ACFICAll-China Federation of Industry and Commerce
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According to statistics from China's industrial and trade association ACFIC, of the annual growth in China of about 10 per cent per annum, 70 to 80 per cent comes from the private sector, which consists of 5.
Combined with the efforts and cooperation of ACFIC and ACG, I strongly believe that this event will surely be successful, enhance financing opportunities for Chinese SME, create a new platform for Western investors entering China, and provide a winning experience of utilizing private equity to create public wealth", said Mayor Dai Xianglong, who ran China's central bank for eight years before being appointed the Mayor of Tianjin.
46 million members, ACFIC is China's largest non-government organization representing the country's private economy.