The 3rd China Venture Capital Forum kicks off in Beijing

The 3^rd China venture capital forum, sponsored by Beijing venture and innovation association was held in Beijing on December 9. The theme of the forum was “venture capital and sustainable economic development”, which attracted wide attention from all sectors of society. The director of financial department of the National Development and Reform Commission Chen Hongwan, the deputy director of Zhongguancun Science Park Management Committee Weng Qiwen, the vice chairman and secretary-general of Beijing venture and innovation association Dai Lijuan, and nearly other 700 delegates from local government, financial institutions, venture capital institutions, and start-up companies and media groups attended the event.

Forum was first opened by Dai who introduced the development orientation of the association and the efforts made in improving the comprehensive service capability and establishing an efficient and professional service platform for entrepreneurship and innovation. “The association would continue to actively promote the development of entrepreneurship and innovation to a higher quality in the future,” Dai said.

After that, Chen delivered a speech in which he addressed the direction of venture capital investment and sustainable economic development through a comprehensive analysis of national policies and economic situation, and provided valuable ideas for venture capital investment to upgrade new drivers. “China has grown into the world’s second largest economy since the reform and opening-up policy launched 40 years ago, and a series of vital arrangements have been made for the innovation of small-and-medium-sized enterprises and the financial service of the real economy from the overall perspective in the 19th CPC National Congress,” Chen said. “We should strengthen financial services for small and micro businesses, take multiple measures to reduce costs, and focus on solving the problem of expensiveness and difficulty of financing. We will promote medium-high speed of economic growth and move the economy to a medium-high level of development.”

Weng expresses his warm congratulations on the convening of this forum. Through analyzing the present innovation of entrepreneurial model and future trends, Weng makes it clear that the entrepreneurial model in previous stage is model innovation-oriented, and will be transformed to technology innovation in the near future. “Integration applications will give a major push to the revolution of industrial organization form, significantly improving total factor productivity (TFP), and the development of new industrial Internet platform that is based on IM, 5G and cloud computing will be a major contributor to industrial transformation and upgrading.”

The annual “China Venture Capital Forum” has gradually established the brand effect and become one of the most socially influential venture capital event in town.

Caption: Guests and representatives take group photo at the forum. Photo: Courtesy of Beijing venture and innovation association

　　版权及免责声明：凡本网所属版权作品，转载时须获得授权并注明来源“欧洲侨报”，违者本网将保留追究其相关法律责任的权力。凡转载文章，不代表本网观点和立场。版权事宜请联系：0040-751021899。