RELEASE: The Financial Street Forum concludes with discussions on the construction of the financial management center

(Information sent by the signatory company).

RELEASE: The Financial Street Forum concludes with discussions on the construction of the financial management center

(Information sent by the signatory company)

- Xinhua Silk Road: The annual conference of the Financial Street Forum concludes with discussions on the construction of the national financial management center

BEIJING, Nov. 29, 2022 /PRNewswire/ -- The Financial Street Forum 2022 annual conference closed amid talks and debates on deepening financial reform and opening up and fostering high-quality construction of Financial Street as the national center for financial management on Wednesday.

Li Wenhong, head of the Beijing Municipal Office for Local Financial Regulation and Supervision, said the office will continue to improve service capacity and optimize the structure of the financial industry in Beijing to strengthen the role of Financial Street as the national financial management center. and promote higher quality local financial development in the new era.

Currently, about 1,900 financial institutions of various kinds, including the headquarters of 175 institutions, have settled along Financial Street, which is also home to the Beijing Stock Exchange and the Beijing Financial Court, said Sun Shuo, secretary from the CPC Beijing Xicheng district committee, adding that Financial Street now has more functions and a better financial ecology.

Beijing's Xicheng District will strive to develop Financial Street into a national financial management center with comprehensive financial functions, an open financial market, a superior business environment and growing international influence, according to Sun.

Held in the year that the construction of Financial Street in Beijing's Xicheng district has already turned 30, the forum stressed Financial Street's role as a window to showcase China's financial reform and opening-up.

Chen Yuan, vice president of the National Committee of the 12th Chinese People's Political Consultative Conference, noted that this year's annual conference again brought a feast of ideas and thoughts to present China's firm determination to further open up and contribute responsibly to economic development. world.

On this occasion, the review of history, summary of experience and research on existing challenges and future trends are of great value for the modernization drive of China's economy, said Zhang Xiangchen, deputy director-general of the World Organization of Commerce.

This year's forum was held from November 21 to 23 in Beijing. It was jointly organized by the People's Government of Beijing Municipality, the People's Bank of China, Xinhua News Agency, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange.

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