国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

News

PE key fuel for business

By Tuo Yannan (China Daily)
Updated: 2010-06-11 07:48
Large Medium Small

 PE key fuel for business

The opening ceremony of the ongoing China International Private Equity Forum in Tianjin. Photos by Zhang Wei/ China Daily

Chinese economists and officials praised the bright prospects for financing and investment through private equity (PE) funds in Tianjin yesterday.

PE investment can help fuel enterprises' growth, said Cheng Siwei, former vice-chairman of the Standing Committee of the National People's Congress, at the 4th China International Private Equity Forum (CIPEF).

"The significance of PE funds lies in not running enterprises, but fueling enterprises' development through acquiring equity, listing and other capital-related operations," Cheng said.

He said that financial innovation is a priority for the country's economic activities. Although there are problems with investment banks, they are still irreplaceable market forces to aid running enterprises.

Dai Xianglong, chairman of the National Council for Social Security Fund, shared similar views as Cheng, emphasizing that PE funds are facing golden opportunities in China, and can help enterprises grow.

"No matter funds from home or abroad, they can find a space in China," Dai said.

PE key fuel for business

The State Council is currently working on a regulation, aimed at better governing the development of PE funds in China.

China holds huge foreign reserves and can do more to invest abroad, and further diversify its financial investment portfolio, Dai said.

China has to accelerate RMB's pace of internationalization, and switch the economic growth pattern from good-oriented export into capital-oriented export and investment, and further enhance the quality of export products and services, Dai said.

The ex-governor of China's central bank commented that during the post-financial crisis era, China became the preferential choice for foreign direct investors.

"China's foreign direct investment (FDI) dropped from US$1,900 billion to $1,200 billion after the financial crisis broken out, but it has been recovering slowly. We have already seen signs of revival," Dai said.

As the global economy shows signs of gradual recovery, financing activities by enterprises are picking up, which offer new opportunities for private equity (PE) funds, said Huang Xingguo, mayor of Tianjin Municipality, the host of CIPEF.

The forum is to commit itself to serve as a comprehensive platform for enterprise financing, especially equity financing.

"We are committed to developing Tianjin into the national center for equity investment fund issuance, management, exchange, information and personnel training," Mayor Huang said.

PE key fuel for business

(China Daily 06/11/2010 page18)

乌兰浩特市| 通辽市| 桂平市| 辰溪县| 比如县| 保康县| 中超| 嘉义县| 泽库县| 铅山县| 上饶县| 连云港市| 柳河县| 北京市| 常德市| 梁山县| 准格尔旗| 观塘区| 雷州市| 双鸭山市| 三明市| 桑日县| 满洲里市| 平邑县| 东兴市| 贡山| 舒兰市| 菏泽市| 德保县| 芒康县| 民勤县| 兴安盟| 沈阳市| 嘉善县| 济宁市| 鹤庆县| 弥勒县| 台湾省| 卓尼县| 开鲁县| 滦平县|