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Vice Chairman Cheng Siwei Met With Mr. Harold McGraw ,

Chairman of McGraw-Hill Companies

 

On May 19th, 2004, Mr. Cheng Siwei, Vice Chairman of the Standing Committee of NPC and Honorary President of CIIMC, met with Mr. Harold McGrawIII, Chairman of McGraw-Hill Companies and his delegation in Anhui Hall of the Great Hall of the People. McGraw Hill Companies is one of the Fortune 500 Companies of the world, and it is a world leading institute providing educational, information and financial services. Standard & Poor’s, McGraw-Hill Education, Business Week, Platts Energy & Resources Information, and McGraw-Hill Construction which are under McGraw-Hill Companies are all world-famous brands. The aim of his visit to China this time was to show his confidence in the Chinese government and Chinese market. He announced on yesterday’s press conference that he would elevate the level of business branches of McGraw-Hill Companies in China as from that day, and its subsidiary companies would also march into the Chinese market in an all-round way. Mr. Harold McGrawIII hoped to enhance cooperation with relevant industries of China and CIIMC in the areas of financial capital, information service, credit construction of Chinese and foreign enterprises and education publishing, etc. Vice Chairman Cheng Siwei introduced to the guests the reform of China’s state-owned commercial banks, development status of the capital market, and policies of the Chinese government on the credit market including rating institutions and the development trend. He expressed his welcome to McGraw-Hill Companies to explore business in China and make contributions to the economic development and cultural exchange between China and the United States of America.

 

Mr. Harold McGrawIII extended thanks to Vice Chairman Cheng Siwei for receiving him and giving him pertinent suggestions, and he also introduced to Vice Chairman Cheng the situation of the Roundtable Meeting in the U.S.. He sincerely invited Vice Chairman Cheng to visit McGraw-Hill Companies as a guest during his visit to the United States.

 

Leaders of CIIMC including Mr. Wang Maolin, Mr. Chen Yaoxian, Mr. Zhang Xiaoyu, Mr. Tian Guoliang and Mr. Meng Xiaolei, and Mr. Glen S. Goldberg, Senior Vice President of McGraw-Hill Companies Group Affairs, Mr. Edwin Salma, Executive Vice President, Mr. Wiarda, Managing Director of Global Development Department, Mr. Tom Schuller, Chief Representative of Standard & Poor’s (Asia-Pacific Region) and Ms. Zhang Shasha, Chief Representative of Standard & Poor’s (China) also attended at the meeting.

 

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