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     Introduction of CSME

The 4th China International Small and Medium Enterprises Fair (CISMEF), jointly sponsored by China National Development and Reform Commission, Ministry of Finance, Ministry of Commerce, State Administration for Industry and Commerce, China Banking Regulatory Commission, and People’s Government of Guangdong Province, will be held grandly in Guangzhou, China from September 15 to 18, 2007.
 
The previous three sessions of CISMEF were integrations of exhibition, senior forum, financing negotiation, economic and trade cooperation, special training and policy consultation. They built up a good platform for SMEs nation-wide and made great efforts to help SMEs expand business, seek economic and trade cooperation and explore both domestic and overseas markets. In the first CSMEF, 13.6 thousand items reached agreements with total value of RMB 32 billion RMB (equivalent to US$ 3.9 billion).
 
France was invited to sponsor jointly the second CSMEF, and a Sino-France SMEs Fair was held during the second CSMEF. 23 thousand contracts were signed with total value of RMB 42.6 billion RMB (equivalent to US$ 5.2 billion).
 
The 3rd CISMEF & Sino-Italian SME Fair, jointly with Italy as a sponsor, was held in September 2006. Prime minister of Italy Prodi and vice premier of China Zeng Peiyan attended the fair. 3970 SMEs from China and other countries and regions shared 5110 booths. 210 thousand businessmen from over 50 countries and regions attended the fair for visits, purchases and trade talks. About 800 Italian SMEs shared around 12,000 square-meter exhibition hall space and more than 1600 Italians attended the fair. Key events such as Sino-Italian Senior Forum on SMEs and Sino-Italian SMEs Business Talk were held during the fair.
 
As the pioneer province of China’s reform & opening-up, Guangdong has maintained a fast GDP growth at an average annual rate of over 10% in the past 26 years. It shares one eighth of mainland China’s GDP, one third of China’s total amount of import & export, one fourth of China’s foreign investment. Guangdong has huge potential markets in both production and consumption, the total amount of its Gross Retail Sales of Consumer Goods and Gross Domestic Savings both rank first in mainland China. With the optimizing trade and investment environment, Guangdong has built up constant and stable bilateral trade relationships with over 200 countries and regions all over the world. Over 100 countries and regions have invested in Guangdong. It has become one of the biggest manufacturing bases of the world with top-class producing capacity, consummating infrastructures, developed telecommunication and transportation network extended in all directions. The nine pillar industries of Guangdong including Textile and Garments, Food and Beverage, Building Materials, Electronic Information, Electrical Machinery and Special Purpose Equipment, Petroleum and Chemistry, Logging and Papermaking, Medicine, Motor Vehicle and other industries such as Commerce, Logistics, and Convention & Exhibition are prospering. The local government has made great efforts to regulate competition orders of the market, protect intellectual property rights and take down counterfeits. Nowadays, the multilateral cooperation among countries and regions in the sectors of economic, technology and trade are enhancing; the Sino-ASEAN FTA has been launched; the CEPA (Closer Economic Partnership Arrangement) has been implemented, the Grand Pearl River Delta economic zone is under construction; the Pan Pearl River Delta economies are strengthening regional cooperation. Accordingly, Guangdong can foresee a brighter future and a more prosperous economy. Come to Guangdong and you will develop faster and benefit more!
 
We hereby sincerely invite you to the CISMEF. Meet you in Guangdong

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