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Spring events set stage for industrial transformation and investment
By Lu Xiaofeng, Guan Wunfei, Pan Qingyun and Tom Qian |
April 30, 2013, Tuesday
|
Print Edition
Print Edition
CHINA Creation Spring Final 2013" was held in Jiading from March 20 to 22. The contest served as a stage for the exchange of information for business startups and venture capital investment in China.
Since 2006, the platform has helped enterprises attract an investment of more than US$150 million. The activities had been held in Hangzhou and after rounds of negotiation with Hangzhou authorities, they were split divided into two seasons - spring and autumn - with the spring event held in Jiading.
"We strive to set up the platform for enterprises to settle down in Jiading and help them to develop in the market," Fei Xiaomei, Jiading's deputy governor, said.
"Some years ago, a Jiading-based company won top place at the event in Hangzhou and that has attracted many investors here. So we are trying to build up such a launch pad for new products and new technologies."
Tan Bing, director of Jiading District's Economic Commission, said: "Over 600 people joined the activities in the first two days, and we have signed a three-year contract with the organizer to gain maximum benefit from the event."
One highlight of the investment platform was for those taking part to explain their projects in just six minutes followed by a three-minute question and answer session. After that the investors would decide whether or not to invest.
Luring investors
The investors asked the players questions in turn and those pitching their projects looked well prepared. However, many others felt that the time they were given was still too short to fully make clear what their projects were about and why they deserved backing.
In another business contest, participants presented their business ideas in a five-minute road show and answered questions from the judges in a seven-minute Q&A session.
Outstanding entrepreneurs received financing and will be get to test run their new businesses at the Jinsha 3131 Creative Zone or the 5i North Hongqiao Center in Jiading.
Yunsheng Bamboo and Trust Analytics from Jiading topped the list of winners. Outdoor decoration product manufacturer Yunsheng Bamboo is listed on the Shanghai Stock Exchange. "The market is so big, and our company cannot produce in large scale, so we come here to find investment in order to accelerate development," the company's president Gao Yonghui said.
Trust Analytics can assist merchants to deliver promotional information to potential clients when they are shopping around. One of its products, a precision marketing tool, has found favor with 205 hypermarkets.
Jiading is setting up a large incubator service center with an area of 2,000 square meters in the district, which will be put into use in June. "To provide a platform for enterprises and investors to cooperate is an obligation of the government," Tan said.
Since 2006, the platform has helped enterprises attract an investment of more than US$150 million. The activities had been held in Hangzhou and after rounds of negotiation with Hangzhou authorities, they were split divided into two seasons - spring and autumn - with the spring event held in Jiading.
"We strive to set up the platform for enterprises to settle down in Jiading and help them to develop in the market," Fei Xiaomei, Jiading's deputy governor, said.
"Some years ago, a Jiading-based company won top place at the event in Hangzhou and that has attracted many investors here. So we are trying to build up such a launch pad for new products and new technologies."
Tan Bing, director of Jiading District's Economic Commission, said: "Over 600 people joined the activities in the first two days, and we have signed a three-year contract with the organizer to gain maximum benefit from the event."
One highlight of the investment platform was for those taking part to explain their projects in just six minutes followed by a three-minute question and answer session. After that the investors would decide whether or not to invest.
Luring investors
The investors asked the players questions in turn and those pitching their projects looked well prepared. However, many others felt that the time they were given was still too short to fully make clear what their projects were about and why they deserved backing.
In another business contest, participants presented their business ideas in a five-minute road show and answered questions from the judges in a seven-minute Q&A session.
Outstanding entrepreneurs received financing and will be get to test run their new businesses at the Jinsha 3131 Creative Zone or the 5i North Hongqiao Center in Jiading.
Yunsheng Bamboo and Trust Analytics from Jiading topped the list of winners. Outdoor decoration product manufacturer Yunsheng Bamboo is listed on the Shanghai Stock Exchange. "The market is so big, and our company cannot produce in large scale, so we come here to find investment in order to accelerate development," the company's president Gao Yonghui said.
Trust Analytics can assist merchants to deliver promotional information to potential clients when they are shopping around. One of its products, a precision marketing tool, has found favor with 205 hypermarkets.
Jiading is setting up a large incubator service center with an area of 2,000 square meters in the district, which will be put into use in June. "To provide a platform for enterprises and investors to cooperate is an obligation of the government," Tan said.
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