-cooperation-demonstration-zone-in-qingdao-ushers-in-the-first-overseas-investment-fund","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=2148","title":{"rendered":"China-SCO Local Economic Cooperation Demonstration Zone in Qingdao ushers in the first overseas investment fund"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/1245709\/Qingdao_Logo.jpg?p=medium600 \" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><span class=\"xn-location\">QINGDAO, China<\/span>, <span class=\"xn-chron\">Oct. 30, 2021<\/span> \/PRNewswire\/ &#8212; At the 2021 China-SCO Countries Financial Cooperation and Capital Market Development Forum that opened in Jiaozhou, <span class=\"xn-location\">Qingdao<\/span> on <span class=\"xn-chron\">Oct 28<\/span>, the China-Shanghai Cooperation Organization Demonstration Zone for Local Economic and Trade Cooperation, which is located in the Jiaozhou Economic and Technological Development Zone, ushered in the first overseas investment fund.<\/p>\n<div spellcheck=\"true\" id=\"prni_dvprnejpgcc6dleft\" dir=\"ltr\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/1674167\/Stadt_Qingdao_1.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpgcc6dleft\" title=\"2021 China-SCO Countries Financial Cooperation and Capital Market Development Forum\" border=\"0\" alt=\"2021 China-SCO Countries Financial Cooperation and Capital Market Development Forum\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnasia.com\/media2\/1674167\/Stadt_Qingdao_1.jpg?p=medium600\"><\/a> <br \/><span>2021 China-SCO Countries Financial Cooperation and Capital Market Development Forum<\/span> <\/div>\n<p>The fund is the first QDLP fund under <span class=\"xn-location\">Qingdao&#8217;s<\/span> Qualified Domestic Limited Partnership (QDLP) scheme. QDLP is a pilot program developed by Chinese local authorities for the purpose of facilitating cross-border asset allocation. It allows global asset managers to raise Renminbi from investors in <span class=\"xn-location\">China<\/span> to invest in overseas traditional and alternative assets such as hedge funds, private equity funds, and REITs. <span class=\"xn-location\">Qingdao<\/span> has been assigned a quota of <span class=\"xn-money\">US$ 3 billion<\/span> for piloting the QDLP scheme.<\/p>\n<p>The China-SCO local economic cooperation demonstration zone will run the fund in collaboration with Sino-Russian Energy Investment Private Equity Fund Management (<span class=\"xn-location\">Qingdao<\/span>) Co Ltd. At the forum, it also signed agreements with <span class=\"xn-location\">Kazakhstan&#8217;s<\/span> Astana International Financial Centre, CICC Capital and other domestic and overseas capital management organizations to launch cooperation in promoting cross-border capital flows.<\/p>\n<p>Contact\uff1aZhu Yiling<br \/>Tel.\uff1a0086-532-85911619<br \/>Website\uff1a<a target=\"_blank\" href=\"http:\/\/www.qingdaochina.org\/\" rel=\"nofollow noopener\">http:\/\/www.qingdaochina.org<\/a>&nbsp; <br \/>Facebook\uff1a<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/qingdaocity\" rel=\"nofollow noopener\">https:\/\/www.facebook.com\/qingdaocity<\/a> <br \/>Twitter\uff1a<a target=\"_blank\" href=\"https:\/\/twitter.com\/loveqingdao\" rel=\"nofollow noopener\">https:\/\/twitter.com\/loveqingdao<\/a><\/p>\n<div id=\"prni_dvprnejpg3166left\" dir=\"ltr\"> <a href=\"https:\/\/mma.prnasia.com\/media2\/1674168\/Stadt_Qingdao_2.jpg?p=medium600\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" id=\"prnejpg3166left\" title=\"Signing ceremony at 2021 China-SCO Countries Financial Cooperation and Capital Market Development Forum\" border=\"0\" alt=\"Signing ceremony at 2021 China-SCO Countries Financial Cooperation and Capital Market Development Forum\" align=\"middle\" imagelabel=\"General\" src=\"https:\/\/mma.prnasia.com\/media2\/1674168\/Stadt_Qingdao_2.jpg?p=medium600 \"><\/a> <br \/><span>Signing ceremony at 2021 China-SCO Countries Financial Cooperation and Capital Market Development Forum<\/span> <\/div>\n<p>Photo &#8211; <a target=\"_blank\" href=\"https:\/\/mma.prnasia.com\/media2\/1674167\/Stadt_Qingdao_1.jpg?p=medium600\" rel=\"nofollow noopener\">https:\/\/mma.prnasia.com\/media2\/1674167\/Stadt_Qingdao_1.jpg?p=medium600<\/a> <br \/>Photo &#8211; <a target=\"_blank\" href=\"https:\/\/mma.prnasia.com\/media2\/1674168\/Stadt_Qingdao_2.jpg?p=medium600\" rel=\"nofollow noopener\">https:\/\/mma.prnasia.com\/media2\/1674168\/Stadt_Qingdao_2.jpg?p=medium600<\/a> <br \/>Logo &#8211; <a target=\"_blank\" href=\"https:\/\/mma.prnasia.com\/media2\/1245709\/Qingdao_Logo.jpg?p=medium600\" rel=\"nofollow noopener\">https:\/\/mma.prnasia.com\/media2\/1245709\/Qingdao_Logo.jpg?p=medium600<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>QINGDAO, China, Oct. 30, 2021 \/PRNewswire\/ &#8212; At the 2021 China-SCO Countries Financial Cooperation and Capital Market Development Forum that opened in Jiaozhou, Qingdao on Oct 28, the China-Shanghai Cooperation Organization Demonstration Zone for Local Economic and Trade Cooperation, which is located in the Jiaozhou Economic and Technological Development Zone, ushered in the first overseas [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":2149,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-2148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - 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