Two Huachun representatives made speech on the First Financial Innovation and Practice Forum held by Xinjiang CPPCC

    The first Xinjiang Financial Innovation and Practice Forum--- Bank and Enterprise Exchange and Cooperation in 2013 was opened at Urumqi Kunlun Hotel on May 10, which was held by autonomous region CPPCC and CBRC Xinjiang Supervision Bureau. Autonomous region CPPCC chairman Nuerlan Abudumanjin was present the forum and made a speech. Vice chairman of autonomous region Qian Zhizuo made an important speech. Leaders of people’s congress, government and CPPCC in autonomous region attended the opening ceremony. Over 400 people were gathered together including scholars in autonomous region and corps, financial experts, representatives of many Xinjiang commercial banks and non-bank financial institutions, persons in charge of medium, small and micro enterprises and chambers of commerce. 20 people who came form relevant government departments, financial regulations, financial institutes, small and micro businesses and non-bank financial institutions made special speeches. The president Li and vice president Chang delivered speeches separately.
    With the theme of how to solve the financing difficulty in small and micro enterprises, the forum aimed to jointly find out a good plan to solve the difficulty, discuss how to strength exchange and cooperation between banks and enterprises, gather positive development energy for small and micro enterprises to accelerate sound and fast development for the economic society of Xinjiang. Chang Qing, the unite representative of Xinjiang Small Loan Company Industry Association, delivered a speech with the title of Standardize management to become stronger and make greater contribution for economic development of Xinjiang, and Li Chenggong with Xinjiang should be the first region to convert system of Small Loan companies, which won warm responses with distinct thesis, accurate argument, rigorous reasoning and passion.
    Xinjiang entered a new stage of leapfrog development after the forum. Construction projects and investment intensity ranked top in the nation. But the capital investment still could not meet the needs of economic and social development in Xinjiang, which would be a long-term bottle neck restricting its development. Finance is the core of modern economy and investment is the key to promoting development of Xinjiang. In the next 10 years, Xinjiang would complete two major historical tasks and synchronously build a well-off society with the nation, which could not be separated from heavily invest funds and focusing on constructing major projects. How to solve the financing difficulty was an arduous task in front of governments at all levels and entrepreneurs.
    To explore solutions to ease the problem, autonomous region CPPCC decided to hold a series of activities on Xinjiang Financial Innovation and Practice Forum. Its basic idea and major objective were that absorbing all sectors of society to join in, condensing wisdom and strength of governments, banks, non-bank financial institutions, enterprises (units), members of the CPPCC, specialists and scholars to widen financing channels, innovate financing methods, optimize financing structure, improve financing speed and efficiency, increase services to real economy, urge and improve Xinjiang financial ecological environment, perfect Xinjiang financial system and promote the coordinative development of Xinjiang finance industry and real economy.
    The forum is a series of activities lasting for 5 years. It selects a subject to be discussed separately in May and Sept. each year. The forum works hard for building 4 platforms: exchange and cooperation platform, policy suggestion platform, industrial promotion platform and democratic supervision platform. It will carry out activities in salons, forums, negotiation meeting and other forms in other times according to requirements for solving practical problems.
 

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