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The 1st China International SME Fair Opens in Suzhou

The 1st China International SME Fair was held from 25th to 28th of Oct. at Suzhou International Expo Center. The floor space of 35,000m2 in 1,500 exhibition stands were share among over 800 SME's with 7,000 corporate participants and 40,000 visitors. Present at the opening ceremony were Yuan Pu, Director of Coordination Center of SME External Cooperation under National Development & Reform Commission, Deputy Governor of Jiangsu Province, Han Qinghua, Deputy Secretary-general of Provincial Government and Director of Provincial Economic and Trade Commission, and Indian Consul General in Shanghai, etc. Mayor Yan Li of Suzhou delivered a welcome speech at the ceremony and Zhou Weiqiang, Vice-mayor of Suzhou presided over the meeting.

The fair was jointly sponsored by China SME Association for International Cooperation, Jiangsu Provincial Economic and Trade Commission, Suzhou Municipal Government, the Provincial SME Bureau, and China Business Journal, and attended by enterprises and organizations from some dozen countries and regions like France, Germany, Japan, Spain, and Hong Kong, etc. Consuls and commercial officials in China from some twenty countries were invited to the fair. Also involved in the fair activities were representatives from Japan-China Businessmen's Association, Sino-French Association of Entrepreneurs and Managers, Hong Kong Exhibition and Convention Industry Association, Euro-Asian Center, and International Festive Association, etc. The products and enterprises covered the professional fields of machine tools and molds, textile machinery, trade, logistics, technology, finance, management, and human resource.

The fair was accompanied by SME international forums, in which over 70 guests of honor from China and abroad will give lectures for exchanges on such themes as international cooperation projects, the industrialization of scientific research results, the uplifting of corporate competitiveness, the extension of sales and marketing channels, the survival of entrepreneurs, the financing for projects, enterprise management, and logistics operation, etc.

Presently, the number of SME's in China has exceeded 30 million, comprising 99.3% of the total number of enterprises, and making up 55.6% of GDP, 74.7% of newly added output value, 46.2% of tax contribution, and 62.3% of export volume of the whole country. SME's in the Yangtze delta region make up over 90% of the total number of SME's in China. Privately owned enterprises in Suzhou have hit the number of over 100,000, making Suzhou the fastest growing region in terms of civilian-run economy.

Mayor Yan Li says at the opening ceremony that, as a modern manufacturing base, Suzhou has become a region where the civilian-run economy is the most dynamic force, and the fair will afford a valuable arena for the demonstration and promotion of products, procurement, and trade, and for the extension of production chains and greater opportunity of enterprises' growth.

Oct. 26, 2006


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