“COSCO Pacific's take-over wholly-owned terminal operation of Pier 2 at Piraeus Port in Greece” is selected as classic case of China overseas investment in China Overseas Investment Summit

November 15, 2011, the inaugural awards for "Classic Cases of Overseas Investment of Chinese Enterprises" of China Overseas Investment Summit, jointly organized by the China Central Television's finance channel and Hong Kong Chinese Chamber of Commerce, was held at the Hong Kong Convention and Exhibition Centre. COSCO Pacific's take-over of its wholly-owned terminal operation of Pier 2 at Piraeus Port in Greece was selected as China Overseas Investment classic case.

Influential and groundbreaking classic cases of China overseas investment were selected and overseas leading investment experts and scholars were invited to be the judge panel. The selection was based on corporate strategy, investment, management philosophy, corporate social responsibility. Five outstanding classic cases were selected from more than 100 cases. These cases were reviewed as the friction and results in the process of ramp-up and integration of Chinese and foreign enterprises as well as valuable experience for Chinese enterprises "going out" in the future.