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The 10th China Cultural Finance Innovation Conference held in Beijing

(chinadaily.com.cn)|Updated : 2021-09-08

On Sept 3, the 2021 China International Fair for Trade in Services (CIFTIS) Cultural Tourism Service Special and the 10th China Cultural Finance Innovation Conference were held in Damofang Cultural and Creative Park.

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Liu Shaojian, Party Secretary and Director of the State-owned Cultural Assets Administration Center of Beijing Municipality, makes a speech during the conference.[Photo/bjwzb.gov.cn]

Yao Li, Party Committee Member and Deputy Director of the Business Management Department of the People's Bank of China, Liu Shaojian, Party Secretary and Director of the State-owned Cultural Assets Administration Center of Beijing Municipality, Zhan Wenqing, Second Inspector of the Beijing Branch of the China Council for the Promotion of International Trade, and relevant comrades in charge of cultural promotion centers of various districts, and more than 200 representatives from financial institutions, investment institutions, and leading companies all attended the meeting.

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Winners of the list of Beijing's most investment-worthy cultural and creative enterprises (10th list). [Photo/bjwzb.gov.cn]

The Beijing Cultural and Creative Industry Promotion Center and the Zero2IPO Group jointly released the list of Beijing's most investment-worthy cultural and creative enterprises (10th list). Since 2012, the list has so far been released for nine consecutive years. As of August 2021, listed companies have disclosed a total of 51.545 billion yuan in financing.

The cultural and creative enterprises with the most investment value this year are selected from more than 300 cultural enterprises recommended by financial institutions, cultural and creative parks and professional investment institutions. These enterprises cover a wide range of areas, including cultural tourism, cultural technology, cultural sports, animation, Internet big data, advertising media, and IP development, and have strong innovation capabilities. The list has become an important reference for investors in the cultural industry .

In addition, Dongcheng district and the Beijing Banking Association have formed a strategic partnership to encourage the establishment of cultural financial institutions in the region, in regards to products and services, and expanding the branding and influence of cultural and financial activities.

During keynote speeches and round-table discussions, a number of well-known investors focused on the themes of finance to promote the high-quality development of the cultural industry, and cultural financial innovation. These event allowed those involved to expound their individual  understanding of cultural investment and industry development, and so providing suggestions from varying perspectives.