Yujiapu Financial District successfully promoted in Hong Kong
HONG KONG, March 26 /PRNewswire-Asia/ -- The Vice-Mayor of Tianjin City in North Eastern China, Cui Jindu, recently led a financial delegation to Hong Kong to hold a "Yujiapu Night" promotional event, which presented Tianjin's forthcoming plans for its Yujiapu Financial District to well-known financial institutions, enterprises and social organizations in town. The event successfully showcased the modern image of Tianjin and the government's commitment to the development of Yujiapu Financial District. Also, a platform for attracting overseas investment and cooperative communication was established through the event.
Nearly one-hundred senior executives from well-known banks, investment, insurance and fund management companies as well as real estate developers and other well known enterprises and social organizations were invited to attend the promotional event, which showcased Tianjin's achievements in financial innovation and reform, and the unique advantages of Tianjin Binhai New Area in drawing in foreign financial capital and businesses.
The Vice-Mayor had a cordial exchange with all guests, and announced that Tianjin municipal government would provide full support in terms of preferential policies and construction services to investors. Cui also expressed his hopes for future cooperation with participating companies in all areas related to the establishment of financial services companies. By establishing a multi-level capital market and a modern financial services system, Tianjin is set to become a world-class financial services center.
Tianjin Innovative Financial Investment Co., Ltd. has overall responsibility for the operation of Yujiapu Financial District. Its Chairman, Li Bo, presented the regional plan and investment features of Yujiapu Financial District at the promotional event, and emphasized that Yujiapu Financial District is looking to attract not only traditional financial institutions, but also, through a series of beneficial policies, can attract more innovative financial service providers. It is hoped that the new area can be built into a modern financial center to match its position as a regional economic hub and a national financial reform and innovation base and thus provide a model for the rest of China.
Li Bo said great efforts would be made to welcome and attract foreign financial institutions and enterprises to invest in Yujiapu Financial District by expanding the visibility and influence of the financial district.
The Tianjin financial delegation also met with the Chief Executive of HKMA Mr. CHAN Tak-Lam Norman, Katherine Tsang, Standard Chartered Bank (China) Co., Ltd president and chief executive officer, and visited Goldman Sachs Asia Limited, Elements and Morgan Stanley (Hong Kong). Following the event, many financial institutions expressed their interests in Yujiapu Financial District, and commented that the prospects for Tianjin Binhai New Area looked promising, believing that under the guidance of government policy, the Binhai New Area could integrate into the national development strategy, lead the Bohai Economic Rim in northern China into a new development stage and become a new engine for regional economic growth.
