A delegation led by Yin Youxiang, a top official from China Financing Guarantee Association (CFGA), visited Beijing E-town International Financing Guarantee Co on Aug 25, discussing ways to boost industrial development.

Yin Youxiang called for closer ties between the two parties to boost development of the financing guarantee industry at a forum held on the same day.

Zhang Wendong, president of Beijing E-town International Financing Guarantee Co, introduced the development and strategic versions of the company and its parent company E-Town Capital.

Yang Yang, general manager of Beijing E-town International Financing Guarantee Co, gave an introduction to the company including its history, main businesses and achievements.

The delegation exchanged views with company representatives in areas including the design and planning of the industry statistical analysis report framework, and the future direction of the financing guarantee industry.

Established in 2013 under the approval of the China Banking Regulatory Commission (CBRC) and Ministry of Civil Affairs of the People’s Republic of China, CFGA is a national financing guarantee organization to help regulate the financing guarantee industry and to serve as a bridge between the government and the financing guarantee industry. It is aimed at promoting the healthy and steady development of the financing guarantee industry.

A forum is attended by representatives from the China Financing Guarantee Association and Beijing E-town International Financing Guarantee Co on Aug 25, discussing issues related to the development of the financing guarantee industry. [Photo/etowncapital.com]