On the morning of October 10, the 14th CISMEF SMEs Cross-border Business Matchmaking Activity jointly organized by the Ministry of Industry and Information Technology, the People’s Government of Guangdong Province and the Bank of China was opened at the Guangzhou Poly World Trade Center Expo. 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 and Liu Qiang, Vice President of the Bank of China attended the event and delivered speeches, Lindiwe Zulu, Minister of Department of Small Business Development of South Africa and Philippe Schottes, Managing Director of the United Nations Industrial Development Organization and Boris Titov, Presidential Commissioner of the Russian Federation for Entrepreneurs’ Rights,Chairman of Russian side of Russian-Chinese Committee for Friendship,Peace and Development,attended the event.
Zhang Feng said in his speech that in the context of economic globalization, the various economies are interdependent and integrated with each other and SMEs have witnessed unprecedentedly active international exchanges and cooperation. In order to solidly implement the “Plan for Promoting Development of SMEs during the 13th Five-year Plan Period”, the Ministry of Industry and Information Technology and the Bank of China jointly formulated the “Five-Year Action Plan for Promoting International Development of SMEs” in August 2016, which aims to strengthen information sharing and policy collaboration, build cross-border matchmaking services platform, innovate in the financial support mode, improve financial services and promote SMEs to be integrated into global markets and leverage global elements.
Yuan Baocheng said that the 13th CISMEF SMEs Cross-border Business Matchmaking Activity last year opened up a new way of offering financial support for cooperation among Chinese and foreign SMEs and was recognized and welcomed from home and abroad. He hoped that the 14th CISMEF SMEs Cross-border Business Matchmaking Activity this year may continue to set up a bridge for SMEs from home and abroad to “go out and come in” and provide them with more substantive help in strengthening exchanges and cooperation and jointly opening up markets.
Liu Qiang said that the CISMEF is the grandest, the most important and the most influential international event for SMEs in the Asia-Pacific region. The Bank of China introduced its global cross-border matchmaking services for SMEs into the CISMEF to give full play to its bridging and guiding role for investment and trade of SMEs from home and abroad, further serve the international industry cooperation, and strive to provide better financial services for Chinese and foreign SMEs.
The matchmaking activity, through the “six steps in one” process of constructing the information database, customer matching, online blind date, face-to-face discussion, site visits and financial services, provides enterprises with financial services throughout their full life cycle. 275 overseas enterprises from 15 countries and regions, namely South Africa, Myanmar, Nigeria, Thailand, Malaysia, Sri Lanka, Russia, Bulgaria, Japan, Zambia, United Nations Office for South-South Cooperation, Greece, Mexico and Hong Kong and Taiwan and 423 domestic enterprises participated in the “one-to-one” and “face-to-face” site negotiations.