Tianjin to boost international investment in private sector

The China international financing conference for private companies is scheduled to be held in Tianjin from November 12-13.

The event is part of the local government's efforts to boost the private sector, which currently amounts to 97 percent of all market entities.

Thanks to the policy packages rolled out to improve the business environment for private companies, the city witnessed its number of private market entities increase by 12.33 year-on-year to 1.32 million by the end of September.

With closer exchanges and better links between technology, financial institutions, experts and scholars, Tianjin’s private enterprises will benefit from the development opportunities produced by the port city in its role as the maritime gateway to the capital Beijing and the Xiongan New Area, the as the land-sea intersection of the Belt and Road Initiative.

As such, the gala will comprise forums, exhibitions, and presentations to promote cooperation and communication of elements such as talents, investments and industrial upgrading.

The conference is being organized by the Ministry of Science and Technology, the Federation of Industry and Commerce and the Tianjin municipal government.

（Source：exploringtianjin.com）