Briefing on the 15th China International SME Fair for Foreign Overseas Institutions & New Year Reception Held in Guangzhou
On January 23, 2018, Briefing on the 15th China International SME Fair (CISMEF) for Overseas Institutions was held in the Garden Hotel, Guangzhou. Guests present at the event included Mr. Zhong Xuanhui, Secretary General of CISMEF Organizing Committee and Deputy Secretary General of Guangdong Provincial Government, Mr. Ye Dingda, Deputy Director General of CISMEF Organizing Committee Secretariat and Deputy Director-General of Bureau of SMEs, the Ministry of Industry and Information Technology, Mr. Yao Dehong, Deputy Director General of CISMEF Organizing Committee Secretariat and Director-General of Guangdong Provincial Bureau of SMEs, Mr. Badir A. Almusharrekh, Minister Plenipotentiary of U.A.E. Ministry of Economy, Business Division in China, officials of Guangdong Foreign Affairs Office and CCPIT Guangdong Chapter. The event was chaired by Mr. He Zuoxian, Deputy Director General of Guangdong Provincial Bureau of SMEs and Director-General of Bureau of CISMEF.
Mr. Zhong Xuanhui, Deputy Secretary General of Guangdong Provincial People’s Government, pointed out that CISMEF has been held successfully for 14 sessions, which helps push forward and promote exchanges and cooperation among world SMEs for their products and technologies. Mr. Zhong invited the attending overseas institutions in Guangzhou to organize their SMEs to the 15th CISMEF. He also granted, on behalf of the Secretariat of the CISMEF Organizing Committee, the plate of Honorary Co-host Country/Organization to representatives of Consulate General of South Africa in Shanghai and UNIDO. According to Deputy Director-General Ye Dingda, China’s government attaches great significance to development of SMEs, ready to make CISMEF into a bridge and bond and work with attending state governments to expand fields of cooperation, deepen mechanism of cooperation and promote win-win development of SMEs.
On behalf of Secretariat of CISMEF Organizing Committee, Director-General Yao Dehong introduced the general plan and preparations for the 15th CISMEF, which plans to have about 150,000 square meters of exhibition space and 6,000 booths of international standards. The theme exhibition and overseas exhibition will be held on October 10 to 13, 2018 in PWTC Expo in Guangzhou, which has about 50,000 square meters of exhibition space and 2,400 booths of international standards. The 15th CISMEF will continue to organize a few sub-events, such as China SME Summit, SME Cross-border Matchmaking Event, 2018 China Makers Innovation & Entrepreneurship Competition, From Guangdong to the Middle East Campaign along the Belt & Road for 2018, and Asia Pacific Information and Communications Technology Awards 2018, etc.
On behalf of the U.A.E. Ministry of Economy, Mr. Badir A. Almusharrekh announced at the event that U.A.E. would be the co-host country of the 15th CISMEF.
On behalf of Secretariat of CISMEF Organizing Committee, Mr. Zhong Xuanhui presented commemorative plaques to Consulate General of South Africa in Shanghai and the United Nations Industrial Development Organization.
The event was attended by nearly 100 representatives of over 40 consulates general and overseas institutions in Guangzhou, which come from U.A.E., Russia, Germany, Norway, Italy, Greece, Spain, Singapore, Malaysia, Saudi Arabia, Nepal, Ecuador, Angola, Peru, Israel, South Africa, Mexico, Poland, Vietnam, Cambodia, Thailand, ROK, Japan, Nigeria, Laos, Iran, Qatar, Mali, Cote d’Ivoire, Hong Kong and Taiwan, etc.
On the morning of October 10, Hu Chunhua, Secretary of the Party Committee of Guangdong Province, Miao Wei, Minister of Industry and Information Technology and Ma Xingrui, the Provincial Governor attended the 14th China International SME Fair (CISMEF) in Guangzhou, met with the participants at home and abroad and visited the exhibition hall.
The CISMEF, jointly sponsored by the Ministry of Industry and Information Technology, the State Administration for Industry and Commerce, the Guangdong Provincial People’s Government, the Department of Small Business Development of South Africa and the United Nations Industrial Development Organization, has attracted 2,925 domestic and foreign exhibitors from over 30 countries and regions with 6,282 booths provided. Among them, the co-host South Africa sent 50 SME exhibitors and the United Nations Industrial Development Organization focused on displaying its achievements in poverty reduction, inclusive globalization and industrial development featuring environmental sustainability.
Hu Chunhua welcomed the participants and expressed gratitude for the great support provided by the joint sponsors on behalf of the provincial party committee and government. He said that Guangdong, as one of China’s major provinces in terms of economy and foreign trade and one of the world’s major manufacturing bases, is currently promoting structural reform of the supply side in depth, vigorously implementing the innovation-driven development strategy and speeding up the construction of an open new economic system in accordance with the important instructions of General Secretary Xi Jinping on the work in Guangdong. He hoped that all parties, with the platform of the CISMEF, may strengthen matchmaking contacts on trade and investment, education of science and technology and social humanity and further deepen exchanges and cooperation among SMEs on information, technology and talents to achieve win-win development.
Hu Chunhua also came to such booths as South Africa, Russia and Hong Kong, Macao and Taiwan, some provinces and autonomous regions, “Belt and Road” cooperation and exchange, cross-border electronic commerce, Maker in China and SMEs matchmaking to listen to the exhibitors’ introduction and learn about the matchmaking cooperation among SMEs.
On the evening of October 9, Miao Wei and Ma Xingrui attended the opening reception of the 14th CISMEF to welcome the guests from home and abroad.
Lindiwe Zulu, Minister of Department of Small Business Development of South Africa, Philippe Schottes, Managing Director of the United Nations Industrial Development Organization, Wang Jiangping, Deputy Director of the State Administration for Industry and Commerce, Zhang Feng, Chief Engineer of the Ministry of Industry and Information Technology, Liu Qiang, Vice President of the Bank of China, and the provincial level leaders Jiang Ling and Yuan Baocheng attended the relevant activities.
The 14th China International Small and Medium Enterprise Fair, opening on Oct 10 in Guangzhou, has according to its organizers boosted partnerships and communications between global SMEs.
The annual fair – held in the Poly World Trade Center Expo in the capital of Guangdong province in southern China – aims to advance comprehensive strategic partnerships and promote the inclusive and sustainable development of SMEs in China and in other countries.
Zhang Feng, Party committee member and chief engineer of the Ministry of Industry and Information Technology, said the event was a bridge to help Chinese SMEs go global and for foreign SMEs to access Chinese markets.
Yuan Baocheng, vice-governor of Guangdong, said SMEs contributed significantly to the transformation and upgrading of Guangdong’s industries.
“Guangdong will reduce the costs of managing companies, support the transformation of technology and promote the construction of services-oriented government, to provide a good developing environment for SMEs,” Yuan said.
The massive fair is being hosted by the Ministry of Industry and Information Technology – as well as the State Administration for Industry and Commerce, the Guangdong government, the department of Small Business Development in South Africa and the United Nations Industrial Development Organization.
Organizers said this year’s event has attracted 6,282 exhibition stands for 2,925 global companies from South Africa, Egypt, India and more than 30 countries and regions, to display their products.
Serving as a co-host of the fair for the first time, South Africa has brought over more than 50 companies – covering services, agriculture, renewable energy, tourism, jewelry and the food sectors – to showcase the diverse nature of its economy.
Under the framework of the Forum on China-Africa Cooperation and the BRICS cooperation mechanism, the joint hosting of the event is seen further promoting practical partnerships between China and South Africa in industry, trade and economics.
South Africa’s Minister of Small Business Development, Lindiwe Zulu, said her country’s participation in the fair was a tribute to its entrepreneurs who lobbied hard.
“It is a significant milestone in our collective journey towards building a nation of entrepreneurs,” she added.
A highlight of the fair is the Asia-Europe Meeting, or ASEM, seminar on multi-dimensional support for financing SMEs.
“SMEs have become the pillar of economic development in Asian and European countries and their most innovative and dynamic enterprise group,” said Zhang Feng at the seminar.
Estimates are that SMEs account for 99 percent of China’s total number of enterprises. They also contribute 60 percent to the nation’s GDP, 50 percent of its tax revenues and responsible for 80 percent of jobs.
But it’s difficult and expensive to finance SMEs. To solve the problem, China’s government set up a 60 billion yuan ($9.1 billion) development fund to support startups, Zhang said.
Giant SME fair draws players from around the world
Liu Qiang, vice-president of the Bank of China, said that BOC had created a services model for SMEs and cross-border SMEs – and a credit approval process that responded to the risks and financing characteristics of SMEs.
The China SME Summit is another highlight of the fair. The aim of the summit is to organize and mobilize society to support micro, small and medium enterprises.
With the theme of “new thinking, new motivation and new manufacturing”, the summit invited Chinese and South African officials, leading economists and representatives of entrepreneurs, to exchange views on measures to support SME development.
Edith Vries, the director general of South Africa’s Department of Small Business Development, said that her country wanted to ensure economic and industrial growth.
It also wanted higher levels of secure investment, to help build up black management, ownership and control in the economy and the creation of decent employment.
(China Daily European Weekly 10/13/2017 page9)
A brace of seminars and summits focusing on the key problems small and medium-sized enterprises face have attracted global officials, leading economists and entrepreneurs to exchange their views at the 14th China International Small and Medium Enterprise Fair.
The significant event is being held in Guangzhou, capital of Guangdong province in southern China, beginning from Oct 10.
One of its highlights is an Asia-Europe Meeting seminar focusing on multi-dimensional support for financing SMEs.
ASEM is an organization established in 1996 to foster cooperation between the two continents – and facilitate international dialogue.
Its first summit was held in March 1996 in Bangkok, by European Union and ASEAN members, and the individual nations of China, Japan, and South Korea
“SMEs have become a pillar for the economic development of Asian and European countries and are their most innovative and dynamic enterprise group,” Zhang Feng, Party committee member and chief engineer of the Ministry of Industry and Information Technology, said at the seminar.
SMEs account for 99 percent of China’s total number of enterprises. They contribute 60 percent to the nation’s GDP, 50 percent of its tax revenues and 80 percent of the total number of jobs.
To solve the difficulties in SME financing, China’s government set up a 60 billion yuan ($9.1 billion) development fund to support startups, Zhang said.
ASEM senior official Xie Bohua said that Asian and European countries faced increased challenges over financing after the international financial crisis.
“However, Asian and European SMEs have their own advantages and are complementary,” Xie said.
“European countries have a relatively mature financial system, developed financial markets and advanced technology and management, while Asian countries have big market potential and growing innovative capabilities.”
Liu Qiang, vice-president of the Bank of China, said that it had created a services model for SMEs and cross-border SMEs and a special credit approval process responding to the risks and financing characteristics of SMEs.
Laura Egoli, consul-general of Italy in Guangzhou, said her government had set up increased funding for SMEs, especially those established by women and young entrepreneurs. In 2017, the government provided 45 million euros ($53.4 million) to support SMEs.
Ma Xianghui, director general of the SME bureau under the Ministry of Industry and Information Technology, said that to relieve the difficulties involved in SME financing, China would improve the laws governing SME development, promote cooperation between industry and finance, and promote the construction of a credit guarantee system for SMEs.
A total of 28 guests from China, Italy, Croatia, the Philippines, Thailand, Egypt, France, Indonesia and Malaysia shared their opinions at the summit.
More than 300 officials from 23 countries and representatives from financial institutions attended the seminar.
The China SME Summit is another highlight of the fair. Its aim is to organize and mobilize society to support micro, small and medium enterprises.
With the theme “new thinking, new motivation and new manufacturing,” the summit invited Chinese and South Africa officials, leading economists and representatives of entrepreneurs to exchange views on measures and achievements in supporting SME development.
Small and medium-sized enterprise fair draws eager participation of overseas players
South Africa’s Minister of Small Business Development, Lindiwe Zulu, said: “Many SMEs have pointed out that their growth and sustainability is hampered by a lack of access to markets in South Africa.
“We have made a commitment to facilitate market access for small businesses. Our participation at this year’s (fair) indicates our practical effort to take this commitment forward.”
Edith Vries, director general of South Africa’s Department of Small Business Development, said that the vital significance of SMEs should be noted.
She added that the responsibility of policy makers to develop effective policies and measures, to improve the environment for SME development, should be emphasized.
Philippe Scholtes, managing director of the United Nations Industrial Development Organization, said that SMEs needed technology, human capital, energy, quality production, industrial organization and a conducive business environment.
On the afternoon of October 10, the 14th CISMEF China SME Summit themed “New Thinking, New Energy, New Manufacture” was held at Guangzhou Garden Hotel. Zhang Feng, Party Group Member and Chief Engineer of the Ministry of Industry and Information Technology, Yuan Baocheng, Vice Governor of Guangdong Provincial People’s Government, Lindiwe Zulu, Minister of Department of Small Business Development of South Africa and Philippe Schottes, Managing Director of the United Nations Industrial Development Organization attended and addressed the forum.
In his speech, Zhang Feng introduced Law of the People’s Republic of China on Promotion of Small and Medium Enterprises promulgated by the Chinese government again after amendment and other initiatives, which provide a strong support for the innovation and development of SMEs and have made remarkable achievements. He hoped that the participants present may embrace the new economy and lead the new thinking to jointly contribute to innovation, transformation and upgrading development of SMEs and create broad prospects for international cooperation of SMEs.
Yuan Baocheng expressed sincere welcome to the participants present on behalf of the Guangdong Provincial Government and introduced the development situation of private economy in Guangdong with SMEs as the core. He said that SMEs have made outstanding contributions to speed up the economic transformation and upgrading and promote sustained and healthy economic and social development in Guangdong Province. Guangdong will earnestly implement the important instructions of General Secretary Xi Jinping to effectively reduce the business operation and development costs, support enterprises to carry out technological transformation, promote construction of the service-oriented government, and strive to provide enterprises with better development environment and development opportunities and reshape advantages of Guangdong in terms of business environment.
Lindiwe Zulu and Philippe Schottes introduced their policies and measures released in recent years to promote the sustained development of SMEs, respectively, and stressed the significance of various countries further strengthening international cooperation.
Subsequently, Edith Fries, the Director General of the Department of Small Business Development of South Africa,Lyubomudrov Maxim, Deputy Director General of the Russian Small and Medium Business Corporation, Guan Tongxian, founder of Shanghai zhenhua Heavy Industry Co.,Ltd, Zhou Yong, vice president of Guangzhou Shiyuan ElectronicsCo.,Ltd, Zhang Zhaolin, President of HBC Consulting and other well-known experts and entrepreneurs from home and abroad delivered keynote speeches on such topics as the empowerment and development of SMEs under the new economic and business forms, practice of innovation and change and the entrepreneurial spirit in the background of the new era, and attended a round-table dialogue related to the theme of the forum with Zhan Wenming, scientist of Peter F. Drucker, Hao Jumin, CSO of Guangdong Manufacturing and Innovation Center and other participants. The speakers actively shared their latest research results and successful experience to promote the SMEs present to innovate their thinking and open up their horizons and offer the audience a wonderful feast of ideas.
More than 700 people, including person in charge of SMEs component departments from the provinces (autonomous regions and municipalities) and various cities of Guangdong, the consulates of various countries in Guangdong, representatives of Chinese and foreign SMEs and media reporters attended the forum.