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Vice Governor of Hunan Meets GASME Chairman

On June 26, 2010, Vice Governor of Hunan Province, Mr. Han Yongwen, met with Mr. Carlos Magarinos, Honorary Global Chairman of Global Alliance of SMEs (GASME) and his delegation at the Changsha Huatian Hotel. The two parties exchanged in-depth views on the opportunities and challenges faced by SMEs under current global economic conditions.


After welcoming Mr. Magarinos and his delegation on behalf of the Hunan Provincial Government, Mr. Han described the great contributions made by the 140,000 SMEs of Hunan Province in expanding GDP and tax revenue, and in creating jobs. In recent years, the machinery manufacturing industry of Hunan has seen rapid expansion, including the emergence of a group of enterprises with national influence, such as CSR Times, SANY Group and Changsha Zoomlion Heavy Industry. Emerging automobile enterprises such as FIAT and BYD have also contributed to the possibility of prosperous industrial clusters in Hunan. Mr. Han indicated that the government would further support SMEs and attempt to create an optimal financial environment. Mr. Han also suggested increasing financial cooperation, so as to further develop SMEs in Hunan Province.


Marveling at the rapid development and astonishing achievements of Hunan Province, Mr. Magarinos expressed a desire to enhance financial collaboration with SMEs in Hunan and to create a win-win situation.

Officials present on behalf of Hunan Province were Shi Huaqing (Vice Secretary-General of Hunan Provincial Government), Jiang Zhifang (Vice Director General of Hunan Economic Committee), Huang Weidong (Vice Director General of Financial Bureau in Hunan Provincial Government), and Liu Xiaoyue (Vice Director General of Foreign and Overseas Chinese Affairs Office).


Accompanying Mr. Magarinos were Dr. George Wang, Executive Vice Chairman of GASME and Professor of Finance of City University of New York, Mr. Shawn He Yuxun, Chairman of MeetChinaBiz and Senior Advisor of GASME, Mr. Cao Fang, Secretary-general of GASME (China) and Chief Representative US-China Exchange Association Shanghai Office), and Mr. Huan Jeff Cao, Assistant to Chairman of GASME.