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3rd FCIB China Conference

Originally published: Sep-26-2006

Prominent Chinese and U.S. Organizations Sponsor 3rd China International Credit and Risk Management Conference

Conference to Focus on Strengthening International Exchange and Fostering Credit in China

Tianjin, China – The Association of Executives in Finance, Credit and International Business (FCIB) will host its third conference on international credit risk management at the Renaissance Tianjin TEDA Hotel & Center in Tianjin, China. The 3-day conference, which begins October 25, 2006, is co-hosted by the China Council for the Promotion of International Trade (CCPIT) and China’s National Office of Rectification and Standardization of Market Economic Order (NORSMEO). Organizers include CCPIT and FCIB-China.

According to Aneta Spilman, FCIB president, the resounding successes of the inaugural conference, in Beijing in October 2004, and a second conference in Shanghai in 2005, has confirmed the value of the event to U.S. and Chinese hosts and organizers.

"Trade credit is the largest source of short-term capital for corporations -- no matter where in the world they are located," said Spilman. "Our 3rd Conference in Tianjin will provide the audience an opportunity to interact with and learn from credit and financial professionals from a multitude of nations, and a variety of backgrounds and experiences. We are also very pleased that the Mayor of Tianjin, Dai Xianglong, is personally committed to the success of this Conference. Mayor Dai, a former governor of the People’s Bank of China, is a progressive leader who has been responsible for spearheading new approaches in the credit process."

The Tianjin conference will focus on credit related issues from four perspectives:

  1. Enterprise credit management
  2. International trade credit
  3. International bank credit
  4. Government laws and regulations

Professionals from US-based multinationals will be presenting, including such leading corporations as JP Morgan, GE Finance, Corning Cable Systems, Caterpillar (China) Financial Leasing, Celanese Corporation, Wells Fargo, Johnson Electric Group and AIG.

For detailed information on the conference, visit the FCIB web site.

About Tianjin, China

Tianjin is China’s fourth largest city with a population exceeding 9.3 million. Its location on the Bohai Sea, proximity to Beijing, and status as China’s largest port city have made it one of the most prosperous business areas as well as a distribution center for goods and materials in Northern China. As a major foreign trade port, Tianjin, like a bridge and a window, plays an important role in the export-oriented economy of China.

About FCIB

FCIB, founded in 1919, is an organization devoted to international trade and to assisting global companies and exporters attain best practices in accounts receivable management and trade finance. The organization enjoys an international reputation as a business educator and premier provider of business credit intelligence to exporting companies of every size — from small and midsize manufacturers to Fortune 500 multinationals. It has offices in the United States and Europe, and maintains operations in Mexico, Canada and China. FCIB is the recipient of the prestigious U.S. President’s “E Star” Award, recognizing the association’s contributions to the export expansion program of the United States.

About FCIB-China

FCIB-China was formed in 2004 by FCIB, The ABC Companies, Inc., parent of ABC-Amega Inc., a worldwide leader in international receivable management, and Henry Chan, a honorary lifetime FCIB member. The organization’s central purpose is to provide training in credit and receivable management to Chinese businesses and government bodies, as well as to international organizations with offices in China or seeking to do business in China.

The mission of FCIB-China is to establish a leading, world-class, business management resource membership organization in China that promotes best credit management practices within China and between Chinese and foreign enterprises around the world.

About CCPIT

China Council for the Promotion of International Trade, established in 1952, is the national trade promotion organization of China. Its purposes are to promote international trade, encourage foreign investment, introduce advanced foreign technologies, conduct activities of China-foreign economic and technology cooperation, promote development of economic and trade relations between China and other countries, and promote mutual understanding and friendship between Chinese and peoples of all nations. Its global network includes overseas representative offices in 16 countries and regions.

About NORSMEO

The Leading Group of Rectification and Standardization of Market Economic Order was founded in 2001. It is made up of the ministers and directors of 36 departments, including Ministry of Public Security, Ministry of Commerce, State Administration for Industry and Commerce, State Administration of Food and Drug, etc. The main responsibility of the Leading Group is to lead the rectification and standardization of China’s market economic order, to guide, organize and coordinate some special campaigns, to promote social credit system building and to be in charge of the law enforcement coordination in intellectual property rights protection.

For further information on FCIB-China or any of the other organizations mentioned above, please contact Loral Narayanan, director marketing, ABC-Amega Inc. (phone 1-716-878-2850; email loral.narayanan@abc-amega.com).