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The 7th Western China High-tech Industry and Financial Capital Matchmaking Forum Opens
Updated:2020.10.22

  On October 20, the 7th Western China High-tech Industry and Financial Capital Matchmaking Forum themed with "Integration of Technology and Financial Innovation, Enabling High-quality Economic Development" was inaugurated in Chengdu. Hao Mingjin, Vice Chairman of the Standing Committee of the National People's Congress and Chairman of China National Democratic Construction Association, attended the opening ceremony and delivered a speech. Meanwhile, Peng Qinghua, Secretary of the CPC Sichuan Provincial Committee, delivered a speech at the opening ceremony.

  Hao Mingjin extended his congratulations to the conference in his speech. He said that this year was an extraordinary year, and it was also the year when a well-off society would be built in all aspects and the 13th Five-Year Plan came to an end. Facing the dual pressure of the COVID-19 and the economic downturn, the CPC Central Committee with Comrade Xi Jinping at the core united and led the people of all ethnic groups across the country to overcome difficulties, coordinated the epidemic prevention and control with economic and social development, and stepped up to restore the production activities and daily life, and do a solid job to stabilize employment, finance, foreign trade, foreign investment, domestic investment and expectations (i.e. the six stabilities), fully implement the policies for ensuring employment, basic livelihood, market players, food and energy security, the stability of industrial chains and supply chains and grassroots operation (i.e., the six guarantees). As we achieved the major strategic results during the national anti-epidemic combat, the national economy was restored, demonstrating the strong advantages of China's political system and the tremendous resilience of the socialist market economy. A new development pattern whereby domestic and foreign markets can boost each other, with the domestic market as the mainstay is gradually taken into shape.

  Hao Mingjin emphasized that the current economic development momentum in China is transformed swiftly and is in a critical period of converting the old into the new. The economic development model is shifting from traditional factor-driven to innovation-driven, and innovative factors appear and function at an unprecedented speed. At the same time, the comprehensive deepening of reforms has brought new opportunities and space for the capital market expansion. After two pilot projects of STIB and GEM, breakthroughs have been made in reforming the registration system of the capital market. Reforms in various fields and links have been carried out in an orderly manner. The efficiency of serving the real economy continues to improve.  Promoting the integration of technology and finance has become powerful support for promoting industrial development. Financial innovation must be further accelerated, coordination among policies must be strengthened, and more convenient and efficient financial products and services should be provided for technology-based enterprises, especially small, medium, and micro-enterprises.  In recent years, CPC Sichuan Provincial Committee and People's Government of Sichuan Province have conscientiously implemented the CPC Central Committee’s decision and deployment. As long as we adhere to the new development concept, regarding the supply-side structural reform as the main line and the reform and opening up as the driving force to promote high-quality development, we can truly release the vitality of innovation and entrepreneurship,  continuously improve the financing system, and make new achievements in various tasks. It is believed that under the leadership of the CPC Sichuan Provincial Committee and People's Government of Sichuan Province, local high-tech industries and financial capital will be further promoted and integrated. Technological progress breeds financial innovation, which, conversely, serves the technological enterprises and realize a virtuous circle. The quality and efficient economic and social development in Sichuan will accelerate the creation of an important growth pole and power source for high-quality development in the western region.

  In his speech, Peng Qinghua, on behalf of the CPC Party Committee and People's Government of Sichuan Province, extended his welcome to guests who came to the conference and participated in online and offline activities and expressed gratitude to China National Democratic Construction Association, relevant ministries and units and friends from all walks of life who have long cared about and supported Sichuan’s economic and social development. He pointed out that the close integration of technological innovation and financial innovation was an important driving force for social development and progress. The CPC Central Committee attaches great importance to promoting scientific and technological innovation and financial innovation. General Secretary Xi Jinping has made important instructions in his speeches, which demands that we must implement in light of actual conditions, and realize the effective connection of financial resources and scientific and technological resources by deepening financial and technological innovation. Simultaneously, we should accelerate the transformation of scientific and technological achievements and cultivate strategic emerging industries, continuously improve the overall effectiveness of the independent innovation system so as to provide the ceaseless impetus for high-quality economic growth.

  Peng Qinghua pointed out that since ancient times, people lived in the Sichuan area has a tradition of valuing innovation and daring to be the first. In recent years, we have vigorously implemented the innovation-driven development strategy and accelerated the establishment of a pilot province featuring the national innovation-driven development and financial technology application, which has strongly promoted economic and social development and provided a broad stage for further advancing the connection between high-tech industries and financial capital. On October 16, General Secretary Xi Jinping presided over a meeting of the Political Bureau of the Central Committee to review the Construction Planning Outline of Chengdu-Chongqing Economic Circle, which further clarified the goal of building an Influential Science and Technology Innovation Center in China and proposed the "mission book" and "road map". Promoting the implementation of this national strategy is both a major political task and an important historical opportunity. We will continue to do a good job in connecting technology with finance, focus on strengthening the function of innovation resource aggregation and transformation. An integrated innovation system that closely integrates technology, industry and finance is built up to create multi-scenario innovative applications and a diversified venture capital ecosystem. Taking the Western (Chengdu) Science City and China (Mianyang) Science and Technology City as the main bearing areas, we will jointly build the Western China Science City with Chongqing based on the "One City, Multiple Parks" model, accelerate the construction of the western financial center, and create an innovation engine and financial paradise that radiates the western China, provides unlimited business opportunities for various innovative enterprises and financial capital.

  At the opening ceremony, Li Ping, member of the Party Leading Group of the Ministry of Science and Technology, Director of Science and Technology Daily, Wang Jianjun, Secretary of the Party Committee and Chairman of the Shenzhen Stock Exchange, delivered speeches. Li Yunze, Vice Governor of People's Government of Sichuan Province announced the launch of Tianfu Science and Technology Innovation Loan, and Li Gang, Vice Governor of People's Government of Sichuan Province, released the Report on Scientific and Technological Achievements Transfer in Sichuan Province. Subsequently, 20 major projects were signed on-site with financial investment institutions in order to obtain financial support through bank credit, bank credit, equity investment, etc.

  Li Gang presided over the opening ceremony. Wang Yihong, Chen Wenhua from People's Government of Sichuan Province, responsible comrades from China National Democratic Construction Association, relevant departments and bureaus of the Ministry of Science and Technology, Democratic Construction Association of CPC Sichuan Provincial Committee, and other departments (units) under direct administration of People's Government of Sichuan Province, relevant responsible comrades of the municipal (prefecture) governments, science and technology bureaus and national high-tech zones, Heads of universities, research institutes, well-known enterprises, and financial institutions attended the opening ceremony.


 
 
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