The China International Chamber of Commerce for the Private Sector (CICCPS) celebrated its inauguration and hosted its first international forum on November, 24, in Beijing. The forum, entitled "Cooperation for Win-Win Overseas Investment of the Chinese Private Sector", involved panel discussions both on obtaining finance in China and dealing with cultural, political and legal differences when doing business abroad. As the first members, Tongwei group joined the chamber with other 127 domestic private companies.

‘The high-profile forum welcomed near 300 business leaders from various Chinese privately owned enterprises (POEs) as well as economists and government officials from China. Ambassadors from the United Kingdom, New Zealand, Colombia, Iceland and senior representative of the United Nations Development Program (UNDP) were also present. By bringing together the various stakeholders, the Chamber hopes to create an international communication platform that can help Chinese POEs expand overseas and compete in the global market.

In addition to facilitating communication, CICCPS also provides a range of services such as government relations, investment and financial support, human resources, legal services, international cooperation and other services to its more than 140 members. Member companies cover a diverse range of industries, from finance and technology to manufacturing and transportation, and include well-known POEs.’