2018-07-20 16:09
On July 18, Beijing Investment Promotion Bureau and Beijing Financial Work Bureau, in conjunction with the Xicheng District Government, invited the People's Bank of China, China Bank Insurance Regulatory Commission and China's Securities Regulatory Commission(CSRC) made an professional interpretation on the financial open policy and jointly held the “Beijing Financial Policy Promotion Meeting” in Xicheng District. Executives from over 60 financial institutions in more than 20 countries and regions attended the meeting. The meeting focused on the National Financial Management Center, the expansion of Beijing's financial industry and the policy advantages of Beijing Financial Technology and Professional Service Innovation Demonstration Zone in Xicheng District. The latest financial open policy was interpreted and the concerns of financial institutions were addressed.
Through the interpretation of the promotion and policies, more than 10 financial institutions such as Prudential Insurance and Sabadell Bank of Spain expressed strong investment aspirations. East West Bank, BMCE Bank, and the United Bank Limited of Pakistan negotiated on setting up a new institution in Beijing. In the next step, Beijing Investment Promotion Bureau and Beijing Financial Work Bureau will strengthen work coordination and establish a new mechanism to facilitate the settlement of foreign financial institutions, promoting the participation of foreign financial institutions in Beijing's construction at a higher level and on a wider field.