Prince Michael of the UK leads a delegation to participate in the “Northeast China in Revitalizing- Sino-U.K. Enterprise Investment Seminar”

—— Speech by Liu Qun, the general manager of State-Guest Entrepreneur's Club

On May 16, 2005, the “ Northeast China in Revitalizing- Sino-U.K. Enterprise Investment Seminar ” was held in Liaoning Friendship Hotel. At the invitation of State-Guest Entrepreneur's Club, Price Michael of the U.K. led a financial delegation to participate in the seminar and gave a lecture. On the seminar, Mr. Liu Qun, the general manager of State-Guest Entrepreneur's Club, made a speech entitled “Double-thousand plan —— Chinese enterprises' going global and European and American enterprises' coming into China”.

Ms. Gao Guozhu, vice-director of the Standing Committee of Liaoning People's Congress, welcomed the Price Michael and his party. The visit of the delegation headed by Prince Michael to China aimed to promote the financial service industry of the UK , establish and develop a business relationship with enterprises in China , and discuss the possibility of developing commercial cooperation.

On the seminar, Prince Michael, Earl of Balfour, marquess of Reading, CEO of British Capital Company,experts of British Investment Bank, as well as Professor Xiao Zhuoji (the independent director of Board of China International Industry & Commerce Co. Ltd.), a standing member of the National Committee of the Chinese People's Political Consultative Conference and a well-known economist, gave brilliant speeches respectively on topics of “economic development and present investment condition in China”, “oversea investment expansion of Chinese enterprises”, “trust mechanism and international capital circulation”, “the choice of Chinese enterprises in the capital market and the development and rejuvenation of enterprises in Northeast China”, as well as the “tendency of China's monetary policy”.

Mr. Liu pointed out in his lecture on the topic of “Double-thousand plan —— the Chinese enterprises' going global and the European and American enterprises' coming into China” that the State-Guest Entrepreneur's Club is dedicated to establishing a service platform for international exchange and international finance. Through forms of promotion fairs and summit forums, we promoted one thousand Chinese enterprises to “go global” and introduce one thousand European and American enterprises to invest in China . We endeavor to help Chinese and foreign enterprises to be partnership and strive for hundreds of Chinese enterprises to list and finance in overseas capital markets.

After the seminar, Mr. Li Yingjie, the mayor of Shenyang , had a cordial and friendly conversation with Prince Michael and his party. Mr. Li expressed a warm welcome to Prince Michael's visit, and spoke highly of this seminar. He expected to strengthen the exchange and cooperation in fields of automobile, machinery, manufacturing, finance and so on. The leaders of Shenyang People's Government appreciated the State-Guest Entrepreneur's Club for their invitation of Prince Michael and his party. In addition, they desired for more activities which are conducive to the development of Shenyang 's enterprises.

This seminar of investment was jointly held by State-Guest Entrepreneur's Club, Liaoning Province 's Association for Friendship with Foreign Countries, the Financial Office of Liaoning People's Government. Nearly 200 representatives from local large and medium-sized enterprises attended the seminar.                                                   More Pictures