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BOC supports Zhongguancun SMEs
By Wang Lianqing (chinadaily.com.cn)
Updated: 2013-08-20

An activity was held recently with the aim of offering comprehensive financial services to small and medium-sized enterprises in the West Beijing Pioneering Park.

The activity was sponsored by Bank of China Beijing and the Zhongguancun Shijingshan Science Park Administrative Committee, and organized by the Shijingshan technology finance industry association, West Beijing commune of startups and angel investors.

Zang Xinjun, vice president of Bank of China Beijing Branch,gave a speech about further cooperation between Zhongguancun National Innovation Demonstrate Zone and the bank, and expressed support for enterprises in the pioneering park, encouraging entrepreneurs to talk with consultants and get detailed information from the bank. A signing ceremony between the bank and two enterprises was held after Zang’s speech.

The Bank of China Beijing Branch has had many successes in supporting startups since it signed a comprehensive strategic cooperation agreement with the Zhongguancun committee in 2009. Based on this experience, the bank worked with West Beijing Pioneering Park and, in 2011, it started a combined financing method of share and debenture.

The two have been continuing their cooperation in supporting small and medium-sized enterprises in the pioneering park, and the bank offers financial services that are specially designed for these enterprises. The bank and Zhongguancun administrative committee aim to expand cooperation by offering more services and bring more attention to small and medium-sized enterprises.

Edited by Wang Yifei and Niva Whyman


Zhang Yiping

Director of the Minor Enterprise Service Center of the BMDRC


Yu Jun

President of Zhongguancun Development Group


Yu Yang

President and CEO of Analysys International


Zhongguancun Science Park