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Press Release


CFLD and Conway Inc. Enter into Global Partnership

November 2016, BEIJING, CHINA -  China Fortune Land Development Corporation, Ltd. (CFLD) and Conway Inc. (Conway), have signed a memorandum of understanding outlining the two organizations’ global partnership to market and promote CFLD’s portfolio of industrial cities.

The partnership between CFLD and Conway will leverage Conway’s 62-year history of promoting economic development, corporate expansion and its extensive international network to secure investment and tenants for CFLD’s growing portfolio of industrial cities across China and for CFLD’s other global real estate assets.

"CFLD has an ambitious global growth plan," said Adam Jones-Kelley, President of Conway Inc. "Our partnership with CFLD will bring together our entire suite of integrated products, services and networks to deliver toward CFLD’s objectives.

"Our partnership with Conway will be an integral part of our global expansion strategy," said Qiang Gu, Vice President of China Fortune Land Development. "We have a large portfolio of industrial cities in China, and our plans include international expansion. We will work with Conway to enhance our global business development programs and fast-track our entry into new markets."

CFLD and Conway are entering into an agreement to deliver a multi-tiered program which includes research and feasibility studies, marketing and promotional services, and business development and overseas representation. The cooperation will strengthen CFLD’s global resource integration and industrial attraction and service abilities, eventually leading to integrated services including industry incubation, industrial investment, business attraction and industrial development.

"CFLD is a dynamic company with global ambitions, which is a great fit for Conway," added Jones-Kelley, "Cross-border investment is our area of expertise, so we’re looking forward to working with CFLD to help them achieve their goals in the short term and long term."

"CFLD has one of the strongest industrial facility propositions in the world," added Gu, "Our partnership with Conway will further strengthen our position." 

About CFLD
Founded in 1998, China Fortune Land Development Co., Ltd. (CFLD) (Ticker: 600340) is China's leading new industrial city operator. By the end of 2015, the assets of CFLD had approached RMB 170 billion (US$25 billion).

As China’s leading industrial new city operator, CFLD holds a leading position in the Chinese industrial park sector. The business of CFLD spans 40 global regions, including Beijing, Hebei, Shanghai, Guangdong, Liaoning, Jiangsu, Zhejiang, Hubei, Sichuan, Anhui and Indonesia, with a focus on 12 major industries and the formation of hundreds of regional industrial clusters. Currently, CFLD is proactively implementing its industrial park investment attraction and overseas development strategy. As of end of June 2016, for the new industrial cities spanning China, CFLD had attracted over 1,100 companies with signed contracts for investment attraction totaling RMB280 billion (approx. $42 billion), creating roughly 42,000 new jobs.

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About Conway
Since 1954 Conway has been a trusted advisor to government economic development and investment promotion agencies, working with over 400 countries, states, provinces, cities and communities from around the world. Conway is the oldest and largest service firm in the economic development-investment promotion industry, providing strategic and support services to public sector agencies internationally. 

Conway has divisions which specialize in publishing, consulting, public relations, event development, marketing, advisory services, lead generation, site consulting, training, and association management. Conway is the publisher of Site Selection Magazine and management firm for the Industrial Asset Management Council (IAMC). Headquartered in Atlanta, Georgia, USA, Conway employs over 80 people in 10 offices in 7 countries.  

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