Industrial Integration in Shunyi
The 2017 Beijing · Shunyi Industrial Integration Summit, themed “Industrial Integration, Innovation Leading the future,” was held on April 27, 2017.
The 2017 Beijing · Shunyi Industrial Integration Summit, themed “Industrial Integration, Innovation Leading the future,” was held on April 27. It gathered about 100 enterprises specialised in information technology, high-end equipment manufacturing, new energy, energy conservation and environmental protection, biomedicine, and digital innovation.
At the summit, enterprises made their financing presentations. They included the Autek Airport Biotech Company Limited founded by returned overseas personnel and experts from the “The Thousands Talents Plan,” the Jiayu Xinxin Investment (Group) Company Limited mainly investing in architectural energy conservation, intelligent science and technology, and new energy, and the Beijing Tellus Power Green Energy Science and Technology Company Limited, the IPO (initial public offering) of the charging piles of the New Three Board. Eighty financial enterprises in Shunyi took part in the summit. The CCCC Fund Management Company Limited, founded by China Communications Construction Company (CCCC) showed intention to cooperate with enterprises engaged in emerging industry, tourism and rail transit. The "Shunyi District Industrial Integration Platform" was released at the summit.
Advantages in Promoting Development
In recent years, Shunyi District has implemented the development concepts of “innovation, coordination, green, openness, and sharing” and targeted to improve the efficiency and capability of the finance industry so as to better serve and support substantial economy. It aims to construct a high-end, green, intelligent and serviceoriented innovative manufacturing system, create a favourable ecology for interaction between industries and finance, and promote industrial upgrade and transformation.
Shunyi is a vital node in the northeast development belt of the capital and a base for modern manufacturing industry. It has formed a development pattern with the auto industry as the basis and is supported by aeronautics and astronautics, electronic information, new material, biomedicine and high-end manufacturing industry.
The district's financial industry has
flourished and developed into the district's third pillar industry after the auto and aviation industries. Shunyi has laid a foundation and enjoys geographical advantages for industrial integration. Financial institutions have expedited in gathering at the district. The industrial financial system, represented by China Development Bank Capital, China Asset Management Company Limited, CCCC Fund Management, and the headquarters of China Minsheng Bank, has taken shape. It has become an area in the capital for emerging and industrial finance.
Shunyi District has paid high attention to the integration of industrial and finance. This is in line with the objective rule of economic development and improves industrial quality, raises efficiency, and promotes industrial transformation.
At the beginning, branch banks and deposit and loan constituted the businesses of the district's financial industry. Now, the business has expanded to cover about 10 industrial forms including banks, securities, venture capital, finance companies, rental, and asset management. The financial industrial structure is improving. The district's capital market has opened new space at the main board, the SME Board, the second board, the new three board, and overseas markets. Financing methods, such as directional private placement, corporate bonds, and the short- and middle-term notes are frequently used, and the capital market has played an important role in driving a substantial economy.
The district's financial innovation development platform has been established at the same time and the business covers equity funds, financial companies, currency exchange, fortune management and asset management. The district's gathering area for financing, rental, and commercial factoring has taken shape and attracted excellent companies, becoming the second area of its kind in the capital.
The industrial integration cooperation mode has injected new vitality for the district's rapid development.
On December 29, 2016, Shunyi was included on the list of the first group of pilot zones for industrial integration cooperation after being approved by the Ministry of Industry and Information Technology of the PRC, Ministry of Finance, The People's Bank of China, and China Banking Regulatory Commission. It was an opportunity to upgrade the industries in the district.
The district has focused on major national strategies such as “Made in China 2025,” the coordinated development of Beijing, Tianjin and Hebei Province and supported the enterprises specialising in smart new energy vehicles, high-end manufacturing, new materials, energy conservation, environmental protection, and biomedicine. The district also offers different industrial integration services for different companies according to their circumstances.
In addition, the district has strived to develop the public-private partnership for the integration of governmental and social capital and given financing support to economic functional zones and the construction of various industrial bases. It has classified similar infrastructure projects and implemented large-scale investment and operation. The district has innovated financial products and services, expanded financing channels for enterprises, created cooperation models for varieties of funds, and improved financial services.
The district has also set up the online "Shunyi District Industrial Integration Platform" to bridge enterprises and financial institutions and promote the cooperation between industries and finance. Those with financing and investment intentions can post information on the platform so as to realise cooperation and reduce trade costs among institutions.
The district has also made full use of information technologies such as big data and cloud computing and has constructed convenient and efficient information communication and exchanges channels. It has worked out the list for the connection of major enterprises and projects. The latest industrial and financial policies and industrial planning were released timely on the platform, and the financing, and investment connection fairs were hosted. It guides the connection and cooperation between financial and investment institution and promotes the release of information.
Bright Future for Industrial Integration
The district's industrial integration development can look forward to a promising future. The district's goal is for its GDP to reach 200 billion yuan by 2020 and that the new industrial clusters worth 100 billion will be formed in fields of intelligent new energy vehicle and aerospace and aviation.
The summit encouraged the gathering of industrial, financial and policy resources to better serve substantial economy; established connections among government, enterprises, and financial institutions to display financial capital's guidance; strengthened interaction among the three and the credit system construction so as to deepen cooperation between industries and finance. The district will make use of the summit and the platform to promote interaction between substantial economy and the sound development of enterprises.
The summit offered the opportunity for enterprises and financial institutions to look out for partners and carry out cooperation. Shunyi will continue to provide convenient and efficient services for developing enterprises and industrial integration and improve connection mechanism between industrial information and financial institutions.
The summit was an initiative for the district to accelerate the national pilot zone for industrial integration and an important channel to strengthen communication between enterprises and financial institutions, promote communications between innovative industries and financial capital, and realise cooperation and mutual benefits.