Responding to the call for learning the experiences of Shanghai and further emancipating the mind, Dalian Financial Development Bureau organized a symposium on December 15 which was attended by related government officials and the executives of equity investment institutions. The move is also part of the government’s effort to facilitate the deployments for establishing a venture capital investment center in Dalian.
At the symposium, the officials aimed to further learn about the development of equity investment sector in Dalian. They listened to the opinion and suggestions put forward by the representatives for quickening the development of equity investment sector in the city.
Sun Guoyou, the vice director of Dalian Financial Development Bureau presided over the symposium and delivered a speech. The symposium was attended by about 60 persons including officials of Dalian Securities Regulatory Commission, Dalian Municipal Bureau of Finance, Dalian State Administration of Taxation, Dalian Local Taxation Administration, the financial departments of all districts, as well as representatives of equity investment institutions and related intermediary service agencies.
The executives of about 20 equity investment institutions and related intermediary agencies delivered speeches at the symposium, focusing on the development of equity investment sector in Dalian. While sharing experiences, they also put forward many questions and suggestions.
According to statistic data released by Asset Management Association of China, there were 49 registered private equity investment firms, 14 registered venture investment funds (fund scale: Yuan 703 million) and 71 registered equity investment funds (fund scale: Yuan 5.21 billion) in Dalian by the end of 2017.