Country for PR: United Kingdom
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Sunday, May 10 2020 - 04:18
2020 Qingdao Global Venture Capital Online Conference Kicks Off
QINGDAO, China, May 10, 2020 /PRNewswire-AsiaNet/ --

Sponsored by the People's Government of Qingdao, the 2020 Qingdao·Global 
Venture Capital Online Conference themed "A New Platform for International 
Cooperation, A New Opportunity for Technological Innovation" kicked off at 
Qingdao International Convention Center on May 8. A host of Chinese and 
overseas experts and scholars from the investment community, industrial circle 
and academia and entrepreneurs from around the globe joined the "cloud 
dialogue" through a "face-to-face" plus "screen-to-screen" mode to seek 
cooperation and share their insights on future development. 

Wang Qingxian, member of the Standing Committee of CPC Shandong Committee and 
secretary of CPC Qingdao Committee, delivered a keynote speech at the event. 
Liu Qiang, vice governor of Shandong province, Hong Lei, secretary of the CPC 
Committee and chairman of Asset Management Association of China, Que Bo, deputy 
general manager of Shanghai Stock Exchange, and Li Hui, deputy general manager 
of Shenzhen Stock Exchange, gave speeches at the event. Qingdao mayor Meng 
Fanli presided over the opening ceremony.

Wang said Qingdao has seen a rapid development in venture capital investment 
since it hosted the 2019 Global (Qingdao) Venture Capital Conference last year. 
According to him, Qingdao ranked first in terms of increase rate of number of 
private equity fund managers in 2019, and is quickening its pace toward a 
global venture capital center. He said the recent coronavirus disease 
(COVID-19) outbreak is accelerating the development of industrial Internet, and 
Qingdao has integrated industrial system and a wide range of application 
scenarios. He revealed that the city aims to develop into a "capital of 
industrial Internet" of the world relying on the AI Industry Community and 
COSMOPlat industrial Internet platform that are being developed in the city. He 
believes this will help attract more new industrial elements to the city and 
promote the integration of various industrial elements to provide more 
opportunities for capital venture investment projects.

The inauguration of the Venture Capital Alliance for Industrial Internet 
Development was held concurrently. Wang and Haier Group CEO Zhang Ruimin 
jointly unveiled the nameplate of the alliance, and issued certificates to the 
first 10 members of the alliance.

The Annual White Paper on Global Venture Capital Industry (2020) was released. 
A signing ceremony was held for a number of key venture capital investment 

The two-day 2020 Qingdao Global Venture Capital Online Conference consists of 
one main forum, four sub-forums, about 20 roundtables and a series of roadshows 
and project launches. Over 20 online live streaming platforms will live-stream 

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Source: Stadt Qingdao