Project Completion Report
SECTION A: Project profile
Project number & title:
Project time period:
Committee / WG / Fora:
Project Overseer Name /
Organization / Economy:
SME 13 2013A – The Seminar of Financing Innovation of SMEs
February – September 2014
Date submitted:
26th November
SMEWG
Mr. Wang Peng
China Center for information Industry Development
SECTION B: Project report and reflection
1. Project description: In 3-4 sentences, please describe the project and its main objective.
The objective of the project was to promote understanding and recognition on innovative financing (peer-topeer lending, crowd funding, and network financing, etc.) in terms of SMEs. The project also discussed how to addr
ess the challenges for SMEs in financing by applying innovative approaches and explored how to facilitate cooperat
ion and resource sharing regarding innovative financing among APEC economies.
2. Meeting objectives: Describe how the project met each of its proposed objectives. Please outline any
challenges you may have encountered in delivering the activity.
We had launched two seminars in Yiwu (June) and Nanjing (September), China to meeting objectives. In order to
achieve these objectives, lots of challenges inevitable in organizing sessions, selecting topics and inviting experts
and speakers.
3. Evaluation: Describe the process undertaken to evaluate the project upon completion. (e.g. evaluation
through participant surveys, peer reviews of outputs, assessments against indicators, statistics
demonstrating use of outputs etc.). Provide analysis of results of evaluations conducted and where
possible include information on impacts on gender. Evaluation data needs to be included as an appendix.
The principle evaluation of project is the number and quality of experts and participants from different economies
and fields. While after the seminar, some reflections from media such as internet and newspaper reports are also
vital for continuing focus on SMEs’ development. Below are the feedbacks by email from participants:
General
evaluation for
this activity in
organization,
reception
Which experts with
speeches and opinions
give you deeply
impressions
Suggestions for this seminar
It’s a good one
NO.
Expert/ Participant
General
evaluation for
the whole
seminar
1.
Qin Hailin
Highly
Highly
Prof. Han Fuling
(China)
satisfactory
satisfactory
Ms. Kingkan Ketsiri
Jason Le Vailliant
Highly
Highly
Dr. Alex Lin
( New Zealand)
satisfactory
satisfactory
Mr. Benel D. Lagua
Wilton Chau
Highly
Highly
Dr. Alex Lin
(Hongkong, China)
satisfactory
satisfactory
Mr. Benel D. Lagua
2.
3.
Mr. Lai Jinchang
Ms. Quynh Thai Le
4.
Kingkan Ketsiri
（Thailand）
Satisfactory
Highly
satisfactory
Dr. Jeh Shyan Wong
Mr. Lai Jinchang
The seminar provided wonderful speech
and valuable panel discussion.
More discussions on the approach on how
SMEs should take for obtaining financing
should be provided. In addition, the topics
should be more specific so that speakers
can give comments on similar topics.
A bit too much content, you could have
reduced few presentations to have a
more relaxing environment and
encourage more participation from
participants.
5.
Mohamed Ikhwan
Bakri
Highly
satisfactory
Highly
satisfactory
(Malaysia)
6.
Dr. Jeh Shyan Wong
I would prefer if the seminar is conducted
somewhere that can be reached via a
direct flight from our main airport. I really
had a bad experience with flight delays
while transit at Guangzhou.
Mr. Lai Jinchang
Prof. Wilton Chau
Benel D. Lagua
(Philippine)
Highly
satisfactory
Highly
satisfactory
Mr. Jorge Ochoa
Garmendia
Since participants travel from far places,
organizers should probably include visits to
institutions in host economy doing financing
innovations for SMEs.
Prof. Wilton Chau
7.
Linda Rusche
(United States)
Highly
satisfactory
Highly
satisfactory
Mr. Wilton Chau
The seminar is fruitful and benefit in
communication and development of SMEs.
Mr. Benel D. Lagua
Mr. Songwei
8.
Jorge Ochoa
Garmendia
Highly
satisfactory
Highly
satisfactory
(Peru)
Mr. Benel D. Lagua
Panel discussion is very fantastic.
Mr. Songwei
Prof. Wilton Chau
4. Output indicators: Describe the main project outputs below. This may include workshops, tools,
research papers, reports, recommendations, best practices, action plans.
.
Indicators
# planned
# actual
Details or notes
(Edit or Insert rows as needed)
# workshops / events
2
2
# participants (M/F)
23 Males
6 Females
29
# economies attending
21 invited
11
# speakers engaged
12
12
# other organizations engaged
0
0
# publications distributed
150
150
# recommendations agreed on
yes
yes
Other:
Comments:
5. Outcomes: Describe any specific medium-term changes to policy, processes or behaviour that can be
attributed to result from this activity. Please include details on:
 What indicators were used to measure medium-term impact? (Example indicators: type/number of
policies/ regulations/processes changed, % of businesses conforming to new standards, change in
sector’s commercial activity, # individual action plans developed, # agencies using resource or tools
etc.)
 Monitoring plans in place and proposed indicators to measure impacts, including any impacts on
gender. Please summarise relevant information.
(a) At this project, experts gave an overview of details in the latest SMEs’ financing methods and government
support policies, which have important implications for innovation financing. SMEs are one of an important
component of China's national economy, but the financing problems always restricted the survival and
development of SMEs. After the project explored in innovation financing, it is concluded three processes
could be attribute to SMEs financing:
Intellectual property pledge financing has important realistic significance to the Tech SMEs, play a
positive role to carry out scientific and technological innovation, and the whole financial innovation is a
good attempt. Tech-SMEs should actively treat the aspirations of guarantee agencies, allow
appropriate guarantees in return for profit share out bonus, or guarantee in exchange for the option,
and benefits in the future, improve the participation enthusiasm of guarantee agencies.
SME financing has become a major bottleneck restricting the development of the real economy.
Internet Finance as a weapon will break the monopoly and achieve financial democratization. It has
unique advantages in personal consumption loans and financing services to SMEs.
P2P has lots of advantages for SMEs financing conduct information operations and risk evaluation
through the Internet platform. Without the help of banks, brokerage firms and other intermediate
platform, the supply and demand could complete the whole transaction. For instance, New Zealand
share of financing such as P2P and crowd financing, that help SME financing to find a new ways to
reduce the threshold for SME financing. Currently, many economies including China, the Internet and
financial development has started, but no government regulation refer to. While the Government of
New Zealand make lots of practices and policies in regulatory aspects for P2P and crowd financing,
and introduced the industry standard and regulation which provide a strong reference for other
economies.
(b)
According to the development of SMEs in China, we had communicated with some experts by phone and
email before selecting sessions’ topics. When considered the prevalent issue about The Internet Finance,
experts indicated due to the inadequacy of successful cases in SMEs presently, the session Combination
Between Industry and Finance for SMEs was included instead.
(c)
Combination Between Industry and Finance for SMEs
Mr. Benel D. Lagua, from Development Bank of the Philippines, introduced Philippine MSME Development
Plan(2011-2016), Models of Collaboration with Industry for SME Financing. Prof. Song Wei, discussed with
participants about Patent Pledge Financing Practice for SMEs. Mr. Jorge Ochoa Garmendia, Director of
Lima Chamber of Commerce, shared with the participants about the overall picture of SMEs in Peru, and
recent support programs for SMEs financing.
Best Practices for SMEs in Innovative Financing
Ms. Wang Fei, from China Development Bank, introduced MSME Finance in China,
International experience of development banks and CDB’s practice, challenge and
innovation. The representatives of the Chinese University of Hong Kong, Central
University of Finance and Economics and Infocomm Investments Pte Ltd discussed with participants about
Angel Invest, Venture capital, private equity and A&T financing innovation model.
Financing Facilitation for SMEs
Mr. Jingchang Lai, from World Bank Group, presented the Global Picture in MSME Finance and an
Emerging Multi-Lender Platform in China. Ms. Maggie Hsiu-Ling Hsu explained the accelerator network
with communication, regulation and financing, and other functions for SMEs.
Mrs. Linda Rusche, from United States Small Business Administration, presented the SBA’s innovative
financing programs developed in response to the credit needs of SMEs. Mr. Evan Holley, Manager of Small
Business Policy Unit, The Treasury, Australian Government, introduced the SME and Financing Innovation
of Australia. Prof. Wilton Chau, discussed about Enhance the Effectiveness of Incubators in Financing
6. Participants (compulsory for events): Must be gender-aggregated. May be included as appendix.
Economy
# female
1． 1
US
√
2． 2
INA
3． 3
MAS
√
√
5．
THA
Email
Linda Rusche
linda.rusche@sba.gov
Director, Office of Financial Assistance
United States Small Business Administration
Eko Sari Budirahayu
eksadira@gmail.com
Head of Subdivision
Ministry of Cooperativtives and SMEs, Indonesia
Mayamin Haini Musa
zhafri.aiman@smecorp.gov.my
SME Corp Malaysia
Chitraporn Amrapala
chitraporn@fpo.go.th
Economist,
Fiscal Policy Office, Ministry of Finance
Kingkan Ketsiri
kingkank@bot.or.th
√
4． 4
THA
Details
√
Senior Examiner, Bank of Thailand
Maggie Hsiu-Ling Hsu
6．
maggie0037@gmail.com
Acting Director& Senior Specialist,
Chinese
Taipei
Business Startup & Incubation Division,
√
Small & Medium Enterprise Administration,
Ministry of Economic Affairs
Economy
# male Details
1．
Hong Kong, china
√
2．
√
RP
3．
√
PRC
4．
√
PRC
5．
Hong Kong, china
√
6．
√
PRC
7．
√
PRC
8．
√
INA
9．
√
MAS
10．
7
√
PE
11．
7
PNG
7
12．
4
√
√
PNG
13．
4
THA
Email
Wilton Chau
wiltonchau@baf.cuhk.edu.hk
Chairman of QLeap Venture Fund；Founding
Vice Chairman of Hong Kong Business Angel
Network; Professor of Chinese University of Hong
Kong. QLeap Venture ; Hong Kong Business
Angel Network ; Chinese University of Hong Kong
Benel D. Lagua
bdlagua@dbp.ph
Executive Vice President, Development Bank of
the Philippines
Song Wei
songwei@ustc.edu.cn
Director of the School of Public Affairs
University of Science and Technology of China
Xie Minxiao
steven.hsieh@infinity-equity.com
Managing Director
Infinity-CSVC Venture Capital Enterprise
Martin Tsang
martin@amos.com.hk
Executive Director
Hong Kong EV Power Limited
Qin Hailin
qinhailin@ccidthinktank.com
Director of the Institute of finance and economics
China Center for Information Industry Development
Yuan Lin
Lyuan@cfae.cn
Business Director
Beijing Financial Assets Exchange
Febri Andri Yadi
andri102@yahoo.com
Head of Subdivision
Ministry of Cooperativtives and SMEs, Indonesia
Nik Mohd Zainul Kamarun
nikkamarun@smecorp.gov.my
Senior Manager, Economics & Policy Planning
Division ,SME Corp Malaysia
Jorge Ochoa Garmendia
jorgeochoa@bsgroup.com.pe
Director, Lima Chamber of Commerce
Willie Reia
Willie.Reia@dci.gov.pg
Project Manager-SME Access to Finance Project.
Department of Trade, Commerce and Industry
Norman Songo
Norman.Songo@dci.gov.pg
Senior Technical office. Department of Trade,
Commerce and Industry
Thitarat Pootrakull
thitarat@smebank.co.th
√
Vice President. SME BANK
14．
THA
√
15．
MAS
√
Mahadthon Prutkajobchai
mahadthon@sme.go.th
Mohamed Ikhwan Shahdzul Bakri
ikhwan@myipo.gov.my
Senior Assistant Director, Intellectual Property
Corporation of Malaysia
Ahmad Fariq Hashim
16．
MAS
√
Assistant Manager, SME Corp Malaysia
Asep Budi Brata
17．
INA
√
PRC
√
19．
New Zealand
√
20．
Hong Kong, china
√
Hong Kong, china
√
Jason Le Vaillant
Jason.LeVaillant@mbie.govt.nz
Senior Policy Adviser, Ministry of Business,
Innovation & Employment, New Zealand
Jeh Shyan Wong
jehswong@mac.com
Consulting Partner, CNSG Consulting Group
PRC
√
hanfuling@126.com
Dean of Department of Applied Finance, Central
University of Finance and Economics
Wang Xiaomin
23．
alex.lin@infocomminvestments.
com
Head of Infocomm Investments Pte Ltd, Infocomm
Investments Pte Ltd.
Han Fuling
22．
hznewtown@126.com
Deputy Director of, Investment Professional
committee, China Association for the Promotion of
Industrial Development
Alex Lin
21．
rani_id@bi.go.id
Assistant Director, Indonesia Central Bank
Wang Wenzhong
18．
fariq@smecorp.gov.my
wxmsaidi@163.com
Secretary general
PRC
√
China Federation of IT Promotion Solution
providers professionals committee
Comments: What was the approach undertaken for participant nomination/selection and targeting? Please
provide details. What follow-up actions are expected? How will participants/beneficiaries continue to be
engaged and supported to progress this work?
There are two approaches to nominate participants: on one hand, participants through APEC economies’ email with
CV send to us. On the other hand, some sophisticated experts in Yiwu seminar had been appreciated initiated to
attend Nanjing seminar again, moreover, we also invited academic and commercial experts in different fields
because various participants will beneficial in communicate and discussion.
7. Key findings: Describe 1-3 examples of key findings, challenges or success stories arising from the
project (e.g. research or case studies results, policy recommendations, roadblocks to progress on an
issue, impacts on gender).
(a). Mrs. Linda Rushce, Director of Financial Assistance for SBA in USA. The SBA guarantee is support for the
possible inability of the SME to fully pay the loan. SBA shares the risk of loss with the lender. But, the SBA
guarantee does not cover lender mistakes. Each SBA guaranteed loan requires the lending partner to manage its
SBA lending activities in a commercially prudent and reasonable manner. SBA is guaranteeing against credit risk,
not lender mistakes. These credit principles have remained steadfast since SBA’s inception.
(b). Mr.Benel Lagua (Executive Vice President, Development Bank of the Philippines) was share the finance and
loan service in Philippines. FINEX, as the Philippines association of financial personnel explores a website to help
SMEs development. The SMEs and other finance organizations employ this website after registration to online
apply loan and financing.
(c). For Mr. Jorge Ochoa Garmendia’s perspective, who is the director of Lima Chamber of Commerce: the
endeavor for developing SMEs not only depends on government, but also requires the assistance from educational
circles. Government with stimulate measures in the market will enhance in innovation, such as tax reduction and tax
exemption. For educational circles necessitate contribute in researching.
8. Next steps: Describe any planned follow-up steps or projects, such as workshops, post-activity
evaluations, or research to assess the impact of this activity. How will the indicators from Question 5 be
tracked? How will this activity inform any future APEC activities?
Based on the experiences from Yiwu and Nanjing seminars, especially in selected topics, exclusive regulations and
also keep the liaison of experts. The next step, we will submit some key findings for Chinese government gathered
from the workshop to Ministry of Industry and Information Technology. We hope it is going to be a fruitful document
for policy-maker.
9. Feedback for the Secretariat: Do you have suggestions for more effective support by APEC fora or the
Secretariat? Any assessment of consultants, experts or other stakeholders to share? The Secretariat
examines feedback trends to identify ways to improve our systems.
Thanks for all assistances and support from APEC Secretariat so that the project could be successful complete.
SECTION C: Budget
Attach a detailed breakdown of the APEC-provided project budget, including:



No.
Planned costs (using most recently approved budget figures)
Actual expenditures
Variance notes: An explanation of any budget line under- or over-spent by 20% or more.
Item Description
1.
Speaker's Honorarium
2.
3.
4.
Budget
Actual
Balance
Variance Notes
7,200.00
4,800.00
2,400
4 Speakers from
goverment official
Short-term Clerical/Expert
Per Diem - Speakers/Experts
Per Diem- Participants/Trainees
2,000.00
6,815.00
22,715.00
2,000.00
5,716.00
11,080.50
0.00
1,099.00
3,894.00
5.
Airfare - Speakers/Experts
20,136.00
9,793.07
10,342.93
Variance of airfare
6.
Airfare -Participants/Trainees
40,000.00
17,274.84
22,725.16
Only for 21 participants
from 40 participants
planned, and variance of
airfare.
7.
8.
9.
10.
11.
Photocopying
Communication
Hosting
Component Total
Project Total
1,000.00
134.00
0.00
100,000.00
100,000.00
1,000.00
134.00
0.00
51,798.41
51,798.41
0.00
0.00
0.00
48,201.59
48,201.59
Only 21 participants
come from 40
participants planned.
Not utilized
SECTION D: Appendices
Please attach the following documentation to the report as required. Note that the participant contact list is a
mandatory requirement for all Project completion reports.

Appendices
Notes
Participant contact list: contact info, gender, job titles (mandatory)
Experts / consultants list: contact info, job titles, roles, gender
Event Agenda
Reports, websites or resources created: links or soft copies
Post activity survey or other evaluation data (raw and/or aggregated)
Other information or resources
SME 13 2013A Participant/ Expert Contact List
Speakers
N0.
NAME
GENDER
JOB TITLES
CONTACT INFO
1.
Linda Rusche
Female
Director, Office of Financial Assistance
United States Small Business Administration
linda.rusche@sba.gov
2.
Wilton Chau
Male
wiltonchau@baf.cuhk.ed
u.hk
3.
Benel D. Lagua
Male
Chairman of QLeap Venture Fund；Founding Vice
Chairman of Hong Kong Business Angel Network;
Professor of Chinese University of Hong Kong.
QLeap Venture ; Hong Kong Business Angel
Network ; Chinese University of Hong Kong
Executive Vice President
bdlagua@dbp.ph
Development Bank of the Philippines
4.
Song Wei
Male
Director of the School of Public Affairs
University of Science and Technology of China
songwei@ustc.edu.cn
5.
Xie Minxiao
Male
Managing Director
Infinity-CSVC Venture Capital Enterprise
steven.hsieh@infinityequity.com
6.
Martin Tsang
Male
Executive Director
Hong Kong EV Power Limited
martin@amos.com.hk
7.
Yuan Lin
Male
Business Director
Beijing Financial Assets Exchange
Lyuan@cfae.cn
8.
Jorge Ochoa
Garmendia
Male
Director, Lima Chamber of Commerce
jorgeochoa@bsgroup.co
m.pe
9.
Jason Le Vaillant
Male
Senior Policy Adviser, Ministry of Business,
Innovation & Employment, New Zealand
Jason.LeVaillant@mbie.
govt.nz
10.
Jeh Shyan Wong
Male
Consulting Partner, CNSG Consulting Group
jehswong@mac.com
11.
Alex Lin
Male
Head of Infocomm Investments Pte Ltd, Infocomm
Investments Pte Ltd
12.
Han Fuling
Male
Dean of Department of Applied Finance, Central
University of Finance and Economics
alex.lin@infocomminvest
ments.com
hanfuling@126.com
13.
Kingkan Ketsiri
Female
Senior Examiner, Bank of Thailand
kingkank@bot.or.th
14.
Maggie Hsiu-Ling
Hsu
Female
Acting Director& Senior Specialist,
maggie0037@gmail.com
Business Startup & Incubation Division,
Small & Medium Enterprise Administration,
Ministry of Economic Affairs
Participants
N0.
NAME
1
Eko
Sari Budirahayu
2
Mayamin
Haini Musa
3
GENDE
R
JOB TITLES
CONTACT INFO
Female
Head of Subdivision
Ministry of Cooperativtives and SMEs, Indonesia
eksadira@gmail.com
Female
SME Corp Malaysia
zhafri.aiman@smecorp.
gov.my
Chitraporn AmrapalaFemale
Economist,
Fiscal Policy Office, Ministry of Finance
chitraporn@fpo.go.th
4
Qin Hailin
Male
Director of the Institute of finance and economics
China Center for Information Industry Development
qinhailin@ccidthinktank.
com
5
Febri Andri Yadi
Male
Head of Subdivision
Ministry of Cooperativtives and SMEs, Indonesia
andri102@yahoo.com
6
Nik Mohd Zainul
Kamarun
Male
Senior Manager
nikkamarun@smecorp.g
ov.my
Economics & Policy Planning Division SME Corp
Malaysia
7
Willie Reia
Male
Project Manager-SME Access to Finance Project.
Department of Trade, Commerce and Industry
Willie.Reia@dci.gov.pg
8
Norman Songo
Male
Senior Technical office. Department of Trade,
Commerce and Industry
Norman.Songo@dci.gov
.pg
9
Thitarat
Pootrakull
Male
Vice President. SME BANK
thitarat@smebank.co.th
10
Wang Wenzhong
Male
Deputy Director of
hznewtown@126.com
Investment Professional committee,
11
Asep Budi Brata
Male
China Association for the Promotion of Industrial
Development
Assistant Director, Indonesia Central Bank
12
Ahmad Fariq
Hashim
Male
Assistant Manager, SME Corp Malaysia
fariq@smecorp.gov.my
13
Mohamed Ikhwan
Shahdzul Bakri
Male
Senior Assistant Director, Intellectual Property
Corporation of Malaysia
ikhwan@myipo.gov.my
14
Mahadthon
Prutkajobchai
Male
Senior Operational Officer, Office of SME Promotion
mahadthon@sme.go.th
APEC Seminar of Financing Innovation of SMEs (Yiwu)
Tentative Agenda
rani_id@bi.go.id
09:00 – 09:30
OPENING
09:30 – 09:45
Registration
Opening Remarks

Mr. Tian Chuan, Deputy Director General of SME Department, Ministry of Industry and Information
Technology, P. R. China (China)
09:45 – 09:50
Photo Session
09:50 – 10:10

Ms. Quynh Thai Le，Macroeconomist， APEC Policy Support Unit
[Keynote Speech]
10:10 – 10:30

Mr. Jason Le Vaillant, Senior Policy Adviser, Ministry of Business, Innovation & Employment, New
Zealand (New Zealand)
10:30 – 10:40
SESSION Ⅰ
Tea Break
Status and Trends: Innovative Financing for SMEs
[Panel Discussion]
Moderator:

Dr. Qin Hailin, Director of the Institute of finance and economics, China Center for Information
Industry Development (China)
10:40 – 11:25
Panelists:

Mr. Benel D. Lagua, Executive Vice President and Chief Development Officer, Development Bank of
the Philippines (Philippines)

Ms. Kingkan Ketsiri, Senior Examiner, Bank of Thailand (Thailand)

Mr. Jason Le Vaillant, Senior Policy Adviser, Ministry of Business, Innovation & Employment, New
Zealand (New Zealand)
11:25 – 13:30
Luncheon
[Keynote Speech]
13:30 – 14:10

Dr. Jeh Shyan Wong, Consulting Partner , CNSG Consulting Group (Singapore)

Ms. Maggie Hsiu-Ling Hsu, Acting Director& Senior Specialist, Business Startup & Incubation
Division, Small & Medium Enterprise Administration, Ministry of Economic Affairs (Chinese Taipei)
SESSION Ⅱ
Financing Facilitation for SMEs
[Panel Discussion]
Moderator:

Dr. Qin Hailin
14:10 – 14:55
Panelists:

Mr. Jinchang, Lai, Lead for Financial Infrastructure, East Asia and Pacific, Advisory Services,
International Finance Corporation, World Bank Group

Mr. YuanLin, Business Director, Beijing Financial Assets Exchange (China)

14:55– 15:05
Dr. Jeh Shyan Wong, Consulting Partner , CNSG Consulting Group (Singapore)
Tea Break
[Keynote Speech]
15:05– 15:25

Prof. Wilton Chau ， Chairman of QLeap Venture; Founding Director of Pan Asia Venture
Development Platform; Founding Vice Chairman of Hong Kong Business Angel Network; Professor of
Practice in Entrepreneurship and Associate Director of MBA Programs, the Chinese University of
Hong Kong (Hong Kong，China)
SESSION Ⅲ
Best Practices for SMEs in Innovative Financing
[Panel Discussion]
Moderator:

15:25-16:30
Prof. Wilton Chau
Panelists:

Ms. Wang Fei, Project Appraisal Department III, China Development Bank Co.,Ltd (China)

Dr. Alex Lin , Head of Infocomm Investments Pte Ltd (Singapore)

Prof. Han Fuling, Dean of Department of Applied Finance, Central University of Finance and
Economics (China)
Closed
*Please note that this Agenda is subject to change by the organizer.
APEC Seminar of Financing Innovation of SMEs (Nanjing)
Tentative Agenda
09:00 – 09:30
OPENING
09:30 – 09:50
Registration
Opening Remarks

Mr. Tian Chuan, Deputy Director General of SME Department, Ministry of Industry and Information
Technology, P. R. China
09:50 – 09:55
Photo Session
[Keynote Speech]
09:55 – 10:15

Ms. Linda Rusche, Director，Office of Financial Assistance, United States Small Business
Administration(United States)
10:15 – 10:30
Tea Break
SESSION Ⅰ
Combination Between Industry and Finance for SMEs
[Panel Discussion]
Moderator: Prof. Wilton Chau, Founding Chairman of Pan Asia Venture Development Platform;
Professor of Practice in Entrepreneurship and Associate Director of MBA Programs, the Chinese
University of Hong Kong (Hong Kong, China)
10:30 – 12:00
Panelists:

Mr. Benel D. Lagua, Executive Vice President and Chief Development Officer, Development Bank of
the Philippines (Philippines)

Mr. Jorge Ochoa Garmendia, Director of Lima Chamber of Commerce(Peru)

Prof. Song Wei, Dean of the School of Public Affairs, University of Science and Technology of China

Ms. Linda Rusche, Director，Office of Financial Assistance, United States Small Business
Administration(United States)
12:00 – 14:00
Luncheon
[Keynote Speech]
14:00 – 14:20

Prof. Wilton Chau，Founding Chairman of Pan Asia Venture Development Platform; Professor of
Practice in Entrepreneurship and Associate Director of MBA Programs, the Chinese University of
Hong Kong (Hong Kong, China)
SESSION Ⅱ
Financing Facilitation for SMEs
[Panel Discussion]
Moderator: Dr. Qin Hailin, Director of the Institute of finance and economics, China Center for
Information Industry Development
14:20 – 16:30

15:00 –
Panelists:

Mr. Tsang Wai Wah Martin, Co-founder and CEO, EV Power Holding Limited (Hong Kong, China)

Mr. Xie Minxiao, Managing Director, Infinity Group

Mr. Yuan Lin, Business Director, Beijing Financial Assets Exchange

Prof. Wilton Chau
Tea Break
15:15
Closed
*Please note that this Agenda is subject to change by the organizer.
FOR APEC SECRETARIAT USE ONLY APEC comments: Were APEC project guidelines followed? Could the
project have been managed more effectively or easily by the PO?