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A financial innovation seminar for medium, small and micro-sized enterprises was held in Beijing on Oct 28. It was sponsored by the Zhongguancun Federation of Social Organizations.
Yang Jianhua, deputy director of the Zhongguancun Administrative Committee, Yu Jun, chairman of Zhongguancun Development Group, and Zhu Shaoping, a former divisional chief of the National People's Congress Financial and Economic Committee attended the seminar.
More than 200 people from major financial institutes, Zhongguancun associations and industrial parks from Beijing, Tianjin and Hebei province gathered to discuss new finance and industries. The meeting was hosted by Dai Jian, secretary-general of the Zhongguancun Federation of Social Organizations.
Yang Jianhua stressed that difficulties facing medium, small and micro-sized enterprises in raising finance has been plaguing the scientific innovation and finance fields worldwide for a long time. "It needs efforts by all parties to continue raising the investment and financing ratio for these enterprises and to bring down relevant costs," Yang said. Yang hoped that social organizations at Zhongguancun could further investigate financing problems for those enterprises.
Yu Jun shared new measures and opinions of the Zhongguancun Development Group in supporting medium, small and micro-sized enterprises. Yu hoped that more enterprises at Zhongguancun could get financial support for scientific innovation through establishing a scientific financing service platform and cultivating scientific financing service institutes, products and projects. Yu urged all parties to integrate capital and innovation chains.
A ceremony for credit extension to the Zhongguancun Council for Science and Technology enterprise mutual growth promotion by the Postal Savings Bank's Haidian branch was also held at the meeting. The council has received nearly 1 billion yuan ($164 million) in bank credits.
The meeting focused on company needs and boosted cooperation among government, financial institutes and enterprises.
The success of the meeting has not only attracted attention to financial service and innovation for medium, small and micro-sized enterprises, but also encouraged relevant parties to solve financing problems for those enterprises, paving the way for their healthy development in the future.
