Chairman (China side) of Investment Forum

Mr.WANG will be leading an CICCPS delegation combined of over 20 international top 500 Chinese companies. Wang Yanguo is the Vice President and Secretary General of the International Chamber of Commerce. He Joined the Communist Party of China in 1971 and once served in the China Mining Association. Wang used to be the President of China Council for the Promotion of Interantional Trade(CCPIT) Sub-council of Mining Industry. He was also the former Party Secretary and Vice President as well as the Secretary General of China Mining Association. With a graduate degree in law, Wang is an excellent leader with very rich experience in grass-roots work, management of national chambers of commerce and business of the national associations.

China International Chamber of Commerce for the Private Sector (CICCPS), http://www.cpoec.org/en, was established by the State Council. It is the only one national organization specialized in helping the domestic private enterprises go out and have international cooperation and exchange with foreign countries and regions, which has gained a wide support from many governments and enterprises.

CICCPS is under the jurisdiction of All-China Federation of Commerce & Industry, a national body for business with over 2 million members. It is guided by the Department of Commerce as well as National Development and Reform Commission(NDRC) and the administrative authority for the registration of its members is the Ministry of Civil Affairs.

CICCPS plays an important role in the economy of China by assisting the top 500 Chinese enterprises to cooperate with overseas companies and providing opportunities for investment, merger and acquisitions. It has established strategic cooperation relations with financing institutions, leading universities and has built close working relationship with investment promotion institutions of 133 countries and more than 140 foreign embassies and business organizations. So far it has gained a line of credit totaled 180 billion yuan from Bank of China(BOC), China Construction Bank(CCB) and China Merchants Bank(CMBC).

The member enterprises of CICCPS cover more than 20 industries and their projects extend all over the world, not only an absolute majority of the domestic provinces but also over 70 countries and regions abroad. The functions it carries are diverse and comprehensive, including trade and investment promotion, international cooperation, conventions and exhibitions, cultural exchanges, business training, legislation and rights protection, consultation services, theoretical researches, etc.

The development goals of CICCPS are for the private enterprises’ going out and showing themselves to the world, to initiate alliances for mutual improvement and enterprise development, service going out business association of cooperative organizations.