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Forum to Help Chinese SMEs

As the Chinese economy continues to grow at a rapid rate, factors affecting the global economy continue to leave unanswered questions for Chinese small and medium-sized enterprises.

"We hope some answers and solutions can be found in the Global Chinese Financial Forum (GCFF) Dalian Conference scheduled from October 30 to November 1 in the coastal city of Liaoning Province," said Joe Tai, president of Inc, one of the conference's organizers.

"We hope the GCFF Dalian conference will help the provinces in Northeast China develop in opening-up to the outside world, adopting international practices, and attracting more venture capital and private equity," said Tai.

Comprising keynote symposium, capital market section, and financial-related section, the conference will invite many famous investment gurus and financial experts to give comments on the hottest issues in finance and economy of both the global and Chinese market in 2008 and 2009, said Tai.

The capital market section, which includes four or five sub-forums and nearly 1,500 matching meetings between institutions and enterprises, is expected to attract about 10,000 attendees.

In the financial-related section, exhibitors of financial products and service providers will introduce their products to the Chinese investors. The attendees can gain up-to-the-minute knowledge on the financing concepts and the potential financing fields.

Chen Tiecheng, deputy director of the small and medium-sized enterprises department of Liaoning, said Liaoning's SMEs will benefit from the Dalian conference.

"The local government in Liaoning supports the development of SMEs. In addition, they face great opportunities like the restructuring of the old industrial bases of Northeast China," said Chen.

(China Daily August 30, 2008)

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