The previous three China International Private Equity Forums (CIPEF) focused on setting up an efficient mechanism for capital transactions.

The three hosting parties of CIPEF are Tianjin Municipal People's Government, the All-China Federation of Industry and Commerce and the Association for Corporate Growth (ACG).

The organizing committee has established close ties with its international counterparts, as well as set up partnerships with Chinese local governments, and federations of industry and commerce.

It will periodically hold conferences and activities of CIPEF in Tianjin, in order to continue to support the subjects of investment and financing, such as investment institutions, intermediaries and SMEs.

CIPEFs have improved the business model centered on speed dating, capital connection and capital transactions.

Through examining the means by which SMEs accumulate capital for development, it has formed the CIPEF's value chain on the basis of market-oriented service, internationalization and branding.

This is not only a major innovation accomplished by Tianjin, but also an innovation model for market linkages and interactions between Chinese business and financial institutions.

(China Daily 06/11/2010 page18)