Annual Meeting of Chinese and Foreign Investment Promotion Agencies 2010 & Strategic Emerging Industries Forum

中文

Dongguan, one of the most active cities in China, was the venue for the Chinese and Foreign Investment Promotion Agencies 2010 Annual Meeting and Strategic Emerging Industries Forum. As an ancient city with a history of more than 1670 years, Dongguan is one of Guandong's most modern and industrialized cities. It is also the most significant manufacturing base and purchasing center of Information Technology products worldwide.

As a supporting organization this meeting, CVCA was invited to attend the summit. Former Minister of MOFCOM, (Ma Xiuhong) Ma, Minister Assistant, (Yu Jianhua) Jianhua, Director General, Liu Yajun, Director of General, Liu Zuozhang, Deputy Director Zhang Yingxin, Mayor of Dongguan, Liu Kun, and Jiangling attended the meeting, and delivered speeches. During this forum, they reviewed 2009 business and projects, placing emphasis on communication and cooperation for further development, and how to improve investment promotion in 2010. CVCA Governor, Jing Huang, Managing Director of Bain Capital, spoke at the forum on behalf of CVCA. Members of CVCA, such as Lunar Capital, Gobi Partners, and Walden International Investment, also attended the forum, as well as many other outstanding investment organizations from both China and overseas.

At this time, Dongguan is upgrading its industry structure by strengthening the development in the advanced industries of electronics and telecommunication, petrochemical industry, shipbuilding industry, automobile and spare parts, equipment manufacture industry, biotechnology, pharmacy, new materials and energy, while actively introducing the modern service industry, which includes holding exhibitions, improving logistics, building a regional headquarters, and promoting the outsourcing and financial industries. The rapid development and the high market demand in Dongguan make the city an ideal choice for overseas businesses in both trade and investment.

Based on the advantages of their related industry chains, many enterprises have been proposed to government officials as ways to promote the emerging industry. Meanwhile, Dongguan, which is currently being restructured, is opening the markets of emerging industries. Dongguan has assured investors that they will put an emphasis on the major developing industries, such as high-end electronic information, semiconductor lighting (LED), electric cars, and solar PV.

CVCA members held a detailed discussion about the development of Dongguan's PE investment, and held a business luncheon with the deputy mayor of Dongguan city, (Jiang Ling) Jiang, Deputy director general of financial bureau, (Liu Kaiwen) Liu, Deputy director general of science and technology bureau, (Yan Jirong) Yan, Deputy director general of Foreign Economy & trade cooperation, (Zhou Weisen) Zhou, and the governor of the Songshan Lake management committee. After the luncheon, guests visited the Songshan Lake Science and Technology Park and HuaWei. This forum not only helped attendees establish closer ties with investment promotion agencies nationwide, but also furthered the understanding of Dongguan's construction and development.