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    More Business Opportunity Here-The Third China International Medium & Small Enterprise Export Sidelights

            The thrid China international medium & small enterprise expo was held in Guangzhou. A four day exposition has becomea stage for medium and small enterprise to show itself and seize opportunities. Domesitc and overseas enterprises in 15 exhibition zone played their own brand and characteristics: Italian delegation composed of more than 700 enterprises and 1400 merchants even brought trophy to the exhibition site; high-tech products showed by 65 medium and small enterprises from Shanghai also attracted visitors’ eyes....... 

            62 home and foreign banks group visiting  The China banking regulatory commission visited the expo for first time, 62 home and foreign banks set up “ficancial financing industry delegation” to solve difficulties for medium and small enterprises. Besides the four big domestic commercial banks, foreign banks like city bank, deutsche bank, Bank of Montreal Canada, Liao Chuangxin Bank etc. and those new banks like Zheshang, Hengfeng, Beijing bank  were also active in the show. Those banks set up more than 200 booths and talked face to face with more than 4000 medium and small enterprises.

            On the half hour display, those banks competed especially for products series that customized for medium and small enterprises; meanwhile, 27 banks and 6 credit guarantee institutions took turns to hold medium and small enterprise financing lecture; on the third expo small enterprise fianancing forum, director of China banking regulatory commission statistical department Liucheng called, banking industry should change the old thinking “focus only on big richman”, actively expand financial service to small enterprises, adjust credit structure and investment, carry out a series financial products and innovative service, vigorously develop diversified financial services, following the path of sustainable development. Liu Chengxiang believe, China banking industry should re-check financial service to small enterprises and put it into a stragety. To intensify internal reform and innovation in system and mechanism. According to features of small enterprises, to form its own system of authorization, approval, accouting, management, evalsuation, motivation, auditing, liability exemption mechanism, so as to further promote small business financial services. In the process of banks to improve small business financial services, what should supervision department do? Liu Chengxiang said that regulators should formulate regulatory framework and system according to the characteristics of small business financial services, in order to guarantee high efficency and high quality via reasonable regulatory system arrgement.

            In addition, since CEPA agreement signed in 2003, more and more Hongkong enterprises take advantages of favorable conditions to expand their business to mainland, especially in finance, logistics, accouting, as a representative of Hongkong service industry, are increasingly set up branches in mainland. Compaq accouting firm, zhongrun financial logistics company, Sijie accounting firm, Hengsheng bank etc. relflects the current development in the filed of cooperation between Hongkong and mainland.

            Italy show “small kingdom”
    Among foreign exhibitors, Italy’s booth of 16000 square meter is outstanding. Known as the “kingdom of small businesses”, Italy has 714 exhibitors covering 70% of the industries.
    Italian cup, ferrari, legend soccer star Luigi Riva....chic, elegant and colorful Italy pavilion becomes the most welcome place in the expo. Fine workmanship, first rank quality daily necessities could be saw everywhere in the Italian pavilion, even the heavy industrial showcase is full of life and art beauty, visitors can fully realize the high grade of national culture in Italy. However, Italy only spend 6 million euros (RMB60 million) for all this. It serves to show Italy products focus on cost-conscious and high quality, which give enlightenment to domestic enterprises.
    In addition to the show zone, the Italians also specially set up 4000 square meters of business negotiations, providing a face to face negotiation opportunities for 350 italian enterprises and 1000 Chinese enterprises who have intention to cooperate. There was more than 5000 one to one communications on that day, which becomes a highligt in the expo. In addtion to wish to have cooperation of trade and investment, Italy enterprises also wish to coopeate with Chinese enterprises in reagarding of patent and technical area.

            Shanghai enterprises: the expo is platform
    65 Shanghai medium and small enterprises involved in more than 10 industries like manufacturing, electric appliance, food, chemical industry, service attended the exhibition and set up 100 booths. Among those enterprises, some are also competitive in international market; some are high & new tech enterprise with independent intellectual property right. By the platform of the expo, Shanghai medium and small enterprises’ products and services go further in the sights of global enterprises.

            Without electrode & filament, integrated electrical, magnetic, optical technology, not only with service life of 100 times of ordinary incandescent lamp, but also the energy saving effect is twice as general energy-saving lamps, “electromagnetic induction and the fluorescent lamps” showed by Shanghai Hongyuan Lighting Electric Appliance Co., Ltd is with 59 patents, including more than 10 invention patents, 6 international patents. Many domestic and overseas experts and buyers stop to visit Hongyuan’s booth. Hongyuan also draw lessons from the international popular “energy contract management” mode, start “energy investment projects”: change “identity” of electrodeless lamp which is disrupted in original market to be capital of energy investment, the saved energy becomes profit, shared 80%/20% between Hongyuan company and customers. Managing director Li Weide said they can get the investment of free installation of electrodeless lamp back in 2 years by power saving benefits. And the service life of the lamp at least more than 5 years, so the efficiency is higher than invest power plant, and for customers, “zero investor” could share energy-saving benefits to achieve a win-win situation.

            With rich experience of water treatment over 30 years in three cities Toronto, New York, Chicago, of North America, Longyu Environment Technology (Shanghai) Co., Ltd. has become a “beacon”, Longyu is a high & new-tech enterprise engaged in environment technology and material research, development, sales and service, with dozens of international patents, is strategic partner of north America’ s biggest flocculant and water treatment chemical manufacturer Eagle Creek (international) group in China, also with more than 10 years’ experience in sewage treatment cooperated with Shanghai drainage company, it’s made key contribution to Shanghai modern centralized sewage system and megaton municipal sewage treatment system. At present, industrial wastewater treatment has become a hard issue for many domestic enterprises. In this expo, many enterprises from Guangzhou go to Longyu’s booth to consult and talk, dozens of domestic enterprises requires to be their agent; and some Italian companies also has a strong interest on company’s water treatment technology. 

            In the booth of Shanghai Yuetong Woodworking Machine Equipment Co., Ltd., multiple machining center-door solution machine has received the general attention of entrepreneurs. This machine integrates two procedures that normally done by world’s wooden door manufactuer enterprises to be one simple working procedure, filling blank of world’s wood processing machines market. YUTON applied numerical technology into furniture production, which is one of the best in domestic furniture automatic production filed, compared to Europe, Japan and other areas with maturer similar technology, YUTON’s patent product is more competitive in price, “our innovative machine sells at price RMB100000, but similar machine made in Europe and Japan sells at RMB600000-RMB700000”, said by general manager Yao Yonghe. Till now, YUTON has received a large number of European and American market orders at present and seven overseas agents sell YUTON’s products in European and American market all the year round, the company’s 70% annual production volume is now digested by European and American market.

            From the 16th edition of the Liberation Daily, new financial weekly. invesrment and entrepreneurship     Sept.23th, 2006 
     

     
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