CCCIA’s CEO Lillian Liu Invited to Attend Beijing Changrong Project – Overseas Financing Boutique Salon
- CCCIA

- Aug 19, 2024
- 3 min read
On August 16, 2024, Lillian Liu, CEO of the Canada Cross-Border Capital & Innovation Alliance (CCCIA), was invited to attend the "Beijing Changrong Project – Overseas Financing Boutique Salon," an event organized by the Beijing Municipal Financial Bureau and hosted by the ZDC Medical Device Park and Beijing Yongjie Investment Fund Management Co., Ltd. The event took place at the ZDC Medical Device Park in Beijing, attracting over 60 corporate and institutional leaders who braved the rain to participate. The theme of the event was "Cross-border Finance and Development of Chinese Enterprises."



At the beginning of the event, participants toured the exhibition hall of the ZGC Medical Device Park. Established on October 30, 2012, the ZGC Medical Device Park is a joint venture between ZGC Group, China Communications Construction Company (CCCC), and Daxing Biomedical Industry Base. The first phase of the project covers an area of 131 acres with a building area of 185,000 square meters. It currently hosts over 170 high-end medical device projects, including 11 listed companies and their wholly-owned subsidiaries (Hotgen Biotech, Allgens Medical Tech, Jiuzhitang Maker, Bloomage Biotech, Walvax Biotech, Baron Medical, Succeeder Tech, Biocytogen, Salubris, Anduscope, and RLAIS Medical). The park has established a distinctive industry presence and leads both domestically and internationally in several niche areas, including cardiovascular implant materials, in vitro diagnostic equipment, AI-assisted surgical devices, and innovative pharmaceuticals.

The first part of the salon featured a keynote speech on "Financing in the Canadian Biomedical Industry" by Lillian Liu, President of the Canada Cross-Border Capital & Innovation Alliance and CEO of Bizfield Accelerator. The speech was divided into four sections: an overview of the Canadian biomedical market, government support policies, key points on public listing and financing, and an introduction to the Bizfield team.

The second part of the salon featured presentations by representatives from the International Operations Department of the Beijing Branch of China Construction Bank, the International Operations Department of the Beijing Branch of Hangzhou Bank, the International Finance Department of the Beijing Branch of Agricultural Bank of China, and Jincheng Bank. They introduced various cross-border financing services, including cross-border supply chain finance, cross-border direct loans, and overseas guarantees.




During the interactive Q&A session, Lillian Liu addressed questions from participating enterprises regarding the listing on the Toronto Stock Exchange and the business environment in Canada. She also highlighted the Start-Up Visa program as a highly suitable financing option for small-scale enterprises looking to expand abroad. Additionally, corporate representatives asked the bank guests about investment financing for overseas mining projects.

In conclusion, Xiaohui Nie, the head of the Beijing Changrong Project from the Beijing Municipal Financial Bureau, gave a summary speech, introducing the background and progress of the Beijing Changrong Project.

To date, the Beijing Changrong Project has hosted 350 financing matchmaking events, dedicated to helping technology enterprises overcome financing challenges. It has served financial institutions more than 6,000 times, facilitated connections with over 16,000 enterprises, and engaged more than 48,000 participants.

In the future, professional institutions like the Canada Cross-Border Capital & Innovation Alliance and Bizfield Accelerator, in collaboration with Yongjie Investment, Chinese banks, and parks like ZGC Medical Device Park, will actively participate in the Beijing Changrong Project. They aim to assist Chinese tech enterprises in entering the Canadian market, securing international capital support, expanding into global markets, and rapidly growing into globalized international companies.

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