A delegation led by Yang Weizhong, director of the Business Management Department of the People’s Bank of China (also known as PBOC), visited Beijing E-Town International Investment and Development Co (E-Town Capital) on July 10.

The visit was part of the delegation’s tour of the Beijing Economic-Technological Development Area (BDA) to research the development of the financial services and manufacturing industries of the BDA.

A forum held at E-Town Capital was attended by the delegation, E-Town Capital officials, and representatives from major enterprises and banking and financial institutions in the BDA.

Yang Yongzheng, president of E-Town Capital, delivered a report explaining how E-Town Capital financially supported the development of high-quality manufacturing industries in the BDA.

According to Yang Weizhong, manufacturing is the most important part of the real economy, and thus more focus should be placed on it. The BDA is the home of Beijing’s high-precision industries, and it is thus necessary to properly coordinate resources and promote the convergence of policies, capital, technology, talent, and other elements of the real economy.

E-Town Capital, which serves as an industrial financial platform for the BDA, should strengthen and improve financial services, take full advantage of capital enlargement, and use social capital to build an industrial capital chain that can fully support the high-quality development of the manufacturing industry.

A forum held at E-Town Capital on July 10 is attended by a PBOC delegation, E-Town Capital officials, and representatives from major enterprises and banking and financial institutions in the BDA. [Photo/etowncapital.com.cn]