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Dhaka Tribune

Grameen China to set up branch in Shenzhen

Update : 15 Oct 2015, 08:04 PM

Grameen China is going to open a branch in the commercial city of Shenzhen in the country for its microcredit programme.

An event was hosted in Shenzhen Citizen’s Centre to make the opening announcement and Nobel Laureate Prof Muhammad Yunus addressed it where local prominent political and business leaders were present, says a media release issued by Yunus Centre on Wednesday.

Welcoming the noble laureate to China Mr Bai Li Chen, deputy chairman of Chinese People’s Political Consultative Conference, a top ranking national leader of the Chinese Communist Party, thanked P-to-P Company Hepai.com for working with Grameen China to bring financial services according to Yunu’s advice. During the addressing, Prof Yunus explained the need to create a new civilization by rediscovering ourselves as full human beings, and come out of the present one which is based on selfishness of people.

Mr Xu, Deputy Mayor of Shenzhen in charge of finance, welcomed Professor Yunus on behalf the city and assured all assistance to the programme of Grameen China. He said Shenzhen is a dynamic city known for its friendliness to start-ups. More than 2000 online financial start-ups are in operation from Shenzhen.

Professor Du Xiaoshan, father of Chinese microcredit and also adviser of Grameen China, a long time promoter of Grameen Programmes in China, and a social activist, spoke the forum about the Chinese experience in microcredit. He has been appointed as the Advisor to Grameen China. 

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