Silk Road Fund Holds the 15th Meeting of the Board of Directors

Date：01 August 2024

Print
A+
A
A-

On July 29, 2024, Chairwoman ZHU Jun chaired the 15th meeting of the Board of Directors (BOD) of Silk Road Fund (SRF).

The meeting reviewed and endorsed the 2023 BOD Work Report, the 2023 Financial Statement Report, the 2023 Profit Distribution Plan and the 2024 Financial Budget. The 2024 Investment Plan was also reviewed and approved, outlining annual investment targets.

The board members held that, facing heightened complexity and volatility in the external environment, SRF continued to seek progress while maintaining stability, and gave full play to its advantage as a medium to long-term equity investment fund. Progress has been made in establishing new investment platforms, advancing sustainable investments and promoting small and medium-sized projects enhancing people’s livelihood. The board members agreed that, SRF has improved independent investment capabilities, effectively prevented and controlled external risks, and achieved sound investment returns, making headway in promoting quality Belt and Road cooperation.

It was also pointed out that, Silk Road Fund should carefully review its ten years’ experience, continue to promote Belt and Road cooperation, and enhance direct investment efforts. Focusing on key Belt and Road countries and regions, SRF should actively invest in sectors including infrastructure, energy and resources, and support building a healthy, green, digital and innovative Silk Road. Sustainable investment strategy should be pursued, and various risks and challenges be properly tackled, in order to have a good start for the second golden decade of Belt and Road cooperation.

On the same day, the fund also held the 9th meeting of the Strategic Planning Committee of the Board and the 14th meeting of the Board of Supervisors.