On June 20, 2008, the establishment meeting of Beijing Private Equity Association was held in Beijing Diaoyutai State Guesthouse. The meeting was chaired by Li Xiaohong, secretary-general of Beijing Municipal Government. Ji Lin, standing member of CPC Beijing Committee and executive vice mayor of Beijing, was present at the meeting and delivered an important speech. Leaders of China People’s Bank, the National Council for Social Security Fund, NPC Economic and Financial Committee, National Development and Reform Commission and China Banking Regulatory Commission were present at the meeting and delivered speeches.