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Qingdao West Coast Capital Conference Ended on a Successful Note

Source:   Updated :2018/08/28    Hits:

The matchmaking of business capital with financial capital fuels China’s old-to-new growth driver shift. To answer the call for old-to-new growth driver shift in Shandong, Qingdao West Coast Capital Conference was held in Green Financial Center  of Qingdao West Coast New Area on July 28. It aimed to introduce SUFE Alumni to the high-tech enterprises in Qingdao West Coast New Area.

Under the supervision of Shanghai University of Finance and Economics Alumni Association (SUFEAA), the two-day conference was jointly organized by the Management Committee of Qingdao Marine High-tech Zone, Green Financial Center of Qingdao West Coast New Area, Science and Technology Bureau of Qingdao West Coast New Area, SUFEAA (Qingdao), SUFE Alumni Association of Entrepreneurship and Investment, Alumni Association of School of Statistics and Management at SUFE, and SUFE Qingdao Wealth Management Institute . Amid the conference, more than 70 equity investment institutions and financial services companies from all over the country had in-depth exchanges with a great many technology firms in the West Coast New Area, with a shared aim to promote the cooperation and matchmaking between capital and real economy.

At the opening ceremony of the conference, Zhang Shibin, commissioner of SUFEAA and president of SUFEAA (Qingdao), Yang Qingyu, deputy secretary general of SUFEAA and deputy director of SUFE Cooperation and Development Department, and Shao Rui, deputy head of Qingdao West Coast New Area, delivered speeches respectively.

On behalf of SUFEAA (Qingdao), Zhang Shibin extended a warm welcome and his gratitude to the leaders, guests and alumni for their involvement. According to Zhang, this conference is of profound significance since it heralds SUFEAA’s exploration to serve local government, as well as a proactive attempt to deepen the cooperation between the two parties. “In the future, SUFEAA will continue to establish the platform for exchanges to assist the enterprises in broadening their financing vision while making its own efforts in attracting investment and talents for the modern industries in Qingdao. ”

“Strive for virtue and knowledge; Assist in economy and governance.” Centering on the motto of SUFE, Yang Qingyu presented a detailed introduction to the university’s internationalized education system and its model of innovative talent cultivation. Combining his thoughts on the work of alumni, Yang introduced the development of SUFEAA over the years. Yang believed that, with the attention of the leaders from the West Coast New Area, the dedication of alumni from SUFE, and the communication with  SUFEAA Version 2.0, this conference is bound to achieve great success.

On behalf of the Work Committee and Management Committee of the West Coast New Area, Shao Rui, deputy head of the West Coast New Area, expressed his sincere welcome to all guests and heartfelt thanks to SUFEAA for its substantial support to the construction of the West Coast New Area. In his speech, Shao made a review on the development history and abundant achievements of the West Coast New Area in the past four years. Shao indicated that the real economy is the foundation of finance, and finance is the lifeblood of the real economy. The West Coast New Area has focused on building the Green Financial Center to study and implement all the guiding principles from the 19th CPC National Congress and the requirements proposed in the speech by Present Xi during his inspection in Shandong. In the future, the West Coast New Area will strive to provide more favorable services and create a welcoming business climate by continuously adhering to the innovative, pragmatic and efficient work style.

Keynote speeches have been delivered by the following figures from various perspectives: Elton Jiang, managing partner and managing director of Northern Light Venture Capital (NLVC), Shao Yu, chief economist and assistant president of Orient Securities, Wu Fei, member of the board with SUFE and founder of Tao Te Investment, Li Bing, member of the board, senior partner and vice president of Yingke PE, Gao Hongqing, former managing director of Fortune VC and managing partner of New Margin Capital. All the speeches were well received and have brought new ideas to the enterprises in the West Coast New Area in terms of facilitating rapid development, industry integration and old-to-new growth drivers shift. After the presentation, more than 30 selected road show programs were divided into groups by the category of their theme and exhibited in turn at three venues. Leading figures in venture capital investment set forth the problems of these programs on the spot, drawing heated responses.

On July 29, the heads (mainly members of SUFEAA) of well-known investment organizations paid a visit to industrial projects in the West Coast New Area, such as Wanda Studios, Green Financial Center, CREC-Qingdao World Expo City and Military-Civilian Integration Innovation Demonstration Zone in Guzhenkou as well as Bright Moon Seaweed, in a bid to learn more about the strengths of the West Coast New Area and the real economy of Qingdao.