In the afternoonof March 20, the First Private Session of “China SME Financial Service 50 Forum” (S50 Think Tank) Beijing was held at the Multi-Function Hall of the Headquarters of China Yong Group. As the consultant of S50 Think Tank, and Vice Chairman of the National Academy of  Economic SecurityCouncil,Chairman Li Yong attended and addressed the session. He extended a warm welcome to consultants of S50 Think Tank and special guests at the Group Headquartersand looked forward to new ideas anda great success!

The Chairman of S50 Think Tank and Former Vice Chairman of the National Council for Social Security Found Wang Zhongmin delivered the opening speech. He thanked allconsultants and special guests for attending the session and offering suggestions to the problem of difficult financing, expensive financing and slow financing for Chinese SMEs. The consultant of S50 Think Tank and Former ViceChairman of China Banking Regulatory Commission CaiEsheng, the consultant of S50 Think Tank and Leader of the Research Group of  the Development Research Center of the State Council MengXiaosu, and the special guest and Former President ofthe Bank of China Li Lihui delivered speeches. The consultant of S50 Think Tank and Former Vice President of People’s Bank of  China Wu Xiaoling delivered a  speech via video link.

The development of SMEs has always been an issue of public concern. Especially in the era of digital economy, how to use financial and technological power tobetter promote development has become the focus. After the epidemic, the economic development of SMEs must be put on the agenda. In the era oftechnology, small enterprises rapidly grow into billions or trillions ofecology by virtue of the power of finance, which endows the financial service of SMEs with a new sense of mission and significance. At present, the problems of financing difficulties, expensive financing and slow financing of SMEs,especially private enterprises, have not been fundamentally alleviated. There is still a big gap between financial services and SMEs’ demands and expectations.Through the First Private Session of S50 Think TankBeijing, participants discussed how to collect voices from all industries, providing reference for governments to formulate relevant policies, and escorting the development of Chinese SMEs.

Before the discussion at the session, participants also listened to the PPT introduction of China Young Group to understand its development history and key achievements. After the session, Chairman Li Yong also led the participants to visit the Group’s Collection and Exhibition Museum and hosted a banquet for all the guests.

The First Private Session of S50 Think TankBeijing was Held at the Multi-FunctionHall of the Headquarters of China Yong Group

The First Private Session of S50 Think TankBeijing was Held at the Multi-FunctionHall of the Headquarters of China Yong Group 

After the session, Chairman Li Yong took a group photo with some participants in the lobby on the First Floor of the Headquarters of China Yong Group

As the consultant of S50 Think Tank and Vice Chairman of the National Academy of Economic SecurityCouncil, Chairman Li Yong attended and addressed the session

Chairman Li Yong listened to the participants’ speeches at  the session

The Chairman of S50 Think Tank and Former  Vice Chairman of the National Council for Social Security Found Wang Zhongmin delivered the opening speech

The consultant of S50 Think Tank and Former Vice President of People’s Bank of China Wu Xiaoling delivered a speech via video link

The consultant of S50 Think Tank and Former Vice Chairman of China Banking Regulatory Commission CaiEsheng delivered a speech

The Consultant of S50 Think Tank and Leader of the Research Group of the Development Research Center of the State Council MengXiaosu delivered a speech

The special guest and Former President of the Bank of China Li Lihui delivered aspeech

Participants listened to the PPT introduction of China Yong Group

Participants  listened to the PPT introduction of China Yong Group