In recent years, China’s government attaches great importance to developing trade in services. Financial service is an important part of service trade and has a big potential in international exchanges and cooperation. Guangzhou Municipal Government also established the strategies of developing the “StrongFinancialCity” and formulated a series of polices to promote the development of financial service industry.
Since the second half of 2007, the growth momentum of the main economies in the world began to slow down. China’s government adopted a tight monetary policy and therefore the enterprises in the Pearl River Delta Area, especially the private ones, met some difficulties in getting financing help. With a view to helping the enterprises with the development potential in Pearl River Delta to expand the investment and financing channels and ensuring the smooth industry transfer and upgrade, the China international Financial Services Conference will be held in Guangzhou, the financial center of South China. The Conference will promote the exchanges on depth and mutual beneficial cooperation among financial institutions, financial enterprises and outward-oriented enterprises. On the one hand, it will display new products and services of commercial banks, investment banks, guarantee companies and other financial institutions home and abroad and help Chinese enterprises know more about how to obtain funds through trade financing and equity financing. On the other hand, it will help the domestic financial institutions to learn the advanced concepts from the overseas counterparts so as to provide better financial services in assisting enterprises to go global.
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