The West China Venture Capital & Private Equity Forum 2009 was held on January 10th -11th to promote development in the west by utilizing venture capital (VC). It was jointly sponsored by China National Democratic Construction Association, MOST, Sichuan Provincial Government and Shenzhen Stock Exchange in Chengdu.

Minister WAN Gang of Science and Technology called for integration of science, economy and finance so as to facilitate the VC development in China.

1) Efforts should be made to enhance innovation in supporting economic progress.

2) VC should be made the most of in boosting hi-tech industry.

3) Favorable environment should be nutured to promote sound and fast socio-economic development in midwestern China.