* * * Ladies and gentlemen I would like to extend to you a very warm welcome to our third international cash conference here on beautiful Island of Mainau. I am delighted that all of you have come, some from very far away, to attend and shape this exciting conference. I hope that you all had a pleasant trip to Lake Constance.
In that regard, according to the White Paper on Small and Medium Enterprises, while the average productivity growth rate of SMEs that made foreign direct investment was about 1.8 percent, the growth rate of those did not was about 1.0 percent.