PR99022

BEIJING, Nov. 29, 2022 /PRNewswire=KYODO JBN/ --

The Annual Conference of Financial Street Forum 2022 closed amidst talks and

discussions on deepening financial reform and opening up and fostering

high-quality construction of Financial Street as the national financial

management center on Wednesday.

Li Wenhong, head of Beijing Municipal Bureau of Local Financial Regulation and

Supervision, said the bureau will continue to improve the service capacity and

optimize financial industry structure in Beijing to strengthen Financial

Street's role as the national financial management center and boost local

financial development of higher quality in the new era.

Currently, around 1,900 financial institutions of varied types including 175

institution headquarters have settled along the Financial Street, where the

Beijing Stock Exchange and Beijing Financial Court are also located, said Sun

Shuo, secretary of CPC Beijing Xicheng district committee, adding that now

Financial Street boasts more functions and better financial ecology.

Beijing Xicheng District will strive to craft Financial Street into a national

financial management center with complete financial functions, open financial

market, top business environment and increasing international influence,

according to Sun.

Held in the year when construction of the Financial Street in Xicheng District

of Beijing already went through 30 years, the forum underpinned the role of the

Financial Street as a window to showcase China's financial reform and opening

up.

Chen Yuan, vice chairman of the 12th Chinese People's Political Consultative

Conference National Committee, said this year's annual conference brought again

a feast of ideas and thinking to present China's firm determination to further

opening up and responsible contribution to global economic development.

On this occasion, review of history, summarization of experience and research

over the existing challenges and future trends valued much to the modernization

drive of Chinese economy, reckoned Zhang Xiangchen, deputy director-general of

the World Trade Organization.

This year's forum was held during November 21-23 in Beijing. It was jointly

organized by the People's Government of Beijing Municipality, the People's Bank

of China, Xinhua News Agency, China Banking and Insurance Regulatory

Commission, China Securities Regulatory Commission and the State Administration

of Foreign Exchange.

See the original link: https://en.imsilkroad.com/p/331334.html

SOURCE  Xinhua Silk Road

Image Attachments Links:

   Link: http://asianetnews.net/view-attachment?attach-id=435129