Wang Xuebin

(Executive Member, Committee of State-owned Investment Company of the Investment Association of China)

Author

Wang Xuebin, Han ethnicity, was born on July 15, 1957. He is an on-the-job graduate majoring in finance at Chinese Academy of Social Sciences. He is Certified Public Accountant, Certified Appraiser, and a senior accountant. He serves as Executive Member of the Committee of State-owned Investment Company of the Investment Association of China, Member of the 11th Session of the CPPCC of the Xinjiang Uygur Autonomous Region, Member of the Xinjiang CPPCC Economic Committee. Currently he is Party Secretary and CEO of Xinjiang Investment Development (Corp) Co. Ltd.

Wang Xuebin

has been undertaking major investment and financing projects and capital management and operation work that are conducive to the new industrialization in Xinjiang for years. The company that he runs has grown into one that features abundant capital, strong profitability, excellent management structure, and sustainable development capacity, which has made considerable contribution to the development of Xinjiang. Abstract Chinese President Xi Jinping proposed to build a Silk Road Economic Belt during his speech delivered at Kazakhstan's Nazarbayev University in September 2013. The idea symbolizes that China's strategy of opening to the west has entered a new stage and also provides a new motive for the economic development of provinces and cities along the Silk Road. As the implementation of China's West Development strategy deepens and an all-round and deeper economic and trade cooperation is within sight, Xinjiang, with its unique advantages of bordering Central Asian nations, will see its energy equipment manufacturing industry win a large room for development. Therefore it is feasible for Xinjiang to catch up in terms of its industrial level and realize the goals of international industrial cooperation, based on the development of its petrochemical and coal chemical industries and their corresponding equipment manufacturing industry. As a state-owned investment company at the autonomous region level, Xinjiang Investment Development (Corp) Co. Ltd has organized energy equipment projects, which upgraded the whole level of energy equipment manufacture in Xinjiang to some extent. Guided by the strategy of building the Silk Road Economic Belt, the company will give full play to its advantages by means of its energy equipment projects and the adjustment and implementation of its own development strategies and the development of key areas, in order to play a more important role in promoting cooperation and mutually beneficial relationship between Xinjiang and Central Asian nations, and advance Xinjiang's new industrialization drive and the fast development of its economy, society and stability.