On April 25, 2015, the 2015 Quarterly Analysis Conference, sponsored by China Association of International Trade, and undertaken by the Study Commission of Investment Planning association and the China Enterprise Cooperation and Promoting Association, was held in Beijing. The theme of the conference was “The Financial Innovation Supports Chinese Enterprises to “Go out”, and the Vice President and the General Secretary of China Association of International Trade Liu Baorong presided over the conference.
The Conference was attended by more than 200 participants including the leaders and experts like the former Vice Minister of the former Ministry of Foreign Trade and the President of China Association of Foreign Trade Cooperation Enterprises Zhou Keren, the Vice President of the Bank of China, the Senior Researcher of Chongyang Institute for Financial Studies of Renmin University of China and the Executive Chairman of the International Chamber of Commerce Zhang Yanling, the Deputy Director or the Policy Research Department of the Ministry of Commerce Wu Pin, the Deputy Director of the Department of European Affairs Ma She, the Deputy Director of the Department of Circulation Industry Development Wu Guohua, the President of China Association of Foreign Trade Wang Junwen, the Vice President Li Yushi, the Vice President Li Tie, the President of the Study Center of the Economic Strategy of China, U.S. and the EU He Weiwen, the Standing Deputy Secretary General of the association Liu Mingguo, the General Secratery of the Commission of the Study Work of Investment Planning Hu Shilin, the Chairman of the Hodo Group Qian Wenhua, and the Chief Analyst of the Export and Import Bank of China Zhang Changhui, and the leaders, experts and professors from the universities and study institutions like the University of International Business and Economics, the Central University of Finance and Economics, the Capital University of Economics and Business, Beijing University of Technology, the North China University of Technology, Beijing Jiaotong University, Beijing Normal University, Beijing International Studies University, the Southwestern University of Finance and Economics, Lanzhou University of Finance and Economics, Liaoning University of International Business and Economics, the International Business Daily and China Commerce and Trade Press, the standing directors and directors in Beijing of the association, as well as enterprises representatives.
The Vice President Liu Baorong said that China’s economic development has entered into the new normal, and in order to adapt the new normal, China’s economic development has begun the transformation of the growth pattern. With the increasing of the interior demands of enterprises in transformation, with the strengthening of the upgrading, structure adjustment, and with the strengthening of the promotion of the international competitiveness, Chinese enterprises’ demands for using the two resources and markets both domestic and overseas are stronger. At present, “going out” has become an initiative action of the enterprises. In the past, the enterprises only established a sales station for its products in foreign countries, but now the enterprises began to develop online selling, overseas merger and acquisition, and establishing overseas research and development center, production bases and industrial parks. This is the objective requirement of the development of Chinese enterprises, and a necessary trend of Chinese enterprises going to the high-end of the global value chain. However, the “going out” of Chinese enterprises is not smooth and meets with many difficulties. Therefore, various supports, especially financial support are needed, and the financial support should be innovative under the new situations and should accord with the demands of the development. This is the theme of the conference.
The President Wang Junwen gave a brief introduction to the development of the quarterly analysis conference jointly held by the association and the University of International Business and Economics from 2010 in his speech, saying that the association holds the quarterly analysis conference every year according to the changes of global economic situation and the features and trends of foreign trade development, and invites famous experts and scholars to elaborate their study fruits and political opinions, gaining more and more concerns from the government, the academic circle and the business circle; Wang also made a key introduction to the current situation and development trend of Chinese economic development and foreign investment under the new normal. He thought that China has entered into the new stage of rapid growth of foreign investment, and that our economy has been continuously optimizing the structure and layout of opening up. To support the “going out” of the enterprises and to use the two sources and markets better have become the important measures to transform economic development mode and to realize the sustainable economic development Chinese enterprises should further broaden the overseas market, ,innovate and transform the mode of “going out”, promote the transformation and upgrading of going out, actively exploit the new method of financial innovation, innovate the mode of financial service, broaden the financing channels and strengthen the supports of finance to the “going out”. He hoped that the experts and scholars would offer advice and suggestions on the “going out”.
Zhang Yanling made a comprehensive and detail introduction to the issue of “international economic order and investment and financing environment”; Wu Pin, Mashe, and He Weiwen made deep analysis on subjects like “problems should be noticed in international capacity cooperation”, “the current situation, problems, policies and suggestions of Chinese enterprises exploiting the Europe” and “how to broaden investment to the U.S. under the new normal” respectively; Qian Wenhua introduced the successful cooperation experience of Hodo Group in Sihanoukville, Cambodia; in the afternoon, experts like Zhao Changhui made deep analysis and introduction on the hot issues like “the financial hotspot in the government work report 2015”, “the financial value of the industrial chain” and “ the combination of the financial new normal and technological finance”.
