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Profile of the 2nd Chinese Enterprises Outbound Investment Conference
1. Time: April 22-23, 2008
2. Venue: Great Wall Sheraton Hotel of Beijing
3. Hosts: China Council for the Promotion of International Trade (CCPIT)
Ministry of Commerce (TBC)
4.Supported by: Ministry of Foreign Affairs
Ministry of Finance
Ministry of Agriculture
General Administration of Customs
State Administration of Taxation
General Administration of Quality Supervision, Inspection and Quarantine
Development Research Center of State Council
State Administration of Foreign Exchange
5. Objective:
Encouraging and facilitating Chinese enterprises to invest globally in accordance with China’s Go Global Strategy.
6. Content:
a. Introduction of policies, laws and regulations aimed at encouraging and assisting Chinese enterprises to invest globally by senior officials from state commissions and ministries in charge of outbound investment;
b. Introduction of investment environment and opportunities in other countries by representatives of foreign countries’ embassies and general consulates in China and other investment promotion organizations in those countries;
c. Experience sharing of the successful Chinese investors to foreign countries;
d. Introduction of investment service available and exploration of technical issues in international investment from professional consulting service providers.
7. Activities:
a. Opening ceremony, plenary session (policy release and introduction of consulting service);
b. Parallel seminars including sector-based seminars on mining and energy, agriculture, Cereal and Edible Oil Equipment and Machinery, region-based seminars on Canada, Britain, Germany and US, etc;
c. Exhibition booths for investment service providers (a few);
d. Welcoming banquet and networking.
8. Participants
It is expected that there will be around 600 participants from Chinese enterprises intending to invest globally, Chinese government agencies, foreign embassies and general consulates in China and other investment promotion organizations, consulting service providers home and abroad including accounting firms, law firms and consulting firms, chambers of commerce, industrial associations and trade promotion organizations home and abroad.
9. Profile of the First Chinese Enterprises Outbound Investment Conference
The First Chinese Enterprises Outbound Investment Conference was hosted by China Council for the Promotion of International Trade (CCPIT), Ministry of Commerce, China Export & Import Bank and the Economic Daily and organized by the Economic Information Department of CCPIT and Ernst and Young between May 17 and May 19, 2007.
The conference was composed of Opening Ceremony, Forum for Chinese Government Agencies, Forum on International Investment Service, Forum on International Investment Environment, sector-based seminars on mining and energy, agricultural machinery and power, Seminar on Investment Promotion of CCPIT Sub-Councils, Seminar on Investing in Canada and exhibitions of consulting service providers home and abroad.
Over 700 participants are from Chinese enterprises, Chinese government agencies, foreign countries’ embassies and general consulates and other investment promotion organizations, consulting service providers home and abroad, CCPIT Sub-Councils and media.
Senior officials from State Development & Reform Commission, State Administration of Taxation, Ministry of Commerce and China Export & Import Bank introduced the latest policies, laws and regulations on encouraging and assisting Chinese enterprises to invest globally. Ambassadors of US, France, Brazil, South Africa, South Korea, Ukraine and Cambodia to China and senior diplomatists from another six countries’ embassies in China were invited to introduce the investment environment and opportunities in their countries. Specialists from Ernst & Young and some law firms and consulting firms introduced the packages of service they can provide to those potential Chinese investors and discussed about some important issues in investing abroad. Senior managers from sectors like mining and energy, agricultural machinery and power told their success stories of investing globally. Mr. Jean Chretien, former premier of Canada, was also invited to participate and make a speech in the cocktail party after the Seminar on Investing in Canada.
The participants from Chinese enterprises are attentive and active in raising a lot of questions to the speakers, which showed their interest and attitude in going global. The conference also drew a lot of attention from over 50 national-level media and local media that sent journalists to the conference for reports. | 