(Yicai) Aug. 16 -- Chinese government dignitaries, venture capitalists and media giants all congregated in Shanghai yesterday for the 2023 Lujiazui Investment and Financing Forum and Yicai Equity Investment Forum to discuss the role of equity investment in social development.

The business leaders discussed how to tap innovative projects with development potential and how to expand financing channels for small and medium-sized enterprises so as to promote the transformation of scientific and technological innovations and the development of various industries.

Li Wenzhu, a presenter at Yicai Lujiazui, presided over the forum which was held at the Shanghai International Convention Center.

Xiao Jian, director of the Lujiazui Administration, addressed the crowd.

Men Qingbing, deputy general manager of Pudong Investment, delivered a keynote speech on ‘Playing a Leading Role and Being a Long-Term and Patient Investors.’

The roundtable dialogue “Science and Technology Investment Through the Cycles” was hosted by Sun Jiatao, chief executive officer and partner at Haiwang Capital, Shanghai STVC Group. Wu Dan, deputy general manager of Sichuan Xingchuan Fund, Zhang Xinchu, partner at Ease Capital, Hu Boyu, partner of XVC, and Yu Hui, partner of Shanghai Free Trade Zone Fund, all took part.

The 2023 Lujiazui Yicai Value Consensus Award was presented by Li Rong, vice president of Shanghai Media Group and chairwoman of Yicai, and Liang Qing, deputy director of Lujiazui Management Bureau, to GPRO Investment and the Shanghai Free Trade Zone Fund.

Editor: Kim Taylor