1. An Introduction of Silk Road Fund Dan WANG Executive Vice President Algiers, September 2, 2015 Silk Road Fund - Promoting promoting One Belt and One Road 2016 G20-IIWG Event: Strengthening Global Infrastructure Connectivity Forum ( Luo Yang, April 27, 2016)

2. 2 When Chinese President Xi Jinping was visiting countries in Central and Southeast Asia, he put forward the idea of working together for the Initiative known as the Silk Road Economic Belt and 21st-Centrury Maritime Silk Road. Background 2013

3. Background On November 8, 2014, during the Dialogue on Strengthening Connectivity Partnership, Chinese President Xi Jinping announced that China would contribute US $40 billion to establish the Silk Road Fund.

4. Capital Total Capital: US $40 billion

5. Profile Mandate A medium to long-term development and investment fund Make Contribution to the Belt and Road Initiative Investment Instruments:  Equity investment  Debt financing  Investment in other funds  Sponsor or establish investment funds

6. 6 Economic Return Connectivity Collaboration Openness Investment Principles

7. Areas of Investment Infrastructure Resources and Energy Development Production Capacity Cooperation Financial Cooperation

8. Team up with ChemChina to invest Pirelli, which was awarded the Best M&A Deal by the Finance Asia. Investment Projects Through investing in China Three Gorges South Asia Investment and providing syndicated loans. Karot Hydropower Project in Pakistan Invest in Italy-based Pirelli Yamal LNG Integration Project Sign an Equity Transfer Agreement and Loan Agreement for the Yamal LNG Project with Russia-based NOVATEK. 2015 April 2015 June 2015 December

9. Investment Projects  Invested in IPO of China International Capital Corporation Limited and China Energy Engineering Corporation Limited. Preference share and IPO  USD 2 billion to establish the China-Kazakhstan Production Capacity Cooperation Fund, supporting the production capacity cooperation between China and Kazakhstan. Special funds or funds at subsidiary level

10. Infrastructure Investment Promote the connectivity of infrastructure Focus on aligning infrastructure construction planning with technical standard systems Build a comprehensive, multi-level connectivity network.

11. Highway Railway AirportPort Infrastructure Investment

12. Opportunities & Challenges Opportunities ADB: US$8.3 trillion infrastructure investment needed during 2010-2020 to sustain Asia's growth Infrastructure Consortium for Africa: an annual investment of $93 billion is needed to bridge the infrastructure gap with other developing regions Challenges Uncertainty of political stability Different law and regulation systems Maintain financial sustainability

13. Partnerships & Cooperation Silk Road Fund Government Agencies Enterprises International Organizations Development Banks Financial Institutions

14. 14 Thank You!