october 31, 2018 solstice on november 2, 2018, the 2018 china enterprise international financing fair jointly sponsored by the ministry of science and technology, the all-china federation of industry and commerce and the tianjin municipal people's government was held in binhai new area, tianjin. vice secretary of tianjin municipal committee, mayor zhang guoqing, vice secretary of the cpc leading group of all-china federation of industry and commerce, full-time vice chairman fan youshan, and member of the cpc leading group of the ministry of science and technology made keynote speeches at the meeting. aaron wang, president of international union construction group, was invited to participate in the conference and discussed the investment and financing paths and in-depth cooperation with representatives of participating enterprises.
the 2018 china enterprise international financing fair was held in binhai new area, tianjin
the investment and financing solutions of supply chain asset management, industrial fund and international investment provided by international union construction group have attracted high attention of the participating enterprises. aiming at the supply chain field, international union construction group takes core enterprises as the starting point, integrates upstream and downstream enterprises of the supply chain globally, provides credit granting through credit binding, and provides large-scale financial support for enterprises. in the process of supporting industrial transformation and upgrading, china international union construction group takes the lead of domestic and overseas capital, famous domestic investment institutions and large foreign institutions to jointly launch and set up a global industrial fund, guide the flow of domestic and overseas capital to strategic emerging industries, and promote the adjustment and upgrading of industrial structure. in the face of the trend of capital globalization, international union construction group actively promotes international creditor's rights and equity investment, unites international well-known financial institutions, investment banks and other partners, introduces low-cost cross-border capital, invests in high-quality enterprises' international creditor's rights and equity, helps enterprises broaden their international vision and build international competitiveness. over the years, with professional management system and comprehensive operation advantages, international union construction group has accumulated rich operation experience in the cooperation projects with many well-known state-owned enterprises, listed enterprises and private enterprises, which has been widely recognized by enterprises. at the symposium, china international union construction group and tianjin binhai new area government formally signed an industrial fund strategic agreement, aiming at helping enterprises solve investment and financing problems and jointly promoting the upgrading of the overall industrial structure.
in recent years, with the strong support of national policies, binhai new area has become an important economic growth point of tianjin and even the whole north china. at the same time, the government of binhai new area has issued a number of preferential policies, vigorously supported the development of industrial funds, and built binhai new area into a fertile soil for the robust growth of industrial funds. based on the superior location factors and policy conditions of binhai new area, international union construction group has settled the industrial fund parent fund here to better serve high-quality enterprises and inject a steady stream of power into the national strategic emerging industries.
wang daoyu, president, said: this cooperation is an important step taken by the international union construction group in the field of industrial fund investment this year. international union construction group has been committed to supply chain asset management, industrial fund, international investment, securities investment, equity investment and other financial investment fields for many years. in response to the current industrial development needs, china international union construction group has set up an industrial fund with a total scale of 50 billion yuan to invest capital in the real economy and strategic emerging industries, optimize the direction of capital allocation, and promote the benign recycling of capital. in the next few years, china international union construction group will set up a special industrial fund to select enterprises with good development potential, strong performance ability and good credit status through open bidding and tendering for industrial investment, so as to solve the shortage of capital in the process of enterprise development and effectively promote industrial transformation and upgrading. at the same time, we have successively established asset management, investment management, enterprise management and other related businesses to expand the investment field, form a wider range, a higher level and a deeper level of cooperation with high-quality enterprises, deepen the integration of industry and finance, and promote high-quality economic development in the region.