CFLD International, founded in 1998, is the leading expert in investment and operation of New Industry Cities globally. CFLD has holding assets of over 32 billion USD and is on the Forbes Asia’s Fab 50 Companies list. As one of the top enterprises in China’s real estate industry, CFLD has developed over more than 50 New Industry Cities and 120 industrial parks under its operations. CFLD has also establishes a significant domestic presence, covering over 30 regions across China, and tactically promoting 12 industrial clusters.
In response to China’s Belt and Road Initiative, CFLD launched a global expansion strategy in July 2015. In terms of New Industry City projects, CFLD has delegated teams to ten countries - the United States, Singapore, Indonesia, Malaysia, Vietnam, India, Egypt, Thailand, Myanmar, Phillippines - to coordinate communication and collaboration with the local governments, business partners and Chinese enterprises. At the end of 2015, CFLD and Indonesia AS Company signed a memorandum to set up a joint venture to develop a New Industry City in Tangerang city, Banten province. This inaugural overseas operation of New Industry City indicates the international recognition of CFLD’s expertise and leading position in this industry, marking a milestone in the company’s go-global strategy.
CFLD aims to build a global Innovation Incubator Network. Currently, incubators have been established in global entrepreneurship hubs, including among others Beijing, Shanghai, Shenzhen, Silicon Valley, Tel Aviv, Frankfurt. Over 40 incubators will be set up worldwide in the next three years to establish a global network of innovative resources. CFLD has worked out an international development plan with annual revenue of more than 10 billion RMB. It will implement 20 New Industry City projects in Southeast Asia, Africa, North America, and Europe in the next three years to truly enhance its worldwide presence.