On the afternoon of May 30th, mayor Yao Xiaodong met with the senior managing director of Blackstone Group.
　　The Blackstone Group, headquartered in New York, is one of the world's largest private equity funds. And the total assets under management are over 160 billion U.S. dollars. Yao Xiaodong said how to further form the industry characteristics was a major issue for Changzhou city, and he wished that Changzhou could further strengthen cooperation with the Blackstone Group, which enjoyed strong financial background and abundant resources.