The First China Venture Capital Forum
2017-01-08 IMI
Dr. Dai Lijuan, vice president and secretary-general of Beijing Venture and Innovation Association, delivered an opening speech. Dr. Dai gave an introduction of the Association’s aim, development directions and resource advantages. Through integrating the excellent resources from financial, venture capital and academic institutions, the transformation of scientific and technological achievements and third-party service institutions, the Association has enhanced the capabilities in its output services, gradually established a highly efficient, professional venture and innovation platform and provided powerful support for the Beijing area and even the whole country in promoting entrepreneurship and innovation.
Then, Professor Liu Manhong, president of Beijing Venture and Innovation Association, delivered a speech. She said that the aim of the Association is to promote entrepreneurship through innovation. Encouraging entrepreneurship and innovation is a prevailing national policy around the world. Currently, with the strong support of national policies and the whole society in promoting entrepreneurship and innovation, China will make great progress both in quantity and quality and break new ground in the future.
In his speech, Professor Hong Dayong, vice president of RUC, said that it was exactly the right time and of great significance to hold this forum. Under the theme of “the Prospect and Development of Venture Capital in the New Situation”, this forum explores how to effectively integrate the resource advantages of venture capital and deepenthe innovation-driven development strategies to promote a sound and sustainable development of the investment field. Together with RUC’s key departments like the Alumni Association, Department of Employment and Career, Culture and Science Park and so on,Beijing Venture and Innovation Association has founded the Entrepreneurship Association of RUC and made much effort toactively prepare for the Alumni Entrepreneurship Foundation. Thanks to the in-depth cooperation between two sides, RUC can fully bring its subject advantages into play, integrate educational resources and perform its social responsibilities.
Moreover, Wang Jinzhan, director of Science and Technology Communication Center of China Association for Science and Technology, expounded the role and position of China Association for Science and Technology in entrepreneurship and innovation. Science and Technology Communication Center will try its best to accelerate the transformation of scientific and technological achievements, form a soundtransformation mechanism and a perfect evaluation system of scientific research achievements so as to provide enough impetus for the sustainable development of entrepreneurship and innovation.
The first session of the forum is keynote speeches by four guests.
Xiao Bing, president and managing partner of Fortune Venture Capital, made a keynote speech entitled “new circumstances, challenges, and countermeasures in the venture capital industry”. He focused on the hot issues and opportunities of venture capital, and how to deal with the changes in the capital market.
Zhu An, partner of Deloitte Touche Tohmatsu CPA Ltd., also made a keynote speech entitled “development trends of China’s high-growth enterprises and new trends of the international capital market”. He shared the background information ofthe project—Deloitte's Technology Fast 50 China, and offered an overview of the listed 50 top enterprises. Additionally, he made a detailed analysis of the innovation-driven strategy, the industrial layout and future capital flows.
Liu Jianhong, chief content officer of LeTV Sports Culture Develop, Co., Ltd., delivered a keynote speech entitled “the status quo and development directions of the LeTV Sports Industry”. He mainly analyzed the financing channels of LeTV sports and the current business models. Also, he talked about the development paths of China’s sports industry.
In his keynote speech entitled “finance and technology’s promotion effect on entrepreneurship and innovation”, Professor Yang Dong, assistant dean of Law School of RUC, elaborated the development trendsand safety governance of finance and technology. He laid much emphasis on the positive role of finance and technology in entrepreneurship and innovation.
The second session of the forum is high-level dialogue themed “improving the financing environment for innovative businesses”, led by associate professor Hu Bo, also deputy director of the Venture Capital Development Research Center of RUC.
Liu Manhong, Xuan Ruiguo, chairman of the board of China Automation Group Limited, Qiu Wenguang, secretary of the board of CITIC-Prudential Life Insurance Company Ltd., Xie Bing, managing director of Goldstone Investment Limited, and Fang Yan, senior partner of Beijing Jincheng Tongda& Neal were all invited as special guests to participate in the dialogue. The Guests discussed each of the following topics widely and deeply: how the financial capital could flow from the fictitious economy to the real economy; how we should better guide all kinds of financial capitalto flow towards venture capital for financing support; what kinds of problems exist in the development process of venture and innovation companies; what kinds of legal risks we need to pay special attention to in the development process of venture and innovation companies, etc.
Being the first large-scale one of a series of 2017 activities organized by Beijing Venture and Innovation Association, this forum has invited many well-known experts and leaders from the venture capital field, the financial industry, the academic sector, the technology industry, and etc. to cooperate and innovate together. The Association will deepen the cooperation with RUC to explore an innovative talent cultivating model in higher education, to implement theeducational reform of innovation and entrepreneurship, and to offer assistance and guidance to university students in the innovation and entrepreneurship cause.
