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TTGG’s managing partner Dr. GUO Feng was invited to Yongquan Forum and made a speech

Date: 2017-12-04
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Yongquan Forum and Baishaquan · ZUFE Strategic Cooperation Signing Ceremony were held on the afternoon of 3rd December at Baishaquan M&A Block. Yongquan Forum is a major communication and project paring brand created by Baishaquan M&A Block. By hold sharing session and salon or giving speech each month, the forum serves as a communication platform for industry leaders with certain influence on domestic and overseas financial circles who have already settled down here. CHEN Wei, member of the standing committee of West Lake District Party Committee, and XU Xiaodong, member of ZUFE Party Committee and director of propaganda department, attended the ceremony and made address. Dr. GUO Feng, managing partner and dean of TTGG Financial Research Institute was invited to the event and made a speech with the theme of “Investment Opportunities in ‘New Era”.

TTGG’s managing partner Dr. GUO Feng was invited to Yongquan Forum and made a speech

According to Dr. GUO, the 19th CPC National Congress makes it clear the principal social contradiction has turned into “the contradiction between people’s increasing desire for better life and unbalanced, insufficient development”. And those “unbalanced, insufficient” fields are exactly where current investment opportunities lie. Having been in an extensive high-speed growth stage over the past 30 years, China is going to enter quality development stage. The goal of “Two 100 Years” put forward at the 19th CPC National Congress pays less attention to GDP. Besides, a new adjective is added to describe “modern and powerful socialist country” apart from powerful, democratic, civilized and harmonious – that is “beautiful”. That makes a perfect match for “five civilizations” – material civilization, political civilization, spiritual civilization, social civilization and ecological civilization. The construction of ecological civilization and environmental protection have been attached with much more attention to build a beautiful, healthy China.

Besides, Dr. GUO mentioned the 19th CPC National Congress pointed out that it is necessary to “complete the double-support regulatory framework of monetary policy and prudent macro policy, deepen the marketized reform of interest rate and exchange rate, perfect financial supervision system, and stick to the bottom line of avoiding any systematic financial risk”, which is to say the monetary and financial policies will still center on de-leveraging and stable growth in the future. Tax reduction, expense reduction, PPP, lowering economic growth target, and other regulatory means will be taken to realize the transformation and upgrading of economic structure and strengthen consumption’s fundamental impact on economic development.

During the speech, Dr. GUO interpreted the key points of the 19th CPC National Congress, and pointed out the potential multiple investment opportunities in the future. He was employed as an MBA social director of ZUFE to help cultivate provincial high-level financial talents and shorten the gap between talent cultivation of university and talent desire of society so as to strengthen students’ social competitiveness.

Baishaquan M&A Block, as a respond to the strategic construction plan of Qiantang River financial port, is Zhejiang’s first M&A-themed characteristic industrial cluster guided by Xihu District government and jointly built by third-party professional operation institutions. It will be built into a pilgrimage site of M&A in Zhejiang and a commanding height of M&A in China to enhance the transformation, upgrading and leaping development of regional industrial economy. As a future hub and information sharing platform for M&A talents and projects, Baishaquan M&A Block will become an important portal connecting Zhejiang, China and the whole world. TTGG settled down here in October 2017, attracting ZHU Congjiu, vice-governor of Zhejiang Province, and other leaders to inspect and give suggestions.


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